Silver Price Forecast: Potential Breakout Looming for Spot Silver

Silver seeks a fundamental catalyst to encourage a symmetrical triangle price breakout

from DailyFX - Market News https://ift.tt/3hko6B8
via IFTTT

Crude Oil Outlook Downbeat, Demand Concerns May Prompt OPEC Action

Outlook growing increasingly weak for oil prices as demand stalls. OPEC action will be in focus at JMMC.

from DailyFX - Market News https://ift.tt/2RbyDEd
via IFTTT

British Pound (GBP) Latest: Emergency Brexit Talks in Focus, GBP/USD Stabilizes

GBP/USD is holding its ground around the 1.30 level ahead of emergency Brexit talks to discuss a UK plan to amend its divorce treaty with the EU, potentially breaking international law.

from DailyFX - Market News https://ift.tt/33g1Gfj
via IFTTT

DAX 30 Index Could Slide Lower as ECB Rate Decision Shifts Into Focus

Germany’s benchmark DAX 30 index could slide lower if the European Central Bank maintains the status quo at its upcoming September meeting.

from DailyFX - Market News https://ift.tt/33g58qw
via IFTTT

AUD/USD Flips Ahead of 50-Day SMA Despite Break of Trendline Support

AUD/USD appears to be reversing course ahead of the 50-Day SMA (0.7149) as it quickly bounces back from a fresh monthly low (0.7192).

from DailyFX - Market News https://ift.tt/2Zlv9Ug
via IFTTT

JPY, USD May Rise on Risky Credit Markets as CLO ETF Debuts

The US Dollar and Japanese Yen may rise if fear about the precarious nature of risky credit instruments permeates market mood as the first CLO ETF debuts.

from DailyFX - Market News https://ift.tt/33dL7Ro
via IFTTT

US-China Tensions to Amplify Recent AUD/USD, S&P 500, Oil Volatility?

Volatility in the Australian Dollar, S&P 500 and crude oil prices has been on the rise as of late. Could a revival in US-China trade tensions amplify these movements?

from DailyFX - Market News https://ift.tt/32cAq22
via IFTTT

S&P 500 May Lead ASX 200 Higher, Gold Rebounds as US Dollar Falls

The S&P 500 surged as tech firms regained strength, which might lead Asia-Pacific stocks higher. Gold prices climbed as the US Dollar fell alongside the volatility (VIX) index.

from DailyFX - Market News https://ift.tt/2R7rgh8
via IFTTT

Australian Dollar Outlook Unfazed by Extended COVID-19 Restrictions

The Australian Dollar may rise despite the extension of economically-devastating Covid-19 restrictions in Victoria, Australia’s second most populous state.

from DailyFX - Market News https://ift.tt/3bJ42rd
via IFTTT

USD/CAD Rebound Stalls as BoC Sticks to Current Policy Tools

The recent rebound in USD/CAD appears to have stalled ahead of the March/June low (1.3315) as the Bank of Canada (BoC) sticks to the sidelines at the September meeting.

from DailyFX - Market News https://ift.tt/35s9Kwx
via IFTTT

EUR/USD to Reverse? Trump Call for US-China Decoupling Boosts Election Risks

EUR/USD may be on the verge of a major trend reversal as markets digest President Trump’s comments about US decoupling from China ahead of the presidential election.

from DailyFX - Market News https://ift.tt/2GDuu9Y
via IFTTT

US Dollar Outlook: EUR/USD Eyes ECB Meeting as AUD/USD Recoils

The US Dollar surrenders recent gains against key FX peers like the Euro and Australian Dollar as EUR/USD traders look toward an upcoming ECB rate decision while AUD/USD rebounds with market sentim...

from DailyFX - Market News https://ift.tt/2Fl3ons
via IFTTT

Nasdaq 100 Price Forecast: Is the Technology Rout Over?

Three days of weakness in the technology sector has seen the Nasdaq 100 forfeit considerable ground and fall through nearby support. As demand returns, has the worst of the rout passed?

from DailyFX - Market News https://ift.tt/2GEyxTu
via IFTTT

Canadian Dollar Price Forecast: USDCAD Pulls Back to Support post-BoC

This morning's Bank of Canada rate decision prodded the Canadian Dollar and USD/CAD has sunk down to a key zone of support for a crucial test.

from DailyFX - Market News https://ift.tt/2FhLOAX
via IFTTT

Kiwi Dollar Forecast: NZD/USD Showing Potential Signs of Exhaustion

NZD/USD has reversed off of a key weekly level amid recent USD strength and continued speculation of unconventional monetary policy tools available to the RBNZ

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

USD/CAD Gyrates on BoC Rate Decision

The Canadian Dollar gyrated as the Bank of Canada held its benchmark rate at 0.25% as the central bank continues its supportive stance following the COVID pandemic.

from DailyFX - Market News https://ift.tt/2Zp4AgW
via IFTTT

USD/ZAR Outlook: ZAR Remains Resilient Despite Dismal Economic Data

USD/ZAR Remains below key psychological level despite dismal GDP figures

from DailyFX - Market News https://ift.tt/32anEBi
via IFTTT

EUR/USD Nears a Fresh One-Month Low But Trade Remains Thin Ahead of ECB Meeting

The Euro (EUR) continues to press lower against the US dollar as traders wait for the latest ECB policy meeting and press conference.

from DailyFX - Market News https://ift.tt/3bS1NC1
via IFTTT

Crude Oil Prices Down to 3-Month Low on Fed Policy, Seasonal Turn

Crude oil prices have dropped to the lowest level in three months after the Fed adopted a more hands-off policy stance just as markets transitioned out of the ‘summer lull’.

from DailyFX - Market News https://ift.tt/329TLkC
via IFTTT

Canadian Dollar Forecast: USD/CAD, CAD/JPY Levels to Watch on BoC

Bank of Canada to maintain current stance. USD/CAD forms double bottom, CAD/JPY drops to key support.

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