Wednesday, 1 April 2020

EUR/GBP Price Outlook: Is There Light at the End of the Tunnel?

The precipitous fall in EUR/GBP over the last two weeks has seen the pair near an old trading zone which may slow down or provide support against ongoing negative sentiment.

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

Dow Jones, S&P 500 Outlook: Revisiting the Lows?

New Month and Same Challenges Remain for Equity Markets. Bear Market Rally Unwind Puts S&P 500 and Dow Jones at Risk.

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

Gold Price Outlook: XAU/USD Rebound Struggles as Bearish Chart Formation Builds

Tuesday’s sell-off candle is casting a bearish shadow on spot gold and with the US dollar picking up a bid again, lower prices may lie ahead.

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

British Pound (GBP) Latest: GBP/USD Stable as UK Bank Stocks Tumble

UK bank stocks are plunging after the banks cancelled their dividends to shareholders but Sterling is holding its ground against a rising US Dollar.

from DailyFX - Market News https://ift.tt/2UBK5f3
via IFTTT

US Dollar May Rise vs GBP, Euro Ahead of PMI Data Cascade

The USD may rise vs the British Pound and Euro ahead of the release of PMI data from Europe and the US as both struggle to revive growth in coronavirus-afflicted economies.

from DailyFX - Market News https://ift.tt/2UUyq9J
via IFTTT

Crude Oil Prices Uneasy at $20/Barrel, Eyeing Trump and Putin

Crude oil prices have endured the worst month and quarter on record thanks to the coronavirus’ depredations and Saudi/Russian price warfare. Still, the market clearly finds it hard to imagine sub-$...

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

Tuesday, 31 March 2020

USD/CAD Faces Range Bound Conditions Following Emergency BoC Rate Cut

USD/CAD may face range bound conditions over the remainder of the week as the exchange rate snaps the series of lower highs and lows from the previous week.

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

Dow Jones, S&P 500, DAX 30 Outlook: Will the Bounce Last?

The Dow Jones, S&P 500 and DAX 30 have bounced after aggressive declines. Can this momentum last? Trader positioning seems to be offering mixed signals as technicals point bearish.

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

AUD Steadies As China Caixin Manufacturing PMI Returns to Expansion

The Australian Dollar edged lower following the release of its central bank's last set of policy meeting minutes but paused on news that China's private manufacturing sector has bounced back.

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

NZD/USD Rate Forecast: Bear Flag Formation Unfolds in April

The recent rebound in NZD/USD may unravel over the coming days as a bear flag formation unfolds, with the exchange rate initiating a fresh series of lower highs and lows.

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

Yen and US Dollar Rise as Wall Street Drops. USD/JPY Eyes Resistance

The anti-risk Japanese Yen and US Dollar cautiously rose as Wall Street declined despite less-dismal consumer confidence. Futures hint a “risk-off” tilt as USD/JPY eyes resistance.

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

US Dollar Forecast: DXY Index, AUD/USD & GBP/USD Price Analysis

The US Dollar stabilizes into month and quarter end following a flareup in FX volatility amid the coronavirus pandemic. Where might DXY Index, AUD/USD and GBP/USD price action head next?

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

How to Invest During a Recession: Investments & Strategy

Economic recessions are often accompanied by stock market crashes and extended periods of low returns. Here are some of the best investments to hold during a recession.

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

Dow, S&P 500, Nasdaq 100 Finish Q1, Limp into April Trade

March was a month to remember and all signs are pointing to continued challenges in the months ahead. Buckle up.

from DailyFX - Market News https://ift.tt/2UUCV4t
via IFTTT

DAX 30 Price Outlook: Technical Traders Look to Overcome Resistance

The DAX 30 plummeted alongside other equity markets amid the recent stock market crash, with a peak-to-trough move of roughly -40%. Now, a recovery rally is looking to overcome resistance.

from DailyFX - Market News https://ift.tt/340WI6i
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/3asHtp7
via IFTTT

Consumer Confidence Dives to 2017 Lows on Covid-19, USD Gyrates

Consumer confidence data shows that Covid-19 is taking its toll on the US consumer's outlook as the index drops to the lowest level since July of 2017Consumer Confidence Sinks to Lowest Level Since...

from DailyFX - Market News https://ift.tt/39wvXI3
via IFTTT

US Dollar Rises on Month End Flows, Fed Announces Further Liquidity Tools - US Market Open

US Dollar in Demand on Month and Quarter End Flows, Federal Reserve Announces further liquidity measures

from DailyFX - Market News https://ift.tt/3aBL6sU
via IFTTT

Market Sentiment Showing Tentative Signs of Improvement | Webinar

Trader confidence remains poor, with the US Dollar still in demand as a safe haven, but it is less weak than it has been, and risk assets are benefiting.

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

US Dollar Index, EUR/USD Charts & More

The Dollar is trying to rebound at the moment; wild swings have made everything short-term, but look for that to change as a theme/trend emerges.

from DailyFX - Market News https://ift.tt/3dI7eUi
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...