Sunday, 22 March 2020

S&P 500, DAX 30, ASX 200 Forecasts for the Week Ahead

Global equity markets swung wildly last week as declines slowed in the latter half. With a material pullback in volatility, can risk appetite improve in the week ahead?

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Saturday, 21 March 2020

Euro Forecast: EUR/USD Outlook Remains Bearish

Last Wednesday’s launch of a €750 billion emergency asset-purchase program by the European Central Bank did little to stabilize the Euro, suggesting further EUR/USD losses are likely in the week ah...

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Gold Prices Surrender as Virus-Induced Recession Fears Swell

Gold prices may continue to fall if recession fears from the coronavirus overwhelm the optimism from stimulatory measures by central banks and governments around the world.

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US Dollar Aims Higher as Markets Liquidate on Coronavirus

The US Dollar has soared as capital spooked by the coronavirus outbreak flooded out of global financial markets and into the most liquid cash on offer. More of the same seems likely.

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Friday, 20 March 2020

Australian Dollar Data Drought Will Leave Coronavirus In Charge

The Australian Dollar faces a lack of scheduled economic or central bank news this week. That’s not likely to be good news for its remaining bulls.

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VIX Peels Back as S&P 500 Stabilizes; High Volatility Still a Threat

Despite a deepening coronavirus crisis, the S&P 500 Index started to stabilize this week and the VIX ‘fear-gauge’ edged lower, but cross-asset volatility remains at crisis high levels and threatens...

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VIX Recedes into the Weekend After Record-Setting Spike

The market’s “fear gauge” or VIX index retreated into the weekend after a record-breaking string of performances over the last two weeks. What does this mean going forward?

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S&P Tests Support, EUR/USD Sell-Off Slows as USD Tempers Gains

It was another week of extreme volatility in global markets that was matched with historic moves from the world's largest Central Banks.

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Surging US Dollar Hits a Wall; is a USD Unwind Underway?

The near-vertical climb in the US Dollar Index takes a breather as GBP/USD pivots higher, AUD/USD rebounds and USD/CAD ricochets off resistance. Is the US Dollar rally over?

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Dow Jones, S&P 500 Wary of Quadruple Witching Volatility - US Market Open

After historic making moves, Dow Jones, S&P 500 await quadruple witching induced volatility.

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British Pound (GBP) Latest: GBP/USD Rebound Looks Fragile After Wild Sell-Off

The British Pound is bouncing back against a weaker US dollar after an untamed sell-off saw the pair shed 18 big figures in just two weeks.

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EUR/USD Breaks Key Level as EU Growth Outlook Darkens

Amid an aggressive selling bout, EUR/USD plunged below a crucial support level as the spread of the coronavirus continues to lower Europe’s baseline economic growth outlook.

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Crude Oil Prices Up Despite Virus On Hopes US May Stem Price War

Crude oil prices got a lift from hopes the United States might at some point step in to calm the market conflict between key producers Russia and Saudi Arabia.

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Thursday, 19 March 2020

US Dollar, Rupee Outlook: USD/INR Record Highs Eyed as Nifty Sinks

The US Dollar hit record highs versus the Indian Rupee. The Nifty 50 aims for its worst month since 2008 as the coronavirus complicates a fragile banking sector. USD/INR may rise.

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Norwegian Krone Plunges vs US Dollar, Euro on Covid-19 Outbreak

The petroleum-linked Norwegian Krone is the worst performing G10-currency this year and has plunged against the US Dollar and Euro amid a market-wide decline in risk-oriented assets.

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AUD/USD Remains Vulnerable as RSI Pushes Deeper into Oversold Zone

The current environment may keep AUD/USD under pressure especially as the Relative Strength Index (RSI) pushes deeper into oversold territory.

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Yen Sinks, USD/JPY Nears 2019 Peak. AUD/USD Gains on More RBA Stimulus

The Japanese Yen fell as the haven-linked US Dollar benefited the most amid global economic uncertainty as USD/JPY soared back towards the 2019 peak. AUD/USD gained on an RBA bond-buying plan.

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Canadian Dollar Forecast: USD/CAD Stalls Near 2016 High, Will it Reverse?

USD/CAD exploded higher this week as volatility surged and crude oil collapsed further. Now, the pair has slowed its ascent near the 2016 high and is showing signs of weakness.

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US Dollar Climbs as EUR/USD Eyes 2017 Low, USD/JPY & USD/MXN Explode

Another surge in the US Dollar is boosting the DXY Index toward three-year highs amid the coronavirus-driven cash crunch that’s steering EUR/USD lower while USD/JPY and USD/MXN rise.

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Gold Price Outlook: XAU Continues to Tank, Nears Seven Month Lows

Gold has gotten crushed over the past ten days. Despite a safe-haven run, the dash for cash has taken almost 15% out of Gold prices in less than two weeks.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...