Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts

The Euro and crude oil prices will be at the mercy of ongoing OPEC+ and Eurozone negotiations as members from each respective group attempt to reach a consensus on policy.

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

AUD/USD Forecast: Wait-and-See RBA to Give Way to Bear Flag Formation

The RBA interest rate decision may do little to alter the near-term outlook for AUD/USD as the central bank is expected to retain the current policy in April.

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

US Dollar, Japanese Yen Sink as Dow Jones Soars on Virus Easing Bets

The US Dollar and Japanese Yen fell as coronavirus cases seemed to stabilize in the US and Europe. The Dow Jones and S&P 500 soared. Local policymakers also hinted at more stimulus.

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

Dow, S&P 500, Nasdaq 100 Pop to Fresh Three-Week-Highs

It was a brutal outing in March, but a different tone has so far shown in April.

from DailyFX - Market News https://ift.tt/2xSuWgo
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/2V5wz21
via IFTTT

AUD/USD Price Outlook: Virus Optimism Boosts Australian Dollar

Spot AUD/USD price action climbed over 100-pips during Monday’s trading session as risk appetite and the Australian Dollar recover, but will technical resistance thwart the rebound?

from DailyFX - Market News https://ift.tt/2UPE7Y2
via IFTTT

British Pound Drops Abruptly After News Prime Minister Moved to Intensive Care

News broke in the afternoon that United Kingdom’s Prime Minister, Boris Johnson was admitted to the intensive care unit as precautionary measure as his coronavirus symptoms worsened. GBPUSD reacted...

from DailyFX - Market News https://ift.tt/2UMgak3
via IFTTT

Dollar vs Mexican Peso Price Outlook: USD/MXN Fails at Key Resistance

Peso has plunged 23% YTD with the USD/MXN breakout taking price into resistance at fresh record highs. Here are the levels that matter on the weekly technical chart.

from DailyFX - Market News https://ift.tt/3c25uE1
via IFTTT

Gold Price Ascends as Stimulus Continues, March High Now in Focus

Gold has edged higher to start the week as central banks and governments continue to pump liquidity into the global economy. In turn, the metal’s March highs around $1,704 are within reach.

from DailyFX - Market News https://ift.tt/2Xc9n4Y
via IFTTT

Canadian Dollar Forecast: USD/CAD Consolidates, Big Move Ahead?

USD/CAD edges lower after surging more than 5% last month. As the US Dollar breakout takes a breather, can the Canadian Dollar extend its recovery or is USD/CAD price action headed back higher?

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

US Dollar Rises, Wall Street Falls. Oil Prices Surges, CAD Gains: Week Ahead

Wall Street edged cautiously lower last week as volatility cooled. The US Dollar soared. Crude oil prices surged in hopes of key output reduction bets, boosting the Canadian Dollar. The onslaught o...

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

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

Sterling (GBP) is pushing higher despite fears over the health of UK PM Boris Johnson who was admitted to hospital on Sunday with ongoing coronavirus symptoms.

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

Euro Latest: Eurozone Sentiment Crashes to All-Time Low, EUR/USD Unfazed

Eurozone Sentix Survey crashes to an all-time low as the Eurozone faces a sharp recession. EUR/USD unfazed however.

from DailyFX - Market News https://ift.tt/3bYiE4T
via IFTTT

British Pound (GBP) Latest: GBP/USD Stable Despite UK PM Fears, FTSE 100 Rallies

GBP/USD has picked up from its earlier lows, weighed on by news that UK PM Boris Johnson was hospitalized on Sunday with ongoing coronavirus symptoms.

from DailyFX - Market News https://ift.tt/2JEdcI6
via IFTTT

Crude Oil Prices Rise As Hopes Endure For Russia, Saudi Deal

Crude oil prices made gains in Monday’s Asian session as it seems likely that Saudi Arabia and Russia may be closer on production cuts than they have appeared

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

EUR/USD May Fall on Eurozone Consumer Confidence Data

The Euro may face selling pressure if Eurozone confidence data underscores deteriorating sentiment in the region as the prospect of a deep recession increases.

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

Gold Price Rebound Still in Focus as Fed Relies on Non-Standard Tools

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/2xUvEK8
via IFTTT

NZD/USD Rate Outlook Mired by Dovish RBNZ Forward Guidance

NZD/USD may continue to give back the rebound from the yearly low (0.5469) as a bear flag formation unfolds, while the RBNZ endorses a dovish forward guidance.

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

US Dollar Back on the Offensive? USD/SGD, USD/PHP, USD/MYR, USD/IDR

The US Dollar appears to be back on the offensive against ASEAN FX such as the Singapore Dollar and Malaysian Ringgit. The Philippine Peso gained. What does USD face from here?

from DailyFX - Market News https://ift.tt/34b4FGb
via IFTTT

Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts

The Euro and crude oil prices will be at the mercy of ongoing OPEC+ and Eurozone negotiations as members from each respective group attempt to reach a consensus on policy.

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