something interesting

<  BACK TO Market Analysis

Forex Week Ahead

Forex_week-ahead-FED-BoJ_Punchbowl_FXPIG

A fourth week of heightened volatility will see financial markets continue to focus on the coronavirus spread across Europe and the US.  The economic impact of the virus is deepening, and expectations are high for the week ahead to see another wave of massive monetary easing and for governments to inch closer to a fiscal response.  The base-case is starting to price in a recession for the US and the length of it will likely determine how long we will see risk aversion remain in place.

A lot of attention will fall on the Fed’s rate decision as economists have a wide range of rate cut forecasts that range between a 25-basis point cut to a full percentage point.  The downside scenario on the economy appears likely and the Fed will not want to waste ammunition.  The Fed will likely lean towards a more aggressive cut and signal its latest QE program will take the balance sheet well beyond the $5 trillion mark this year.  Risky assets will eventually benefit from all this global stimulus, but until a better understanding is reached on the how long this virus will impact everyday life, travel and trade, risk aversion could remain the dominant trend.

In addition to the Fed and BOJ, rate decisions will be had in Switzerland, Norway, Indonesia, Philippines, Taiwan, Turkey and Saudi Arabia.  Globally central banks seem united in cutting rates further and delivering additional stimulus.  The punchbowl will be overflowing with stimulus and for the risk rally to occur it will need to be accompanied with weakening in the spread of the coronavirus for risk appetite to fully return.

Fed

The race to zero could come true at the upcoming Fed policy meeting.  Following the February 3rd intra-meeting rate cut, the Fed is about to quickly show how quickly concerned they are with the stresses in funding markets.  The Fed will probably be convinced the US will enter a recession and the severe tightening of financial conditions will force them to remain on the offensive with their bond buying efforts.  The balance sheet will go grow tremendously and when the markets are beyond the virus, risky assets will be well supported.

Mexico

Mexico’s economic continues to crumble as coronavirus global pandemic continues to intensify.  The Mexican central bank is expected to cut rates however the government may have little room to deliver fiscal support.  Mexico’s peso will try to rebound following one of the worst week’s since Trump won the presidency.

UK

Coordinated easing from the Bank of England and the government this week as policy makers began their defense of the economy as the coronavirus properly announces its arrival on UK shores. The measures were substantial but only in line with the minimum being demanded by the markets, as seen by the rather timid response. More measures from both will likely be warranted in the coming months, with the BoE potentially doing so as early as the next meeting in a couple of weeks.

Switzerland

The SNB have rumoured to have been active in currency markets recently as they attempt to ease the pressure on the franc, which has become a favourite again in this risk averse environment. The central bank may be tempted to cut even deeper into negative territory to -1% next week but markets aren’t currently pricing a move in. Instead they may adopt more unconventional measures to support the economy through these tough times for the global economy, as we’ve seen from others, while continuing to manage the currency in a way all too familiar to them.

ECB

The ECB disappointed traders this week by focusing on measures designed to ease the strain on small and medium sized businesses, rather than feed the markets another meaningless 10 basis point rate cut. The central banks toolkit is looking very depleted but more will likely be expected of it. Given the trend for emergency rate cuts, we may get further measures from the central bank in the coming weeks, possibly even that rate cut if traders don’t back down. Given the state of the eurozone economy even prior to the Coronavirus outbreak, it is arguably the most in need of support, especially Italy which has among the least fiscal headspace. Policy makers will have to be more proactive in the coming weeks or the recession there could be brutal.

Turkey

The CBRT is expected to remain in easing mode, with markets pricing in a 50 basis point cut, in line with many other central banks in recent weeks. The central bank is contending with a weakening currency though so may be forced to play it carefully or risk triggering another spike in inflation. They’ve got away with it until now but these markets are less forgiving.

South Africa

The South African central bank is poised to follow the rest of the world and deliver rate cuts at the March 19th meeting. The rand has pummeled along with all the emerging market currencies.  The outlook for the South African economy is rather bleak.  The economy is in a technical recession and unemployment is at the global financial crisis high.  South Africa has high inflation but the SARB can afford to cut rates again from the relatively high 6.25% interest rate.

