Foreign Exchange

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Aussie is testing make-or-break support ahead of the FOMC interest rate decision. Here are the targets & invalidation levels that matter on the AUD/USD charts this week.
Posted: December 17, 2018, 7:00 pm
In what will be the last full week of 2018, central bank meetings be the main draw, as will the prospect of a US federal government shutdown on Friday.
Posted: December 17, 2018, 5:30 pm
Crude oil may continue to consolidate even though Russia endorses a price range of $55-65 as it holds the monthly opening range.
Posted: December 17, 2018, 4:00 pm
The US Dollar on the backfoot to begin the week with US data moderating, while markets await the central bank bonanza.
Posted: December 17, 2018, 2:30 pm
The US Dollar is continuing to pull back after buyers shied away from last week's fresh yearly highs. This sets the table for the Wednesday FOMC rate decision.
Posted: December 17, 2018, 2:30 pm
There are a host of unresolved fundamental themes that will continue to harass the financial markets – trade wars, Brexit, EU budgets, political stability – but there is perhaps just enough breathing room to beat back the charge until 2019. That is perhaps with one exception…monetary policy.
Posted: December 17, 2018, 1:00 pm
Amid an otherwise quieter economic calendar this week, the ECB’s commentary will resonate as political risks in the Eurozone continue to increase.
Posted: December 17, 2018, 12:30 pm
Gold price are probing chart support the US Dollar gathers upside momentum, putting de-facto pressure on assets seen as alternatives to fiat.
Posted: December 17, 2018, 9:56 am
The anti-risk Japanese Yen may fall further having lost ground in Asia Pacific trade amid a cautiously optimistic start to the trading week.
Posted: December 17, 2018, 7:30 am
Are ASEAN and emerging markets vulnerable in the last weeks of 2018? S&P 500 closed at its lowest since April. Philippine Peso is at risk, undermined by China data and a trade deficit.
Posted: December 17, 2018, 4:30 am
The Australian Dollar remains quite well supported against its US cousin, and may be more so this week if the Fed sounds more cautious about 2019.
Posted: December 17, 2018, 3:00 am
Asia Pacific markets are bracing this week after the S&P 500 closed at its lowest since April. The Australian Dollar looks vulnerable while the anti-risk Japanese Yen could gain.
Posted: December 17, 2018, 12:00 am
The Federal Reserve’s decision on Wednesday will likely dominate US equities this week while Europe has a plethora of events on the docket. As always, trade wars loom.
Posted: December 16, 2018, 4:00 pm
Gold is on a bullish breakout since its 6-month decline that began in April, but upcoming event risk may dampen XAUUSD performance over the short term.
Posted: December 16, 2018, 4:00 am
The US Dollar may trade broadly higher against its major currency counterparts as the Fed policy announcement checks the slide in 2019 rate hike bets.
Posted: December 15, 2018, 10:00 pm
The UK government has yet again failed to convince anyone that its current Brexit stance is workable and that continues to paint a gloomy picture for Sterling
Posted: December 15, 2018, 4:00 pm
Crude oil prices struggled rising since bottoming in November, highlighting risks as OPEC prepares production cuts. Fed, slowing global growth, stocks falling offer uncertainties.
Posted: December 15, 2018, 10:00 am
USD/JPY may face range-bound conditions ahead of the Federal Reserve interest rate decision as it struggles to test the monthly-high (113.82).
Posted: December 14, 2018, 10:00 pm
AUD/USD continues to chip away at the advance from the 2018-low (0.7021), with the pickup in volatility spurring a further shift in retail interest.
Posted: December 14, 2018, 5:00 pm
The US Dollar has continued this week's strength for a test of fresh yearly highs. Next week's calendar brings a key rate decision out of the FOMC in the final full trading week of 2018.
Posted: December 14, 2018, 3:02 pm
After losing ground from April through November, Gold prices have made a veritable attempt at bottoming in the last month of the year.
Posted: December 14, 2018, 1:30 pm
The Japanese Yen may continue to push higher as global slowdown fears sour sentiment across financial markets, boosting the perennially anti-risk currency.
Posted: December 14, 2018, 7:30 am
Crude oil prices have conspicuously failed to make good on supportive news-flow. They may turn lower from here as the markets’ risk appetite deteriorates.
Posted: December 14, 2018, 5:00 am
EUR/SEK looks poised to rise in the short term while Sweden wrestles with political gridlock but may see a downturn heading into Q1 on fiscal and monetary stimulus.
Posted: December 14, 2018, 4:00 am
The Euro trimmed losses after the ECB rate decision and Mario Draghi speech, gaining as the US Dollar weakened. Australian Dollar and emerging markets at risk to softer Chinese data.
Posted: December 14, 2018, 12:30 am

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