Gold prices tumbled as the Dow Jones rose on rising confidence in the global economic outlook, leaving the US Dollar under pressure still. With US-China trade talks postponed, all eyes turn to US r...
from DailyFX - Market News https://ift.tt/32bT5dp
via IFTTT
Sunday, 16 August 2020
Dow Jones Faces Pressure as Inflation Bets with the US Dollar
The Dow Jones Industrial Average may face increasing selling pressure after the stock index moved back to the pre-Covid levels. A rising inflation outlook may lead to a less-dovish Fed and thus a s...
from DailyFX - Market News https://ift.tt/3iDPtay
via IFTTT
from DailyFX - Market News https://ift.tt/3iDPtay
via IFTTT
Saturday, 15 August 2020
USD/MXN Week Ahead: Is The Upside In The Mexican Peso Sustainable?
USD/MXN breaks below downtrend support as Banxico cuts rates to help restart the economy
from DailyFX - Market News https://ift.tt/3atDDwD
via IFTTT
from DailyFX - Market News https://ift.tt/3atDDwD
via IFTTT
Euro May Rise if Q2 GDP and PMI Data Reinforce Recovery Hopes
The Euro may rise if preliminary Q2 GDP data and PMI statistics shows a brighter than-expected-picture and kindle hopes of a smoother recovery.
from DailyFX - Market News https://ift.tt/31OOTQg
via IFTTT
from DailyFX - Market News https://ift.tt/31OOTQg
via IFTTT
Gold Price Outlook: Will XAU/USD Brush off Worst Week in 5 Months?
Gold prices suffered the worst week in 5 months, is this the beginning of a new trend? The short-term outlook still seems to favor the upside on cheap global borrowing costs.
from DailyFX - Market News https://ift.tt/31MXPWw
via IFTTT
from DailyFX - Market News https://ift.tt/31MXPWw
via IFTTT
US Dollar Price Forecast: Stimulus Deadlock, China Row Boost USD
The US Dollar may rise, buoyed by haven demand as fiscal stimulus talks stagnate and swelling tensions between Washington and Beijing sink trade talks.
from DailyFX - Market News https://ift.tt/2PVrTda
via IFTTT
from DailyFX - Market News https://ift.tt/2PVrTda
via IFTTT
Friday, 14 August 2020
Crude Oil Weekly Outlook: Crude Oil Stalls Ahead of OPEC Meeting
Upside in Crude Oil struggling ahead of OPEC meeting. Cartel likely to maintain wait and see approach.
from DailyFX - Market News https://ift.tt/3ang34T
via IFTTT
from DailyFX - Market News https://ift.tt/3ang34T
via IFTTT
AUD Forecast: Australian Dollar Vulnerable as Complacency Builds
The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. Bulls may continue steering AUD price action higher, but the Aussie lies at risk of a bearish shift in mark...
from DailyFX - Market News https://ift.tt/3gZ9k3w
via IFTTT
from DailyFX - Market News https://ift.tt/3gZ9k3w
via IFTTT
Nasdaq 100 Index Falls on Consumer Sentiment Report
The University of Michigan's Consumer Sentiment report printed 72.8 on Friday morning, sending the Nasdaq 100 index lower as consumer expectations remain downbeat in the current economic landscape ...
from DailyFX - Market News https://ift.tt/33YGyfG
via IFTTT
from DailyFX - Market News https://ift.tt/33YGyfG
via IFTTT
GBP/USD, USDJPY & More – USD Charts For Next Week
The US Dollar continues to work on a sideways move in general that could lead to more weakness; USD/JPY bucking that trend while GBP/USD highlights it.
from DailyFX - Market News https://ift.tt/3gRDCVP
via IFTTT
from DailyFX - Market News https://ift.tt/3gRDCVP
via IFTTT
Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch
AUD/USD stalling, AUD/NZD makes key topside break on diverging monetary policy.
from DailyFX - Market News https://ift.tt/2Y0MFfU
via IFTTT
from DailyFX - Market News https://ift.tt/2Y0MFfU
via IFTTT
Euro Dollar Forecast: EUR/USD Price Action Awaits US Retail Figures
EUR/USD Tests Key Resistance Level Amid Retail Sales Data
from DailyFX - Market News https://ift.tt/3ixScSS
via IFTTT
from DailyFX - Market News https://ift.tt/3ixScSS
via IFTTT
British Pound Latest - Lockdown Measures Unwound, Brexit Common Ground, GBP/USD Bolstered
The UK government announced Thursday that lockdown measures will be unwound further this weekend in the next step to fully re-opening the economy.
from DailyFX - Market News https://ift.tt/2Y2fEzT
via IFTTT
from DailyFX - Market News https://ift.tt/2Y2fEzT
via IFTTT
USD/JPY Rate May Fall on Disappointing US Retail Sales Data
The USD/JPY exchange rate at risk of a near-term pull back should US retail sales for July disappoint market participants.
from DailyFX - Market News https://ift.tt/3iFVB1Q
via IFTTT
from DailyFX - Market News https://ift.tt/3iFVB1Q
via IFTTT
Thursday, 13 August 2020
Crude Oil Prices Brace for Impact with US-Iran Tensions Brewing
Crude oil prices may rise if renewed US-Iran tensions stoke supply-disruptions fears – but will that be enough to sustainably offset OPEC disengagement and push Brent higher?
from DailyFX - Market News https://ift.tt/3kLGxl6
via IFTTT
from DailyFX - Market News https://ift.tt/3kLGxl6
via IFTTT
Australian Dollar Outlook Eyes S&P 500, Retail Sales After Chinese Data
The Australian Dollar is eyeing how the S&P 500 reacts to US retail sales after Chinese equivalent ones were released. Beyond that, AUD/USD could be at risk to US-China trade talks.
from DailyFX - Market News https://ift.tt/3iCxCRg
via IFTTT
from DailyFX - Market News https://ift.tt/3iCxCRg
via IFTTT
Dow Jones Hits Key Resistance, Nikkei 225 Clears its Own. Dax 30 Ranges
The Dow Jones Industrial Average tested a key resistance at 28,000 but failed to break through. Germany’s Dax fell 0.5% to just below 13,000.
from DailyFX - Market News https://ift.tt/2FnbOea
via IFTTT
from DailyFX - Market News https://ift.tt/2FnbOea
via IFTTT
AUD Cautiously Eyes Chinese Data Ahead of Sino-US Trade Talks
The Australian Dollar will be anxiously waiting for the release of Chinese economic data, but its excitement may be curbed by traders looking to upcoming Sino-US trade talks.
from DailyFX - Market News https://ift.tt/341CMSL
via IFTTT
from DailyFX - Market News https://ift.tt/341CMSL
via IFTTT
USD/JPY Price Analysis: Dollar-Yen Shorts Surge, Yields Eyed
The US Dollar has climbed against its Japanese Yen peer over the last few trading sessions with spot USD/JPY rates rising more than 100-pips month-to-date, but some FX traders expect a reversal.
from DailyFX - Market News https://ift.tt/3auYU9u
via IFTTT
from DailyFX - Market News https://ift.tt/3auYU9u
via IFTTT
Canadian Dollar Forecast: USD/CAD Slips, NZD/CAD Threatens Breakdown
The Canadian Dollar has been on a tear this week, staging rallies against the US Dollar and the New Zealand Dollar alike. Will critical breakdowns allow losses to accelerate?
from DailyFX - Market News https://ift.tt/2DQ1oTR
via IFTTT
from DailyFX - Market News https://ift.tt/2DQ1oTR
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
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....