something interesting

<  BACK TO Market Analysis

Forex Week Ahead

UK_elections-upon-us

Trade hopes were boosted by comments from the US and China earlier in the week, only to be stamped out after the signing of an American law that supports Hong

The upcoming week is going to be a wild ride for those of us in the UK who are facing the most unpredictable election in modern times, one that will dictate not just the domestic agenda over the next five years but also the Brexit outcome. It’s no small issue.

  • Biggest UK election in decades next week
  • US and China seek deal before 15 December tariffs
  • OPEC+ reaches deal on deeper output cuts

While it may seem we’re already into the holiday season and attention is shifting to office parties and shopping, there is no shortage of talking points next week even outside of the UK.

Trade talks between the US and China will continue to be a hot topic as both sides aim to secure a deal before 15 December tariff deadline. Hong Kong protests have created further divisions between the worlds two largest economies and more are expected over the weekend.

UK Election

We’ve entered the final week of the election campaign and traders are starting to feel a little overconfident. Whether that’s the 10 point margin that the Conservatives hold in the polls that would deliver a majority government or Donald Trump’s visit ending without catastrophe, confidence is creeping in.

If we hadn’t been in this position before, it may be understandable, but this premature confidence has been punished before. Maybe this time they’ve got it right. There’s obviously a risk that they’ll be burned again.

The weekend is always a risky time for UK politics when we’re this close to such an incredibly decisive day. The Prime Ministerial debate on Friday night is the first chance of the weekend for both to take aim at each other.

It could be fierce as the clock ticks down to election day with Johnson’s only aim to come out unscathed. Having already avoided numerous events including being questions by BBC’s Andrew Neil, he may face a number of uncomfortable questions.

US

The biggest risk to the US stock market remains a progressive President.  Currently polls are suggesting that seems to be very unlikely.  The current focus with US politics remains the impeachment process.  Speaker Nancy Pelosi seems likely to get the ball going in the House, but the Senate firmly remains supportive of the President.  The risks of impeachment getting passed the Senate are slim to none.

Hong Kong

Protests have subsided in Hong Kong this week with the government announcing more spending as the economy is now in a deep recession. A march is planned for Saturday though and although planned to be peaceful, tensions could escalate.

Major risks are limited with the US-China interim trade agreement seemingly in the final strait. Protests turning violent could weigh on the Hang Seng to start the week.

China

Protests have subsided in Hong Kong this week with the government announcing more spending as the economy is now in a deep recession. A march is planned for Saturday though and although planned to be peaceful, tensions could escalate.

India

RBI did not cut rates as expected today. Its hand is stayed by an ugly stagflation mix. Growth revised lower from 6 to 5% and inflation revised higher for Q4 2019 and Q1 2020. The non-performing loans issue across the non-bank and official financial sectors appears to be deepening.

The INR is lower and Indian bond yields are higher today. The Sensex has fallen. The sell-off could deepen next week, especially if the US and China fail to agree a trade deal.

Australia

The RBA held rates with a dovish outlook. Australia trade surplus fell more than expected led by mineral resource. No visibility on fiscal stimulus by the Federal Government, it appears that most sectors of the Australian economy are now in a recession or slowing.

Any change in the status of trade negotiations would be detrimental to local equities and the Aussie dollar. Any discussion on QE at the RBA meeting could hurt the local dollar.

LATAM Politics

Protests in Latin America have put pressure on most economies, either for the presence of social movements within its borders, or for the threat that one could break out soon.

Risk appetite has been positive this week and for the most part has ignored protest movements in the second part of the week. Trade optimism could soon turn into pessimism and with it the investors could once again look at political instability as a big factor driving risk aversion in the region.

Market

USD

The dollar will remain sensitive to trade updates this week, but also see a strong focus on with key rate decisions.  The greenback has fallen against most of its trading partners and we could see further weakness if we see material weakness to the US economy.  The Fed has done a very good job in signaling they are on hold until any material changes to the outlook.

The Fed is still evaluating what to do regarding the repo market upheaval and we could get an incremental update on the standing repo facility.  While the Fed meeting could be a non-event on Wednesday, we could see the ECB decision see further momentum grow for calls to move away from negative interest rates.

