Wednesday, July 8, 2020
GBP/USD, FTSE 100, Brexit, UK-EU Trade Negotiations – Talking Points:Risk appetite notably soured during APAC trade as coronavirus concerns continue to drag on investor sentiment Renewed ‘no deal’ Brexit fears may prevent...
HANG SENG INDEX, USD/HKD, STRAITS TIMES INDEX:Hang Seng index consolidating at key 26,000 support as US equities pull back USD/HKD trades firmly at the 7.750 – the lower bound of the currency...
Canadian Dollar Talking PointsUSD/CAD is little changed from the start of the month amid the limited reaction to the Bank of Canada’s (BoC) Business Outlook survey, and the exchange rate may continue...
ASX 200, Covid-19 Lockdown Restrictions, Australian Fiscal Policy – Talking Points:A ‘second wave’ of coronavirus cases in Australia’s second biggest city threatens to hamper the nation’s tentative recovery Uncertainty around the future...
New Zealand Dollar Outlook, NZD/CHF, NZD/CAD, AUD/NZD – TALKING POINTSNZD/CHF outlook bearish as the pair struggles to surmount key resistance rangeNZD/CAD trading at 13-month highs, but are technical cues hinting at a...
Australian Dollar Talking PointsAUD/USD snaps six consecutive days of advances following the limited reaction to the Reserve Bank of Australia (RBA) interest rate decision, and the exchange rate may consolidate over the...
Australian Dollar, Japanese Yen, AUD/JPY, Coronavirus – TALKING POINTSWall Street stocks hammered by alarming EU data, growth forecasts and rising Covid-19 casesHaven-linked US and anti-risk JPY rose at the expense of AUD,...
Canadian Dollar Price Outlook:USD/CAD mounted a large rally early this week, but still remains within its recent rangeNZD/CAD appears to be in the early stages of a break out, a possibility we...
S&P 500, Market Sentiment, Insider Activity, Retail Trader Positioning – Talking PointsIG Client Sentiment net-short positioning grows and sends a contrarian bullish signal Key executives of top S&P 500 companies liquidate...
Mexican Peso Technical Price Outlook: USD/MXN Near-term Trade LevelsMexican Peso updated technical trade levels – Daily & Intraday ChartsUSD/MXN five-day decline rebounds off technical supportRisk for topside exhaustion ahead of 23.1089 –...