EUR News Reviews 

EUR Daily Review August 20, 2019

EUR Daily Review for August 20, 2019 US Dollar May Rise vs Euro if Eurozone Inflation Data Undershoots The US Dollar may rise at the expense of the Euro if Eurozone inflation data misses estimates and fuels ECB rate cut bets and expectations of quantitative easing being reintroduced.   EUR Futures: negative stance unchanged Open interest in EUR futures markets reversed two drops in a row and increased by around 2.2K contracts on Friday. Volume, instead, extended the chopp   EUR/JPY, USD/JPY Price Outlook: Paused Downtrend Move the key tech…

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Heads-up News 

Frankfurt Trading Session Heads Up Tuesday, August 20, 2019

Frankfurt opening news digest USDSEK, USDNOK Reach 17-Year Highs as Recession Fears Rise USDSEK and USDNOK are both hovering at 17-year highs as US Dollar strength prevails in an environment of recessionary fears and uncertainty.   Australian Dollar Watchers Must Keep Labor Market Strength In Mind The Australian Dollar has wilted as markets price in further rate cuts even as the OCR hovers at just 1%. Those cuts may come, but labor market strength may have to wane first.   Australian Dollar Focus Elsewhere as RBA Minutes Stick to Script…

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JPY News Reviews 

JPY Daily Review August 19, 2019

JPY Daily Review for August 19, 2019 Canadian Dollar Price May Reverse Versus USD, Yen at Risk Next? The Canadian Dollar may be getting ready to reverse against the US Dollar after increasingly bearish USD/CAD technical signals. Ahead, the Yen may weaken as AUD and NZD gain.   GBP/JPY technical analysis: Looks north with inverse head-and-shoulders breakout on 1H GBP/JPY is currently trading at 129.27, representing marginal gains on the day, and could rise to 130.00 in a day or two, as short duration charts are   USD/JPY technical analysis:…

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Heads-up News 

Tokyo Trading Session Heads Up Monday, August 19, 2019

Tokyo opening news digest Fundamental Trading Forecast: Trade Wars, Recession, Fed Trouble – The Fed Symposium’s Pick Liquidity is a principal market concern this week as we enter the belly of the summer trading lull   Dow Jones Forecast: HD Earnings Could Spark Stock Volatility The Dow Jones will look to Home Depot (HD) earnings on Tuesday morning for commentary on consumers’ appetite to spend and insight on trade war concerns   AUD/JPY technical analysis: Buyers struggle to cross 10-day EMA despite bullish MACD Despite clearing 23.6% Fibonacci retracement of…

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AUD News Reviews 

AUD Daily Review August 19, 2019

AUD Daily Review for August 19, 2019 AUDUSD Rate Outlook Hinges on Reserve Bank of Australia (RBA) Minutes The Reserve Bank of Australia (RBA) Minutes may keep AUDUSD afloat should the central bank endorse a wait-and-see for monetary policy.   AUD/USD: Sidelined despite the rise in Aussie 10-yr bond yield AUD/USD is currently trading unchanged on the day around 0.6777, having hit a high of 0.6788 a few minutes before press time. The yield on the Austral   AUD/NZD: Bulls in control as attention switches back to central banks AUD/NZD…

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Heads-up News 

Sydney Trading Session Heads Up Monday, August 19, 2019

Sydney opening news digest Is The Chinese Slowdown Set To Eat Over $2.5 Billion From ArcelorMittal’s Revenue Base? ArcelorMittal (NYSE: MT) has successfully added more than $19 billion to its revenue base from 2016 to 2018, driven by increased steel shipments and higher price realization. However, with China going through a slowdown, steel demand from China is expected to decline by 0.5% – 1.5% in 2019, in …   A TEMPEST OR A SOFTLY WHISTLING TEAPOT? Are recessionary indicators flashing signs of caution or are they pointing us over the…

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Crypto News Reviews 

Bitcoin News Digest Monday, August 19, 2019

‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay Metallicus, the startup behind the peer-to-peer payments platform Metal Pay, received an undisclosed angel investment from the youngest bitcoin millio   Bullish For Bitcoin Price: Ex-Central Bankers Advocate For “Free Money” The past few months have been an absolute whirlwind for Bitcoin and other crypto assets. Ever since the start of 2019, the cryptocurrency class has   Bakkt Effect? Bitcoin Price Spikes to $10.7k, Key Technical Indicators Lit Since the announcement of Bakkt launch on August 17, the bitcoin…

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News Regulators Reviews 

Policy Daily Review August 19, 2019

Policy Daily Review for August 19, 2019 Euro May Fall as ECB Easing Looms, Italy Flirts with Early Elections The Euro may fall as dovish ECB meeting minutes and soft PMI data set the stage for easing in September while Italy flirts with early elections.   UK: Leaked government document foresees shortage of food and medicine in no-deal Brexit According to a leaked government document detailing Operation Yellowhammer, the UK’s preparation guide to a no-deal Brexit, there will likely be a sho   Eurozone: PMI and ECB minutes – Danske…

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News Oil Reviews 

Oil Daily Review August 19, 2019

Oil Daily Review for August 19, 2019 Top Market Charts for Next Week: Dollar, Gold, Oil, Dow and More An unexpected buoyancy in volatility is the common feature across the global markets landscape. More significant market swings have earned a few benchmarks like Gold and Yields remarkable trends, while it has pushed the likes of the Dollar, Dow and Oil to the brink of more substantial breakouts.   Crude Oil Price Outlook Bearish, Eyeing January Lows on Long Bets Crude oil prices may extend the dominant downtrend on bearish technical…

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News Reviews USD 

USD Daily Review August 19, 2019

USD Daily Review for August 19, 2019 Trading Forecast: EURUSD and Dow Bearings Rest on Jackson Hole, Trump Scheduled event risk is starting to give way to sentiment and systemic fundamental concerns a prospect that threatens volatility at a time of year when quiet is supposed to prevail. Trade wars are finding guidance from headlines that President Trump regularly tops, while recession fears are tied more closely to   Top Market Charts for Next Week: Dollar, Gold, Oil, Dow and More An unexpected buoyancy in volatility is the common feature…

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