Home / Forex News (page 432)

Forex News

Gold at Risk on Fed Outlook But Bank Crisis May Interfere

Having trouble trading Gold? This may be why. At first blush, the landscape looks treacherous for gold prices in the fourth quarter. Federal Reserve Chair Janet Yellen all but promised an interest rate hike at the press conference following September’s FOMC meeting. Using unusually strong language, the central bank chief …

Read More »

British Pound Weakness to Abate on Less-Dovish BoE

Having trouble trading the British Pound? This may be why. The long-term outlook for the British Pound remains tilted to the downside as the U.K. remains on course to depart from the European Union (EU), but the bearish sentiment surrounding the sterling may abate over the remainder of the year …

Read More »

US Dollar Faces Election, Fed Waffling, Risk in 4Q

Having trouble trading the US Dollar? This may be why. From Complacency to Chaos? The previous quarter marked one of the most extreme periods of inactivity for the global markets in decades. Despite the narrow ranges for exchange rates and asset prices, however, the fundamental tension continued to build beneath …

Read More »

Fundamental and Technical 4Q Outlook: Will Markets Transition from Quiet to Active?

We have closed out one of the most subdued quarters of trading in recent memory. However, the congestion isn’t likely to last for much longer as fundamental pressure taxes the closing technical boundaries across the market. What catalysts can force the explosion and what direction will the markets take? US …

Read More »

Gold Prices Fall, Crude Oil Gains Amid Easing Deutsche Bank Fears

Talking Points: Gold prices fall, crude oil gains with stocks amid risk appetite recovery Sentiment firmed as Deutsche Bank neared settlement with US regulators Commodities may fall if US ISM survey boosts Fed rate hike speculation Gold prices declined after Agence France-Presse reported that Deutsche Bank (DB) is close to …

Read More »

EUR/GBP, GBP/JPY, & GBP/USD near Breaking Points as Brexit Fears Resurface

Talking Points: – UK Prime Minister Theresa May signals triggering of Article 50 by March 2017. – Increasingly looking like a ‘hard Brexit’ is a likely outcome. – See the DailyFX economic calendar for the week of October 2 to October 7. The British Pound is back in the news …

Read More »

FTSE 100: Bull Pattern Breakout to Start Q4

What’s inside: The FTSE 100 is breaking out of inverse ‘head-and-shoulders’ Looking for a move to the 2015 record high and higher on confirmed breakout A move back below Friday’s low and a short-term trend-line would negate bullish developments On Wednesday we made note of a bullish pattern developing in …

Read More »

COT-4th Most Selling by CAD Speculators Since at Least 2002

Yen speculators nearing record short position again 4th most 1 week week selling by CAD speculators since at least 2002 Record ownership profile in MXN abates For more analysis and trade setups, visit SB Trade Desk Subscribe to Jamie Saettele’s distribution listin order to receive several free reports per week …

Read More »

AUD to Eye Sept High on Upbeat RBA; GBP Weighed by Brexit Timeline

Talking Points: – AUD/USD to Stage Larger Recovery on Wait-and-See RBA, Rebound in Retail Sales. – GBP/USD Weighed by ‘Brexit’ Timeline; Retail Sentiment Approaches 2003 Extreme. Currency Last High Low Daily Change (pip) Daily Range (pip) AUD/USD 0.7666 0.7681 0.7641 8 40 AUD/USD Daily Chart – Created Using Trading View …

Read More »

Gold Prices Still Flagging, Fall to Deeper Support

Talking Points: Gold prices continue to trade within the bull flag formation that’s been operative since early-July. While the bull flag denotes continuation potential of the move-higher, prices have been under pressure after setting another ‘lower-high’ to kick off last week. If you’re looking for trading ideas, check out our …

Read More »