The U.S. dollar, as measured by the DXY index, fell on Friday after U.S. PCE data showed that consumer spending and core inflation rose less than expected in May, giving the Fed cover to be less hawkish.
from DailyFX - Market News https://ift.tt/r5XT1Ww
via IFTTT
Friday, 30 June 2023
Gold Price Latest: Testing Support as US Inflation Data Nears
Markets are in wait-and-see mode ahead of the latest US inflation print out later today.
from DailyFX - Market News https://ift.tt/TMdCcmQ
via IFTTT
from DailyFX - Market News https://ift.tt/TMdCcmQ
via IFTTT
Euro Breaking News: Core Inflation Rises in Europe Headline Declines
The stickier, core measure of inflation in the Euro Area rose during the month of June but less than expected. Headline inflation continues to make progress
from DailyFX - Market News https://ift.tt/f97p6qa
via IFTTT
from DailyFX - Market News https://ift.tt/f97p6qa
via IFTTT
FTSE 100 DAX 40 and S&P 500 try to end month and quarter on a high
Outlook on FTSE 100, DAX 40, and S&P 500 as month and quarter end may generate volatility.
from DailyFX - Market News https://ift.tt/wxNBlYJ
via IFTTT
from DailyFX - Market News https://ift.tt/wxNBlYJ
via IFTTT
Thursday, 29 June 2023
Japanese Yen Setups: USD/JPY Buoyed by US Data GBP/JPY Wavers at Resistance
This article examines USD/JPY and GBP/JPY from a technical analysis perspective, analyzing possible scenarios in the event that key price levels are invalidated or maintained.
from DailyFX - Market News https://ift.tt/8GAr6LY
via IFTTT
from DailyFX - Market News https://ift.tt/8GAr6LY
via IFTTT
Gold Prices Teeter on Brink of Breakdown as US Yields Fly High Following US Data
Gold prices could head lower in the near term if strong U.S. economic data lead the Fed to deliver additional monetary tightening in the coming months.
from DailyFX - Market News https://ift.tt/o5LkEbP
via IFTTT
from DailyFX - Market News https://ift.tt/o5LkEbP
via IFTTT
Euro Breaking News: German CPI Breaks Disinflationary Trend Euro Dips
Inflation during the month of June proved too hot, halting progress to the developing disinflationary trend. Euro eases
from DailyFX - Market News https://ift.tt/Z3vs4np
via IFTTT
from DailyFX - Market News https://ift.tt/Z3vs4np
via IFTTT
Bitcoin (BTC/USD) Needs a Confirmed Break of $31k to Regain Bullish Momentum
Bitcoin is consolidating its recent sharp gains and may push further ahead if near-term resistance can be taken out.
from DailyFX - Market News https://ift.tt/xoC0hNs
via IFTTT
from DailyFX - Market News https://ift.tt/xoC0hNs
via IFTTT
Dow Nasdaq 100 and CAC40 make headway
Indices have continued to recover from the lows of the week, and look set for more gains.
from DailyFX - Market News https://ift.tt/CVqQgcL
via IFTTT
from DailyFX - Market News https://ift.tt/CVqQgcL
via IFTTT
Silver (XAG/USD) Price Forecast: Silver Selling Meets Support
Silver selling abates as prices consolidate into a pennant formation. Levels for bearish continuation identified
from DailyFX - Market News https://ift.tt/Y0VrlDn
via IFTTT
from DailyFX - Market News https://ift.tt/Y0VrlDn
via IFTTT
Wednesday, 28 June 2023
Australian Dollar Fails to Firm on Strong Data as US Dollar Gains. Lower AUD/USD?
The Australian Dollar backed away from higher ground after the US Dollar ascendency got back on track as markets digest the Federal Reserve’s prospective rate path. Where to for AUD/USD?
from DailyFX - Market News https://ift.tt/LAlIeJU
via IFTTT
from DailyFX - Market News https://ift.tt/LAlIeJU
via IFTTT
Crude Oil Conflicted by Tightening Rates and Dwindling Inventory. Where to for WTI?
Crude oil prices consolidated going into Thursday after testing the low side of the range as markets reassess the monetary policy outlook. Will the range break for WTI?
from DailyFX - Market News https://ift.tt/b5MJ0QC
via IFTTT
from DailyFX - Market News https://ift.tt/b5MJ0QC
via IFTTT
Gold Price Nearing Key Fibonacci Support as Powell Keeps Hawkish Outlook in Play
Gold prices retreat as Fed chair Powell retains hawkish stance, signaling that the central bank will resume hiking rates at upcoming meetings, an event that could push real and nominal yields higher.
from DailyFX - Market News https://ift.tt/hcVZYzp
via IFTTT
from DailyFX - Market News https://ift.tt/hcVZYzp
via IFTTT
Gold Price Forecast: XAU/USD Breakdown Levels Identified
Gold has broken below the longer-term ascending channel, pointing to continued selling despite short-lived geopolitical tensions providing a lift to the precious metal
from DailyFX - Market News https://ift.tt/g5YfK1l
via IFTTT
from DailyFX - Market News https://ift.tt/g5YfK1l
via IFTTT
FTSE 100 DAX 40 and S&P 500 recover
Outlook on FTSE 100, DAX 40 and S&P 500 as they bounce off this week’s lows on solid US data
from DailyFX - Market News https://ift.tt/IgiyLx7
via IFTTT
from DailyFX - Market News https://ift.tt/IgiyLx7
via IFTTT
EUR/USD to Remain Supported by Hawkish ECB as Sintra Meeting Heats Up
EUR/USD is likely to remain rangebound as Central Bankers share their thoughts at the ECB Forum. The tussle for superiority between bulls and bears looks set to rumble on.
from DailyFX - Market News https://ift.tt/gomwyzK
via IFTTT
from DailyFX - Market News https://ift.tt/gomwyzK
via IFTTT
Tuesday, 27 June 2023
New Zealand Dollar Ahead of US PCE Data; NZD/USD AUD/NZD GBP/NZD Price Setups
The New Zealand dollar is maintaining a weak bias against most of its peers ahead of the key US PCE price data due Friday, on diverging monetary policy outlooks. What’s next for NZD/USD, AUD/NZD, and GBP/NZD?
from DailyFX - Market News https://ift.tt/rwlRAy3
via IFTTT
from DailyFX - Market News https://ift.tt/rwlRAy3
via IFTTT
Australian Dollar Slides After CPI Data; How Much More Downside in AUD/USD?
AUD dropped after Australia's monthly CPI indicator showed price pressures moderated more than expected last month. What is the outlook for AUD/USD ahead of Australia retail sales (Thursday) and US PCE data (Friday)?
from DailyFX - Market News https://ift.tt/H27L5zO
via IFTTT
from DailyFX - Market News https://ift.tt/H27L5zO
via IFTTT
Bank of Japan (BoJ) - Foreign Exchange Market Intervention
As interest rate differentials widen between Japan and other major economies, the Japanese Yen continues to weaken.
from DailyFX - Market News https://ift.tt/Bmp90FI
via IFTTT
from DailyFX - Market News https://ift.tt/Bmp90FI
via IFTTT
Japanese Yen Weakens Further: USD/JPY GBP/JPY and CAD/JPY Latest
Japanese officials are voicing their concerns over the latest bout of JPY weakness, but will jaw-boning be enough to stop the Japanese Yen from falling further.
from DailyFX - Market News https://ift.tt/Htv2k5G
via IFTTT
from DailyFX - Market News https://ift.tt/Htv2k5G
via IFTTT
Subscribe to:
Posts (Atom)
ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...