We are one tweet away from a complete collapse in the US-China trade war.  The latest uncertainty on how Hong Kong will impact trade negotiations and whether we will see a meaningful rollback with tariffs will determine how much risk appetite we have for global indexes.  The dollar will remain a key safe-haven trade that could see it outperform to the euro and commodity currencies.

Mexican Peso

The Mexican peso has been on an upwards trajectory since trade hopes lifted risk appetite. The peso has appreciated more than one percent against the dollar even as the NFP returned some of its strength to the greenback, but it was too late to make a difference. Even if the Fed does not cut for a fourth time in December and the Mexican central bank does so in the middle of the month the rate differential still favours the peso.

Contagion risk in Mexico is low given political stability and a government that after a year in power is coming around to the idea of more private investment.

The USMCA ratification is advancing at a slow rate, but it keeps moving forward, with the biggest risk not getting it done this year. A USMCA ratification on an election year would not be impossible, but it would get tougher as it would be heavily politicized to further divide voters.

The currency pair is trading at 19.33 and could break under 19.30, although as the trading session approaches the end investors could try to hedge their dollar positions as much as possible before going into the weekend.

The liquidity of the peso makes it a vehicle for speculators that want to short the region as Colombians took to the streets today to protest labor reforms. The precedent set by Ecuador, Bolivia and Chile will not be lost in the market as political instability will keep downward pressure on LatAm markets.

Oil

Oil prices are up more than 15% since early October, buoyed in recent days by efforts by OPEC and its allies – or OPEC+ as they’ve become known – to further rebalance the market after years of oversupply.

Production cuts were increased to 1.7 million barrels per day, from 1.5 million previously, but concerns about its effectiveness and compliance with the cuts are stopping traders getting carried away. Still, price is continuing to grind higher, with Brent and WTI trading at near-three month highs.

The trade war is the big risk for oil prices in the near term. Both the US and China want us to believe a phase one deal is close but this was meant to be signed in Chile a month ago. With 15 December tariff deadline approaching though, a sense of urgency may materialize and a deal could well give oil another kick higher.

Gold

The US jobs report on Friday took the wind out of the sails of gold bulls just as they were growing in confidence. The yellow metal has struggled at $1,480 both when trading above this level and below and this time it was no different.

A few days of pressure was obliterated by a stellar US jobs report, after which markets went into risk-on mode and gold headed south. Gold remains in consolidation a little longer, with $1,440-1,450 below now key.

Two central bank meetings next week including the Fed should be the key events for gold but recent easing by both mean policy makers are already in holiday mode. The trade war remains the final thing that could really shake things up for gold.

Bitcoin

Bitcoin has entered consolidation mode again between $7,000 and $8,000. This comes after a tough period for the cryptocurrency after Chinese authorities appeared to once again turn their back on them. While they’re fond of the technology, it’s likely they’re not too thrilled with the idea of ceding control. That’s hardly surprising.

Cryptocurrencies and volatility go hand in hand. We may be in a period of consolidation but that’s unlikely to last. The worst of the decline may be over for now but when it comes to bitcoin, no one can really say so with any real confidence.

Source: marketpulse

Trade hopes were boosted by comments from the US and China earlier in the week, only to be stamped out after the signing of an American law that supports Hong

The upcoming week is going to be a wild ride for those of us in the UK who are facing the most unpredictable election in modern times, one that will dictate not just the domestic agenda over the next five years but also the Brexit outcome. It’s no small issue.

  • Biggest UK election in decades next week
  • US and China seek deal before 15 December tariffs
  • OPEC+ reaches deal on deeper output cuts

While it may seem we’re already into the holiday season and attention is shifting to office parties and shopping, there is no shortage of talking points next week even outside of the UK.

Trade talks between the US and China will continue to be a hot topic as both sides aim to secure a deal before 15 December tariff deadline. Hong Kong protests have created further divisions between the worlds two largest economies and more are expected over the weekend.

UK Election

We’ve entered the final week of the election campaign and traders are starting to feel a little overconfident. Whether that’s the 10 point margin that the Conservatives hold in the polls that would deliver a majority government or Donald Trump’s visit ending without catastrophe, confidence is creeping in.

