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Reports

US Dollar May Rise as Powell Speech Boosts Fed Rate Hike Bets

October 02, 2018 at 07:30AM

The US Dollar may trade broadly higher as an upbeat speech from Fed Chair Jerome Powell drives a hawkish shift in the prevailing 2019 interest rate hike outlook.

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Author
Ilya Spivak | DailyFX
Selected by SYFX+

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Reports

AUD/USD Ignores RBA Decision in Favor of Equities, Trade War News

October 02, 2018 at 05:51AM

The Australian Dollar slightly rose against its US counterpart after the Reserve Bank of Australia’s October meeting. However, follow-through may be lacking.

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Author
Megha Torpunuri | DailyFX
Selected by SYFX+

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Reports

What Does the NAFTA Deal Mean for the Dollar, Loonie and Trade Wars?

October 02, 2018 at 05:02AM

Although both Canadian Dollar and Dow surged on a renegotiated NAFTA deal, implications for USD. MXN, and risk are limited.

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Author
John Kicklighter | DailyFX
Selected by SYFX+

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Reports

Crude Oil Prices Soar as Iran Exports Plunge, API Inventory Data Due

October 02, 2018 at 05:00AM

Crude oil prices soared amid reports that exports from Iran plunged to the lowest in 2.5 years last month. API weekly inventory flow statistics are now in focus.

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Author
Ilya Spivak | DailyFX
Selected by SYFX+

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Reports

ASX 200 Technical Analysis: Chart Range Holds But Base Beckons

October 02, 2018 at 03:30AM

The ASX 200 remains quite close to its impressive, ten-year peaks. However, it is not showing much sign of the impetus needed to reclaim them and time is getting on

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Author
David Cottle | DailyFX
Selected by SYFX+

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Reports

Dow and Loonie Gap Higher on NAFTA Replacement, US Oil Hits 4-Year High

October 02, 2018 at 02:30AM

The Canadian Dollar surged on news of a renegotiated NAFTA deal, while the Euro has held steadfast in the wake of EU struggles with Italy.

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Author
John Kicklighter | DailyFX
Selected by SYFX+

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Reports

Euro May Fall Further as Italy Clashes With EU on Budget

October 02, 2018 at 02:00AM

The Euro may continue to decline alongside Italian bond prices as markets brace for a budget clash between the government in Rome and the EU Commission.

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Author
Dimitri Zabelin | DailyFX
Selected by SYFX+

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EUR/USD Technical Analysis: Euro May Bounce, Trend Still Bearish

October 02, 2018 at 02:00AM

The Euro may rebound against the US Dollar after stalling near the 1.16 figure but gains are expected to be corrective within the context of a broader down move.

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Author
Ilya Spivak | DailyFX
Selected by SYFX+

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Reports

USMCA Deal Bolsters USD/CAD Downtrend as AUD/USD, EUR/AUD Eye RBA

October 02, 2018 at 12:30AM

The new trilateral NAFTA deal, named the USMCA, offered the Canadian Dollar aggressive gains as the USD/CAD downtrend was bolstered. Meanwhile, AUD/USD and EUR/AUD await the RBA.

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Author
Daniel Dubrovsky | DailyFX
Selected by SYFX+

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Reports

Wait-and-See Reserve Bank of Australia (RBA) to Sap AUD/USD Rebound

October 02, 2018 at 12:10AM

The Reserve Bank of Australia (RBA) interest rate decision may do little to alter the outlook for AUD/USD as the central bank sticks to a wait-and-see approach.
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Author
David Song | DailyFX
Selected by SYFX+