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Crude Oil Price Drives Lower with S&P 500, VIX Snaps Back

Posted: 27 Mar 2020 08:20 AM PDT

Crude oil price sinks another 7% on Friday as the S&P 500 Index spirals lower. Volatility rebounds toward crisis-high readings while sentiment crumbles owing to coronavirus recession risk.

USD/CAD Erratic Price Action After Bank of Canada Emergency Rate Cut

Posted: 27 Mar 2020 06:50 AM PDT

The Bank of Canada is the latest central bank to announce an emergency interest rate cut.

USD/ZAR - US Dollar vs South African Rand, ZAR Remains Vulnerable

Posted: 27 Mar 2020 06:35 AM PDT

South Africa forced into QE, eyes on Moody's Rating. Downgrade to junk poses downside risks to South African Rand

USD/MXN Outlook - Mexican Peso Besting a Weak US Dollar, Volatility Remains Extreme

Posted: 27 Mar 2020 05:00 AM PDT

USD/MXN may well have made its short-term high with the latest US liquidity pump driving down the value of the US dollar.

British Pound (GBP) Latest: GBP/USD and FTSE 100 Trimming Wild Gains

Posted: 27 Mar 2020 02:33 AM PDT

A volatile week in UK asset markets with both the British Pound and the FTSE 100 storming back from multi-year lows. Support levels for both will be keenly eyed by traders.

US Dollar Eyes Sentiment, Spending Data as Fiscal Package Heads to Trump

Posted: 27 Mar 2020 01:00 AM PDT

The US Dollar may rise if consumer sentiment and spending data print worse-than-expected figures and reignite demand for liquidity and push the haven-linked Greenback higher.

Gold Prices Steady Despite Increased Coronavirus Stimulus Hopes

Posted: 27 Mar 2020 12:00 AM PDT

Gold prices remain close to two-week highs even as the market looks with hope toward the passage through Congress of a huge US financial rescue package.

US Dollar May Rebound as Fed QE Euphoria Subsides

Posted: 26 Mar 2020 11:00 PM PDT

The US Dollar is on the defensive after the Fed activated open-ended QE to becalm panicky financial markets, but scope for renewed stress means losses may be limited.

Indian Rupee Falls on RBI Emergency Cut, USD/INR Focuses on Sentiment

Posted: 26 Mar 2020 10:00 PM PDT

The Indian Rupee cautiously fell versus the US Dollar after the RBI cut rates in an emergency meeting amid the virus. USD/INR continues to focus on sentiment after clearing support.

Singapore Dollar, USD/SGD Outlook: Virus Stimulus Package, MAS Eyed

Posted: 26 Mar 2020 09:00 PM PDT

The Singapore Dollar soared after the local government announced extra stimulus, plunging USD/SGD through support and placing the aggressive uptrend at risk. Where to from here?

Can Coronavirus Helicopter Money Bring Markets Back to Life?

Posted: 26 Mar 2020 08:00 PM PDT

Investors in stocks, commodity currencies and energy have been praying for a massive fiscal bazooka to combat the virus effects. It looks like they're going to get it.

How Do Politics and Central Banks Impact FX Markets?

Posted: 26 Mar 2020 07:00 PM PDT

Foreign exchange – or "forex" – markets often pay close attention to politics and central bank policy. We offer a model for traders to gauge their impact on exchange rates.

AUD/USD Rate Rebound Undermined by Bear Flag Formation

Posted: 26 Mar 2020 06:00 PM PDT

The recent rebound in AUD/USD may end up being short lived as a bear flag takes shape, while the RSI continues to track the downward trend from earlier this year.

British Pound, GBP/USD Climb Through Resistance. Yen at Risk Next

Posted: 26 Mar 2020 05:00 PM PDT

The British Pound rose alongside equities as GBP/USD broke above key falling resistance. Ahead, the anti-risk Japanese Yen may weaken if Asia Pacific stocks follow Wall Street's lead.

Gold Price Outlook: Stimulus May Propel XAU/USD Past Resistance

Posted: 26 Mar 2020 03:35 PM PDT

Gold suffered a substantial pullback two weeks ago as risk aversion roared and investors sought liquidity in the form of the US Dollar. Now, however, gold could resume higher as governments offer aid.

Dow, S&P 500 Hasten Rally as the USD Snaps - Is the Low in Place?

Posted: 26 Mar 2020 12:45 PM PDT

Stocks have come back to life this week with the S&P 500 up by more than 18% off of the lows, going along with a strong reversal in the US Dollar.

Nasdaq 100 Price Outlook: Micron Sees Quarterly Boost from Quarantine

Posted: 26 Mar 2020 11:05 AM PDT

The Nasdaq 100 stands in a relatively advantageous position compared to the S&P 500 and Dow Jones and a recent earnings report from Micron may see the trend continue.

Euro Price Outlook: EUR/USD Rips as Markets Surges on Virus Stimulus

Posted: 26 Mar 2020 09:30 AM PDT

Euro surged 3.3% off the yearly lows as stimulus hopes fuel a breakout of monthly downtrend resistance. Here are the levels that matter on the EUR/USD technical charts.
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