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US Dollar, Dow & Gold React as Fed Delivers Shock 50bps Cut

Posted: 03 Mar 2020 08:17 AM PST

The Fed just delivered an unexpected 0.5% interest rate cut as global central banks step up to the plate to counter the economic toll from the coronavirus outbreak. How are USD, the Dow and Gold re...

USD/ZAR Rises, South Africa Enters Recession, AUD/USD Jumps on RBA Cut - US Market Open

Posted: 03 Mar 2020 06:30 AM PST

G7 Finance Ministers and Central Bankers announced that they would close monitor the impact of the coronavirus and act if necessary.

US Dollar, S&P 500 Attempt to Stabilize from February Funk

Posted: 03 Mar 2020 05:34 AM PST

A brutal two-week-stretch may soon be nearing resolution following a G7 conference call this morning. Will US stocks continue to recover?

Market Sentiment Poised on a Knife Edge | Webinar

Posted: 03 Mar 2020 05:30 AM PST

Market confidence remains fragile as traders decide whether central bank action will be enough to calm fears about the economic impact of the coronavirus outbreak.

GBP/USD, USD/JPY, NZD/USD Technical Outlook & More

Posted: 03 Mar 2020 04:30 AM PST

GBP/USD is testing support, USD/JPY at risk of further losses, NZD/USD sitting on a 20-yr trend-line; technical developments were discussed today as well.

G7 Meeting Update - Continued Vigilance, No Rate Cuts Yet

Posted: 03 Mar 2020 04:18 AM PST

The Group of Seven (G7) finance ministers are taking part in a conference call today to agree how to tackle the economic effects of the coronavirus. And coordinated interest rate cuts may be on the...

DAX & FTSE 100 Outlook: Potential Coordinated G7 Action to Curb Coronavirus Impact

Posted: 03 Mar 2020 02:10 AM PST

G7 Finance Ministers and Central Bankers are planning a call to discuss the coronavirus, which will take place from 1200GMT.

Gold Price Analysis - XAU/USD Painting an Increasingly Positive Picture

Posted: 03 Mar 2020 01:00 AM PST

The price of gold remains just below $1,600/oz. and may well look to push higher with both the fundamental and technical backdrops looking increasingly bullish.

British Pound (GBP), FTSE Latest: London Stocks Rally but Sterling Stranded

Posted: 03 Mar 2020 01:00 AM PST

Hopes that the world's central banks and governments will stimulate the global economy to counter the coronavirus are lifting the FTSE 100 but GBP/USD remains stuck close to 1.28.

Euro May Fall on CPI Data as COVID-19 Stokes ECB Easing Bets

Posted: 03 Mar 2020 12:00 AM PST

The Euro may fall if local CPI data inflames ECB easing expectations as the coronavirus weakens the already-battered Eurozone economy.

Crude Oil Slips On Worries G7 Coronavirus Response Will Underwhelm

Posted: 02 Mar 2020 11:00 PM PST

Crude oil prices were initially buoyed by hopes that major industrial economies would co-ordinate action to mitigate the contagion's effects. A report suggesting that the ultimate statement may fal...

US Dollar, USD/MYR May Rise After Bank of Malaysia on Epidemic Woes

Posted: 02 Mar 2020 10:00 PM PST

The US Dollar and USD/MYR may rise after the Bank of Malaysia cuts rates again. Sentiment risks souring emerging market equities on the coronavirus, pressuring the Malaysian Ringgit.

EUR/USD Rally Sputters as ECB Prepares to Combat Coronavirus

Posted: 02 Mar 2020 09:00 PM PST

The recent rally in EUR/USD appears to be sputtering ahead of the yearly high (1.1222) as the ECB shows a greater willingness to combat the coronavirus.

Australian Dollar Cheers RBA Rate Cut Amid Coronavirus Fears

Posted: 02 Mar 2020 07:30 PM PST

The Australian Dollar got a surprising lift as the RBA took borrowing costs down to a new record low. The market clearly views this as supportive of growth correlated assets, with more global easin...

NZD/USD Rate Clears 2019 Low as RSI Sits in Oversold Territory

Posted: 02 Mar 2020 05:00 PM PST

NZD/USD has failed to retain the range from the second half of 2019, with the exchange rate clearing the October low (0.6204) as the RSI sits in oversold territory.

Canadian Dollar, USD/CAD at Turning Points as Crude Oil Prices Rally?

Posted: 02 Mar 2020 04:00 PM PST

The Canadian Dollar and crude oil prices may rise on bets of a global coordinated easing effort from central banks to help support growth that is more at risk to the coronavirus.

Dow Jones Forecast: Stocks Soar as History Suggests Further Volatility Ahead

Posted: 02 Mar 2020 02:45 PM PST

The Dow Jones soared more than 5% on Monday after suffering its worst weekly decline since 2008 last week. With prospects of rate cuts and other stimulus, can stocks retain their gains?

Australian Dollar Price Forecast: AUD/USD Rebounds, but Remains Weak Ahead of RBA

Posted: 02 Mar 2020 01:00 PM PST

The Australian Dollar has rebounded slightly after falling beneath technical support two weeks ago. Still, a serious continuation higher seems unlikely as growth concerns remain and resistance looms.

Market Volatility Remains as OECD Warns of GDP Slash G7 Officials Plan Meeting

Posted: 02 Mar 2020 11:21 AM PST

The market has put in for a recovery to last week's tumble as reports of a G7 finance minister and central banker summit seeds hope to offset OECD's warning of recession risk in Europe and Japan.

Historical Volatility: A Timeline of the Biggest Volatility Cycles

Posted: 02 Mar 2020 10:00 AM PST

Past periods of volatility set historical precedence for traders navigating the markets today. Discover the biggest volatility cycles and spikes ever witnessed.
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