If we hadn’t been in this position before, it may be understandable, but this premature confidence has been punished before. Maybe this time they’ve got it right. There’s obviously a risk that they’ll be burned again.

The weekend is always a risky time for UK politics when we’re this close to such an incredibly decisive day. The Prime Ministerial debate on Friday night is the first chance of the weekend for both to take aim at each other.

It could be fierce as the clock ticks down to election day with Johnson’s only aim to come out unscathed. Having already avoided numerous events including being questions by BBC’s Andrew Neil, he may face a number of uncomfortable questions.

US

The biggest risk to the US stock market remains a progressive President.  Currently polls are suggesting that seems to be very unlikely.  The current focus with US politics remains the impeachment process.  Speaker Nancy Pelosi seems likely to get the ball going in the House, but the Senate firmly remains supportive of the President.  The risks of impeachment getting passed the Senate are slim to none.

Hong Kong

Protests have subsided in Hong Kong this week with the government announcing more spending as the economy is now in a deep recession. A march is planned for Saturday though and although planned to be peaceful, tensions could escalate.

Major risks are limited with the US-China interim trade agreement seemingly in the final strait. Protests turning violent could weigh on the Hang Seng to start the week.

China

Protests have subsided in Hong Kong this week with the government announcing more spending as the economy is now in a deep recession. A march is planned for Saturday though and although planned to be peaceful, tensions could escalate.

India

RBI did not cut rates as expected today. Its hand is stayed by an ugly stagflation mix. Growth revised lower from 6 to 5% and inflation revised higher for Q4 2019 and Q1 2020. The non-performing loans issue across the non-bank and official financial sectors appears to be deepening.

The INR is lower and Indian bond yields are higher today. The Sensex has fallen. The sell-off could deepen next week, especially if the US and China fail to agree a trade deal.

Australia

The RBA held rates with a dovish outlook. Australia trade surplus fell more than expected led by mineral resource. No visibility on fiscal stimulus by the Federal Government, it appears that most sectors of the Australian economy are now in a recession or slowing.

Any change in the status of trade negotiations would be detrimental to local equities and the Aussie dollar. Any discussion on QE at the RBA meeting could hurt the local dollar.

LATAM Politics

Protests in Latin America have put pressure on most economies, either for the presence of social movements within its borders, or for the threat that one could break out soon.

Risk appetite has been positive this week and for the most part has ignored protest movements in the second part of the week. Trade optimism could soon turn into pessimism and with it the investors could once again look at political instability as a big factor driving risk aversion in the region.

Market

USD

The dollar will remain sensitive to trade updates this week, but also see a strong focus on with key rate decisions.  The greenback has fallen against most of its trading partners and we could see further weakness if we see material weakness to the US economy.  The Fed has done a very good job in signaling they are on hold until any material changes to the outlook.

The Fed is still evaluating what to do regarding the repo market upheaval and we could get an incremental update on the standing repo facility.  While the Fed meeting could be a non-event on Wednesday, we could see the ECB decision see further momentum grow for calls to move away from negative interest rates.

We are one tweet away from a complete collapse in the US-China trade war.  The latest uncertainty on how Hong Kong will impact trade negotiations and whether we will see a meaningful rollback with tariffs will determine how much risk appetite we have for global indexes.  The dollar will remain a key safe-haven trade that could see it outperform to the euro and commodity currencies.

Mexican Peso

The Mexican peso has been on an upwards trajectory since trade hopes lifted risk appetite. The peso has appreciated more than one percent against the dollar even as the NFP returned some of its strength to the greenback, but it was too late to make a difference. Even if the Fed does not cut for a fourth time in December and the Mexican central bank does so in the middle of the month the rate differential still favours the peso.

Contagion risk in Mexico is low given political stability and a government that after a year in power is coming around to the idea of more private investment.

The USMCA ratification is advancing at a slow rate, but it keeps moving forward, with the biggest risk not getting it done this year. A USMCA ratification on an election year would not be impossible, but it would get tougher as it would be heavily politicized to further divide voters.

