Wednesday, 6 January 2021

Dow Jones Climbs on Democratic Sweep, Nikkei 225 and ASX 200 Open Higher

The Dow Jones and S&P 500 climbed on a likely Democratic win of the two Georgian Senate seats, brightening the prospect for stimulus and infrastructure spending.

from DailyFX - Market News https://ift.tt/3bdA7ZJ
via IFTTT

Australian Dollar, S&P 500 May Rise as Georgia Senate Race Boosts Stimulus Bets

The Australian Dollar may rally with the S&P 500 despite Capitol Hill’s temporary lockdown as markets welcome fiscal stimulus prospects after Democrats likely won both Senate seats in Georgia.

from DailyFX - Market News https://ift.tt/3bmaF4B
via IFTTT

USD Price Outlook: US Dollar Mixed Amid Clash on Capitol Hill

The US Dollar lacked clear direction during Wednesday's trading session as USD price action gyrated in response to surging Treasury yields and disconcerting developments on Capitol Hill.

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

FTSE 100 Forecast: Can the Bullish Break Out Continue Post-Brexit?

The FTSE 100 has charged higher this week, adding to gains established over the last few months. Can it continue higher now that Brexit has passed?

from DailyFX - Market News https://ift.tt/3s2WFTd
via IFTTT

AUD/USD Pushes Above April 2018 High as RSI Sits in Overbought Zone

The Relative Strength Index (RSI) indicates a further appreciation in AUD/USD as the oscillator holds in overbought territory.

from DailyFX - Market News https://ift.tt/3oo0Kip
via IFTTT

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

from DailyFX - Market News https://ift.tt/33zwgSi
via IFTTT

Canadian Dollar Forecast: USD/CAD Falling Wedge Threatens Reversal

The past eight months have been especially bearish for USD/CAD. Jumping from a two-year-low, can bulls stage anything more than a pullback?

from DailyFX - Market News https://ift.tt/39dlALg
via IFTTT

EUR/USD Rate Approaches April 2018 High Despite RSI Divergence

EUR/USD clears the range bound price action from earlier this week even though the RSI diverges with price, with Euro Dollar approaching the April 2018 high (1.2414).

from DailyFX - Market News https://ift.tt/39aiXd1
via IFTTT

US Tech Stocks Break Down, FTSE 100 Soars, USD/JPY Upside Capped - US Market Open

Democrats on Course for Blue Wave Following Georgia Senate Election

from DailyFX - Market News https://ift.tt/397dcN5
via IFTTT

Bitcoin (BTC) Hits New All-Time High, Ethereum (ETH) Jumps Further as Volatility Soars

The cryptocurrency buying frenzy continues with Bitcoin hitting a new ATH while a host of altcoins rack up fresh hefty gains.

from DailyFX - Market News https://ift.tt/2XiPzeQ
via IFTTT

US Dollar, Nasdaq 100, US Rates React to Likely Democrat Sweep

US Dollar at Risk, Nasdaq 100 Breaks Down, US Rates Soar After Key Level is Breached.

from DailyFX - Market News https://ift.tt/38gsm3k
via IFTTT

How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

from DailyFX - Market News https://ift.tt/2XeVKkd
via IFTTT

British Pound (GBP) Latest: GBP/USD Rides the Wave Higher on Georgia Votes

The US Democrats look well placed to win both Senate seats on offer in Georgia, giving them effective control of both Houses of Congress, sending USD lower and currencies like GBP higher.

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

Nasdaq 100 Staggers Lower as Democratic Sweep in Georgia Looks Likely

The tech-heavy Nasdaq 100 index could be at risk of extended losses as a Democratic “Blue Wave” becomes increasingly likely and price begins to challenge pivotal uptrend support.

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

Tuesday, 5 January 2021

Gold, Copper Prices Retreat amid Tight Races in Geogia's Senate Runoff Election

Gold and copper prices receded from their recent highs as investors await Georgia Senate runoff election results. An initial Democratic lead narrowed. The US Dollar rebounded from a two-and-half ye...

from DailyFX - Market News https://ift.tt/3b9iJ8F
via IFTTT

USD/CNH,AUD/USD Unfazed on Chinese PMI Report, Eyeing US Senate Runoffs

USD/CNH and AUD/USD are eyeing US Senate runoffs after Chinese services PMI data for December showed signs of strength as the country looks to rebuild and rebound from the COVID-19 pandemic.

from DailyFX - Market News https://ift.tt/3998WN2
via IFTTT

Hang Seng Index Edges Higher as Dow Jones Rebounds With Crude Oil

Crude oil prices advanced 5% after Saudi Arabia surprised markets with a production cut. Wall Street stocks closed broadly higher led by material and energy sectors and much stronger manufacturing ...

from DailyFX - Market News https://ift.tt/38ghVN7
via IFTTT

Japanese Yen Price Outlook: AUD/JPY, CAD/JPY, NZD/JPY Levels to Watch

The Japanese Yen could be at risk of extended losses, as price hovers precariously above sentiment-defining support. AUD/JPY, CAD/JPY, NZDJPY levels to watch.

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

Australian Dollar Outlook: Chinese PMIs, U.S. Runoff Elections in Focus

Upcoming Chinese PMI data and Georgia's Senate runoff elections in the United States look set to dictate sentiment over the next 24 hours with AUD/USD running to the upside

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

AUD/USD Rips, USD/CAD Swoons as US Dollar Eyes Senate Runoff

The US Dollar pivoted lower on Tuesday and reversed the prior session's rebound with Georgia senate runoff election results in focus. AUD/USD advanced decisively while USD/CAD edged lower.

from DailyFX - Market News https://ift.tt/2L69MSH
via IFTTT

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...