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The Negative Effects Of The Trump COVID-19 Agenda On The USD
Monday, December 21, 2020 - 10:15am | 1060Read More...The following is a contributed article from a content partner of Benzinga The United States Dollar has been devaluing against other major currencies in 2020 and it is highly likely it is a direct result, in some sense, of Trump's reaction to the global pandemic we are still facing as a species...
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Why Scott Nations Is A Seller Of The US Dollar
Monday, July 6, 2020 - 2:40pm | 187Read More...On CNBC's "Fast Money Halftime Report," Scott Nations said that we are in the situation of the U.S. dollar versus zero interest rates policy and the U.S. dollar is going to lose. He also doesn't expect any safe haven buying of the dollar. Nations wants to take a short position in...
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EUR/USD Forecast: Fell Toward 1.1200, Heads Into The Weekend With A Bearish Tone
Thursday, June 25, 2020 - 3:36pm | 480Read More...EUR/USD Current Price: 1.1223 US data was generally encouraging but failed to trigger some action across the board. The ECB introduced a new repo facility for central banks outside the Union. EUR/USD fell towards 1.1200, heads into the weekend with a bearish tone. The EUR/USD pair is...
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USD Group And Railserve Form Strategic Alliance
Tuesday, March 17, 2020 - 10:26am | 494Read More...Midstream logistics provider USD Group and on-site rail services provider Railserve are forming a strategic alliance to provide services to their shipping customers. The two said their offering will support their customers' rail-related logistics needs. The offerings will include services such as...
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USD/JPY Forecast: Facing Resistance At 112.40
Thursday, February 20, 2020 - 2:52pm | 364Read More...USD/JPY Current Price: 112.04 Japanese data suggest the country is heading into a technical recession. The coronavirus outbreak is taking its toll on Asian economies. USD/JPY facing resistance at 112.40, but poised to extend its advance. The USD/JPY pair soared to 112.22 before...
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USD/JPY Forecast: At Risk Of Falling Toward 107.90
Thursday, January 30, 2020 - 3:15pm | 336Read More...USD/JPY Current Price: 108.65 The Chinese coronavirus keeps spreading and fueling concerns about an economic downturn. Japan will release Tokyo inflation, Retail Sales and Industrial Production. USD/JPY challenging a major Fibonacci level, at risk of falling toward 107.90. The Japanese yen...
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Tuesday's Market Minute: America's Decade
Tuesday, December 31, 2019 - 9:21am | 310Read More...Ten years ago, few, if any, could fathom that the S&P 500 would be trading over 3200 today. The 2000s were a bleak time for our markets, with the S&P’s net return for that decade being negative. The dismal decade was punctuated with the financial crisis, which saw many equity prices...
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As Trade Talks Approach, "Barometer" Stocks Like Apple And Boeing Could Be In Focus
Tuesday, October 8, 2019 - 9:10am | 2304Read More...That didn’t take long. Trade talks haven’t even started yet, but stock futures took a hit early Tuesday apparently because optimism is already running out of steam. The laundry list of issues includes concerns about the ability of the lead Chinese negotiator to make a deal, reports that...
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Another Slice: Fed Cuts Rates Again, But Stays Cloudy On Next Steps, Disappointing Market
Wednesday, September 18, 2019 - 2:35pm | 2395Read More...The Fed’s not in the business of delivering surprises. That’s why today’s 25-basis point rate cut—the second in less than two months after 10 years without one—probably came as most investors expected. The benchmark fed funds rate is now in the 1.75% to 2% range, back...
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Tuesday's Market Minute: And The US Dollar Remains King Of The Hill…
Tuesday, September 3, 2019 - 8:16am | 302Read More...There’s going to be some attention this morning directed towards the U.S. Dollar with the new high for the year to start the week. The futures (/DX) and the index ($DXY) are now above 99 – levels we haven’t seen since the spring of 2017 – and the move up is in-line with the...
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EUR/USD: Ready For The Next Leg Down
Monday, August 5, 2019 - 9:02am | 657Read More...EUR/USD has been looking for a new direction amid escalating trade tensions. Top-tier US figures and further comments on trade will likely set the tone. Monday's four-hour chart shows bears lead against the bulls. Buy the safe-haven US dollar as trade tensions mount? Or sell it as US bond...
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Tuesday's Market Minute: Range-Bound Currencies Set For A Breakout?
Tuesday, July 23, 2019 - 8:57am | 288Read More...Currency futures are center stage this month, and the British Pound is in the spotlight today. The sterling has lagged this year, currently down over 6.5% from its yearly highs in mid-March. The prospect of a No-Deal Brexit on October 31 now looms ever larger, as Britain’s Conservative Party...
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GBP/USD Falling As The Greenback Gains Ground
Friday, July 5, 2019 - 10:07am | 478Read More...GBP/USD has been drifting downwards as the USD reasserts itself after the holiday. The US Non-Farm Payrolls is left, right, and center. Friday's four-hour chart is showing oversold conditions that imply a bounce. GBP/USD may have finished reacting negatively to poor UK data – but is now...
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GBP/USD Has Been Falling In Response To Weak UK Data And USD Strength
Monday, July 1, 2019 - 9:09am | 515Read More...GBP/USD has been falling in response to weak UK data and USD strength. Comments from the leadership candidates and US data are set to dominate price action. Monday's four-hour shows pound/dollar at critical support. Brexit has been taking its toll on the UK economy – and it is yet to...
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EUR/USD: Bears Are In Full Control
Monday, May 20, 2019 - 9:00am | 561Read More...EUR/USD remains depressed as the US and China draw further apart. Tension towards the European elections also weigh. The technical outlook is bearish for the currency pair. EUR/USD has the blues this Monday morning. The trade war between the US and China is not going away and even getting worse...
