Market News

26 Mar

2019

Oil RSI Flirts with Overbought Territory as OPEC+ Plans to Meet in May

Recent price action raises the risk for a further advance in crude oil as the Relative Strength Index (RSI) continues to flirt with overbought territory.

26 Mar

2019

Oil Price Re-Tests $60 as Yen-Strength Steps Back; EURUSD Tests Range

The Q2 open nears as a number of FX themes remain of interest, and risk aversion has taken a step back after re-appearing following FOMC last week.

26 Mar

2019

Pound Eyes Parliament-Led Brexit Efforts, Yen May Resume Rise

British Pound volatility is likely as the UK Parliament tries to wrest away control of Brexit from the government. The Yen may rise amid renewed global slowdown fears.

26 Mar

2019

Gold Prices Eye Diverging US Dollar, Bond Yields for Direction

Gold prices are weighing the conflicting influence of the US Dollar and bond yields to divine direction cues amid worries about a slowdown in global economic growth.

25 Mar

2019

GBP/USD Gains, UK Parliament Forces Votes on Brexit Alternatives

GBP/USD gained as the UK Parliament seized control from May’s government, forcing votes on alternatives to her Brexit deal. The anti-risk Japanese Yen may rise as recession fears linger.

25 Mar

2019

A Key Yield Curve Inverted, But Should Investors Worry?

A negative spread between the 3-month and 10-year treasury yield has investors wondering whether or not the economy will be entering a recession since the last time this happened was before the 2008 recession.

25 Mar

2019

Why Does the US Yield Curve Inversion Matter?

With US equity markets recently under pressure, financial news media have pointed to movement in the bond market as the key catalyst.

25 Mar

2019

Euro Price Outlook: EUR/USD Battle Lines Drawn into March Close

Euro is off more than 1.1% from the pre-FOMC high with price now targeting uptrend support. Here are the targets & invalidation levels that matter on the EUR/USD charts.

25 Mar

2019

USDJPY Forecast: Sentiment Mimics Conditions Prior to 2019 Flash-Crash

USD/JPY extends the series of lower highs & lows from last week, with the pickup in dollar-yen volatility spurring a further shift in retail FX sentiment.

25 Mar

2019

FX Week Ahead - Top 5 Events: RBNZ Meeting; Canada & US GDP; German CPI; Brexit Latest

The last week of March sees a lighter economic calendar, but significant data and events loom.