Monday, 28 September 2020

Dow Jones Climbs on Stimulus Hopes, ASX 200 and Nikkei 225 Advance

Dow Jones Industrial Average surged for a second day on fiscal stimulus hopes. The US Dollar fell alongside VIX volatility index. Asia-Pacific equities opened broadly higher.

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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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Euro Forecast: Failed Breakouts or False Breakdowns? Levels for EUR/JPY & EUR/USD

As the DXY Index has clawed back gains in recent weeks, EUR/USD rates have slid back. Their fates remain intertwined.

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AUD/USD to Stage Larger Rebound as RSI Reverses from Oversold Zone

AUD/USD looks poised to extend the rebound from the monthly low (0.7006) as the Relative Strength Index (RSI) appears to be reversing from oversold territory.

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S&P 500 Surges on Fiscal Stimulus Hopes Ahead of Presidential Debate

The S&P 500 surged after optimism about bipartisan stimulus talks crossed the wires and revived sentiment just less than 36 hours ahead of the first presidential debate.

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XAU/USD: Gold Price Attempts to Base as US Dollar Peels Back

Gold prices advanced about 1% on Monday as precious metals aim to stabilize after falling sharply last week. XAU/USD likely recovered lost ground owing to a broad pullback in the US Dollar fueled b...

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Why Did the Stock Market Rally Today? Nasdaq 100 Week Ahead

US equities began the week with a show of force as they surged higher on the back of broad market strength. That said, the Nasdaq 100 will have to weather upcoming data if it is to continue.

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Dow, Nasdaq Rally as USD Pulls Back to Start a Busy Week

It's a big week as the door closes to Q3 and opens to Q4, and we have a busy economic calendar to work with.

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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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Gold, Silver Price Forecast: Will 100-Day SMA Hold or Break?

Gold and silver prices are consolidating near their 100-Day Simple Moving Averages (SMAs) at US$ 1,870 and US$ 22.80 respectively. The US Dollar is closely eyed.

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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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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...