DailyFX - Feeds all

DailyFX - Feeds all

US Dollar Drops on Weak PMI Data, Coronavirus Hits Confidence

Posted: 21 Feb 2020 07:08 AM PST

The US Dollardr opped this morning as PMI figures crossed the wires. The US business and services sectors dropped sharply in February, according to Markit Economic.

S&P 500 Sent Worrying Signal by Bond Market, USD/KRW Rises - US Market Open

Posted: 21 Feb 2020 05:30 AM PST

Equity markets are softer as investors continue to fret over the spread of the coronavirus.

Australian Dollar Forecast: Key AUD/USD Levels to Watch as Breakdown Unfolds

Posted: 21 Feb 2020 02:30 AM PST

Australian Dollar has remained under pressure amid the rising concerns over the spread of the Coronavirus, while domestic data has also softened.

British Pound (GBP) Latest: GBP/USD Battling a Rampant US Dollar

Posted: 21 Feb 2020 01:00 AM PST

GBP/USD is being steered by a strong US dollar and Sterling bulls are finding life difficult. Today's UK and US PMIs are likely to decide sentiment going into the weekend.

Euro May Fall on Eurozone PMIs as Coronavirus Stokes Recession Fears

Posted: 20 Feb 2020 11:30 PM PST

The Euro may fall on Eurozone PMI data as regional recession fears mount amid the coronavirus outbreak. However, the US Dollar may extend its rally if upbeat data brightens the growth outlook.

Crude Oil Prices Down, Near Term Production Cut Hope Fade

Posted: 20 Feb 2020 11:18 PM PST

Crude oil prices were hit by worries about the spread of coronavirus both within China and beyond. South Korea saw cases rise for a second straight day.

British Pound Forecast: GBP/USD, EUR/GBP, GBP/CHF

Posted: 20 Feb 2020 05:30 PM PST

GBP/USD may fall as the pair tests key support with EUR/GBP facing what could be near-term selling pressure as GBP/CHF enters an intensifying compression period.

Australian Dollar Outlook May Deepen Bearish, AUD/USD Clears Support

Posted: 20 Feb 2020 04:00 PM PST

The Australian Dollar outlook may shift further bearish after AUD/USD took out key support. This followed a broadly pessimistic day in stocks as the haven-linked US Dollar soared.

US Dollar Volatility Report: USD Price Analysis & Trading Levels

Posted: 20 Feb 2020 03:53 PM PST

King Dollar reiterates its reign over the global FX market as USD price action flexes its muscle and drives the DXY US Dollar Index within reach of the ominous 100.00 handle.

US Dollar Price Action Setups: EUR/USD, USD/CAD, USD/JPY

Posted: 20 Feb 2020 12:00 PM PST

It's been a busy couple of days in global markets with a huge breakout in USD/JPY following prior breakouts in Gold and a breakdown in EUR/USD.

Dow Jones & Nasdaq 100 Drop as Volatility Spikes, Will Support Hold?

Posted: 20 Feb 2020 11:00 AM PST

Stocks plunged on Thursday before buyers quickly returned to stem the bleeding. Still, the initial move allowed bears to test support, will it hold through subsequent challenges?
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