Friday, May 20, 2016

Chinese Yuan Torn Between PBOC, Fed

Chinese Yuan Torn Between PBOC, Fed

Chinese Yuan Torn Between PBOC, Fed

Posted: 20 May 2016 07:06 PM PDT

Both the onshore Yuan (CNY) and offshore Yuan (CNH) traded lower against the US Dollar this week due to the increased expectations of a Fed rate hike in June after FOMC April minutes were released on Wednesday.

Aussie Dollar to Track Risk Trends on Fed Outlook, Brexit Bets

Posted: 20 May 2016 06:35 PM PDT

The Australian Dollar is likely to fall in with broad-based risk sentiment trends as markets size up the Fed policy outlook and Brexit probabilities in the week ahead.

Gold Decline Intensifies as Fed Hints of Rate Hikes Ahead

Posted: 20 May 2016 06:02 PM PDT

Gold prices are down for a third consecutive week with the precious metal off 1.69% to trade at 1251 ahead of the New York close on Friday.

Video: Fed Unchained the Dollar, Watching for Risk Catalysts

Posted: 20 May 2016 05:35 PM PDT

The Dollar may not have thrown in its full commitment to a prevailing trend, but the Fed certainly unshackled its mooring to fundamental neutrality.

USD/CAD to Eye Fresh May Highs on Hawkish Fed Rhetoric, Dovish BoC

Posted: 20 May 2016 04:49 PM PDT

The near-term advance in USD/CAD may gather pace in the week ahead should the Bank of Canada (BoC) endorse a dovish outlook for monetary policy, while Federal Reserve officials show a greater willingness to implement higher borrowing-costs over the coming months.

New Zealand’s Migration Boom Could Keep RBNZ on Hold & Support NZD

Posted: 20 May 2016 04:45 PM PDT

The US Dollar surprised a lot of G10 currencies last week, but the New Zealand Dollar held firm. NZD also gained against many of its commodity currencies brethren.

BoE Warns of Weakness, Even Without Brexit

Posted: 20 May 2016 04:41 PM PDT

The British Pound put in a strong week of gains through Thursday, snapping the two-week losing streak that the Sterling put in against the US Dollar after running up to a new nine-month high earlier in May.

Video: Should China, Brexit, G7, BoJ Risks Keep Me Sidelined?

Posted: 20 May 2016 04:39 PM PDT

There is always risk and uncertainty in the markets, but does that mean we should keep to the sidelines until it passes?

GBP/USD Successful Re-Test of Former Resistance Line

Posted: 20 May 2016 11:44 AM PDT

GBP/USD support registered this week near the neckline of a head and shoulders pattern. The re-test sets the stage for another leg higher.

USD/JPY Rally at Risk as G7 Opposes FX Intervention, Lacks Action

Posted: 20 May 2016 09:33 AM PDT

Mixed language coming out of the Group of Seven (G7) meeting may derail the near-term advance in USD/JPY should it drag on risk appetite.

Tracking for a Near Term Gold Low

Posted: 20 May 2016 09:09 AM PDT

Watch for a low in gold next week near 1230 or 1240.

USD/CAD Prices Stall After CPI Release

Posted: 20 May 2016 06:45 AM PDT

The USD/CAD trades flat on the day, despite CPI Core data beating expectations.

USD Strength Remains Predominant Theme as we Near G-7, BOC

Posted: 20 May 2016 06:43 AM PDT

This weekend brings yet another meeting of finance ministers from the G-7 group of nations as the US Dollar holds on to recent gains. Will we see some type of coordinated action?

The Slide in Silver Prices Slows Following Support

Posted: 20 May 2016 05:05 AM PDT

Silver prices remain in a clear downtrend below the intraday high of $17.14 formed in the afternoon of May 18. and the nearest strong resistance level is the March 25 low of $16.78.

3 Things Need to Happen for US Dollar to Cement Breakout

Posted: 20 May 2016 05:00 AM PDT

The USDOLLAR Index is holding just south of the trend resistance that has guided price lower since January.

S&P 500: Support Holds, the Search for Direction Continues

Posted: 20 May 2016 03:34 AM PDT

DAX 30 Treads Water As No Strong Trend Is In Place

Posted: 20 May 2016 03:23 AM PDT

The DAX 30 (CFD: GER30) was up by 0.60% at the time of writing, gains which were led by the Material and Industrial Sectors.

FTSE 100: Status Quo Maintained As 6054-6195 Range Dominates

Posted: 20 May 2016 01:44 AM PDT

With a boost to commodities, the FTSE 100 (CFD: UK100) has managed to gap higher today and the move higher means that the 6054-6195 range remains intact.

USD/CAD Advance at Risk on Sticky Canada Consumer Price Index (CPI)

Posted: 20 May 2016 01:00 AM PDT

Stickiness in Canada’s Consumer Price Index (CPI) may derail the near-term advance in USD/CAD as it puts pressure on the BoC to normalize policy sooner rather than later.

AUD/USD Technical Analysis: Rebound Hinted Above 0.72

Posted: 20 May 2016 12:06 AM PDT

The Australian Dollar technical positioning hints prices may correct higher after finding support above the 0.72 figure against the currency’s US counterpart.

G7 Comments May Help Aussie, NZ Dollar Rebound as Yen Falls

Posted: 19 May 2016 11:36 PM PDT

Commentary from a meeting of G7 officials may help power a rebound in risk appetite, boosting the Aussie and New Zealand Dollars while the Yen declines.

Nikkei 225 Technical Analysis: Price Contained Below 16,776

Posted: 19 May 2016 10:44 PM PDT

The Nikkei 225 appears to be treading water as price remains contained below 16,776 and the 16,500 level remains in play

Crude Oil and Gold Prices May Diverge on G7 Commentary

Posted: 19 May 2016 10:16 PM PDT

Crude oil and gold prices may carve out divergent paths into the week-end if comments from G7 officials hint fiscal policy may be readying to help central banks boost growth.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)