Recent weakness exhibited by spot GBP/USD price action has gained pace over the last few trading sessions and pushes the Pound Sterling to a 5-week low against its US Dollar peer, but will support ...
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Thursday, 14 May 2020
Dow Jones, Nasdaq 100, S&P 500 Forecast: Is the Rally Unfounded?
The Dow Jones and S&P 500 have slowed their recovery rally in recent days while the Nasdaq 100, fueled by large tech stocks, has pressed higher. Is this sustainable or is the rally unfounded?
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Bitcoin Price Analysis: BTC Back Towards 10k, Can Bulls Break Through?
It's been a wild past two months in Bitcoin and now bulls are met with heavy resistance and considerable motive.
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USDMXN Drops on Bank of Mexico Rate Cut
The Bank of Mexico slashed its overnight rate to 5.50% from 6.00%, as expected. USDMXN price action moved lower on Peso strength
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US Dollar on the Rise with FX Volatility; Sentiment Souring?
The US Dollar extends higher after Fed Chair Powell pushed back on the prospect of negative interest rates, which seems to have corresponded with an uptick in volatility and downshift in risk appet...
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Euro Stoxx 50, IBEX-35 Price Outlook: Bulls Retreat as Virus Risks Resurface
European stocks move lower this week as coronavirus risks reemerge on worries that the economy may have to endure a longer than previously thought shutdown
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S&P 500 Outlook: US-China Tensions Puts S&P 500 at Risk of a Breakdown
Key levels to watch for the S&P 500. US-China tensions add to concoction of bearish catalysts.
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Euro Latest - EURUSD Continues to Press Down on Support
The Euro remains under pressure against the US dollar after Fed Chair Jerome Powell closed the door on negative interest rates in the US, boosting the value of the greenback.
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Crude Oil Outlook - CFTC Advises Vigilance Over Possible Negative Pricing
The US Commodity Futures Trading Commission has sent out an advisory notice to exchanges warning that the price of WTI crude futures could turn negative again as the June expiry date nears.
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British Pound (GBP) Latest: GBP/USD to Drop to April Low?
GBP/USD is in danger of falling to the low at 1.2166 reached on April 6 as concerns about a second wave of coronavirus infections drive traders towards safe havens such as the US Dollar.
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US Dollar May Rise on Jobless Data as Fed Warns of Long-Term Impact
The US Dollar may rise if demand for liquidity in times of unprecedented uncertainty is amplified after US jobless data is published following Fed Chairman Jerome Powell’s warning.
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Wednesday, 13 May 2020
Gold Prices Slip Back After Early Gains On Hopes For US Stimulus
Gold prices couldn’t hang on to early gains made as the US Federal Reserve Chairman reminded markets that they could be facing the worst economic downturn since World War Two.
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NZD/USD Levels to Watch as RBNZ Expands Large Scale Asset Purchases
NZD/USD may continue to give back the advance from the April low (0.5843) as the Reserve Bank of New Zealand (RBNZ) expands its Large Scale Asset Purchase (LSAP) program.
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Australian Dollar Stumbles As Covid Sees 594,000 Jobs Lost In April
The Australian Dollar was braced for terrible employment news, and duly got it. More jobs were lost than expected last month although the unemployment rate did not rise as sharply as had been feared.
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EUR/USD Rebound Fizzles as Fed Chairman Powell Tames Bets for NIRP
EUR/USD may trade within a more defined range in the days ahead as Federal Reserve Chairman Jerome Powell tames speculation for a negative interest rate policy (NIRP).
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S&P 500 at Tipping Point? Fed Chair Powell Crushed Negative Rate Bets
The S&P 500 may be facing a tipping point as Fed Chair Jerome Powell struck down negative rate expectations. This could leave the Australian Dollar at risk as it follows Wall Street.
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US Dollar, VIX Index Pop as S&P 500 Price Plummets Post-Powell
Fed Chair Powell echoed opposition to negative interest rates and highlighted the lasting damage faced by the global economy due to the coronavirus, which boosted the US Dollar and VIX Index but pu...
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Euro Stoxx 50, IBEX-35 Price Outlook: Bulls Retreat as Virus Risks Resurface
European stocks move lower this week as coronavirus risks reemerge on worries that the economy may have to endure a longer than previously thought shutdown
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DAX 30 Forecast: Index Threatens Range Break Out, Awaits GDP
The DAX 30 has traded sideways since early April, establishing little progress in either direction. Trading near the topside of its range, can the index break out?
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Dow, S&P Continue Pullback - Are Bears Brewing for Another Push?
US equities have struggled this week after a really strong seven-week stretch. Are bears making a reappearance or is this a mere pullback in a bullish trend?
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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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....