DailyFX - Feeds all

DailyFX - Feeds all

How Do Politics and Central Banks Impact FX Markets?

Posted: 09 Apr 2020 08:00 AM 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.

Dow Jones Soars, US Dollar Drops as Fed Announces Huge Loan Program

Posted: 09 Apr 2020 06:44 AM PDT

Federal Reserve provide a credit backdrop with a huge $2.3 trillion loan program. US Dollar drops.

Canadian Employment: 1010.7k Jobs lost in March – in Line with Recent Themes

Posted: 09 Apr 2020 05:30 AM PDT

This morning brought the release of net change in employment out of Canada to the tune of -1010.7k vs the expectation of -500k.

Bitcoin (BTC) Price: Rally Supported But Quickly Running Out of Steam

Posted: 09 Apr 2020 04:24 AM PDT

Bitcoin continues to edge higher but the daily chart shows the advance slowing. The supportive uptrend from mid-March may come under renewed pressure.

Currencies Most Impacted From Oil Prices Ahead of Crucial OPEC Meeting: Cross Asset Correlation

Posted: 09 Apr 2020 04:00 AM PDT

All eyes on OPEC meeting as oil prices soar. Volatility expected to pick up for commodity-linked currencies.

EUR/GBP Price Nears Short-Term Support, Fractious Eurozone Negotiations Continue

Posted: 09 Apr 2020 02:30 AM PDT

With no agreement reached yet by the Eurozone on their latest coronavirus rescue plan, EUR/GBP may look to re-test a cluster of support levels.

British Pound (GBP) Latest: GBP/USD Edges Back to 1.24, EUR/GBP Stable

Posted: 09 Apr 2020 01:00 AM PDT

Sterling has moved back to 1.24 US Dollars in early European business Thursday as the BoE agrees to finance UK Government spending temporarily and Boris Johnson's health improves.

US Dollar, Crude Oil May Rise on OPEC Meeting, Sentiment Data

Posted: 09 Apr 2020 12:00 AM PDT

The US Dollar may rise if sentiment data for April falls short of forecasts and pushes the highly-liquid Greenback higher. Reconciliation within OPEC could buoy crude oil prices.

Gold Prices Up As Fateful Weekly US Jobless Claims Figure Looms

Posted: 08 Apr 2020 11:00 PM PDT

Gold prices found support in the wait for US employment data which hasbeen soaring for the past two weeks as coronavirus stifles the labor market.

EUR/USD Susceptible to Range Bound Conditions Through Easter Holiday

Posted: 08 Apr 2020 09:00 PM PDT

EUR/USD may face range bound conditions through the Easter holiday as the exchange rate fails to extend the series of lower highs and lows from the previous week.

Australian Dollar Slides as RBA Financial Review Flags Increased Risks

Posted: 08 Apr 2020 06:30 PM PDT

The Australian Dollar was already under pressure but wilted further as the RBA's financial review was forthright about likely coronavirus effects.

Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts

Posted: 08 Apr 2020 06:00 PM PDT

The Euro and crude oil prices will be at the mercy of ongoing OPEC+ and Eurozone negotiations as members from each respective group attempt to reach a consensus on policy.

USD/CAD Negates Pennant Formation Ahead of Canada Employment Report

Posted: 08 Apr 2020 05:00 PM PDT

USD/CAD may face range bound conditions going into the Easter holiday as the exchange rate fails to track the pennant formation carried over from the previous month.

Yen Falls as Wall Street and Crude Oil Prices Gain, AUD/USD May Rise

Posted: 08 Apr 2020 04:00 PM PDT

The Japanese Yen and US Dollar sank as Wall Street and crude oil prices gained ahead of the OPEC+ meeting. A rosy Asia Pacific trading session may bode well for the Australian Dollar.

Dow Jones, Nasdaq 100, S&P 500 Forecast: An Earnings Season Like None Other

Posted: 08 Apr 2020 03:00 PM PDT

This earnings season will stand in a league of its own as corporations grapple with an unprecedented threat to growth and economic activity. As a result, it may be a stock-pickers dream.

3 Things to Know When Trading Earnings Announcements

Posted: 08 Apr 2020 10:00 AM PDT

Earnings season is a period ripe with trading opportunities and volatility but can be unpredictable. Here are 3 things to know when trading earnings season.

US Recession Watch, April 2020 - Recession Odds Artificially Low

Posted: 08 Apr 2020 09:30 AM PDT

The NY Fed Recession Probability indicator only indicates an 18% chance of a recession within the next year. That seems low.
Posted by: at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)