Category: Forex

Adam Button from ForexLive talks about the outlook for the Canadian dollar, why there is far too much worry about a hard Brexit and his favourite trade right now. LET’S CONNECT! Facebook ► http://facebook.com/forexlive Twitter ► https://twitter.com/ForexLive Forexlive Homepage ► http://www.forexlive.com/ Read More: What will happen with Brexit and Adam's top trade idea

EURUSD Talking Points: • While there have been some flashes of volatility in EURUSD, the bigger picture measures are painfully restricted• Key fundamental themes – from monetary policy, trade wars and growth – carry dangerous exposure for this benchmark pair• While volatility within controlled range is the most reasonable scenario, narrow boarders eventually fall to […]

Dollar Talking Points: • Monetary policy will take on a more significant fundamental roll into the new week with volatile Fed Speculation and the ECB decision• Scheduled event risk will place growth as a top theme with global PMIs for July on Wednesday and US 2Q GDP on Friday• Trade wars, earnings and geopolitical risks […]

The price of gold made a fresh six-year high Thursday, fueled by dovish Fed commentary. This stimulus comes on the back of recent, heavy, central bank buying of the precious metal alongside large gold ETF inflows. Read More: Gold Price Weekly Forecast: Fed Drives Next Leg Higher

Fear and loathing in Westminster Last week saw some pretty bleak forecasts from the UK’s office for budget responsibility (OBR).  The OBR said that UK borrowing would rise to £60 billion from £29.3bn. You . However, at the same time there was a UK amendment at the end of last week preventing a no-deal Brexit […]

Crude oil prices may continue to fall after suffering the largest weekly drawdown in two months as the outlook for global growth – and thereby energy demand – sours. Read More: Crude Oil Prices May Fall Further as Global Growth Outlook Dims

The US Dollar may find itself propelled higher if the IMF’s updated assessment of the world economy and an underwhelming US GDP data report stoke demand for liquidity. Read More: US Dollar May Gain if IMF Report, US GDP Data Fuels Haven Demand

The Canadian dollar fell 0.28 percent on Friday after the US dollar got its mojo back on the back of the clarification of NY Fed President John Williams comments from yesterday. The US dollar fell on Thursday after the NY Fed chief urged the central bank to be more pro active on monetary policy and […]

US stocks slipped from record highs following a wrath of mixed earnings results and despite a strong signal from Federal Reserve officials that they are ready to cut interest rates at the end of the month.  With over 15% of the companies in the S&P 500 already reporting second quarter results, investors are hardly celebrating […]

Forex news for North American trade on July 19, 2019: Markets: – Gold down $20 to $1425 – WTI crude up 65-cents to $55.95 – US 10-year yields up 3 bps to 2.05% North American trade started out with a miss on Canadian retail sales. That quickly sent USD/CAD up to 1.3110 on the headline […]

What’s coming to markets I stopped by BNNBloomberg to talk about the Canadian dollar, Brexit fearmongering and my favourite trade. Would you like us to make more videos? Let us know by . Read More: Video: CAD, the impossible Brexit and my top trade idea right now

Read More: Italian Bond Rally Hits a Hurdle as Election Uncertainty Grows

Read More: Fed Dove James Bullard Backs Quarter-Point Cut, Would Love to Be Chair

Read more on https://www.fxstreet.com Read More: Wall Street's benchmarks sag on dialled back Fed-cut expectations

Read more on https://www.fxstreet.com Read More: Gold falls back into the symmetrical triangle on mixed Fed sentiment

Gold prices moved up to another fresh 2019 high today, hitting a key Fibonacci extension in the process. What does this mean for the near-term gold price outlook? Read More: Gold Price Rally Hits Forecast Target – What’s Next for XAU/USD?

The Australian Dollar has shared fully in the broad US Dollar weakness seen as markets become more certain that US rates are going lower. Read More: Australian Dollar Gains Should Hold As Markets Still Think Fed Will Cut

article attached to this archived webinar (includes static charts): https://www.dailyfx.com/forex/video/live_events/2019/07/18/us-dollar-price-action-setups-eur-usd-gbp-usd-usd-cad-aud-usd-js50-forecast.html -Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Visit DailyFX: https://www.dailyfx.com-Twitter: https://twitter.com/DailyFX-Facebook: https://www.facebook.com/DailyFX/-LinkedIn: https://www.linkedin.com/company/dailyfx-com #DailyFX Welcome to DailyFX where subscribers get access to actionable and authoritative views on global financial markets. Why subscribe?-Cutting edge real-time insight on actionable market developments-Clearly explained videos to help you build your forex trading strategy […]

Fed Talking Points: • Monetary policy was the top fundamental driver this past session as Fed speak leverage 50bp cut forecasts • Gold rallied and the Dollar dropped, which of these moves can reasonably be expected to run?• Trade wars continue inch closer to a US-EU standoff, earnings didn’t set risk trends alight – for […]

President Donald Trump weighed into a simmering debate over the Federal Reserve interest rate policy, saying Friday that the central bank needs to end its “crazy” tightening moves. In a series of tweets, the president addressed an unusual controversy stemming from a speech Thursday that New York Fed President John Williams delivered. Market participants initially […]

U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed President John Williams that the central bank would lower interest rates this month. Microsoft Corp (MSFT.O), America’s most valuable company, gained 2.2% as strength in its cloud business helped […]

One of Tesla's Wall Street skeptics now sees it headed to a nearly profitable second-quarter earnings report. Read More: A big Tesla skeptic on Wall Street raises his estimate for second-quarter earnings

Credit card issuer American Express beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers. Read More: American Express tops profit estimates on higher card spending; expenses a worry

Comments from Deputy Secretary of the Treasury The foreign minister going to New York with an offer was a pretty clear sign, I’d say. ForexLive Read More: US Treasury's Mandelker says seeing signs Iran does want to negotiate

WTI has been sold off in New York trade at 1200/1300 GMT all week The timing is part coincidence, part common sense but the consistent weakness in crude at the same time each day this week is notable. Read More: The selling in oil has started at the same time all week

Read More: Forex – Dollar Stabilizes After Williams Inflames Rate Hopes

Read More: Forex – U.S. Dollar Rises, Even as Bigger Fed Rate Cut Expected

Read more on https://www.fxstreet.com Read More: Gold retreats from 6-year highs, drops to 25

Read more on https://www.fxstreet.com Read More: USD/JPY techncial analaysis: Greenback off monthly lows against Yen, sub-107.83