Hong Kong

Economy mired in a deep recession due to coronavirus slowdown. On the plus side, protests have subsided to almost nil. No significant data or events next week.

Risk

External. Covid-19 weighs on the economy and national champions like Cathay Pacific are bleeding. Sentiment on equity market very fragile.

China

Feb Retail Sales are due Monday. Loan prime Rate Friday. Expect a rate cut. Investors pricing a recovery China for now as new coronavirus cases are plummeting to zero. Faces an external demand shock from coronavirus. The winner from oil price collapse.

Risk

A resurgence of coronavirus sees double dip. Lots of good news priced in. Authorities tightly managing stock market and currency volatility. Stocks could suddenly collapse if authorities step aside.

India

A huge winner from oil price collapse will help the RBI stagflation fight. No data of significance. Credit markets under strain post the RBI takeover of Yes Bank

Risk

A sudden spurt of coronavirus cases overwhelms health system. Fall in INR and Nifty as investors flee. Credit markets very tight as Yes Bank failure delivers another blow to banking system. Potential for domino in the financial sector.

Australia

Panic buying of consumer staples as coronavirus cases increase. The slowdown in the domestic economy as schools are shut and large gatherings banned. Positive is a huge fiscal stimulus and an RBA rate cut.

Risk

A jump in risk aversion sentiment (probably due to coronavirus) could see AUD sell-off resume with force and also hit the stock market. The oil price collapse has flowed to the resource sector, pummelling stocks and the AUD. Increase in virus concerns will weigh disproportionately on Australia.

New Zealand

Very quiet on the data front next week, with high beta to China the main risk. Containment measures appear to be working well with low number of cases. Like AUD, NZD has been heavily sold and remains vulnerable to further resource price drops. No sign of housing market stress or job losses.

Japan

Doubts persist over true numbers of coronavirus cases. BoJ interest rate decision Thursday. Expect no cut but increased QE. Fiscal stimulus package from finance ministry imminent. No data of note.

Risk

Stock markets have been among the worst-performing in Asia. Extremely sensitive to increased coronavirus risk internationally. Possible postponement of cancellation of Olympics deals another huge blow to the economy.

Oil

Oil price volatility is not going anywhere anytime soon.  Oil prices resumed their bearish trend after President Trump reminded markets that travel bans are likely to deliver further demand destruction for crude.  Crude prices will be subject to wild swings on any surprise disruption in the Middle East or if OPEC + somehow decides to put an emergency meeting on the calendar.  The President will try save the shale industry and will provide some support.  His first step was to announce the purchase of large quantities of oil for their strategic reserves.  He will likely offer more support in the coming weeks.

Gold

Gold investors are wondering when will the scramble for cash end.  The patience of many gold bulls has been lost and prices could soon see a very quick snapback once a wrath central bank rate decision signal a lower interest rate environment is here to stay.  Gold’s safe haven status was dealt a blow over the last week.

Bitcoin

Bitcoin is having a terrible month that is seeing many investors panic and get out of the crypto space.  Bitcoin could remain under pressure until we see markets have an appetite for risky assets.  Bitcoin volatility should remain high and could see wide trading target the $3,500 to $6,300 range over the next few weeks.

Source: marketpulse

A fourth week of heightened volatility will see financial markets continue to focus on the coronavirus spread across Europe and the US.  The economic impact of the virus is deepening, and expectations are high for the week ahead to see another wave of massive monetary easing and for governments to inch closer to a fiscal response.  The base-case is starting to price in a recession for the US and the length of it will likely determine how long we will see risk aversion remain in place.

A lot of attention will fall on the Fed’s rate decision as economists have a wide range of rate cut forecasts that range between a 25-basis point cut to a full percentage point.  The downside scenario on the economy appears likely and the Fed will not want to waste ammunition.  The Fed will likely lean towards a more aggressive cut and signal its latest QE program will take the balance sheet well beyond the $5 trillion mark this year.  Risky assets will eventually benefit from all this global stimulus, but until a better understanding is reached on the how long this virus will impact everyday life, travel and trade, risk aversion could remain the dominant trend.

