The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United States.
from DailyFX - Market News https://ift.tt/2XtfTDh
via IFTTT
Sunday, 10 January 2021
S&P 500, ASX 200 Weekly Outlook: Rising Treasury Yields Flag Risk Ahead
The ASX 200 index opened lower alongside US equity index futures. Rising US Treasury yields led the US Dollar to strengthen, which may weigh on risk assets, EM currencies and commodities.
from DailyFX - Market News https://ift.tt/38z2aBn
via IFTTT
from DailyFX - Market News https://ift.tt/38z2aBn
via IFTTT
US Dollar Up as Wage Inflation, Biden Stimulus Pledge Drive Fed Outlook
The US Dollar is on the upswing as rising wage inflation and the promise of fiscal stimulus expansion by President-elect Biden cool Fed easing bets and drive up yields.
from DailyFX - Market News https://ift.tt/3hYfKkO
via IFTTT
from DailyFX - Market News https://ift.tt/3hYfKkO
via IFTTT
Markets Week Ahead: Nasdaq 100, Russell 2000, Gold, USD, Stimulus, Treasury Yields
The Nasdaq 100 and Russell 2000 started 2021 on a high note with longer-dated Treasury yields as gold tumbled. The US Dollar and crude oil found some support on rising fiscal stimulus prospects des...
from DailyFX - Market News https://ift.tt/2XqujE2
via IFTTT
from DailyFX - Market News https://ift.tt/2XqujE2
via IFTTT
Weekly US Dollar Fundamental Forecast: Down, But Not Out
The DXY Index may be turning the corner as the stretch of bad US economic data nears exhaustion.
from DailyFX - Market News https://ift.tt/38tE9LJ
via IFTTT
from DailyFX - Market News https://ift.tt/38tE9LJ
via IFTTT
Will the S&P 500 Extend Its Record Rally on Reflation Hopes?
The seemingly unstoppable rally in US stocks may have more room to go before time is ripe for a correction. The reflation trade appears to be gaining traction, but overstretched valuations may flag...
from DailyFX - Market News https://ift.tt/2LA01MA
via IFTTT
from DailyFX - Market News https://ift.tt/2LA01MA
via IFTTT
Saturday, 9 January 2021
Mexican Peso Forecast: USD/MXN Balances on Support as Covid-19 Cases Surge in Mexico
The strong downtrend in USD/MXN has stagnated in recent weeks as bearish momentum eases.
from DailyFX - Market News https://ift.tt/2MPrCu1
via IFTTT
from DailyFX - Market News https://ift.tt/2MPrCu1
via IFTTT
Euro Forecast: EUR/USD Outlook Upbeat on Sunny Market Sentiment
Trader confidence has been boosted by the US Democrats winning control of the Senate, suggesting further flows out of the safe-haven US Dollar into ‘risk-on’ currencies such as the Euro.
from DailyFX - Market News https://ift.tt/3s9dThC
via IFTTT
from DailyFX - Market News https://ift.tt/3s9dThC
via IFTTT
Gold Price Outlook Mired by Spike in US Treasury Yields
The price of gold tumbles to a fresh weekly low ($1834), with the weakness in bullion largely coinciding with the recent spike in US Treasury yields.
from DailyFX - Market News https://ift.tt/2LhT9DN
via IFTTT
from DailyFX - Market News https://ift.tt/2LhT9DN
via IFTTT
Friday, 8 January 2021
Crude Oil Prices Eyeing OPEC Outlook Report After Saudi Output Cut, US Stimulus
Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.
from DailyFX - Market News https://ift.tt/2LdFHAR
via IFTTT
from DailyFX - Market News https://ift.tt/2LdFHAR
via IFTTT
Australian Dollar Outlook: Rising Commodity Prices to Drive AUD Higher
Australia’s success in suppressing the novel coronavirus and soaring commodity prices may continue to underpin the cyclically-sensitive AUD in the coming months.
from DailyFX - Market News https://ift.tt/3hX4DZl
via IFTTT
from DailyFX - Market News https://ift.tt/3hX4DZl
via IFTTT
South African Rand Price Forecast: USD/ZAR, GBP/ZAR,EUR/ZAR Setups
Rand Falters Amid Dismal Economic Outlook and a Potent Second Wave
from DailyFX - Market News https://ift.tt/3q2gckN
via IFTTT
from DailyFX - Market News https://ift.tt/3q2gckN
via IFTTT
Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling
Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.
from DailyFX - Market News https://ift.tt/35o2u3F
via IFTTT
from DailyFX - Market News https://ift.tt/35o2u3F
via IFTTT
Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling
Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.
from DailyFX - Market News https://ift.tt/35o2u3F
via IFTTT
from DailyFX - Market News https://ift.tt/35o2u3F
via IFTTT
USD/CAD Rates to Watch Following Canada Employment Report
Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.
from DailyFX - Market News https://ift.tt/3q35iva
via IFTTT
from DailyFX - Market News https://ift.tt/3q35iva
via IFTTT
USD/CAD Rates to Watch Following Canada Employment Report
Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.
from DailyFX - Market News https://ift.tt/3q35iva
via IFTTT
from DailyFX - Market News https://ift.tt/3q35iva
via IFTTT
Silver (XAG/USD) Snaps Back From Resistance Post-NFP
Silver prices pull back following this morning’s NFP report
from DailyFX - Market News https://ift.tt/2LbMXgs
via IFTTT
from DailyFX - Market News https://ift.tt/2LbMXgs
via IFTTT
Stock Market Forecast: Three Stocks to Watch in the Week Ahead
A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.
from DailyFX - Market News https://ift.tt/3pTxHnk
via IFTTT
from DailyFX - Market News https://ift.tt/3pTxHnk
via IFTTT
US Dollar, S&P 500, US Rates Whipsaw After Mixed NFP Report
A weaker than expected NFP headline with job losses at 140k, against expectations of a 71k jobs increase.
from DailyFX - Market News https://ift.tt/3i6vdPX
via IFTTT
from DailyFX - Market News https://ift.tt/3i6vdPX
via IFTTT
As a New Retail Trader Age Rises, Heed Tales of Past Manias
In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.
from DailyFX - Market News https://ift.tt/3aTc7uJ
via IFTTT
from DailyFX - Market News https://ift.tt/3aTc7uJ
via IFTTT
Subscribe to:
Comments (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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....