DailyFX - Feeds all

DailyFX - Feeds all

Canadian Dollar Mixed on BoC Decision; QE Continues as CPI Slumps

Posted: 15 Jul 2020 08:00 AM PDT

CAD price action took a tumble after the latest Bank of Canada monetary policy statement, which conveyed a dovish tone amid muted inflation outlook as economic slack could persists into 2022.

Canadian Dollar Trading: US Economic Growth Takes Center Stage

Posted: 15 Jul 2020 06:00 AM PDT

A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.

Crude Oil, S&P 500 & Gold: Index & Commodity Charts

Posted: 15 Jul 2020 04:42 AM PDT

Oil is up against the big Saudi gap, the S&P 500 still looking higher, while gold battles at big long-term resistance.

EUR/USD Rallies Ahead of EU Summit, Eyes on 2020 High

Posted: 15 Jul 2020 04:15 AM PDT

EUR/USD continues its surge ahead of EU summit, but an agreement is still unlikely this week.

USD/CAD Eyes US Dollar Weakness and Bank of Canada Policy Decision

Posted: 15 Jul 2020 02:30 AM PDT

The latest Bank of Canada monetary policy meeting should give USD/CAD traders further insight into the pair's short-term destiny as technical indicators currently blur sentiment.

British Pound (GBP) Latest: EUR/GBP Easing After Surprise UK Inflation Rise

Posted: 15 Jul 2020 01:00 AM PDT

UK inflation rose unexpectedly in June, lifting GBP/USD modestly and weakening EUR/GBP ahead of the European Council meeting starting Friday to discuss an EU recovery fund.

USD/CNH Rate May Rise as Trump Ends Hong Kong's Special Status

Posted: 15 Jul 2020 12:00 AM PDT

The USD/CNH exchange rate may rise as President Donald Trump ends Hong Kong's 'special status' with the United States.

Crude Oil Prices May Not Find Lasting Support in OPEC+ Efforts

Posted: 14 Jul 2020 11:00 PM PDT

Crude oil prices seem unlikely to find lasting support even if OPEC+ extends supply-cut efforts beyond month-end as the Covid-19 outbreak sinks demand.

Nikkei 225 Breaks 22,700 Resistance, Hang Seng Wobbles on US Sanctions

Posted: 14 Jul 2020 10:00 PM PDT

The Nikkei 225 Index rose 1.5%, breaking key resistance. The Hang Seng Index struggled to hold gains after Donald Trump's order to end Hong Kong's special status with the US.

Gold Price Forecast: Extreme RSI Reading to Offer Bullish Signal

Posted: 14 Jul 2020 09:00 PM PDT

The Relative Strength Index (RSI) may offer a bullish for the price of gold if the indicator produces the extreme readings seen in February.

Silver Price Eyes Fresh 2020 Highs on US Dollar Weakness

Posted: 14 Jul 2020 07:00 PM PDT

Silver price eyes fresh 2020 highs as the US Dollar continues to slide against its major counterparts.

AUD May Fall on US-China Trade Deal Fears, Crude Oil Eyes OPEC Meeting

Posted: 14 Jul 2020 06:00 PM PDT

The Australian Dollar is groaning at revived US-China trade tensions as crude oil prices eye a key OPEC+ meeting. The Euro may tense up ahead of negotiations on a EUR750b aid package.

NZD/USD Rate Rebound Undermined by RSI Divergence

Posted: 14 Jul 2020 05:00 PM PDT

The Relative Strength Index (RSI) undermines the recent rebound in NZD/USD as the indicator flops ahead of overbought territory and appears to be diverging with price.

Japanese Yen May Rise on Asian Geopolitical Risks, BoJ Rate Decision

Posted: 14 Jul 2020 04:00 PM PDT

The Japanese Yen may get a tailwind from US-China geopolitical tension over Hong Kong and the Bank of Japan rate decision and publication of its Quarterly Outlook Report.

Dow Jones Price Outlook: Bank Earnings Warn of Unusual Recession Ahead

Posted: 14 Jul 2020 02:30 PM PDT

Earnings from some of the largest US banks were scattered across the board, but nearly every report warned of a prolonged recession in the wake of coronavirus.

Canadian Dollar Price Analysis: USD/CAD Range Remains for Now

Posted: 14 Jul 2020 11:38 AM PDT

USD/CAD has built into a range over the past month and despite the fireworks that have shown elsewhere, USD/CAD has yet to show signs of breaking out of this chain of mean reversion.

EUR/GBP Analysis: EURGBP Turns Sharply Higher After Failed Breakdown

Posted: 14 Jul 2020 11:00 AM PDT

EUR/GBP has rebounded sharply after the recent failed breakdown.

EUR/USD, EUR/JPY Bullish Breakouts Extend Gains - Key Levels

Posted: 14 Jul 2020 09:00 AM PDT

The Euro continues to post solid gains at the expense of the Japanese Yen and the US Dollar.

Dow Jones Price Analysis: Conflicted As Earnings Season Begins

Posted: 14 Jul 2020 08:45 AM PDT

As earnings season enters the spotlight and fears of a second wave continue to rise, will the Dow Jones favor the bulls or the bears?
Posted by: at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)