Gold News Reviews 

Gold Daily Review August 21, 2019

Gold Daily Review for August 21, 2019 Gold Price and Silver Outlook Remains Constructive So Far Thus far since peaking last week precious metals have weakened a bit and may weaken some more near-term, but overall price action suggests it is only a pullback.   Gold prices tightening up as traders await the Fed’s next call Gold spot and futures climbed a touch on Tuesday, with spot prices rising 0.72% and travelling between a range of between $1,493.18 and $1,508.70 whil   Gold retreats from daily highs, continues to trade…

Read More
GBP News Reviews 

GBP Daily Review August 21, 2019

GBP Daily Review for August 21, 2019 US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, NZD/USD The US Dollar is in focus ahead of the start of Jackson Hole, and this webinar looks at setups on either side of the matter.   GBP/JPY, GBP/USD, EUR/GBP Consolidate Losses After Latest Brexit News A lack of new, negative developments around Brexit have given the GBP-crosses some room to rebound in the short-term.   GBP/USD Dips, EUR/USD Eyes Italian Politics, AUD/USD Bounces on RBA – US Market Open GBP/USD Dips, EUR/USD Eyes Italian…

Read More
Heads-up News 

Frankfurt Trading Session Heads Up Wednesday, August 21, 2019

Frankfurt opening news digest US Dollar May Rise vs Euro if FOMC Minutes Cool Fed Rate Cut Bets The US Dollar may rise vs the Euro if the FOMC meeting minutes cool rising rate cut bets amid growing downside risks to the global economy.   Stocks Mixed, Gains Narrow. Italian Politics Add To Lengthy Worry List Local equity markets put in a nervy mid-week performance as investors looked ahead to Jackson Hole and worried a little about Eurozone stability as another election looms for Italy’s top political job   Gold…

Read More
EUR News Reviews 

EUR Daily Review August 21, 2019

EUR Daily Review for August 21, 2019 EUR Futures: scope for a near term rebound On light of preliminary data for EUR futures markets from CME Group, investors scaled back their open interest positions by nearly 1.7K contracts at t   US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, NZD/USD The US Dollar is in focus ahead of the start of Jackson Hole, and this webinar looks at setups on either side of the matter.   GBP/JPY, GBP/USD, EUR/GBP Consolidate Losses After Latest Brexit News A lack of new, negative…

Read More
Heads-up News 

Frankfurt Trading Session Heads Up Wednesday, August 21, 2019

Frankfurt opening news digest What Key Recession Indicators Are Telling Us Today What are recession indicators telling us now? What does that mean for investors?   US Dollar Technical Outlook Versus PHP, SGD, MYR and INR Bearish? Will the US Dollar see near-term losses against the Philippine Peso, Singapore Dollar and Malaysian Ringgit? Technical signals seem to point in that direction as FOMC minutes near.   Crude Oil Prices, NOK May Fall on Norway Sovereign Wealth Fund Data Crude oil prices and the Norwegian Krone may fall if the world’s…

Read More
JPY News Reviews 

JPY Daily Review August 20, 2019

JPY Daily Review for August 20, 2019 AUD/JPY remains sidelined above 72.00 after RBA minutes AUD/JPY is barely moving in response to the minutes from the Reserve Bank of Australia’s (RBA) August meeting released at 01:30 GMT. The currency pair   USD/JPY: Bulls in control with eye on the 107 handle USD/JPY holds in the newly acquired 106 territories, boosted again overnight in a risk-on environment where US stocks moved sharply higher. Trump anno   GBP/JPY, GBP/USD, EUR/GBP Consolidate Losses After Latest Brexit News A lack of new, negative developments…

Read More
Heads-up News 

Tokyo Trading Session Heads Up Tuesday, August 20, 2019

Tokyo opening news digest United States: Politics Continue To Weigh On Yield Curve Forward-looking highlights from GeoQuant’s high-frequency political risk intelligence platform.   Political Turmoil Creates Profit Opportunities AES Corp announced guidance-beating second quarter results. Telefonica S.A. posted accelerating revenue and cash flow growth that topped most analysts’ estimates. CLP Holdings affirmed long-term profit targets and raised its dividend. China Mobile (CHL) added 10 million new 4-G wireless customers.   USD Price Outlook: US Dollar Eyes FOMC Minutes & Jackson Hole Forex traders could experience significant US Dollar volatility over…

Read More
AUD News Reviews 

AUD Daily Review August 20, 2019

AUD Daily Review for August 20, 2019 AUD/JPY technical analysis: Buyers struggle to cross 10-day EMA despite bullish MACD Despite clearing 23.6% Fibonacci retracement of July-August declines and having a bullish MACD signal, AUD/JPY struggles to cross 10-day EMA.   AUD/USD stays below 0.6800 ahead of RBA minutes With the improvement in global risk sentiment and the US Dollar (USD) rise confusing the Aussie traders, AUD/USD stays below 0.6800 ahead of RBA minutes.   USD/JPY and AUD/USD Forecast August 20, 2019 For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical…

Read More
Heads-up News 

Sydney Trading Session Heads Up Tuesday, August 20, 2019

Sydney opening news digest This Fund Turns Plunging Interest Rates Into A Growing 8.4% Dividend This fund trades at a huge discount that’s going to disappear soon.   Here’s How Another 50% Drop In Uber Stock Could Happen Uber (NYSE: UBER) stock has declined by about 24% since it debuted in May 2019, amid significantly slowing revenue growth and mounting losses. In this analysis, we break down some of the key factors driving the company’s valuation and outline a scenario (shown in Blue), which could see the stock …  …

Read More
Crypto News Reviews 

Bitcoin News Digest Tuesday, August 20, 2019

Bitcoin Dreams Kevin Werbach considers the pitfalls and the potential of Bitcoin and blockchain, explored in three recent publications.   Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates Cryptocurrencies like Bitcoin will help drive gold price higher, according to veteran frontier markets investor Mark Mobius   Bitcoin Faces Further Losses After Rejection Near $11K Price Hurdle Bitcoin is losing altitude after rejection near the psychological hurdle of $11,000 earlier today, and may fall below $10,000 in the next 24 hours. T   Hitting This Key Area…

Read More