Sunday, 22 March 2020

US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar may rise versus the Singapore Dollar, Indonesian Rupiah and Malaysian Ringgit if capital flows out of ASEAN countries as key US data stokes the selloff in equities.

from DailyFX - Market News https://ift.tt/3blqtku
via IFTTT

NZD/USD RSI Sits in Oversold Zone as RBNZ Launches QE Program

NZD/USD struggles to preserve the rebound from late last week as the Reserve Bank of New Zealand (RBNZ) launches a Large Scale Asset Purchase programme (LSAP).

from DailyFX - Market News https://ift.tt/3956Pba
via IFTTT

US Dollar, S&P 500 Eyeing Bipartisan US Fiscal Stimulus Package

Volatility in the US Dollar and S&P 500 may be amplified in the coming days as Congress attempts to hammer out the details of a bipartisan fiscal stimulus package to counter the coronavirus.

from DailyFX - Market News https://ift.tt/2UeW3uV
via IFTTT

Yen May Gain as Weekend Dow Jones Futures Fall, NZD Eyes RBNZ Stimulus

The Japanese Yen may gain with weekend Dow Jones futures pointing lower into Monday’s session. NZD/USD could fall after the RBNZ announced a bond-buying program to support growth.

from DailyFX - Market News https://ift.tt/3aeXa3g
via IFTTT

US Dollar Gains, Crude Oil Sinks, Dow Jones Repeats 2008 Despite Stimulus Wave

The US Dollar rally continued as equities around the world slid the most since 2008. Crude oil tumbled about 30% as gold prices still suffered. Data out of the United States next week will start to...

from DailyFX - Market News https://ift.tt/2U9ElIR
via IFTTT

US Dollar Gains, Crude Oil Sinks, Dow Jones Repeats 2008 Despite Stimulus Wave

The US Dollar rally continued as equities around the world slid the most since 2008. Crude oil tumbled about 30% as gold prices still suffered. Data out of the United States next week will start to...

from DailyFX - Market News https://ift.tt/2UraYAV
via IFTTT

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?

from DailyFX - Market News https://ift.tt/33D5Opy
via IFTTT

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...

from DailyFX - Market News https://ift.tt/2UqJQ4Z
via IFTTT

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.

from DailyFX - Market News https://ift.tt/39aadSf
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3bkh78V
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2xcUowM
via IFTTT

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...

from DailyFX - Market News https://ift.tt/2J5K10s
via IFTTT

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?

from DailyFX - Market News https://ift.tt/33y4T9U
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2QyzjDU
via IFTTT

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?

from DailyFX - Market News https://ift.tt/2vFXKrG
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2WwJBbo
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2WttlaV
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2QyQ6GR
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2WucG7i
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2J269sE
via IFTTT

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...