Filtered by date: 28.02.2020. Clear
  • The Friday Forex Takeaway – Episode 23

    Key Points From This Week US Dollar Sell-Off The Dollar has seen a sharp repricing of rate path expectations over recent days. The growing severity of the COVID-19 outbreak has seen investors ramping up their expectations of a Fed rate cut. The market is now pricing in a .25% cut by the April meeting as […]

  • Chart of the Day USDCAD

    Chart of the Day USDCAD USDCAD Pivot Cluster Test Risk appetite is sinking faster than a rock these days, with the S&P500 sliding 4.4% lower overnight amidst the ongoing UST bond rally (10-year at a record 1.27%, 60bps lower than where it started the year) due to growing concerns that the Covid-19 outbreak would dampen […]

  • Daily Market Outlook, February 28, 2020 

    Daily Market Outlook, February 28, 2020  Deepening virus fear led the US market to sell off for yet another day. The Dow Jones Industrial Average posted its largest single-day point drop in history (-1191pts or -4.4%), slumped into correction territory alongside the S&P500 (-4.4%) while tech-heavy NASDAQ tumbled 4.6%.  The CDC confirmed the first US […]

  • Tickmill’s Investing Diva, USDCHF Daily Outlook 28-02-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.

  • Short-Term Dollar Outlook: Are The Odds Of A Fed Rate Cut Rising?

    The US dollar has ceded ground to some other majors as the threat of the coronavirus spreading in the United States rises. The CDC made a number of important statements which basically hint at impending local transmission. This, in turn, prompted markets to review the odds of lockdowns in the US and potential economic damage.

  • Pound Plummets As Johnson Gives Trade Deal Ultimatum

    Trade Talks In Crisis Already? The British Pound is heading back down towards 2020 lows today in response to the latest headlines around UK-EU trade negotiations. Official talks are due to begin on Monday though expectations are low in light of the current communications between the two sides. Both the UK and the EU set […]

  • Tickmill’s Investing Diva, CADJPY Daily Outlook 27-02-20

    Catch Tickmill’s Investing Diva daily outlook to receive all the latest updates on global markets.

  • The Crude Chronicles – Episode 27

    Oil Sinking As Risk Appetite Evaporates The CFTC COT report reflected an increase in upside positions in WTI last week of 14,995 contracts. This latest increase in long positioning takes the total bullish position to 411,764 contracts. The increase in upside exposure came despite the growing mood of risk aversion in the markets in response […]

  • Daily Market Outlook, February 27, 2020 

    Daily Market Outlook, February 27, 2020  The US market tried to stage a relief rally at the start of the overnight session. However, the valiant attempt couldn’t keep up with renewed concerns about the virus. S&P 500 ended down for the 5th day – albeit closing at a relatively mild -0.4%. Nasdaq did retain its […]

  • USDRUB Gains Upside Traction

    Today we discuss the potential future of Russian ruble, the index S&P500 and Euro.

  • Campaign Calls for Review of New BOE Appointment

    Andrew Bailey is set to take over as the governor of the Bank of England in March, with Mark Carney handing over the reins. Typically, the changing over of this role is smooth given that policymakers have already elected the incoming governor and the market is aware of the change well ahead of time. However, […]

  • Oil at $45: Markets Concerns Linger as Investors Revise Depth of Possible Demand Shock

    Conflicting accounts on the outbreak of COVID-19 create mixed impression about the spread of the disease: China has been reporting consistent decrease in the number of new cases and deaths and has lowered the emergency level in some cities while the rest of the world is preparing for a pandemic.

  • Data & Virus Damage Hurting The Dollar

    US Dollar Losing Steam? Over the final month of 2019 and the first month of 2020, the Dollar Index enjoyed a three-figure rally. The push higher was fuelled mainly a string of better-than-expected economic releases. With ISM manufacturing and non-manufacturing readings surprising to the upside last month, along with strong NFP readings and better survey […]

  • Chart of the Day XAUUSD (GOLD)

    Chart of the Day XAUUSD (GOLD) XAUUSD Pivotal Projected Trendline Test Fears surrounding COVID-19 continue to dominate. Centers for Disease Control and Prevention (CDC) officials briefed the US on how to get ready if the coronavirus outbreak worsens domestically; even as top White House economic advisor Larry Kudlow maintained that the coronavirus was contained so […]

  • Daily Market Outlook, February 26, 2020

    Daily Market Outlook, February 26, 2020  No Turnaround Tuesday for the US market as virus concerns intensified after the Center for Disease Control warned Americans to be prepared for the spread of Covid-19 within US communities. This came amid rising cases around the world especially in Europe and South Korea where authorities scrambled to contain […]