Stocks marched steadily higher throughout Monday’s trading session after futures opened noticeably in the red. The S&P 500 gained nearly 0.7% as the VIX ‘fear-gauge’ and US Dollar dropped.
from DailyFX - Market News https://ift.tt/2YpqUXG
via IFTTT
Monday, 22 June 2020
Australian Dollar Forecast: AUD/USD Price Stalls Near 2020 Peak
The Australian Dollar has recovered the entirety of the declines suffered during the coronavirus-selloff, but has since stalled near its 2020 peak. As sentiment swings, AUD/USD awaits a bullish con...
from DailyFX - Market News https://ift.tt/2V7AYSR
via IFTTT
from DailyFX - Market News https://ift.tt/2V7AYSR
via IFTTT
USD/CAD Price Outlook: Canadian Dollar Climbs with Crude Oil
USD/CAD price gets pressured lower to start the trading week as crude oil attempts to extend its recovery despite looming coronavirus second wave risk. Where is the Canadian Dollar headed next?
from DailyFX - Market News https://ift.tt/3eqKKXU
via IFTTT
from DailyFX - Market News https://ift.tt/3eqKKXU
via IFTTT
Macro Matters: USD Rising Wedge - Gold, Oil Flirt with Breakouts
As the US Dollar shows breakdown potential, both Gold and Oil prices look to be set up for possible bullish breakouts.
from DailyFX - Market News https://ift.tt/37S4IIT
via IFTTT
from DailyFX - Market News https://ift.tt/37S4IIT
via IFTTT
Weekly Crude Oil Forecast: Draining Storages Buoy Prices
Despite signs that the global economy’s recovery will be slower than previously anticipated, crude oil prices continue to rise on the back of dwindling supplies.
from DailyFX - Market News https://ift.tt/2zTTGGh
via IFTTT
from DailyFX - Market News https://ift.tt/2zTTGGh
via IFTTT
Markets Week Ahead: S&P 500, Dow Jones, Gold Prices, US Dollar, USD/MXN
Have financial markets avoided a resurgence in volatility? The road ahead for the S&P 500 and Dow Jones is clouded by rising virus cases. What will it take to break gold out of range-bound trade? T...
from DailyFX - Market News https://ift.tt/3ejHrBT
via IFTTT
from DailyFX - Market News https://ift.tt/3ejHrBT
via IFTTT
GBP/USD, EUR/GBP and FTSE 100 Outlooks - UK Market Webinar
Sterling is struggling to regain Friday’s sharp losses and currently trades in a narrow band against a range of currencies. There is little data of note to excite or depress the British Pound this ...
from DailyFX - Market News https://ift.tt/2NwBl5z
via IFTTT
from DailyFX - Market News https://ift.tt/2NwBl5z
via IFTTT
British Pound (GBP) Latest: GBP/USD Slowly Moving Higher After Friday's Sell-Off
Sterling is trying to move off its three-week low against the US dollar but any upside looks limited without a fresh driver. Talk that the UK may soon relax the 2-metre rule may help to stabilize t...
from DailyFX - Market News https://ift.tt/3dkOWr2
via IFTTT
from DailyFX - Market News https://ift.tt/3dkOWr2
via IFTTT
Euro Perched at Key Support as US Dollar Looks to Make a Comeback
EUR perched at key support as the USD benefits from risk aversion. Could contraction in the Fed’s balance sheet fuel further downside for EUR/USD?
from DailyFX - Market News https://ift.tt/2V4dmPh
via IFTTT
from DailyFX - Market News https://ift.tt/2V4dmPh
via IFTTT
Sunday, 21 June 2020
Crude Oil Prices Up with Stocks But Covid-19 Fears May Cap Gains
Crude oil prices are threatening monthly highs as market sentiment recovers but fears of another large wave of Covid-19 cases may limit scope for gains.
