Canadian Dollar Forecast: USD/CAD May Melt Higher After Pull Back

USD/CAD may continue higher after a brief pull back saw it test support, but can the pair surpass its recent spike or will a draw down in volatility see the rally peter out beforehand?

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

Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout

Despite unprecedented Fed liquidity and fiscal stimulus measures, economic turmoil caused by the coronavirus mounts and raises the risk of recession, which could strongarm the stock market lower.

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

US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?

The US Dollar tumbled as Wall Street and gold prices outperformed as investors embraced aggressive monetary and fiscal policy stimulus measures. Will this be enough to counter the anticipated slew ...

from DailyFX - Market News https://ift.tt/2JoL7EL
via IFTTT

Oil Prices Plunge on Oil Demand Destruction, Will Trump Intervene? - US Market Open

Focus on the oil market as WTI breaks below $20. Trump set to speak to Putin amid oil price war.

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

GBP/USD, EUR/GBP and GBP/CAD Prices and Outlook - UK Webinar

Sterling (GBP) jumped at the back end of last week against a range of currencies and for different reasons. The question now is whether these gains can be consolidated.

from DailyFX - Market News https://ift.tt/33X4DSf
via IFTTT

DAX 30, Euro Stoxx 50: Bear Market Rally Leaves Global Markets at Risk of Bull Trap

Portfolio rebalancing to provide short term gain, risks remain for long term pain. DAX and Euro Stoxx 50 risks lower levels.

from DailyFX - Market News https://ift.tt/2xEfRi7
via IFTTT

British Pound (GBP) Latest: GBP/USD and FTSE 100 Rally Look Vulnerable

Both Sterling and the FSTE 100 are pairing recent gains at the start of the week with little positive news in the press over the weekend to help them sustain last week’s rally.

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

EUR/USD Retreat May Accelerate Ahead of Key Confidence Data

The Euro may face accentuated selling pressure if Eurozone consumer, industrial, services and economic confidence data for March underscores deteriorating sentiment.

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

Crude Oil Prices Down As Coronavirus, Price War Threaten Glut

Crude oil markets didn’t rise very far when risk appetite revived last week on various coronavirus rescue programs. They’re now back to worrying about the chance of grievous oversupply.

from DailyFX - Market News https://ift.tt/341nk79
via IFTTT

Gold Price Levels to Watch Following US Fiscal Stimulus Program

The flight to safety may push the price of gold towards the yearly high ($1704) as market participants look for an alternative to fiat currencies.

from DailyFX - Market News https://ift.tt/3asLN7X
via IFTTT

Euro May Rise on ESM, Crude Oil Selloff Deepens on OPEC Price War

The Euro may rise on the use of the ESM while crude oil prices continue to suffer from the OPEC price war as an emerging market credit downgrade sends an alarming message.

from DailyFX - Market News https://ift.tt/2UZ6Fx9
via IFTTT

The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.

from DailyFX - Market News https://ift.tt/34stAF1
via IFTTT

NZD/USD Rate Outlook Clouded by Bear Flag Formation

NZD/USD continues to retrace the sharp decline from earlier this month, but the rebound may end up being short lived as a bear flag formation continues to take shape.

from DailyFX - Market News https://ift.tt/2Jl1sdw
via IFTTT

Australian Dollar May Wilt as Yen and US Dollar Rise in Asia Trade

The Australian Dollar may wilt but can that break the near-term AUD/USD uptrend? Weekend Dow Jones futures hint a “risk-off” tilt that may boost the Japanese Yen and haven-linked US Dollar.

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

US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?

The US Dollar tumbled as Wall Street and gold prices outperformed as investors embraced aggressive monetary and fiscal policy stimulus measures. Will this be enough to counter the anticipated slew ...

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

Dow Jones and FTSE 100 Forecasts for the Week Ahead

Dow Jones posting a bear market rally? Federal Reserve provides balloons balance sheet. Eyes on further government measures.

from DailyFX - Market News https://ift.tt/2xx78hM
via IFTTT

USD/MXN Outlook: Debt Rating Downgrade May Bring Further Weakness for the Peso

The Mexican Peso has managed to recover some ground against the US Dollar as risk-appetite resumes

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

Euro Forecast: More Gains on Way for EUR/USD, EUR/JPY, EUR/CHF?

The Euro was surprisingly firm last week against a range of other major currencies, suggesting resilience in the face of poor economic data and a lack of confidence.

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

Gold Prices May Drop as Liquidation Strikes Global Markets Anew

Gold prices soared after the Fed made its QE stimulus effortopen-ended. Renewed liquidation amid the global coronavirus lockdown may weaken them anew.

from DailyFX - Market News https://ift.tt/2xz0uYA
via IFTTT

US Dollar May Rise if ISM, NFP and PMI Data Spurs Haven Demand

The US Dollar could rise if key ISM, PMI and nonfarm payrolls data causes recession fears to swell and rekindles appetite for the haven-linked Greenback.

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