Sunday, 5 July 2020

How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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Saturday, 4 July 2020

Sterling (GBP) Remains On Edge as EU/UK Trade Talks Continue

This week’s face-to-face trade talks between the EU and the UK have so far produced little in the way of any news. Sterling’s fate remains in the hands of the two negotiators.

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Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

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How to Trade the Euro, NOK and SEK Using the Core-Perimeter Model

A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model

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Euro Forecast: Outlook for EUR/USD Negative Longer Term

The European Council President is expected this coming week to propose a marginally smaller seven-year EU budget but wrangling between EU countries will likely continue, leading to a weaker Euro in...

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Canadian Dollar Trading: US Economic Growth Takes Center Stage

A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.

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Core-Perimeter Trading Model: US, Eurozone & China

The Core-Perimeter framework allows traders to understand the macro-fundamental interactions between powerhouse economies and their perimeter counterparts, offering valuable insight on how to trade...

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Japanese Yen Q3 Fundamental Outlook, Dow Jones and S&P 500 Eyed

The anti-risk Japanese Yen remains glued to the direction of the Dow Jones and S&P 500 benchmarks for Wall Street. What does the road ahead look like for JPY in the third quarter?

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Friday, 3 July 2020

The New DAX Decade: The Past, Present and Future of the DAX 30

The DAX Index, which tracks the top 30 companies in Germany, is one of the most important and respected indicators of the world's economic health. DailyFX's DAX definitive guide is here to help you...

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Stock Market Third Quarter Forecast: Covid Concerns & Fed Policy to Clash

Equity markets endured significant volatility last quarter even as they staged a remarkable recovery, but many of the same themes behind the initial crash exist heading into the third quarter.

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Dollar as a Safe Haven or Source of Global Instability?

The US Dollar is the traditional safe haven currency – a boon when global risk is shaken by a pandemic. And yet, that role is not inviolable. With a swell in COVID cases in the US, trade sparks rek...

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USD/MXN Continues to Slide Lower as Supportive Moving Averages Break

The Mexican Peso continues to gain in the short-term against the US dollar and the pair now near a cluster of supportive lows.

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British Pound (GBP) Latest: EU/UK Trade Disagreements Continue to Cap Sterling

The latest round of EU/UK trade talks broke up a day early yesterday with both sides noting significant differences on a range of topics, leaving Sterling adrift as we head into the weekend.

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EUR/USD, S&P 500 Stock Index May Fall on Fed Balance Sheet Contraction

EUR/USD and the S&P 500 stock market index may fall as the Federal Reserve’s balance sheet contracts for the third consecutive week.

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Crude Oil Prices Shrug Off US Jobs Data as Topping Signs Remain

Crude oil prices found little lasting impact from better-than-expected US jobs data, with technical positioning warning that a top may be taking shape.

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Thursday, 2 July 2020

Gold Price Retains Bullish Behavior in July to Mark Fresh 2020 High

Current market conditions may keep the price of gold afloat as bullion trades to a fresh yearly high ($1789) in July.

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AUD/JPY, EUR/JPY, GBP/JPY Levels to Watch As Risk Appetite Returns

The Japanese Yen may continue its decline as AUD/JPY and EUR/JPY seem poised to move higher. GBP/JPY proving to be the laggard, struggling at key resistance.

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Hang Seng Index Jumps to 25,000 as Shanghai Composite Breaks 3,000

With surging volume, both Hong Kong’s Hang Seng Index and mainland China’s Shanghai Composite soared more than 2% yesterday, challenging key resistance levels.

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AUD/USD Rate Approaches 2020 High Ahead of RBA Rate Decision

AUD/USD may continue to approach the 2020 high (0.7064) ahead of the RBA rate decision on July 7 as the central bank is widely expected to retain the current policy.

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NZD/JPY May Fall as US-China Tensions Escalate Over Hong Kong

NZD/JPY is on the cusp of trend-defining resistance, but US-China tension over Hong Kong could spoil risk appetite and cause the pair to back off from its bold endeavor.

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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...