Rich Dvorak Blog | Talkmarkets | Page 1
Analyst at DailyFX
Contributor's Links: DailyFX

Rich Dvorak has been an analyst at DailyFX since 2018, with a multi-asset focus and specialization in implied volatility. He started trading equities and commodities in 2012, and expanded to FX in 2016. Rich has served as President and Portfolio Manager of a university-sponsored investment ... more


Latest Posts
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Gold Forecast: XAU/USD At The Mercy Of A Fiscal Stimulus Deal
Gold prices could spike higher with potential for the US Dollar to weaken further if fiscal stimulus optimism can outshine skepticism. XAU/USD could decline, however, if the US Dollar strengthens as coronavirus concerns take hold.
US Dollar Firms On Solid PMI Data As Stimulus Hope Fades
An overall solid PMI report just released by IHS Markit looks like a potential driver of returning US Dollar strength. This likely boosts US economic growth trajectory on the back of solid momentum headed into 4Q-2020.
US Dollar Outlook: PMI Data To Fan Stimulus-Driven Volatility
US Dollar volatility remains heightened in the midst of back-and-forth stimulus negotiations. DXY Index selloff stabilizes as doubts surrounding another coronavirus aid package resurface.
USD/JPY Price Outlook: Dollar-Yen Undermined By Stimulus Hopes
USD/JPY price action oscillates lower after failing to eclipse its 50-day simple moving average. US Dollar selling pressure accelerates on the back of renewed optimism for a stimulus deal.
AUD/USD Price Outlook: Aussie-Dollar Eyes Key Data On Deck
The Australian Dollar struggled to find direction on Wednesday with AUD/USD set to close flat for the session.
Crude Oil Technical Outlook: Oil Price Struggling Below 50-DMA
Crude oil price action has recently fluctuated back and forth within a 10% trading range. Oil prices might revert back lower following a sharp rally that puttered out near the 50-DMA.
S&P 500, Nasdaq Plunge As Trump Collapses Stimulus Talks
US President Trump just stopped coronavirus stimulus negotiations until after the election.
USD Price Outlook: US Dollar Eyes Fed Speak, Stimulus, & Trump
The US Dollar drops to start the week owing to a recovery in market sentiment. DXY Index has the potential to rebound higher if US Dollar bulls can defend the 50-DMA.
USD/CHF Price Outlook: Swiss Franc Falls Sharply Ahead Of SNB
USD/CHF price has exploded over 200-pips so far this month as the US Dollar pivots higher. Swiss Franc falling sharply after hitting its strongest level against the USD in over five years.
US Dollar Extends Rally As Global PMI Data Fans Volatility
US Dollar pushing higher against major FX peers on the back of global PMI data. USD price action strengthening sharply off two-year lows points to risk aversion.
NZD/USD Price Outlook: Kiwi-Dollar Eyes RBNZ Decision & PMI Data
NZD/USD price action notches back-to-back declines headed into the RBNZ decision. New Zealand Dollar volatility elevated but less so relative to the prior central bank update.
USD Price Outlook: US Dollar Ripping Higher As Markets Swoon
US Dollar drives higher as market sentiment and liquidity conditions deteriorate further. DXY Index is potentially developing an inverse head and shoulder reversal pattern.
Dow Jones Tries To Turn Green On Upbeat Consumer Sentiment Data
Consumer sentiment data for September showed improvement and topped forecast. Stocks attempt to turn positive and clawback recent downside after holding weekly lows.
Crude Oil Price Climbs To Test 50-DMA In Wake Of OPEC+ Update
Oil price action responded positively to the latest OPEC+ update from top energy ministers.The commodity has advanced 10% so far this week but still trades down month-to-date.
Gold, Dollar & Nasdaq React To FOMC Decision, Fresh Projections
FOMC decision leaves the target federal funds rate on hold near zero as expected. Fed officials upgraded economic projections for GDP, unemployment, and inflation.
Fed Meeting Preview: US Dollar Hinges On Guidance From Powell
US Dollar might resume its bearish trend if FOMC officials like Chair Powell echo loose policy. DXY Index could rally if the S&P 500 VIX snaps sharply higher amid renewed risk aversion.
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