Start your trading prep with a review of last week’s price action and an overview of catalysts coming up. [Read More...]
Silver Price Analysis: The pullback in the dollar has given silver the chance to climb
Read more on https://www.fxstreet.com [Read More...]
Swiss Franc is the Only Safe Haven Currency. The Franc is Starting to Distance Itself from the Dollar and Yen.
According to conventional market wisdom, there are three safe haven currencies: the Swiss Franc, Japanese Yen, and US Dollar. It is to these currencies that investors flock whenever there is a crisis, or merely an outbreak of uncertainty, and for much of the period following the collapse of Lehman Brothers, the three were closely correlated. As you can see from the chart below, however, one of these currencies has begun to distinguish itself from the other two, leading some to argue that there is now only one true safe haven currency: the Swiss Franc. What’s not to like about the Franc? It boasts a strong economy, low inflation, and low unemployment. Unlike the US and Japan, Switzerland is not plagued by a high national debt and … [Read More...]
Gold, Silver Price Forecast: Will 100-Day SMA Hold or Break?
Gold and silver prices are consolidating near their 100-Day Simple Moving Averages (SMAs) at US$ 1,870 and US$ 22.80 respectively. The US Dollar is closely eyed. [Read More...]
Dollar near two-month high amid economic, political risks – Reuters UK
Dollar near two-month high amid economic, political risks Reuters UKFOREX-Dollar near 2-month high as economic recovery risks loom ReutersFOREX-Dollar hovers near two-month high amid economic, political risks | Kitco NEWSDollar retreats from two-month high as stocks rally CNBCFOREX-Dollar retreats from two-month high as stocks rally The Sun DailyView Full Coverage on Google News [Read More...]
Dow, Nasdaq Rally as USD Pulls Back to Start a Busy Week
It's a big week as the door closes to Q3 and opens to Q4, and we have a busy economic calendar to work with. [Read More...]
GBP Weekly Forecast – Key Week for Brexit Negotiations
A wage subsidy plan helped stem the pound’s losses last week. So, what will happen when pound traders focus on Brexit this week? [Read More...]
AUD/USD: Consolidation ahead of a slump towards 200-DMA at 0.6774 – Commerzbank
Read more on https://www.fxstreet.com [Read More...]
Don’t be Fooled by the Pullback in the Dollar Because….
Don’t be fooled by the pullback in the U.S. dollar today because the greenback could still strengthen further before the end of the year. Nearly all of the major currencies rebounded because of local factors and not a shift in appetite for U.S. dollars or change in economic fundamentals. There’s been no data so far this week and stocks consolidated after yesterday’s slide. The strength of USD/JPY, which is hovering around 114 and near 1.5 year highs is a confirmation of the dollar’s dominance. To answer the question of whether the dollar will get stronger, we have revisit the 4 main reasons why its been rising this year. 4 main reasons why the dollar keeps getting stronger 1. Good Data 2. Rising Interest Rates 3. Equity Market Pressure 4. Trade Policy Three … [Read More...]
NO QE3: What are the Implications for the Dollar?
The verdict is nearly in; there will be no QE3. The second round of quantitative easing (“QE2”) will expire at the end of this month, and while it will not be unwound for quite some time, the Fed has indicated that it will not be followed by yet another round. The question on the minds of forex traders, of course, is what does this mean for the Dollar? In his most recent press conference, Ben Bernanke, himself, indicated that QE3 was unlikely. According to a survey conducted by Bloomberg News, the majority of FX analysts (65%) believe him. Simply, the circumstances don’t support further easing. To be sure, the unemployment rate remains high, and the economy is teetering on the verge of double-dip recession. … [Read More...]
Gold Price Holds Steady as Fed Balance Sheet Approaches June Peak
The price of gold holds near the monthly low ($1849) as the Federal Reserve’s balance sheet widens for the second week to reach its highest level since June. [Read More...]
Exchange rate remains stable at forex markets, interest rate cut could further weaken naira – Nairametrics
Exchange rate remains stable at forex markets, interest rate cut could further weaken naira Nairametrics [Read More...]
US Dollar Rose, Capital Fled Emerging Markets. SGD, IDR, PHP, MYR at Risk?
The US Dollar soared against emerging market and ASEAN currencies as capital fled developing economies in a sign of rising concern about the global growth outlook. Will this continue? [Read More...]
HLHB Trend-Catcher System Update (September 21 – 25)
Back-to-back losses! Though the HLHB didn’t lose as much as it did last week, the trend-catcher still ended up in the red. A few open trades are looking good for the week ahead though! [Read More...]
Forex Today: Risk-off, Brexit, and a pinch of hope
Read more on https://www.fxstreet.com [Read More...]
Emerging Market Currencies Brace for Correction Due to Market Uncertainty and Summer Slowdown
“It was the spring of hope, it was the winter of despair,” begins Charles Dickens’ The Tale of Two Cities. In 2011, the winter of despair was followed by the spring of uncertainty. Due to the earthquake/tsunami in Japan, the continued tribulations of Greece, rising commodity prices, and growing concern over the global economic recovery, volatility in the forex markets has risen, and investors are unclear as to how to proceed. For now at least, they are responding by dumping emerging market currencies. As you can see from the chart above (which shows a cross-section of emerging market forex), most currencies peaked in the beginning of May and have since sold-off significantly. If not for the rally that started off the year, all … [Read More...]
Forex Vs. Cryptocurrency In 2020: Are Forex Traders Leaving In Favor Of Crypto? – Benzinga
Forex Vs. Cryptocurrency In 2020: Are Forex Traders Leaving In Favor Of Crypto? Benzinga [Read More...]
S&P 500 Price Forecast: US Presidential Election May Spook Volatility
The S&P 500 index may struggle with a consolidation in view of several headwinds. The US presidential election may cool risk appetite and spook volatility. [Read More...]
Markets Week Ahead: US Dollar, Gold , Dow Jones, Sterling, US Stimulus, NFPs
The US Dollar soared as the Dow Jones and S&P 500 extended losses, gold prices fell. Investors may be growing increasingly impatient for further US fiscal stimulus. The British Pound faces more Bre… [Read More...]
CAD Weekly Review (Sept. 21 – 25)
With a lack of major news from Canada, risk sentiment & counter currency flows were the main drivers for the Loonie’s mixed performance this week. [Read More...]
- 1
- 2
- 3
- …
- 12
- Next Page »