In addition to the Fed and BOJ, rate decisions will be had in Switzerland, Norway, Indonesia, Philippines, Taiwan, Turkey and Saudi Arabia.  Globally central banks seem united in cutting rates further and delivering additional stimulus.  The punchbowl will be overflowing with stimulus and for the risk rally to occur it will need to be accompanied with weakening in the spread of the coronavirus for risk appetite to fully return.

Fed

The race to zero could come true at the upcoming Fed policy meeting.  Following the February 3rd intra-meeting rate cut, the Fed is about to quickly show how quickly concerned they are with the stresses in funding markets.  The Fed will probably be convinced the US will enter a recession and the severe tightening of financial conditions will force them to remain on the offensive with their bond buying efforts.  The balance sheet will go grow tremendously and when the markets are beyond the virus, risky assets will be well supported.

Mexico

Mexico’s economic continues to crumble as coronavirus global pandemic continues to intensify.  The Mexican central bank is expected to cut rates however the government may have little room to deliver fiscal support.  Mexico’s peso will try to rebound following one of the worst week’s since Trump won the presidency.

UK

Coordinated easing from the Bank of England and the government this week as policy makers began their defense of the economy as the coronavirus properly announces its arrival on UK shores. The measures were substantial but only in line with the minimum being demanded by the markets, as seen by the rather timid response. More measures from both will likely be warranted in the coming months, with the BoE potentially doing so as early as the next meeting in a couple of weeks.

Switzerland

The SNB have rumoured to have been active in currency markets recently as they attempt to ease the pressure on the franc, which has become a favourite again in this risk averse environment. The central bank may be tempted to cut even deeper into negative territory to -1% next week but markets aren’t currently pricing a move in. Instead they may adopt more unconventional measures to support the economy through these tough times for the global economy, as we’ve seen from others, while continuing to manage the currency in a way all too familiar to them.

ECB

The ECB disappointed traders this week by focusing on measures designed to ease the strain on small and medium sized businesses, rather than feed the markets another meaningless 10 basis point rate cut. The central banks toolkit is looking very depleted but more will likely be expected of it. Given the trend for emergency rate cuts, we may get further measures from the central bank in the coming weeks, possibly even that rate cut if traders don’t back down. Given the state of the eurozone economy even prior to the Coronavirus outbreak, it is arguably the most in need of support, especially Italy which has among the least fiscal headspace. Policy makers will have to be more proactive in the coming weeks or the recession there could be brutal.

Turkey

The CBRT is expected to remain in easing mode, with markets pricing in a 50 basis point cut, in line with many other central banks in recent weeks. The central bank is contending with a weakening currency though so may be forced to play it carefully or risk triggering another spike in inflation. They’ve got away with it until now but these markets are less forgiving.

South Africa

The South African central bank is poised to follow the rest of the world and deliver rate cuts at the March 19th meeting. The rand has pummeled along with all the emerging market currencies.  The outlook for the South African economy is rather bleak.  The economy is in a technical recession and unemployment is at the global financial crisis high.  South Africa has high inflation but the SARB can afford to cut rates again from the relatively high 6.25% interest rate.

Hong Kong

Economy mired in a deep recession due to coronavirus slowdown. On the plus side, protests have subsided to almost nil. No significant data or events next week.

Risk

External. Covid-19 weighs on the economy and national champions like Cathay Pacific are bleeding. Sentiment on equity market very fragile.

China

Feb Retail Sales are due Monday. Loan prime Rate Friday. Expect a rate cut. Investors pricing a recovery China for now as new coronavirus cases are plummeting to zero. Faces an external demand shock from coronavirus. The winner from oil price collapse.

Risk

A resurgence of coronavirus sees double dip. Lots of good news priced in. Authorities tightly managing stock market and currency volatility. Stocks could suddenly collapse if authorities step aside.

India

A huge winner from oil price collapse will help the RBI stagflation fight. No data of significance. Credit markets under strain post the RBI takeover of Yes Bank

Risk

A sudden spurt of coronavirus cases overwhelms health system. Fall in INR and Nifty as investors flee. Credit markets very tight as Yes Bank failure delivers another blow to banking system. Potential for domino in the financial sector.

