logo |

News

    Home   >     Industry    >     Main body

    Markets Week Ahead: S&P 500, British Pound, Brexit Woes, US Dollar, Fed

    Abstract:US equities, such as the S&P 500 and Nasdaq 100, finished their worst 2 weeks in months as the US Dollar gained. No-deal Brexit woes are coming back to haunt the British Pound ahead of the BoE. Wil...

      Global stock markets extended losses this past week as volatility cautiously picked up pace. This has brought the worst 2-week performance in US equities, such as the S&P 500 and tech-heavy Nasdaq 100, since earlier this year. Demand for safety helped boost haven-oriented currencies such as the US Dollar and Japanese Yen. Growth-linked crude oil prices also suffered.

      Starts in:

      Live now:

      Sep 16

      ( 16:09 GMT )

      Join Day 2 of the DailyFX Summit discussing indices

      DailyFX Education Summit: Trade Your Market - Day 2, Indices

      Register for webinar

      Join now

      Webinar has ended

      Prolonging weakness in stocks may have been a combination of rising US-China tensions as President Donald Trump touted a ‘decoupling’ from the worlds second-largest economy. Concerns about lofty valuations in information technology stocks could have also played a role. Meanwhile, the British Pound suffered its worst week in months on rising no-deal Brexit bets.

      With investors seemingly becoming increasingly cautious, all eyes turn to the Federal Reserve this coming week. The focus will likely be on its forward guidance and the latest assessment on economic conditions. Its balance sheet hasnt materially shifted since early July, perhaps leaving markets yearning for further liquidity.

      Starts in:

      Live now:

      Sep 17

      ( 16:09 GMT )

      Join Day 3 of the DailyFX Summit discussing currencies

      DailyFX Education Summit: Trade Your Market - Day 3, Forex

      Register for webinar

      Join now

      Webinar has ended

      The Bank of England and Bank of Japan are also on tap for the British Pound and JPY respectively. Will a jobs report bring volatility to the Australian Dollar? There also remains a divergence between the recovery in US equities and a lack of in consumer confidence. All eyes at the end of the week shift to the latest University of Michigan sentiment. What else is in store for financial markets?

      Discover your trading personality to help find optimal forms of analyzing financial markets

      Fundamental Forecasts:

      Euro Forecast: EUR/USD Set Fair to Reach Highest Levels Since Spring 2018

      If ECB President Christine Lagarde was hoping to curb the strength of EUR/USD last week, she failed. Instead, the pair is now well placed to reach new two-year highs above 1.20.

      Oil Price Approaches June Low Ahead of OPEC JMMC Meeting

      {30}

      The price of oil approaches the June low ($34.27) ahead of the OPECs September meeting as US crude inventories unexpectedly increase for the first time since July.

      {30}

      Nasdaq 100 Price Forecast: Fundamental Elements Remain Upbeat

      The Nasdaq 100 index has retraced over 9% from its all-time high as profit-taking activities ramped up amid US-China tensions. Fundamental elements, however, tell a different story.

      USD/MXN Week Ahead: FOMC Tailwinds Could Lead to Volatile Trading

      The Mexican Peso continues to outshine the Dollar, but USD/MXN is still 14% higher than the beginning of the year

      US Dollar Weekly Forecast: ECB Avoiding a Currency War, Eyes on Fed's New Mandate

      All eyes on the Fed as they update guidance to fit their new mandate. While the ECB want to avoid a currency war.

      Australian Dollar May Fall on Jobs Data, Economic Plateauing, China Tension

      The Australian Dollar may pull back as domestic economic activity and local inflation prospects plateau as geopolitical tension with China heats up.

      Gold Price Outlook: FOMC Rate Decision May Ignite XAU/USD Uptrend

      Gold prices may turn higher ahead of the upcoming FOMC rate decision, despite plateauing inflation expectations and a lack of progress in Congressional stimulus talks.

      Technical Forecasts:

      New Zealand Dollar Weekly Outlook - Mid-Range, Mixed Signals and Sentiment

      The Kiwi dollar continues its short-term sell-off and may look to test the multi-week low. Next weeks Q2 GDP release may prompt a move.

      Gold Price Outlook: XAU/USD Breakout to Offer Guidance as Range Coils

      Gold prices are higher this week with XAU/USD continuing to contract within the August range. Here are technical trade levels that matter on weekly chart.

      Pound Technical Outlook: GBP/USD in for Another Bumpy Week

      The GBP/USD is in for another interesting week as Brexit intensifies; in a precarious position technically.

      Japanese Yen Price Forecast: USD/JPY, GBP/JPY, EUR/JPY, CAD/JPY

      The Japanese Yen is eyeing a chart pattern against the US Dollar as it could extend gains against the British Pound. What is also in store for EUR/JPY and CAD/JPY in the week ahead?

      US Dollar Technical Forecast: USD Bounce in Focus Ahead of FOMC

      It was another week of gains for the Greenback – but next week brings the Fed.

      Nasdaq 100, Dow Jones, DAX 30, FTSE 100 Forecasts for the Week Ahead

      Equity markets experienced further turbulence last week as volatility picks up in accordance with the change in seasons. With key technical formations under threat, where are stocks headed next week?

      US DOLLAR WEEKLY PERFORMANCE AGAINST CURRENCIES AND GOLD

    Currencies

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.