The economic shock from COVID-19 may continue to drag on the price of oil as the Great Lockdown disrupts global demand, with the crude surplus raising the cost of storage.
from DailyFX - Market News https://ift.tt/354oVtn
via IFTTT
Friday, 24 April 2020
VIX Crumbles as Crude Oil Volatility Ebbs, Complacency Builds
The VIX Index, or fear-gauge, is on pace to record its lowest close since March 05 as crude oil price volatility normalizes. Will the VIX keep bleeding lower or have markets turned complacent?
from DailyFX - Market News https://ift.tt/2yDLER5
via IFTTT
from DailyFX - Market News https://ift.tt/2yDLER5
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/2KwERez
via IFTTT
from DailyFX - Market News https://ift.tt/2KwERez
via IFTTT
Australian Dollar Faces Key CPI Data, Coronavirus Will Blunt Its Impact
The Australian Dollar market normally focuses laser-like on inflation data which comes only once a quarter. The coming set, however, will likely see its impact severely blunted.
from DailyFX - Market News https://ift.tt/2S1IJbK
via IFTTT
from DailyFX - Market News https://ift.tt/2S1IJbK
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/2KyIEbj
via IFTTT
from DailyFX - Market News https://ift.tt/2KyIEbj
via IFTTT
USD/BRL Volatility Surges on Moro Resignation
Brazil's Minister of Justice, Sergio Moro, resigned Friday as political turmoil in the country continues. The Real continued to underperform its emerging market peers.
from DailyFX - Market News https://ift.tt/3cKU9IF
via IFTTT
from DailyFX - Market News https://ift.tt/3cKU9IF
via IFTTT
Canadian Dollar Price Outlook: Loonie on Offense as Oil Stabilizes
Canadian Dollar is holding a well-defined range just above the April open into the close of the week. Here are the levels that matter on the USD/CAD technical charts.
from DailyFX - Market News https://ift.tt/2xYYnNY
via IFTTT
from DailyFX - Market News https://ift.tt/2xYYnNY
via IFTTT
Central Bank Watch: Carry Trade Yield Appeal Wiped Out for AUD, CAD & NZD
G10 currencies’ central banks are taking extraordinary measures to stem the economic fallout from the coronavirus pandemic.
from DailyFX - Market News https://ift.tt/2VUytmv
via IFTTT
from DailyFX - Market News https://ift.tt/2VUytmv
via IFTTT
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
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
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
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
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
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
from DailyFX - Market News https://ift.tt/2xXX3uX
via IFTTT
Thursday, 23 April 2020
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
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
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
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
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
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
from DailyFX - Market News https://ift.tt/2yzTtXP
via IFTTT
Subscribe to:
Posts (Atom)
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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...