Crude Oil Prices May Fall as Fed Chair Powell Cools Rate Cut Bets

Crude Oil Prices May Fall as Fed Chair Powell Cools Rate Cut Bets

Crude oil, gold price performance chart created using TradingView CRUDE OIL & GOLD TALKING POINTS: Key commodity prices marking time as all eyes turn to Jackson Hole Fed Chair Powell may pour cold water on Fed rate cut speculation Crude oil prices at risk, gold may not capitalize as sentiment …

Euro May Fall vs US Dollar on Powell Comments at Jackson Hole

Euro May Fall vs US Dollar on Powell Comments at Jackson Hole

US Dollar, Euro, Jerome Powell, Jackson Hole – TALKING POINTS EURUSD may fall if Powell comments stoke risk aversion Subsequent demand for liquidity may push EURUSD lower USD may also rise if Fed pours cold water on rate cut bets Learn how to use political-risk analysis in your trading strategy! …

GBP Gains. Yen Rallies as US Manufacturing Shrinks Most Since 2009

GBP Gains. Yen Rallies as US Manufacturing Shrinks Most Since 2009

Asia Pacific Market Open Talking Points GBP/USD eyes resistance as Merkel cools no-deal Brexit worries S&P 500 wobbles, manufacturing contracts first time since 2009 Markets may consolidate before highly-anticipated Powell speech Find out what the #1 mistake that traders make is and how you can fix it! The British Pound …

RSI Offers Bullish Signal for British Pound

RSI Offers Bullish Signal for British Pound

British Pound Talking Points GBPUSD breaks out of the range-bound price action from earlier this month, with recent developments in the Relative Strength Index (RSI) foreshadowing a larger correction in the exchange rate as the oscillator snaps the bearish trend from earlier this year. GBPUSD Rate Forecast: RSI Offers Bullish …

US Dollar Looks to Jackson Hole for Fed Rate Cut Clues

US Dollar Looks to Jackson Hole for Fed Rate Cut Clues

Central Bank Weekly Talking Points: All eyes are on Fed Chair Jerome Powell’s speech at 10 EDT/14 GMT on Friday, August 23. The July Fed meeting minutes indicated that the FOMC isn’t ready to aggressively cut interest rates. Fed funds are pricing in an 100% chance of a 25-bps rate …

Rally to Receive Boost from Massive ETF Holdings

Rally to Receive Boost from Massive ETF Holdings

Gold & Silver Price Forecast: Total known gold ETF holdings have surged to a 6-year high of nearly 80 million troy ounces Not to be outdone by its more-glamorous peer, total ETF holdings of silver have spiked to the highest on record Interested in an ETF-based view on various global …

US Dollar Price Action Fixated on Jackson Hole & Fed

US Dollar Price Action Fixated on Jackson Hole & Fed

USDJPY PRICE VOLATILITY SPIKING AROUND JACKSON HOLE, FED COMMENTARY The US Dollar is in focus as forex traders turn attention to Jackson Hole and Fed interest rate expectations USDJPY implied volatility could creep higher in the coming days as USD price action heats up in response to the latest FOMC …

Central Bankers Want to Keep Economies Growing, but Politicians Hold the Keys

Central Bankers Want to Keep Economies Growing, but Politicians Hold the Keys

Mr. Trump has also begun mulling more tax cuts to lift the United States economy, though on Wednesday he insisted that it did not need one right now. And the Fed has room to cut rates, should a recession hit. The challenge is primarily one of intense policy uncertainty. Europe, …

Pound Reversal Tests Initial GBP/USD Hurdles

Pound Reversal Tests Initial GBP/USD Hurdles

Sterling is the best performing major against the US Dollar this week with the British Pound up nearly 0.9% ahead of the close on Thursday. The recovery is now approaching pivotal resistance targets which IF invalidated, could suggest a larger recovery is underway. These are the updated targets and invalidation …