The currency pair is trading at 19.33 and could break under 19.30, although as the trading session approaches the end investors could try to hedge their dollar positions as much as possible before going into the weekend.

The liquidity of the peso makes it a vehicle for speculators that want to short the region as Colombians took to the streets today to protest labor reforms. The precedent set by Ecuador, Bolivia and Chile will not be lost in the market as political instability will keep downward pressure on LatAm markets.

Oil

Oil prices are up more than 15% since early October, buoyed in recent days by efforts by OPEC and its allies – or OPEC+ as they’ve become known – to further rebalance the market after years of oversupply.

Production cuts were increased to 1.7 million barrels per day, from 1.5 million previously, but concerns about its effectiveness and compliance with the cuts are stopping traders getting carried away. Still, price is continuing to grind higher, with Brent and WTI trading at near-three month highs.

The trade war is the big risk for oil prices in the near term. Both the US and China want us to believe a phase one deal is close but this was meant to be signed in Chile a month ago. With 15 December tariff deadline approaching though, a sense of urgency may materialize and a deal could well give oil another kick higher.

Gold

The US jobs report on Friday took the wind out of the sails of gold bulls just as they were growing in confidence. The yellow metal has struggled at $1,480 both when trading above this level and below and this time it was no different.

A few days of pressure was obliterated by a stellar US jobs report, after which markets went into risk-on mode and gold headed south. Gold remains in consolidation a little longer, with $1,440-1,450 below now key.

Two central bank meetings next week including the Fed should be the key events for gold but recent easing by both mean policy makers are already in holiday mode. The trade war remains the final thing that could really shake things up for gold.

Bitcoin

Bitcoin has entered consolidation mode again between $7,000 and $8,000. This comes after a tough period for the cryptocurrency after Chinese authorities appeared to once again turn their back on them. While they’re fond of the technology, it’s likely they’re not too thrilled with the idea of ceding control. That’s hardly surprising.

Cryptocurrencies and volatility go hand in hand. We may be in a period of consolidation but that’s unlikely to last. The worst of the decline may be over for now but when it comes to bitcoin, no one can really say so with any real confidence.