Australia

Panic buying of consumer staples as coronavirus cases increase. The slowdown in the domestic economy as schools are shut and large gatherings banned. Positive is a huge fiscal stimulus and an RBA rate cut.

Risk

A jump in risk aversion sentiment (probably due to coronavirus) could see AUD sell-off resume with force and also hit the stock market. The oil price collapse has flowed to the resource sector, pummelling stocks and the AUD. Increase in virus concerns will weigh disproportionately on Australia.

New Zealand

Very quiet on the data front next week, with high beta to China the main risk. Containment measures appear to be working well with low number of cases. Like AUD, NZD has been heavily sold and remains vulnerable to further resource price drops. No sign of housing market stress or job losses.

Japan

Doubts persist over true numbers of coronavirus cases. BoJ interest rate decision Thursday. Expect no cut but increased QE. Fiscal stimulus package from finance ministry imminent. No data of note.

Risk

Stock markets have been among the worst-performing in Asia. Extremely sensitive to increased coronavirus risk internationally. Possible postponement of cancellation of Olympics deals another huge blow to the economy.

Oil

Oil price volatility is not going anywhere anytime soon.  Oil prices resumed their bearish trend after President Trump reminded markets that travel bans are likely to deliver further demand destruction for crude.  Crude prices will be subject to wild swings on any surprise disruption in the Middle East or if OPEC + somehow decides to put an emergency meeting on the calendar.  The President will try save the shale industry and will provide some support.  His first step was to announce the purchase of large quantities of oil for their strategic reserves.  He will likely offer more support in the coming weeks.

Gold

Gold investors are wondering when will the scramble for cash end.  The patience of many gold bulls has been lost and prices could soon see a very quick snapback once a wrath central bank rate decision signal a lower interest rate environment is here to stay.  Gold’s safe haven status was dealt a blow over the last week.

Bitcoin

Bitcoin is having a terrible month that is seeing many investors panic and get out of the crypto space.  Bitcoin could remain under pressure until we see markets have an appetite for risky assets.  Bitcoin volatility should remain high and could see wide trading target the $3,500 to $6,300 range over the next few weeks.

