Market News

22 Mar

2019

Top 5 FX Events: Final Q4’18 US GDP & USDJPY Price Outlook

Consensus forecasts call for Q4’18 US GDP to come in at 2.4% annualized.

22 Mar

2019

Australian Dollar Likely Loser In Ugly Contest With US Cousin

The Australian Dollar gained when the US Fed struck a dovish tone last week. But markets soon realized that what applies to the Fed probably goes double for the RBA.

22 Mar

2019

Top 5 FX Events: March RBNZ Meeting & NZDUSD Price Outlook

Rates markets are currently pricing in a 0% chance of a rate move by the RBNZ this coming week.

22 Mar

2019

Brexit No-Deal Is Increasingly Likely After Another Rejection Hits GBP

Parliament’s vote next week will determine whether a no-deal Brexit will be more likely and the effects it will have on GBPUSD.

22 Mar

2019

Stock Market Fund Flows Suggest S&P 500 Sentiment Remains Bullish

The S&P 500 looks to end Friday’s session in a range that previously offered considerable resistance in a week where the SPY, IVV and VOO ETFs recorded $6.4 billion in inflows.

22 Mar

2019

Shift in USD/JPY Sentiment Persists Despite Bets for Fed Rate-Cut

The IG Client Sentiment report shows 52.4% of traders are now net-long USD/JPY even though the exchange rate slips to a fresh monthly-low (109.74).

22 Mar

2019

Kiwi Weekly Price Outlook: NZD/USD Rebuffed at 2019 Range Resistance

Kiwi failed at key resistance this week and keeps the focus on a break of the yearly opening-range. Here are the levels that matter on the NZD/USD weekly chart.

22 Mar

2019

USDJPY: Is Yen-Strength Sending a Signal as the US Yield Curve Inverts?

It was a wild week on short-term charts of the US Dollar, but the net result at this point has been a doji. But under the hood, signals may be showing risk aversion potential.

22 Mar

2019

US Dollar Rebound Continues; Brexit Latest; US-China Trade War Update

After getting hit hard on the FOMC meeting day, the US Dollar rebound continued into a second day.

22 Mar

2019

USD/CAD Rate Forecast: Post-FOMC Advance at Risk on Sticky Canada CPI

Updates to Canada’s Consumer Price Index (CPI) may curb the recent advance in USD/CAD as the headline reading for inflation is expected to hold steady at 1.4%.