Market News

22 Feb

2019

EURUSD Range, USDJPY Strength in Focus for Next Week Ahead of Powell

USD buyers came back after this week's release of FOMC minutes from the January meeting; but that push has fallen flat, setting the stage for Chair Powell next week.

22 Feb

2019

US Dollar Bounce at Support Keeps Near-term Outlook ’Neutral’

Both Brexit and the US-China trade negotiations have key deadlines that could be pushed back as deals have yet to materialize.

22 Feb

2019

Euro at Risk, Market Mood Hinges on Trump-Liu Metting Outcome

The Euro looks vulnerable as a deluge of event risk looms ahead. The overall market mood may hinge on the tone of US-China trade negotiations however.

22 Feb

2019

Gold Prices May Fall as Risk Aversion, Fed Rethink Buoy US Dollar

Gold prices may fall, making good on bearish technical cues as haven demand and a rethink of the Fed policy outlook drive the US Dollar upward.

22 Feb

2019

Risk Aversion Led Wall Street Lower as USD Rose, ASX 200 May Fall

China’s Port of Dalian banning Australian coal imports seemed to trigger risk aversion which was amplified by soft US durable goods orders as AUD/USD fell. The ASX 200 may reverse lower.

21 Feb

2019

Gold Price Technical Outlook: XAU/USD Rejected at Resistance

Gold prices remain vulnerable near-term after reversing more-than 1% from the monthly high. Here are the targets & invalidation levels that matter on the XAU/USD charts.

21 Feb

2019

US Dollar Selloff Hits Pause as Back-to-Back Dojis Materialize

American and Chinese negotiations are meeting in Washington, D.C. for the seventh round of trade talks.

21 Feb

2019

USD/CAD Rate Fails to Test 200-Day SMA Following FOMC Minutes

USD/CAD holds a narrow range following the FOMC Minutes, with Canada’s Retail Sales report in focus as household spending is expected to contract another 0.3% in December.

21 Feb

2019

Euro Looks Vulnerable, US Dollar May Rise on Flash PMI Data

The Euro may be pressured while the US Dollar gains as local flash PMI data paints a picture of divergent economic growth trends.

21 Feb

2019

Crude Oil Prices Aim to Extend Gains on US-China Talks, EIA Data

Crude oil prices may continue to push higher on signs of further progress in US-China trade negotiations. EIA data showing a smaller-than-expected inventory build might help.