Gold Price Outlook: Fundamental & Technicals at Odds, What Now for XAU/USD?

This article examines gold’s near-term outlook, exploring various scenarios that may arise following the release of core PCE data, which is considered the Federal Reserve's preferred inflation measure.

from DailyFX - Market News https://ift.tt/XVBHZJe
via IFTTT

Japanese Yen Analysis & Setups: USD/JPY, EUR/JPY, GBP/JPY - Breakdown Ahead?

This article provides an in-depth analysis of the technical outlook for USD/JPY, EUR/JPY, and GBP/JPY, dissecting key resistance and support levels crucial for strategic risk management in position building.

from DailyFX - Market News https://ift.tt/9UvLOHq
via IFTTT

Dow and Nasdaq 100 Ease Back While Hang Seng Bounce Hits a Wall

US indices continue to tiptoe lower after last week’s highs, while the Hang Seng’s bounce from the January lows is coming under pressure.

from DailyFX - Market News https://ift.tt/PDywWMO
via IFTTT

EUR/USD Rests Upon Key Long-Term Trend Filter Ahead of Key Inflation Data

EU jobs and inflation data in focus today alongside US PCE figures. EUR/USD sits on a key level as traders adopt a ‘wait and see’ approach to FX moves

from DailyFX - Market News https://ift.tt/Z5Hk8qp
via IFTTT

Japanese Yen Grabs a Bid, Emboldened by Bank of Japan Talk

USD/JPY slips back below 150 after one Bank of Japan board member suggested that the central bank’s inflation target is finally in sight

from DailyFX - Market News https://ift.tt/WydYvzF
via IFTTT

Markets on Edge Before US PCE Data; Outlook – Gold, EUR/USD, USD/JPY, GBP/USD

This article provides an in-depth analysis of the outlook for EUR/USD, USD/JPY, GBP/USD and gold prices, exploring various potential scenarios that may manifest over the coming days and weeks.

from DailyFX - Market News https://ift.tt/SMVFURq
via IFTTT

FTSE 100 and S&P 500 Consolidate while DAX 40 Trades in New Record Highs

Outlook on FTSE 100, DAX 40 and S&P 500 ahead of the second estimate of the US Q4 GDP growth and PCE inflation prints.

from DailyFX - Market News https://ift.tt/Kap34LO
via IFTTT

RBNZ Issues Dovish Hold and Aus Inflation Stands Firm, NZD Weakened

Markets have all but removed the likelihood of further rate hikes from the RBNZ after its dovish hold on the official cash rate. Aussie monthly inflation remains at 3.4%

from DailyFX - Market News https://ift.tt/3kRtJGB
via IFTTT

Euro Technical Analysis & Trade Setups - EUR/USD, EUR/GBP and EUR/JPY

This article dissects the technical outlook for EUR/USD, EUR/GBP, and EUR/JPY, scrutinizing price action dynamics and sentiment to glean insights into potential directional shifts.

from DailyFX - Market News https://ift.tt/bXpNLmu
via IFTTT

Gold Price Latest: XAU/USD Holds Gains, Awaits Key US Data

Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility may soon lead to consolidation

from DailyFX - Market News https://ift.tt/prMfDYF
via IFTTT

Crude Oil Prices Slip Back Despite Red-Sea Supply Worries

Attacks on shipping by Houthi militia in solidarity with Gaza have boosted oil prices. It’s unclear whether any temporary ceasefire would halt them.

from DailyFX - Market News https://ift.tt/ap1FdTv
via IFTTT

Japanese Yen Outlook: Markets Prioritise CPI Beat over Lower Trending Prices

Markets continue to favour the carry trade despite officials’ warnings around FX intervention. Inflation beat expectations but has declined every month since October

from DailyFX - Market News https://ift.tt/XqTiGE6
via IFTTT

Bitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD) Touches $3,275 as Buyers Dominate the Market

The cryptocurrency market cap is currently just over $2.13 trillion, up nearly 7% yesterday, as the market turned a sea of green on heavy buying

from DailyFX - Market News https://ift.tt/OUJLD5Q
via IFTTT

Gold Price Forecast: Confluence Resistance Stifles Bulls, Focus Shifts to US PCE

This article evaluates the short-term outlook for gold prices, examining various scenarios that may unfold later in the week following the release of U.S. core PCE data.

from DailyFX - Market News https://ift.tt/eODCu71
via IFTTT

Ethereum Spot ETF – The Next Cab Off the Rank?

Following the recent successful launch of more than ten Bitcoin ETFs, the investment community has turned its attention to the second-largest cryptocurrency by market capitalization, Ethereum (ETH).

from DailyFX - Market News https://ift.tt/ClhWrcR
via IFTTT

British Pound Edges Up Again, US Data Will Run This Week’s Trade

Sterling has enjoyed a run higher thanks in part to some better news from its home economy. There’s not much on this week’s slate, which will leave the Dollar in charge.

from DailyFX - Market News https://ift.tt/wCm1bvu
via IFTTT

Aussie Dollar Outlook: AUD/USD Finds Resistance Ahead of Inflation Data

AUD/USD is coming off a string of eight consecutive days of gains but appears to have found resistance at a key longer-term level now that Chinese markets have eased

from DailyFX - Market News https://ift.tt/1IRqtpn
via IFTTT

Markets Week Ahead: USD, Euro and Gold Eye Inflation Data, Sterling Supported

US growth and inflation data provide the pick of the bunch this week. CPI in Germany will influence ECB rate cut expectations and will a quiet week in the UK benefit GBP?

from DailyFX - Market News https://ift.tt/mDZer0K
via IFTTT

US Dollar Forecast: US PCE to Guide Markets; EUR/USD, GBP/USD, USD/JPY Setups

This article explores the technical outlook for three major U.S. dollar pairs: EUR/USD, GBP/USD, and USD/JPY. In the piece, we also discuss potential market scenarios ahead of key U.S. PCE data.

from DailyFX - Market News https://ift.tt/VWusej9
via IFTTT

Gold Weakened after Fed Officials Signalled a Preference to Delay Rate Cuts

Fed officials continued to signal a preference to remain patient on the topic of rate cuts as the US economy, consumer and labour market maintain their resilience

from DailyFX - Market News https://ift.tt/Ioz1Kj9
via IFTTT

Euro (EUR) Price Latest – EUR/USD Testing 200-SDMA Resistance, EUR/GBP Slipping Into Support

The German economy remains weak and the single currency is starting to struggle against the US dollar and Sterling

from DailyFX - Market News https://ift.tt/y2HISWF
via IFTTT

US Dollar Holding Post-FOMC Gains for Now, Gold Continues to Nudge Higher

US Fed Chair Jerome Powell poured water on a March rate cut at yesterday’s FOMC meeting but markets continue to price in an aggressive series of cuts for the rest of the year.

from DailyFX - Market News https://ift.tt/4elIVo1
via IFTTT