Monday, 28 September 2020

USD/JPY Rebound Fades On Renewed Stimulus Optimism, Vaccine Progress

The USD/JPY exchange rate’s 5-day recovery from multi-month lows could fade in light of renewed stimulus optimism and Covid-19 vaccine progress.

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Sunday, 27 September 2020

US Dollar Rose, Capital Fled Emerging Markets. SGD, IDR, PHP, MYR at Risk?

The US Dollar soared against emerging market and ASEAN currencies as capital fled developing economies in a sign of rising concern about the global growth outlook. Will this continue?

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Gold Price Holds Steady as Fed Balance Sheet Approaches June Peak

The price of gold holds near the monthly low ($1849) as the Federal Reserve’s balance sheet widens for the second week to reach its highest level since June.

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GBP, USD Eye Brexit, Presidential Debate & Outlook for Stimulus Talks

The British Pound and US Dollar will be contending with the rising geopolitical risks of Brexit, US fiscal stimulus talks and the first presidential debate in a data-packed week.

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Japanese Yen Outlook: AUD/JPY, CAD/JPY, EUR/JPY Levels To Watch

The Japanese Yen’s 5% surge from the yearly low could prove to be a mere counter-trend correction as key chart resistance appears to have stifled topside potential.

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NZD/USD Analysis: Bearish Price Sequence Sputters Ahead of August Low

NZD/USD may consolidate going into October as the decline from the monthly high (0.6798) sputters ahead of the August low (0.6489).

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Nasdaq 100 Futures Extend Gains, Hang Seng and Nifty 50 May Rebound

Nasdaq 100 futures climb in early Asia hours after rising 2.26% on Friday, setting an upbeat tone for Asia-Pacific open. The US Dollar index retraces.

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AUD/USD Analysis Ahead of Presidential Debate, Supreme Court Nominee Battle

How will AUD/USD perform ahead of the first Biden-Trump presidential debate against the backdrop of the ongoing battle over the Supreme Court vacancy?

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AUD/USD Analysis Ahead of Presidential Debate, Supreme Court Nominee Battle

How will AUD/USD perform ahead of the first Biden-Trump presidential debate against the backdrop of the ongoing battle over the Supreme Court vacancy?

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AUD/USD Analysis Ahead of Presidential Debate, Supreme Court Nominee Battle

How will AUD/USD perform ahead of the first Biden-Trump presidential debate against the backdrop of the ongoing battle over the Supreme Court vacancy?

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Markets Week Ahead: US Dollar, Gold , Dow Jones, Sterling, US Stimulus, NFPs

The US Dollar soared as the Dow Jones and S&P 500 extended losses, gold prices fell. Investors may be growing increasingly impatient for further US fiscal stimulus. The British Pound faces more Bre...

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S&P 500 Price Forecast: US Presidential Election May Spook Volatility

The S&P 500 index may struggle with a consolidation in view of several headwinds. The US presidential election may cool risk appetite and spook volatility.

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Mexican Peso Fundamental Forecast: Banxico Tries to Aid Economic Recovery

USD/MXN pushes higher as a long-awaited correction in the US Dollar gets underway

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Saturday, 26 September 2020

Euro Forecast: EUR/USD Outlook Still Bearish But Bounce Due

EUR/USD fell sharply last week and there are few signs yet that the selling is over. However, a bounce is likely before the decline resumes

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Gold Price Outlook: Rising US Dollar Sinks XAU/USD, Will Losses Extend?

Anti-fiat gold prices suffered the worst week since August as the US Dollar gained ground. Will losses extend? All eyes turn to fiscal stimulus hopes and non-farm payrolls data.

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USD Volatility Ahead? Presidential Debate, Stimulus Talks & NFPs on Deck

The US Dollar will be bracing for a cascade of political risks including the first presidential debate, ongoing stimulus talks, the Supreme Court vacancy against the backdrop of key employment data.

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Friday, 25 September 2020

Oil Price Rebound Stalls Ahead of Monthly High with OPEC on Sidelines

The price of oil may continue to trade in a narrow range as the rebound from the September low ($36.13) appears to have stalled ahead of the month high ($43.43).

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Australian Dollar May Extend Fall Despite Easing Covid-19 Restrictions

The Australian Dollar may extend its slide lower despite the planned easing of Covid-19 restrictions, as the market continues to price in an RBA rate cut on October 6.

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GBP/USD Weekly Forecast: Cautious Optimism Signals a Brexit Deal is Near

GBP turbulence persists as investors eye the next round of EU-UK Brexit negotiations. Cautious optimism signals a deal is near.

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South African Rand Price Forecast: USD/ZAR Breakout Potential Brewing

South African Rand depreciates against major currencies but remains confined by trendline resistance

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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...