Tuesday, 29 September 2020

Central Bank Watch: BOE, ECB, & Fed Rate Expectations; EUR/USD, GBP/USD, & USD/JPY Positioning Update

The ECB has seen rate cut odds creep forward, while BOE odds are unmoved by the latest Brexit headlines.

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US Dollar Price Forecast: USD Pulls Back as US Data Releases Begin

September has so far brought a bullish bump into the USD - but can it last through the next four days of high-impact data releases out of the US?

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GBP/USD, GBP/JPY, USD & More: Charts & Technical Analysis

Sterling looks vulnerable versus both USD and JPY, DXY pullback is taking price into support zone.

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How Does the Stock Market React to the First US Presidential Debate? - US Market Open

With all eyes on the First US Presidential Debate, here is how the stock market typically reacts.

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Market Sentiment Rally Lifts EUR, GBP, AUD, but Stocks Lag | Webinar

Trader confidence is rising in the FX market, benefiting ‘risk-on’ currency pairs like EUR/USD, GBP/USD and AUD/USD. However, there is less confidence in the stock markets.

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Japanese Yen Outlook: Key USD/JPY Levels Amid Month-end Rebalancing

USD/JPY and cross-yen faces upside risks in the short term amid month-end rebalancing.

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British Pound (GBP) Latest: Stronger all Round as Brexit Talks Resume

GBP/USD is firmer and many Sterling crosses are higher on a minor risk rally. That’s despite a lack of progress in the EU-UK talks on a post-Brexit trade deal.

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DAX 30 Index Rebound at Risk on Merkel's Warning, Covid-19 Second Wave

Germany’s DAX 30 index’s rebound may prove short-lived as a worrying surge in Covid-19 infections threatens to upend the nation’s economic recovery.

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Monday, 28 September 2020

Crude Oil and Gold Prices Eyeing Pelosi-Mnuchin Meeting on Stimulus

Crude oil and gold prices gained on US fiscal stimulus hopes. Ahead, the focus for WTI and XAU/USD shifts to a meeting between Nancy Pelosi and Steven Mnuchin.

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EUR/USD Rate Trades in Defined Range Despite Dovish ECB Guidance

EUR/USD may trade within a defined range over the coming days as the European Central Bank (ECB) appears to be in no rush to alter the path for monetary policy.

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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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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...