GBP/USD Downtrend Held as Yen Rose Amid Trump-China Call Dispute
The British Pound soared as “no-deal” Brexit bets cooled, but the GBP/USD dominant downtrend held on chart resistance. Disputes over the Trump-China phone call boosted the Japanese Yen.
Australian Dollar Outlook Grim on Yield Curve as Jobs Data Looms
The Australian Dollar outlook is grim on rising fears of a US recession, yield curve inversion. AUD/USD may shrug off rosy jobs data ahead on fears of slowing global growth.
Yen Eyes 2016 Levels as Argentine Peso Collapses, Sentiment Sours
The Japanese Yen inched closer to 2016 levels as US-China trade tensions and a collapse in the Argentine Peso soured sentiment. APAC shares may decline, further weakening AUD/USD.
Canadian Dollar Price at Risk as Crude Oil Sinks Amidst Trade Wars
The USD/CAD eyes resistance breakout as uncertainties over global growth amidst trade wars undermine crude oil prices. Sentiment warns of a bearish NZD/USD bias ahead of the RBNZ.
US Dollar May Rise Versus PHP as Trade War Risk Overshadows CPI
The US Dollar may rise versus the Philippine Peso after CPI data as US-China trade war tensions may fuel more-aggressive easing from the BSP. USD/PHP took out key falling resistance.
AUD/USD, AUD/JPY May See 2009 Lows if China Retaliates US Tariffs
The AUD/USD, AUD/JPY may reach 2009 lows as US President Donald Trump gave the green light for more tariffs against China. Retaliation may sink the Australian Dollar as the Yen gains.
Feds Powell Shakes the Dow and Dollar as Markets Confused on Next Steps
The Fed cut rates for the first time in over a decade by 25bp to 2.00-2.25% seeming to keep options for more on the table
Nikkei 225 Sinks With Nintendo Shares as ASX 200 Prices Hint Top
The Nikkei 225 dropped alongside Nintendo shares. The ASX 200 may be topping on bearish technical signals. Declines in equities may be ahead after Asia Pacific stocks mostly sunk.
USDMXN Soars as US-Mexico Trade Deal Fails, Stock Volatility Ahead
USD/MXN soared as the US and Mexico failed to reach a trade deal, opening the door for tariffs and escalating a trade war. The anti-risk Japanese Yen is poised to gain as stocks sink.
NOK, SEK Tremble Ahead of US-China Trade War News, EU Growth Data
The Swedish Krona and Norwegian Krone will be on their toes as US-China trade relations sour and European growth indicators may continue to show regional weakness.
S&P 500 Drops Reversal Warning, Equities Brace. Yen to Extend Rise
The S&P 500 left behind a reversal warning amidst rising EU-US trade war concerns and the IMF downgrading the 2019 outlook. Equities are bracing in Asia as the Yen may extend gains.
Gold Prices, EUR/USD and S&P 500 Decline. AUD/USD May Rise on RBA
The US Dollar rose, capitalizing on Euro weakness and weighing against gold prices before the S&P 500 tumbled. AUD/USD may rise as the RBA disappoints
British Pound Soars as UK PM Theresa May Considers Brexit Delay
The British Pound soared in early Tuesday trade on reports UK Prime Minister Theresa May is considering delaying Brexit. AUD/USDs ascent paused on resistance as
USD/SEK May Dip on Swedens Trade Data, US-China Talks, EU Peril
The Swedish Krona may fall on January 28 as Sweden prepares to release its Trade Balance. Slower growth in the European region may continue to
EUR/USD May Extend Declines, Nikkei 225 May Fall with Asia Stocks
EUR/USD may extend declines after support broke in the aftermath of the ECB. GBP spikes on the Brexit latest. Asia Pacific stocks may fall as