Brexit Latest: EU's Barnier Signals Disappointment - US Market Open

A relatively lacklustre end to the week with European equities under pressure. Narrow ranges across FX pairs.

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

Brexit Latest: EU's Barnier Signals Disappointment - US Market Open, Brexit Talks

A relatively lacklustre end to the week with European equities under pressure. Narrow ranges across FX pairs.

from DailyFX - Market News https://ift.tt/2S4iqlf
via IFTTT

EUR/USD, USD/CAD, USDJPY & More: USD Charts for Next Week

The Euro is in danger of a significant breakdown, the Canadian dollar is in limbo, while the Yen contracting price points to a breakout soon.

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

Australian Dollar Forecast: Key AUD/USD Levels to Watch For the Week Ahead

Upside momentum beginning to wane. AUD/USD turnaround would need confirmation from pullback in risks sentiment.

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

British Pound (GBP) Latest: GBP/USD Slides Against a Powerful US Dollar

PM Boris Johnson is expected to return to No.10 on Monday as expectations mount that a phased exit from lockdown measures may be announced soon. The FTSE 100 remains rangebound while Sterling is lo...

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

Euro May Fall on German IFO Data After Dismal PMI Cascade

The Euro may extend its decline versus the US Dollar if German IFO data amplifies a selloff in EUR/USD after the Eurozone, UK and US all printed alarming PMI figures.

from DailyFX - Market News https://ift.tt/2xXX3uX
via IFTTT

Crude Oil Prices Up Despite Covid-19 Demand Hit. Production Cuts Eyed

The crude oil markets has seen some fightback as investors hope more producing regions will respond to collapsing demand with much reduced supply.

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

Indian Rupee Gains But US Dollar May Rise as Nifty 50 Eyes Virus Risk

Indian Rupee gains on the RBI’s operation twist may be short lived if the haven-linked US Dollar rises as the virus lockdown persists. The Nifty 50 trades within a bearish formation.

from DailyFX - Market News https://ift.tt/352jaN1
via IFTTT

Gold Prices May Stay High as 2008 Crisis Cure Bedevils Covid-19 Policy

Gold prices well-supported as keeping interest rates ultra-low in response to the 2008 global financial crisis proves problematic for fighting the next one, the coronavirus outbreak.

from DailyFX - Market News https://ift.tt/2JW5U2G
via IFTTT

USD/MXN Achieves Bullish Breakout, USD/ZAR Tests New Highs

USD/MXN may be on the verge of a bullish spike after it broke a key technical level in a short-term continuation pattern as USD/ZAR tests new highs.

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

USD/CAD Rate Breakout Flops Ahead of April High

USD/CAD may trade within a more defined range over the remainder of the month amid the failed attempt to test the April high (1.4298).

from DailyFX - Market News https://ift.tt/2KH7Bl3
via IFTTT

Australian Dollar Stalled as Gilead Virus Drug Trial Disappointed

The Australian Dollar stalled as AUD/USD got caught in resistance after Gilead Sciences coronavirus drug trial disappointed. S&P 500 futures are pointing lower into Friday trade.

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

Dow Jones Technical Forecast for the Week Ahead

The Dow Jones lags the Nasdaq and S&P 500 but has climbed nevertheless. If risk appetite continues in the week ahead, the Industrial Average may have to negotiate multiple barriers overhead.

from DailyFX - Market News https://ift.tt/2VS0AD5
via IFTTT

Australian Dollar Price Analysis: Can AUD/USD Bulls Take on .6500?

AUD/USD has rallied by more than 800 pips in a little more than a month, coming in stark contrast to the bearish theme that had built in Aussie in Q1.

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

Euro Forecast: EUR/USD Plunges Below 1.08 as EU Summit Flops

EUR/USD price action spikes lower as the Euro comes under heightened selling pressure in late Thursday trade after EU leaders fail to agree on much needed coronavirus stimulus measures.

from DailyFX - Market News https://ift.tt/2VuB081
via IFTTT

US Dollar Unphased by Weak US PMI Figures

US PMI figures from Markit crossed the wires Thursday morning showing a sharp drop in activity for the US manufacturing and services sectors amid the current COVID-19 pandemic

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

EUR/CHF Testing Most Important Level in Currency Markets - US Market Open

Eurozone PMIs plummet, EUR/CHF tests 1.05, Oil pushes higher.

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

US Dollar (USD) Uptrend Continues - Beware of Upcoming PMI, Jobs Data

The US dollar is pushing higher on continued investor appetite but data out later today in the US may dampen hunger for the greenback.

from DailyFX - Market News https://ift.tt/3aCppZ6
via IFTTT

EUR/USD Drops as Eurozone PMI Crash Signals Severe Recession

Flash Eurozone PMI signals severe recession in the Euro Area, eyes on EU summit for fiscal response.

from DailyFX - Market News https://ift.tt/2S2sI5b
via IFTTT

British Pound (GBP) Latest: GBP/USD Near-Term Outlook Worsens

The prospects for Sterling have deteriorated after news of a huge sale of UK government bonds, and economic data showing higher than expected UK government borrowing.

from DailyFX - Market News https://ift.tt/2S10Kqo
via IFTTT