Source: marketpulse

lastest Articles

Market Analysis
EUR/USD: Five reasons to drag the pair down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bearish sign
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P: Major Aussie banks not at risk of downgrade amid pandemic
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New quarter, same market gloom as coronavirus spreads, critical US data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar Index: 2008/09 parallels point to sustained USD strength – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude prices rebound after tapping 18-year low
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD needs to hold onto support at 1.0972 to weather the dollar storm
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bearish pressure eased
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: King Dollar takes back the reins as coronavirus fears mount, oil slumps; eyes on German CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Virus Watch, China data to rebound while the world braces for pain, and why the dollar looks so vulnerable
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Will King Dollar be re-coronated after the plunge? Virus, consumer data, eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices Steady Despite Increased Coronavirus Stimulus Hopes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dumping extends, US coronavirus cases top China’s; US House vote eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Watching if bulls are able to capitalize the momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Pares Gains As Nervous Market Looks To US Jobless Claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR, JPY in the lead after Senate's stamp, ahead of horrible US jobless claims, BOE
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: The picture is improving
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Upside looks capped
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Senate strikes stimulus, stocks may sell the fact, dollar pressured, coronavirus data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500 futures jump 5% and hit the limit-up band of 2,333.50
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD bulls looking to extend the momentum beyond 1.1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD firmer above 1.0800 post-PMIs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: 35-year uptrend breached – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: New week, same corona carnage, dollar down vs. majors, excels elsewhere, US Senate eye
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Tougher times ahead?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rallies further beyond $1500 mark, fresh session tops
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s stimulus package: Lagarde’s “Whatever it Takes” moment – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar takes a breather, coronavirus claims 10,000 lives, “quadruple witching” eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: BoC to keep the system running – RBC Economics
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: Several OPEC members calling for new action – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro at Risk Ahead of German IFO Data and SNB Rate Decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Still scope for a rebound… but when?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold slides further below $1500 mark, losing around 2.5% for the day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Base metals: Sign of weakening demand emerging – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Typical dead cat bounce ove
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices Slide Again As Coronavirus Prompts Cash Raising
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominant as markets bounce after Trump's recession talk, focus on fiscal stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoJ Governor Kuroda: Possible to deepen negative interest rates further
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Faced rejection near the 1.1200 round-figure mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Fed and BOJ to add more to the punchbowl, Virus disruption, and a fourth week of heightened volatility
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Fed to cut 100bps at its next meeting – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB: EUR/USD heading lower as looks for fiscal measures – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Wave of selling also hit the yellow metal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold surrenders early gains, back near $1640 level despite coronavirus-led jitters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump fails to reassure coronavirus-concerned America, stocks down, gold up, ECB eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Analysis Ahead of ECB Rate Decision and Lagarde Outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Pullback Fizzles Amid Speculation for More Fed Rate Cuts
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: GBP/USD tumbles as BOE surprises with 50bp cut to 0.25% ahead of UK budget
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Yen rallies hard as US stimulus doubts, coronavirus fears hit stocks, USD and yields
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD resuming rise amid doubts over US fiscal stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates after the coronavirus crash amid Trump's tax promises, Chinese hopes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Global shares plunge in worst day since financial crisis
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Monday mayhem, wild currency moves, Gold fakeout, oil -30%, amid coronavirus panic
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil Prices Crash 25% As Oil War Begins
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Time to Spring Forward
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Market volatility here to stay
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
The Fed could cut rates further at the March meeting – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold remains confined in a range, around $1640
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD flirting with daily highs around 1.1140
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD – Euro Rally May Just Be Getting Started vs US Dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Pres. Trump: Fed should ease and “cut rate big”
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Tenreyro: Important to highlight that we were not in a rush to raise interest rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Coronavirus update: First confirmed case in London, total infections in Iran at 1,501
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Price Analysis: Upside stalled just ahead of the 200-day SMA
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Central Banks, OPEC + and Governments prepare to cushion the coronavirus impact
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Markets not focused on Super Tuesday
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Vasiliauskas says extraordinary meeting may be called over coronavirus, EUR/USD off the highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Markets in freefall: Carney warns UK faces downgrade over coronavirus – latest updates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Schnabel: Coronavirus increased uncertainty about global growth outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD now looks to 1.0925 – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to gains near session tops, around $1650 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus clobbers markets, dollar on the defensive (for now), Bitcoin battered
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Outlook Somber as COVID-19 Threatens EU Corporate Debt
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold corrects further from multi-year tops, slides to $1635 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Turn-up Tuesday? Dollar, stocks bouncing, Gold down, after coronavirus-related plunge
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Price Analysis: Decline is challenging the 200-day SMA
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Still scope for a move to 100.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Race to face the Don
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FED: Three arguments for a rate cut – Nordea
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: EUR/USD jumps above 1.08 as German Manufacturing PMI beats with 47.8
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
FXSniper X2 Risk Available in EURO Now
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Overnight sharp fall
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Long-term extremes for EUR/USD, USD/JPY, AUD/USD, Gold amid coronavirus fears, USD rally
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Asian stocks slip as virus' regional spread spooks investors
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Green light for extra gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Possible test of 1.06 – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Yen slips as risk recovers on fading coronavirus fears; UK CPI – up next
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBA Minutes: Prepared to ease monetary policy further – ANZ
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoJ expected to ease further into 2020 – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk sold amid coronavirus-led rising economic costs; a busy docket ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
EuroHook Pamm - The Fishermans's Bastion
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: A bottom looks closer – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Turning a Corner on COVID-19
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: Energy sector up
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Upsurge testing major resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR/USD falls toward Macron gap, Pound enjoys Javid jump, US consumer, coronavirus eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Australian dollar: Under the weight of the world – Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar May Rise on Haven Demand as Coronavirus Fears Swell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Levels to watch after coronavirus-fueled jump – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Edges Lower as Coronavirus Worries Take Back Seat To Stock Gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613