Market News

19 Jan

2019

GBP Fundamental Forecast: Bulls Taking Control of Sterling

Sterling rallied after PM May’s contentious Brexit bill was shot down in flames in the House of Commons and that leaves a No Deal Brexit increasingly unlikely.

18 Jan

2019

Can Crude Oil Prices Keep Rising as China Slows? Brexit, ECB Eyed

Crude oil price gains slowed despite OPEC output cuts. The commodity is at risk to slowing Chinese GDP. With US in shutdown, oil eyes Brexit news and ECB for sentiment-linked moves.

18 Jan

2019

FTSE 100 Eyes Brexit Plan B, Record Chinese Stimulus Raises Alarm Bells

Concerns are continuing to mount over a slowdown in China, while UK assets yet again focus on Brexit.

18 Jan

2019

AUD/USD Technical Price Outlook: Aussie Recovery Losing Steam

A rally of more-than 6.6% off the monthly low takes Aussie just below technical resistance. Here are the targets & invalidation levels that matter on the AUD/USD charts

18 Jan

2019

USD/JPY Extends Flash-Crash Rebound, RSI Threatens Bearish Formation

The recent series of higher highs & lows in USD/JPY raises the risk for a larger correction as the exchange rate breaks out of a narrow range.

18 Jan

2019

Slowing China GDP to Curb AUD/USD Flash-Crash Rebound

Fresh data prints coming out the Asia/Pacific region may drag on AUD/USD as China is expected to grow at the slowest pace since the Great Financial Crisis (GFC).

18 Jan

2019

DXY Index Inside Day Forming as Risk Appetite Improves, Gold Slips

Across asset classes, including FX, investor demand for high yielding, risk-correlated assets continues to build.

18 Jan

2019

Lackluster Canada Consumer Price Index (CPI) to Curb USD/CAD Losses

Updates to Canada’s Consumer Price Index (CPI) may do little to alter the near-term outlook for USD/CAD as the reading is expected to hold steady at 1.7%.

18 Jan

2019

US Dollar May Rise as Data Shows Consumers’ Mood Has Darkened

The US Dollar may rise, finding support in haven demand as data from the University of Michigan shows consumers’ mood darkened in January.

18 Jan

2019

Gold Prices Unable to Capitalize on US Dollar Pullback

Gold prices are struggling for direction as the US Dollar shows itself to be the more explicit risk-off asset, trading inversely of Treasury bond yields.