Source: marketpulse

lastest Articles

Market Analysis
Forex Week Ahead – The final stretch
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed Preview: The dollar has room to rise on upbeat projections and the lack of stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD battles 200-SMA on 4H chart, US stimulus, Fed eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, Dollar depressed on vaccine, Brexit and US stimulus hopes, Fed in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: Manufacturing Sales rise by 0.3% to $54.1 billion in October
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD jumps to fresh session tops, further beyond mid-1.3300s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold recovers on US stimulus hopes, dollar off the highs, Brexit, vaccine news eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD trims gains and drops toward 1.2120
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Last full week of 2020 kicks off with Brexit and US stimulus optimism
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Deal or no deal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: ECB gives a boost to the euro, rally to run towards 2020 high at 1.2177
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Lagarde speech: Euro area economy is seen shrinking in Q4
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dual talks' deadlock weighs on markets ahead of expected ECB stimulus, FDA vaccine seal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine deployments, Brexit continue to rule the sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Rising Sino-American tensions curb vaccine and stimulus enthusiasm, Brexit eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Time for compromise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar bounces amid vaccine, stimulus concerns ahead of Nonfarm Payrolls
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Nonfarm Payrolls Preview: Another dollar’s disappointment underway
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD jumps to three-month tops, around 1.3440 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar remains on the back foot as two hopes clash with two concerns, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Further decline targets 90.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD’s rebound stalls below $1800 ahead of US data, Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New month, fresh market gains, PMIs, Powell's testimony and Brexit eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Lagarde: Fiscal package must not be delayed significantly
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Fakeout at 1.20? Why the euro may suffer a downward correction
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold melts, dollar declines, Brexit and OPEC headlines eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – We Go Again
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Five reasons to drag the pair down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bearish sign
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P: Major Aussie banks not at risk of downgrade amid pandemic
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New quarter, same market gloom as coronavirus spreads, critical US data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar Index: 2008/09 parallels point to sustained USD strength – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude prices rebound after tapping 18-year low
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD needs to hold onto support at 1.0972 to weather the dollar storm
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bearish pressure eased
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: King Dollar takes back the reins as coronavirus fears mount, oil slumps; eyes on German CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Virus Watch, China data to rebound while the world braces for pain, and why the dollar looks so vulnerable
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Will King Dollar be re-coronated after the plunge? Virus, consumer data, eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices Steady Despite Increased Coronavirus Stimulus Hopes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dumping extends, US coronavirus cases top China’s; US House vote eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Watching if bulls are able to capitalize the momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Pares Gains As Nervous Market Looks To US Jobless Claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR, JPY in the lead after Senate's stamp, ahead of horrible US jobless claims, BOE
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: The picture is improving
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Upside looks capped
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Senate strikes stimulus, stocks may sell the fact, dollar pressured, coronavirus data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500 futures jump 5% and hit the limit-up band of 2,333.50
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD bulls looking to extend the momentum beyond 1.1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD firmer above 1.0800 post-PMIs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: 35-year uptrend breached – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New week, same corona carnage, dollar down vs. majors, excels elsewhere, US Senate eye
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Tougher times ahead?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rallies further beyond $1500 mark, fresh session tops
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s stimulus package: Lagarde’s “Whatever it Takes” moment – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar takes a breather, coronavirus claims 10,000 lives, “quadruple witching” eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: BoC to keep the system running – RBC Economics
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: Several OPEC members calling for new action – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro at Risk Ahead of German IFO Data and SNB Rate Decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Still scope for a rebound… but when?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold slides further below $1500 mark, losing around 2.5% for the day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Base metals: Sign of weakening demand emerging – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Typical dead cat bounce ove
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices Slide Again As Coronavirus Prompts Cash Raising
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominant as markets bounce after Trump's recession talk, focus on fiscal stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoJ Governor Kuroda: Possible to deepen negative interest rates further
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Faced rejection near the 1.1200 round-figure mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Fed and BOJ to add more to the punchbowl, Virus disruption, and a fourth week of heightened volatility
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Fed to cut 100bps at its next meeting – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB: EUR/USD heading lower as looks for fiscal measures – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Wave of selling also hit the yellow metal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold surrenders early gains, back near $1640 level despite coronavirus-led jitters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump fails to reassure coronavirus-concerned America, stocks down, gold up, ECB eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Analysis Ahead of ECB Rate Decision and Lagarde Outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Pullback Fizzles Amid Speculation for More Fed Rate Cuts
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: GBP/USD tumbles as BOE surprises with 50bp cut to 0.25% ahead of UK budget
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Yen rallies hard as US stimulus doubts, coronavirus fears hit stocks, USD and yields
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD resuming rise amid doubts over US fiscal stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates after the coronavirus crash amid Trump's tax promises, Chinese hopes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Global shares plunge in worst day since financial crisis
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Monday mayhem, wild currency moves, Gold fakeout, oil -30%, amid coronavirus panic
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil Prices Crash 25% As Oil War Begins
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Time to Spring Forward
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Market volatility here to stay
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
The Fed could cut rates further at the March meeting – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold remains confined in a range, around $1640
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD flirting with daily highs around 1.1140
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD – Euro Rally May Just Be Getting Started vs US Dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Pres. Trump: Fed should ease and “cut rate big”
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Tenreyro: Important to highlight that we were not in a rush to raise interest rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Coronavirus update: First confirmed case in London, total infections in Iran at 1,501
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Price Analysis: Upside stalled just ahead of the 200-day SMA
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Central Banks, OPEC + and Governments prepare to cushion the coronavirus impact
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Markets not focused on Super Tuesday
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Vasiliauskas says extraordinary meeting may be called over coronavirus, EUR/USD off the highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Markets in freefall: Carney warns UK faces downgrade over coronavirus – latest updates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Schnabel: Coronavirus increased uncertainty about global growth outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD now looks to 1.0925 – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to gains near session tops, around $1650 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus clobbers markets, dollar on the defensive (for now), Bitcoin battered
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Outlook Somber as COVID-19 Threatens EU Corporate Debt
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613