DailyFX - Feeds all

DailyFX - Feeds all

US Dollar Perks Up as Retail Sales, Sentiment Data Top Forecast

Posted: 16 Oct 2020 07:30 AM PDT

USD price action is attempting to turn higher with the US Dollar reacting positively to better-than-expected US retail sales and consumer sentiment data just crossing market wires.

How Will Markets React to the 2020 Election?

Posted: 16 Oct 2020 07:00 AM PDT

A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.

South African Rand Dollar Forecast: USD/ZAR Indecisive as Political Pressure Intensifies

Posted: 16 Oct 2020 04:33 AM PDT

USD/ZAR remains rangebound ahead of presidential election and fears of economic recovery

FTSE 100 - Latest Recovery Heading into a Cluster of Resistance as EU/UK Trade Talks Unfold

Posted: 16 Oct 2020 02:30 AM PDT

The FTSE 100 is trading in positive territory today after pressing down on a multi-month low on Thursday. A collection of resistance levels lie ahead.

Brexit Latest: GBP/USD, EUR/GBP Focused on Boris Johnson Decision

Posted: 16 Oct 2020 01:00 AM PDT

Another volatile day looks to be on the cards for the Pound as market participants await PM Johnson's Brexit response.

EUR/USD Outlook: Vulnerable to Further Losses on Muted Inflation

Posted: 15 Oct 2020 11:30 PM PDT

EUR/USD at risk of extending its retreat from the monthly high if upcoming inflation data put further pressure on the ECB to adjust its monetary policy settings.

Crude Oil, Gold Prices May Fall on US Retail Sales and Sentiment Data

Posted: 15 Oct 2020 10:00 PM PDT

Crude oil prices trimmed losses on rising US stimulus bets. However, WTI and gold prices may fall on disappointing retail sales and consumer sentiment figures as the week concludes.

Dow Jones Rebounds on Stimulus Hopes, Nikkei 225 May Lead Asia Lower

Posted: 15 Oct 2020 07:00 PM PDT

Wall Street stocks had a 'V-shaped' rebound after President Trump called to push through the fiscal stimulus. US jobless claim data disappointed. Japanese stocks may trade lower.

USD/CAD Extends Rebound Following Bullish Outside Day Price Formation

Posted: 15 Oct 2020 05:30 PM PDT

USD/CAD extends the rebound from the monthly low (1.3099) after carving a bullish outside day (engulfing) candle formation earlier this week.

AUD/USD Dips on Traders Recalibrating Fiscal Stimulus Risks. Biden Leads in Polls

Posted: 15 Oct 2020 04:00 PM PDT

AUD/USD may continue to decline as traders reassess the risks of a delayed fiscal stimulus package amid a spike in Covid-19 cases. Biden continues to lead in the polls.

ASX 200 Price Forecast: Aussie Index Tags Resistance, Will it Rally?

Posted: 15 Oct 2020 02:30 PM PDT

The ASX 200 has been rangebound since early June, but has approached the topside of its range and threatens a bullish break out. Can bulls press higher or will resistance prevail yet again?

Copper Price Forecast: Will Chinese GDP Push Copper to New Highs?

Posted: 15 Oct 2020 02:00 PM PDT

While supply-side disruptions have eased, copper prices continue near multi-year highs and upcoming Chinese GDP data could give copper bulls fuel to push higher

S&P 500 Bolstered by VIX Compression as Election Fear Fades

Posted: 15 Oct 2020 01:00 PM PDT

S&P 500 price action has gravitated lower over recent trading sessions as stocks slide due to reduced fiscal stimulus optimism, but fading election fears might support the broader equity index.

Central Bank Watch: BOC, RBA, & RBNZ Rate Expectations; AUD, CAD, NZD Positioning Update

Posted: 15 Oct 2020 11:30 AM PDT

It looks increasingly like that the RBNZ will move to negative interest rates in 2021. Meanwhile, the RBA may be ready to move again this year.

British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP

Posted: 15 Oct 2020 10:00 AM PDT

GBP/USD may be brewing up a bear flag formation but nonetheless, there may be greener pastures elsewhere for GBP traders.
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