GBP/USD is looking toppish after the gains that have taken it sharply higher this month in tandem with a weak US Dollar.
from DailyFX - Market News https://ift.tt/3hEMEpd
via IFTTT
Tuesday, 28 July 2020
Gold Price Surge May Fizzle if the Fed Holds Back Stimulus Boost
Gold prices have raced upward to a new record high as the US Dollar sinks amid speculation about a Fed stimulus boost. They may slump back if the central bank disappoints.
from DailyFX - Market News https://ift.tt/3076iE8
via IFTTT
from DailyFX - Market News https://ift.tt/3076iE8
via IFTTT
S&P 500 Index Dictated By Coronavirus Relief Bill Talks, FOMC Rate Decision
The S&P 500 stock index may fall ahead of the Federal Reserve interest rate decision on July 29 as coronavirus relief bill talks stall in the Senate.
from DailyFX - Market News https://ift.tt/2P7XMOV
via IFTTT
from DailyFX - Market News https://ift.tt/2P7XMOV
via IFTTT
Monday, 27 July 2020
USD/CAD Rate Eyes March Low Ahead of FOMC Rate Decision
USD/CAD appears to be on track to test the June low (1.3315) as it trades to a fresh monthly low (1.3425) ahead of the Federal Reserve interest rate decision on July 29.
from DailyFX - Market News https://ift.tt/3jNLTMb
via IFTTT
from DailyFX - Market News https://ift.tt/3jNLTMb
via IFTTT
New Zealand Dollar Outlook: NZD/JPY, NZD/CAD, NZD/CHF Levels to Watch
The New Zealand Dollar may fall as the NZD/JPY and NZD/CAD exchange rates struggle to breach pivotal resistance.
from DailyFX - Market News https://ift.tt/3053iIz
via IFTTT
from DailyFX - Market News https://ift.tt/3053iIz
via IFTTT
Bitcoin, Ethereum Outlook Bullish as US Dollar Demand Fades
Bitcoin and Ethereum may extend their rally in the week ahead if US Dollar weakness persists in tandem with swelling demand for higher-beta assets.
from DailyFX - Market News https://ift.tt/32YPAJ0
via IFTTT
from DailyFX - Market News https://ift.tt/32YPAJ0
via IFTTT
ASX 200 Attempts 6100 as Mining Stocks Rise, Nikkei 225 Edging Higher
Australia’s ASX 200 stock index is set to climb on Tuesday after an upbeat US session. Higher gold prices boosted mining sector. Japan’s Nikkei 225 stock index may rise.
from DailyFX - Market News https://ift.tt/3hNdeg1
via IFTTT
from DailyFX - Market News https://ift.tt/3hNdeg1
via IFTTT
AUD/USD Outlook: RSI Flirts with Overbought Zone Ahead of Australia CPI
The Relative Strength Index (RSI) may offer a bullish signal for AUD/USD as the indicator flirts with overbought territory.
from DailyFX - Market News https://ift.tt/30PL6Sx
via IFTTT
from DailyFX - Market News https://ift.tt/30PL6Sx
via IFTTT
S&P 500 Outlook: VIX in Focus Amid Earnings, Stimulus Talks
Stocks appear ripe for volatility this week with earnings season swinging into full gear and politicians debating the latest coronavirus stimulus package, which brings the S&P 500 VIX ‘fear-gauge’ ...
from DailyFX - Market News https://ift.tt/2P0pnSh
via IFTTT
from DailyFX - Market News https://ift.tt/2P0pnSh
via IFTTT
USD Weakness May Persist Despite Rising US-China Geopolitical Tension
The US Dollar may continue to slide against its G10 peers despite increasingly hostile geopolitical tensions between the United States and China.
from DailyFX - Market News https://ift.tt/30R41wi
via IFTTT
from DailyFX - Market News https://ift.tt/30R41wi
via IFTTT
King Dollar Dethroned as EUR/USD Surges, DXY Hits 2-Year Low
The Greenback looks keen on surrendering its 'King Dollar' title as the DXY Index plunges to its lowest level in over two years while EUR/USD skyrockets. Have US Dollar bears taken control?
from DailyFX - Market News https://ift.tt/2X2bB5V
via IFTTT
from DailyFX - Market News https://ift.tt/2X2bB5V
via IFTTT
Mexican Peso Price Forecast: USD/MXN Drives Monthly Low, USD Smashed
As the US Dollar gets smashed to two-year-lows, USD/MXN crawls down to it's own monthly low. But with FOMC on deck, volatility may be around-the-corner.
from DailyFX - Market News https://ift.tt/301QdQm
via IFTTT
from DailyFX - Market News https://ift.tt/301QdQm
via IFTTT
Euro Forecast: EUR/USD Testing Multi-Year Symmetrical Triangle
EUR/USD is testing resistance of a multi-year symmetrical triangle. Will economic data, risk sentiment and a global pandemic provide the breakout catalyst?
from DailyFX - Market News https://ift.tt/3jJISg6
via IFTTT
from DailyFX - Market News https://ift.tt/3jJISg6
via IFTTT
Mexican Peso Outlook at the Mercy of US Economic Trends
Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.
from DailyFX - Market News https://ift.tt/3hUwUiT
via IFTTT
from DailyFX - Market News https://ift.tt/3hUwUiT
via IFTTT
Markets Week Ahead: Gold Prices, Dow Jones, US Dollar, FANG, Recessions
Gold prices and the Euro soared as the US Dollar sank. Are the S&P 500, Dow Jones and Nasdaq Composite vulnerable after lackluster tech earnings? The United States is poised to enter a technical re...
from DailyFX - Market News https://ift.tt/3g6zq45
via IFTTT
from DailyFX - Market News https://ift.tt/3g6zq45
via IFTTT
GBP/USD, EUR/GBP and GBP/NZD Outlooks - UK Webinar
Sterling is pushing higher against a weak US dollar and is consolidating recent losses against a range of other currencies including EUR/GBP and GBP/NZD.
from DailyFX - Market News https://ift.tt/2WZT7TT
via IFTTT
from DailyFX - Market News https://ift.tt/2WZT7TT
via IFTTT
US Dollar Selling Dominates, EUR/USD Longs Extend Further - COT Report
US Dollar selling the dominant theme across the FX space as real yields plummet. Euro Bulls Boosted.
from DailyFX - Market News https://ift.tt/2D4sJRv
via IFTTT
from DailyFX - Market News https://ift.tt/2D4sJRv
via IFTTT
British Pound (GBP) Latest: GBP/USD Hits a 4-Month High as the US Dollar Slumps Further
Sterling opens the week little changed against a basket of other currencies but trades at a fresh four-month high against a feeble US dollar.
from DailyFX - Market News https://ift.tt/32Z4eAg
via IFTTT
from DailyFX - Market News https://ift.tt/32Z4eAg
via IFTTT
IBEX 35, CAC 40 Stock Indexes May Fall as Covid-19 Fears Heat Up
Spain’s IBEX 35 stock index may extend declines after breaking its 4-month uptrend. France’s CAC 40 equities benchmark is perched at a pivotal support as RSI flops into bearish territory.
from DailyFX - Market News https://ift.tt/2X2vjPc
via IFTTT
from DailyFX - Market News https://ift.tt/2X2vjPc
via IFTTT
Crude Oil Prices May Rise with Stocks, Gold Hits Record High
Crude oil prices may rise with stocks as risk appetite firms across financial markets. Gold prices have jumped to a record high ahead of the FOMC policy announcement.
from DailyFX - Market News https://ift.tt/3f5zOi1
via IFTTT
from DailyFX - Market News https://ift.tt/3f5zOi1
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 -...