<div> <p>The Dollar, Yen, Swiss franc, and Euro, have outperformed while the commodity and many developing nation economies, especially those of export orientated economies and/or with high dollar borrowing, have underperformed.</p> <p><iframe src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.fac
Infinite QE
<p><em>The latest RBA bond purchase program aims to make credit accessible and inexpensive despite the threat of a recession against the economy due to the growing coronavirus crisis.</em></p> <p>As part of the newly announced QE policy, the RBA bought government bonds worth AUD 4 billion in an effort to maintain short
Canada: Every day is live for the BoC – TDS
The 100 bps of Fed cuts and the resumption of QE in the US will put focus back on the Bank of Canada. There is no indication that the BoC will feel pr
Gold Price Analysis: Eyeing $1,521, then $1,535 after Fed announced open-ended QE – Confluence Detector
Gold has recaptured the $1,500 level after the Federal Reserve announced an open-ended Quantitative Easing program – flooding markets with cash, as mu
EUR/USD New York Price Forecast: Euro off 37-month lows as Fed announces open-ended bond-buying operation
After an above-average decline, EUR/USD is bouncing from 37-month lows as the Fed announced TALF, a new aggressive action to confront disruptions. The US dolla
AUD/USD jumps above 0.5800 as USD weakens on Fed's expansion of QE
The AUD/USD pair gained traction in the last hour and added more than 100 pips as the USD came under heavy selling pressure on the Federal Reserve's a
(23 March 2020)Gold spot ($) Intraday support around 1479.00.
<p> </p> <p>Pivot</p> <p> (invalidation): 1479.00 </p> <p>Our preference</p> <p>Long positions above 1479.00 with targets at 1511.00 & 1523.00 in extension.</p>
(23 March 2020)Silver spot ($) Rebound expected.
<p>Pivot</p> <p> (invalidation): 12.3100 </p> <p>Our preference</p> <p>Long positions above 12.3100 with targets at 12.7800 & 13.0100 in extension.</p> <p>Alternative scenario</p>
(23 March 2020)Crude Oil (WTI) Key resistance at 23.80.
<p>Pivot</p> <p> (invalidation): 23.80 </p> <p>Our preference</p> <p>Short positions below 23.80 with targets at 21.70 & 20.50 in extension.</p> <p>Alternative scenario</p>
Natural Gas Roll Date – April 2020
<p>Friday, March 27th, marks the Last Trade Date for the April 2020 Natural Gas futures contract. Active NG traders can roll to the May contract as early as Tuesday, March 24th, before the open. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcements & mor