News Reviews USD 

USD Daily Review October 18, 2019

USD Daily Review for October 18, 2019 Euro Price Outlook: EUR/USD Soars Through Resistance- Breakout Targets Euro has broken above multi-month resistance with the rally taking price to levels not seen since August. Here are the levels that matter on the EUR/USD weekly chart.   US Dollar Price Outlook: USD Plummets into Multi-Year Trend Support The US Dollar is testing multi-year uptrend support with the index down more than 1.8% off the yearly highs. Here are the levels that matter on the DXY weekly chart.   Gold Prices Remain Subdued…

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Futures News Reviews 

Futures Daily Review October 18, 2019

Futures Daily Review for October 18, 2019 Oil futures settle higher after U.S. and Turkey agree on ceasefire in Syria Oil futures settled higher on Thursday, buoyed by news that the U.S. and Turkey agreed on a ceasefire in Syria, easing worries about tensions in the Middle…   JPY Futures: room for a correction lower In light of flash data for JPY futures markets from CME Group, open interest dropped once again on Thursday, now by almost 1.3K contracts. In the same   GBP Futures: upside looks exhausted Investors trimmed…

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News Reviews Stocks 

Stocks Daily Review October 18, 2019

Stocks Daily Review for October 18, 2019 The WeWork Circus And REIT Stocks The stock was touted in some circles as a potential savior for the office REIT market.   Stocks end higher after upbeat earnings, tentative Brexit deal U.S. stocks ended modestly higher Thursday, boosted after a round of generally upbeat corporate earnings and a tentative agreement by U.K. and European Union…   Stocks open slightly higher after tentative Brexit deal, economic data U.S. stocks opened with modest gains Thursday after U.K. and European Union leaders announced a draft…

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Gold News Reviews 

Gold Daily Review October 18, 2019

Gold Daily Review for October 18, 2019 Gold lacks any firm direction, stuck in a range around $1490 area Gold lacked any firm directional bias and seesawed between tepid gains/minor losses, around the $1490 region through the early European session on Thu   Gold Prices Remain Subdued in Bull Flag as USD Drops Through Support The US Dollar has fallen through the floor this week, helped along by Brexit dynamics; but Gold prices continue in a corrective bull flag formation.   Gold technical analysis: The yellow metal is nearing $1,500/oz…

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GBP News Reviews 

GBP Daily Review October 18, 2019

GBP Daily Review for October 18, 2019 Brexit Latest: Sterling (GBP) Spikes as Brexit Deal Agreed – What Next? Sterling soars on the news that the EU and the UK have agreed a deal. Next up the UK Parliament will vote on the deal on Saturday with the DUP still offside.   Brexit Latest: GBP/USD Surges as Brexit Deal is Done Brexit Latest: GBP/USD Surges as Brexit Deal is Done   Brexit Hits a Stumbling Block; GBP/USD Slips But Remains Underpinned Brexit negotiations continue with the EU said to be…

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JPY News Reviews 

JPY Daily Review October 17, 2019

JPY Daily Review for October 17, 2019 Australian Dollar Outlook: Will AUD/JPY Retreat From Resistance? AUD/JPY has launched yet another attempt to breach multi-month downward trend resistance after failing to break above it in September. Will two consecutive defeats precede a reversal lower?   US Dollar Uptrend at Risk, Japanese Yen May Gain as Stocks Sink The US Dollar may reverse the dominant uptrend from June after dismal US retail sales data. Ahead, the anti-risk Japanese Yen may gain as the Australian Dollar eyes jobs data.   USD/JPY technical analysis:…

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AUD News Reviews 

AUD Daily Review October 17, 2019

AUD Daily Review for October 17, 2019 Australian Dollar Outlook: Will AUD/JPY Retreat From Resistance? AUD/JPY has launched yet another attempt to breach multi-month downward trend resistance after failing to break above it in September. Will two consecutive defeats precede a reversal lower?   AUD/USD Breakout Higher in Focus as Australian Unemployment Drops The AUD/USD is attempting to break above key resistance again after Australian unemployment unexpectedly dropped. Aussie follow-through may have to wait for China 3Q GDP.   AUD/USD technical analysis: Sticks to upbeat Aussie jobs data-led strong gains…

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News Regulators Reviews 

Policy Daily Review October 17, 2019

Policy Daily Review for October 17, 2019 UK government sources say there will not be a deal tonight – BBC BBC’s Political Editor Laura Kuenssberg tweeted out that she was told by a British government source that there will not be a deal tonight. “Simply no   Fed’s Evans: Policy probably is in a good place after two rate reductions Chicago Federal Reserve bank president Charles Evans on Wednesday argued that proactively cutting rates in response to downside risks when rates are l   ECB’s Lane: Prepared to be patient…

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Futures News Reviews 

Futures Daily Review October 17, 2019

Futures Daily Review for October 17, 2019 GBP Futures: rally has further legs to go Open interest in GBP futures markets rose again on Wednesday, this time by around 2.1K contracts according to flash data from CME Group. In the same l   EUR Futures: further upside not ruled out In light of preliminary data from CME Group for EUR futures markets, open interest rose for the second session in a row on Wednesday, now by nearly 5.   Have a nice trading!

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