British Pound Latest (GBP) - GBP/USD Eyes Fed Powell, EUR/GBP Upside Risks

The Pound is slightly better bid this morning despite negative EU-UK trade headlines. All eyes on Powell.

from DailyFX - Market News https://ift.tt/3bcCnPb
via IFTTT

USD/JPY Recovery at Risk as Jackson Hole Symposium Takes Centre Stage

The USD/JPY exchange rate may erase ground gained as investors' focus turns to the Federal Reserve’s annual Jackson Hole Symposium

from DailyFX - Market News https://ift.tt/31xcsyg
via IFTTT

AUD/USD Unfazed by Asia/Pacific Data with Fed Symposium on Tap

The Australian Dollar may continue to outperform its US counterpart if the Fed Economic Symposium foreshadows more of the same for the next rate decision on September 16.

from DailyFX - Market News https://ift.tt/3hyXKMS
via IFTTT

Canadian Dollar Outlook: CAD/JPY, CAD/CHF, USD/CAD Levels to Watch

The Canadian Dollar may rise as USD/CAD rates eye fresh monthly lows and CAD/JPY bursts out of a bullish chart pattern.

from DailyFX - Market News https://ift.tt/31x2qNJ
via IFTTT

Nikkei 225, Hang Seng Defensive Before Powell Speech. Nifty 50 Up

The Nikkei 225 may rise as the Hang Seng index opens mildly higher following strong leads from the Wall Street. Markets displayed a defensive pattern ahead of Powell’s speech tonight.

from DailyFX - Market News https://ift.tt/3aWVyfC
via IFTTT

USD/CAD Under Pressure as BoC Highlights Limits of Monetary Policy

USD/CAD tags a fresh monthly low (1.3132) as Bank of Canada (BoC) Senior Deputy Governor Wilkins highlights the “limits of monetary policy to solving all problems.”

from DailyFX - Market News https://ift.tt/3gsQ7pH
via IFTTT

S&P 500 at Risk Before Jackson Hole As Trump-Biden Poll Spread Narrows?

The S&P 500 has recorded another new high, but is there a risk of a reversal ahead of the Jackson Hole symposium and political volatility from a narrowing Trump-Biden poll spread?

from DailyFX - Market News https://ift.tt/3liMer8
via IFTTT

Dow Jones Forecast: Apple Stock Split Prompts Major DJIA Changes

An Apple stock split set to take place on August 31 has sparked a shake-up in the Dow Jones Industrial Average as three stocks are set to turnover.

from DailyFX - Market News https://ift.tt/31tUzQY
via IFTTT

USD Price Outlook: US Dollar Awaits Powell Speech at Jackson Hole

US Dollar bulls have struggled to sustain a bid over the last two trading sessions as USD price action searches for direction while traders await Fed Chair Powell at the Jackson Hole Symposium.

from DailyFX - Market News https://ift.tt/3gB56hs
via IFTTT

Silver Forecast: XAG Stages Breakout, but Can Bulls Drive the Trend?

It had been a big summer for precious metals - until August rolled around. But as the month nears end, Silver bulls are showing a stronger hand.

from DailyFX - Market News https://ift.tt/3gEzKGZ
via IFTTT

DAX 30 Price Outlook: German Index Ponders Technical Break Out

The DAX 30 is testing the limits of its current technical pattern but summer conditions may make it hard for the German equity index to post a move with significant follow-through.

from DailyFX - Market News https://ift.tt/3jtZcRl
via IFTTT

Fed Symposium Preview: Jackson Hole to Fuel Market Volatility

US Dollar, Dow Jones and gold price volatility could accelerate later this week due to high-impact event risk surrounding an economic policy symposium hosted by the Federal Reserve at Jackson Hole.

from DailyFX - Market News https://ift.tt/31u622J
via IFTTT

USD/CAD Update: Loonie Consolidation Ahead of BoC Wilkins Speech

The Canadian Loonie has consolidated over the short term. Is this reflective of the early stages of a trend reversal or a simple pause before trend continuation?

from DailyFX - Market News https://ift.tt/3aYscgN
via IFTTT

Japanese Yen Volatility Rises on Jackson Hole and Abe Speculation

The main focus is on tomorrow’s Jackson Hole summit, however, JPY markets have been eying Abe exit speculation.

from DailyFX - Market News https://ift.tt/3lhHXEl
via IFTTT

Crude Oil Prices May Struggle to Extend Rise on Hurricane Jitters

Crude oil prices rose as Hurricane Laura menaced the US Gulf Coast but progress may stall as all eyes turn to Thursday’s speeches from Fed Chair Powell and US President Trump.

from DailyFX - Market News https://ift.tt/3jkdsvx
via IFTTT

British Pound (GBP) Latest: Sterling Retains a Bid as Jackson Hole Symposium Comes Into View

Sterling is stuck in a holding pattern and with little data of note today Fed chair Jerome Powell’s speech at the Jackson Hole Symposium tomorrow is the next potential trigger point.

from DailyFX - Market News https://ift.tt/31tIZ8n
via IFTTT

Dow Jones Industrial Average May Fall as the VIX Bounces Off Post-Crisis Low

The Dow Jones Industrial Average is at risk of extended declines as the Volatility Index (VIX) bounces off its post-crisis low.

from DailyFX - Market News https://ift.tt/3aWifAw
via IFTTT

EUR/USD Outlook: August Low on Radar as RSI Tracks Downward Trend

EUR/USD may continue to give back the advance from the August low (1.1696) as long as the RSI retains the downward trend established earlier this month.

from DailyFX - Market News https://ift.tt/3jfYQNO
via IFTTT

Nasdaq 100 Soars, but Asia-Pacific Stocks Fail to Catch Up. Gold Rises

The Nasdaq Composite climbed 0.76% to 11,466, extending its upward trajectory to a record high. Asia-Pacific stocks, however, failed to catch up with the rally. Gold prices rose.

from DailyFX - Market News https://ift.tt/34wf15C
via IFTTT

Gold Price Outlook: XAU/USD Coiling Up Ahead of Jackson Hole Symposium

Gold prices may regain lost ground in the coming days as bullish chart patterns begin to materialize on multiple timeframes.

from DailyFX - Market News https://ift.tt/3lcy3no
via IFTTT