from DailyFX - Market News https://ift.tt/3dhJJQE
via IFTTT
from DailyFX - Market News https://ift.tt/3dhJJQE
via IFTTT
Gold Price Approaches 2020 High as Fed Balance Sheet Contracts
The price of gold approaches the yearly high ($1765) as the Federal Reserve’s balance sheet contracts for the first time since the outbreak of COVID-19.
from DailyFX - Market News https://ift.tt/3dmzSZV
via IFTTT
from DailyFX - Market News https://ift.tt/3dmzSZV
via IFTTT
APAC Stocks Walk a Tightrope as Investors Eye Virus Resurgence
Asia-Pacific stocks rebounded after opening the week on a sour note but rising concerns about a second virial wave in the US threatens the prospect of an economic recovery and risk sentiment.
from DailyFX - Market News https://ift.tt/37ODgeV
via IFTTT
from DailyFX - Market News https://ift.tt/37ODgeV
via IFTTT
US Dollar Outlook Eyes Virus Spikes: USD/SGD, USD/IDR, USD/PHP, USD/MYR
The US Dollar could appreciate as investors fear rising cases of the coronavirus. Will this propel USD/SGD, USD/IDR, USD/PHP and USD/MYR higher on average?
from DailyFX - Market News https://ift.tt/3do7u9A
via IFTTT
from DailyFX - Market News https://ift.tt/3do7u9A
via IFTTT
AUD/USD Rate Rebounds Even as RBA Jawbones Australian Dollar
AUD/USD fills the gap from the start of the week even though Reserve Bank of Australia (RBA) Governor Philip Lowe jawbones the Australian Dollar.
from DailyFX - Market News https://ift.tt/2zRO4fP
via IFTTT
from DailyFX - Market News https://ift.tt/2zRO4fP
via IFTTT
New Zealand Dollar Struggles Continue as RBNZ Comes Into Focus
The New Zealand Dollar is at risk of breaking down against its major counterparts as investors look forward to the upcoming RBNZ meeting.
from DailyFX - Market News https://ift.tt/2V3Euhl
via IFTTT
from DailyFX - Market News https://ift.tt/2V3Euhl
via IFTTT
Markets Week Ahead: S&P 500, Dow Jones, Gold Prices, US Dollar, USD/MXN
Have financial markets avoided a resurgence in volatility? The road ahead for the S&P 500 and Dow Jones is clouded by rising virus cases. What will it take to break gold out of range-bound trade? T...
from DailyFX - Market News https://ift.tt/3fOxPzd
via IFTTT
from DailyFX - Market News https://ift.tt/3fOxPzd
via IFTTT
Nasdaq 100, DAX 30 & FTSE 100 Forecasts for the Week
Stocks have stalled near their recent peaks as market participants wrestle with accommodative monetary policy and the threat of a second coronavirus wave. Can stocks continue higher?
from DailyFX - Market News https://ift.tt/3dnAOgB
via IFTTT
from DailyFX - Market News https://ift.tt/3dnAOgB
via IFTTT
Saturday, 20 June 2020
USD/MXN Outlook: Recent Correction Makes the Peso Attractive
As markets continue to monitor Covid-19 cases, the Mexican Peso is able to contain some of the losses
from DailyFX - Market News https://ift.tt/2Ylt22x
via IFTTT
from DailyFX - Market News https://ift.tt/2Ylt22x
via IFTTT
Euro Forecast: Outlook for EUR/USD Negative on Second Wave Fears
Fears of a second wave of coronavirus infections as countries ease their lockdown measures will likely keep investors cautious in the week ahead, damaging sentiment towards currencies such as the E...
from DailyFX - Market News https://ift.tt/2NhQ5oK
via IFTTT
from DailyFX - Market News https://ift.tt/2NhQ5oK
via IFTTT
Gold Price Outlook, What Can Break the Trading Range?
Gold prices have been struggling to find direction - why? Will a shockwave that sinks the Dow Jones and S&P 500 make itself known? That is a key risk for XAU/USD.
from DailyFX - Market News https://ift.tt/2CnHajb
via IFTTT
from DailyFX - Market News https://ift.tt/2CnHajb
via IFTTT
Subscribe to:
Comments (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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...