DailyFX - Feeds all

DailyFX - Feeds all


Gold Grinds at Resistance, Bitcoin Tests Above 10k to Start Busy Week

Posted: 10 Feb 2020 07:06 AM PST

Chinese inflation for January printed at an annualized 5.4% - the highest level in eight years, as coronavirus fears continue to grip financial markets.

US Dollar, Dow Jones, Gold Prices, Euro, British Pound: Markets Week Ahead

Posted: 10 Feb 2020 05:30 AM PST

The S&P 500 and Dow Jones finished on a cautious note as coronavirus fears waxed and waned. The US Dollar gained as the S&P 500 recovered most of its near-term losses. Gold prices trimmed declines....

GBP/USD & EUR/GBP Prices: Reinforcing Recent Trading Ranges - Webinar

Posted: 10 Feb 2020 05:03 AM PST

Sterling continues to trade near support as recently defined trading ranges hold for now. Tuesday will see the latest look at the health of the UK economy with a slew of important data prints out a...

Ripple (XRP) Price Analysis: XRP/USD May Re-Test 2019 High

Posted: 10 Feb 2020 02:28 AM PST

Ripple continues its recent rally off its December low and the chart now suggests a break of nearby resistance may well open the way for XRPUSD to test the $0.50 level .

British Pound (GBP) Latest: Sterling Remains Weak Ahead of GDP and Cabinet Reshuffle

Posted: 10 Feb 2020 01:00 AM PST

The British Pound opens the week below 1.2900 against the US dollar as trader's set-up for Tuesday's data deluge, including GDP numbers, and the Cabinet reshuffle at the end of the week.

USD May Rise on Wuhan Virus Risk Ahead of White House Budget

Posted: 10 Feb 2020 12:00 AM PST

The US Dollar may rise if fear about the coronavirus boosts demand for haven-linked assets ahead of the White House's release of the budget for 2021.

Crude Oil Prices Dip Under $50 as Coronavirus, OPEC Dominate Trade

Posted: 09 Feb 2020 11:11 PM PST

Crude oil prices slipped beloq $50 only to regain that key psychological point on Monday as investors fretted coronavirus and OPEC's likely response.

EUR/USD Halts Losing Streak Ahead of Fed Testimony But Will It Last?

Posted: 09 Feb 2020 10:00 PM PST

The Fed testimony with Chairman Jerome Powell may undermine the recent rebound in EUR/USD if the central bank head tames speculation for lower interest rates.

Palladium May Rise with Oil-Linked NOK on Powell Testimony

Posted: 09 Feb 2020 09:00 PM PST

Palladium prices may rise with the oil-linked Norwegian Krone if Chair Powell's congressional testimonies strike a positive note on the global outlook kindles risk appetite.

US Dollar Fundamental Outlook: USD/SGD, USD/MYR, USD/IDR, USD/PHP

Posted: 09 Feb 2020 08:00 PM PST

The US Dollar may rise if coronavirus fears result in a resurgence in market volatility, sending USD/SGD and USD/MYR higher. This is as growth in the Fed's balance sheet appears to slow.

NZD/USD Outlook Mired Ahead of RBNZ as RSI Sits in Oversold Territory

Posted: 09 Feb 2020 07:00 PM PST

NZD/USD may face a more bearish fate ahead of the Reserve Bank of New Zealand (RBNZ) meeting as the Relative Strength Index (RSI) sits in oversold territory.

Australian Dollar Ticks Up on China CPI, Virus Headlines Driving

Posted: 09 Feb 2020 05:17 PM PST

The Australian Dollar rose in the wake of strong Chinese CPI data putting inflation at its fastest pace since October 2011, with large gains in food prices mostly to blame.

Australian Dollar Closed at 2009 Low, Yen May Gain as Week Starts

Posted: 09 Feb 2020 04:00 PM PST

The Australian Dollar closed at its weakest since 2009 versus the US Dollar on a revival in coronavirus fears. The Yen may gain if market mood deteriorates as the week gets going.

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