Weekly Trading Forecast: A New Front on Trade Wars Will Test Risk Trends, Dollar

See how sell traders are positioning in a FX majors, indices, bullion and oil intraday regulating a DailyFX suppositional positioning data on a view page.

US Dollar Rally May Regain Momentum Amid Trade War Worries

The US Dollar might recover ceiling movement as worries about sharpening trade wars coax haven-seeking collateral flows in a week ahead.

USD/JPY Breaks a Jun Bullish Trend Despite Continued Inflation Lag

After spending a initial half of Jun using aloft within a bullish channel, USD/JPY broke-back down subsequent a vaulted psychological turn of 110.00, even as acceleration remained subsequent one-percent.

GBP: Bullish Momentum Aided by Hawkish Bank of England

The Bank of England kept a benchmark rate unvaried with a opinion of 6-3 during a assembly this past week. In a week ahead, a EU Summit will move a concentration behind to Brexit as England’s counterparts import swell so far.

Australian Dollar’s 360 Degree Hammering Likely To Continue

The Australian Dollar can't locate a break. Its home seductiveness rates are going nowhere as trade-war risk hatred batters it from outside. This murky standing quo seems doubtful to dissipate.

New Zealand Dollar May Fall on US Data and Trade Wars. Not RBNZ

The New Zealand Dollar might decrease subsequent week as a US Dollar gains on GDP and PCE information while trade fight fears rise. Volatility might to be subdued on a RBNZ rate decision.

Yuan Weakness to Persist on RRR Cut Bets, Trade War; Equity Losses May Ease

Both a Chinese Yuan and Chinese equities tumbled this past week. Looking forward, a Yuan rate and Chinese bonds might continue to humour from a strong US-China trade war, with tit-for-tat attacks.

Gold Price Sell-off Deepens notwithstanding Rising Tariff, Trade War Concerns

The intensification of tongue between China and a U.S. has continued to import on marketplace view as investors import a impact of an all-out trade fight between a world’s largest economies.

Crude Oil Forecast: Rising Trade War Tensions to Keep a Lid on Oil Price Gains

OPECagreed to boost outlay by 1mln bpd to revoke ‘over compliance’ with a stream outlay agreement. Subsequently, WTI and Brent wanton futures rose with a latter quickly above $75/bbl, given that markets had feared that OPEC would determine a incomparable production, while a 1mln bpd boost will expected paint a genuine boost of 600-700k bpd, that had been mostly labelled in.

SP 500, DAX FTSE – How Will Markets Repond to Weakness Next Week?

Last week, a large motorist in markets was a trade war, though once again notwithstanding initial headlines attack futures overnight, a down open was bought. Turning courtesy to a mercantile calendar, subsequent week binds several ‘high’ impact information releases: Consumer Confidence on Tuesday, Durable Goods and Trade Balance on Wednesday, GDP on Thursday, and Core PCE on Friday.

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