The Euro may rise vs the British Pound if uncertainty about Brexit pulls capital out of Sterling as UK lawmakers prepare for a key vote on Saturday.
The USD/JPY is carving out a bearish reversal pattern as Brexit deal hopes fuel gains in the British Pound and stocks. Ahead, AUD/USD risks reversing losses on China 3Q GDP.
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.
The British Pound may continue to slide and pare some of its recent gains as policymakers from the UK and EU enter a showdown over Brexit at the EU summit. Will they be able to reach a deal?
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.
The US Dollar has held support at a key area on the chart. Will USD bears be able to push through, keeping topside scenarios active in EUR/USD and GBP/USD.
The British Pound may fall against its major counterparts if UK CPI data shows weaker price growth amid Brexit uncertainty. US Dollar traders will be closely watching retail sales figures.
The NZD/USD climbed on upbeat New Zealand CPI data, but upside follow-through may struggle. GBP/USD and the S&P 500 soared on Brexit deal hopes, but challenges still linger.
The US Dollar has showed a pullback so far in Q4, but is testing a big zone of support around prior resistance.
The Euro may fall if German ZEW data spooks markets, though its decline vs the British Pound may be less acute if BoE Governor Mark Carney’s premonitions about Brexit overwhelm GBP.
The AUD/USD downtrend holds as US-China trade deal optimism fades, boosting the anti-risk Japanese Yen. After aggressive gains, the British Pound hit an obstacle on Brexit news.
Gold prices ran into a key support zone last week and that helped to hold the lows. But are Gold bulls ready to come back similar to what showed in June?
The Euro may rise vs the British Pound if Brexit worries sap demand, pushing EUR/GBP higher following last week’s dramatic selloff. The publication of Eurozone industrial production might reinforce...
The anti-risk Japanese Yen may rise as the sentiment-linked Australian Dollar falls after markets seemed underwhelmed by US-China trade talks. USD/JPY stalled at resistance.
The US Dollar may recover against the Euro and British Pound if a collapse in US-China trade talks sinks market mood and fuels haven demand, boosting the highly-liquid Greenback.
The British Pound may continue its Brexit-fueled rally, clearing resistance. The anti-risk Japanese Yen may weaken as US-China trade deal optimism extends into Friday’s session.
The US Dollar caught support this morning after another Core CPI print at 2.4%. But will this dissuade the FOMC from rate cuts at the meeting later this month?
The USD/JPY, AUD/USD and S&P 500 futures tumbled amid reports the US and China saw no progress in deputy-level trade talks. China’s delegation team is planning to leave the US earlier.
The US currency continues with little direction so far this week, but a busy set of drivers can change things very quickly in USD.
The US Dollar may rise vs the Euro if the FOMC meeting minutes undercut dovish expectations from the markets. Volatility may also be amplified by the IMF’s update on world growth.