Gold prices snapped higher after dropping as much as 1.2% before Monday but a stronger USD and fading stimulus hopes may continue to weigh. Traders are eyeing US$ 1,807 for near-term support.
from DailyFX - Market News https://ift.tt/39Kw0lJ
via IFTTT
Sunday, 17 January 2021
US Dollar Bottoming? Smaller Fiscal Stimulus, Earnings, Covid Threaten ASEAN FX
The US Dollar may be finding a turning point against ASEAN currencies as smaller fiscal stimulus bets, soft earnings risk and Covid cases translate into some capital flight from equities.
from DailyFX - Market News https://ift.tt/3irBMwn
via IFTTT
from DailyFX - Market News https://ift.tt/3irBMwn
via IFTTT
Australian Dollar Unimpressed by Chinese Q4 GDP as Retail Sales Lag
The trade-sensitive Australian Dollar slid marginally lower after disappointing retail sales data out of China overshadowed strong industrial production and Q4 GDP figures.
from DailyFX - Market News https://ift.tt/35QmL2e
via IFTTT
from DailyFX - Market News https://ift.tt/35QmL2e
via IFTTT
Dow, Hang Seng, ASX 200 Outlook: China Q4 GDP, Stronger USD in Focus
A sour lead from Wall Street may set a downbeat tone for Asia-Pacific markets on Monday against the backdrop of a strengthening US Dollar. Investors are anticipating a strong Chinese Q4 GDP figure ...
from DailyFX - Market News https://ift.tt/38SoyFS
via IFTTT
from DailyFX - Market News https://ift.tt/38SoyFS
via IFTTT
Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB
The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy, with bank and tech earnings,...
from DailyFX - Market News https://ift.tt/2XLV6er
via IFTTT
from DailyFX - Market News https://ift.tt/2XLV6er
via IFTTT
Weekly Fundamental Gold Price Forecast: Lacking Luster, a Turning Point Arrives
Between investors seeking higher yielding and more growth-sensitive assets and a sense of disappointment over the Biden stimulus package, gold prices are struggling.
from DailyFX - Market News https://ift.tt/2XNPJeH
via IFTTT
from DailyFX - Market News https://ift.tt/2XNPJeH
via IFTTT
Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises
The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a record-scrapping rally.
from DailyFX - Market News https://ift.tt/2LJeZAa
via IFTTT
from DailyFX - Market News https://ift.tt/2LJeZAa
via IFTTT
Saturday, 16 January 2021
Euro Forecast: EUR/USD Week Ahead Outlook Poor, ECB Meeting in Focus
EUR/USD has dropped sharply over the last few days and may well fall further. However, it is also possible that the bad news is now priced in to the exchange rate and that further weakness will be ...
from DailyFX - Market News https://ift.tt/2LoIIyv
via IFTTT
from DailyFX - Market News https://ift.tt/2LoIIyv
via IFTTT
US Dollar Rebound in Focus Ahead of US Presidential Inauguration
The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.
from DailyFX - Market News https://ift.tt/3p2sWaM
via IFTTT
from DailyFX - Market News https://ift.tt/3p2sWaM
via IFTTT
Friday, 15 January 2021
Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries
The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are due.
from DailyFX - Market News https://ift.tt/3ihCT1x
via IFTTT
from DailyFX - Market News https://ift.tt/3ihCT1x
via IFTTT
South African Rand Price Forecast: USD/ZAR Tests Key Fibonacci Support
USD/ZAR falls to a critical level of support as rising death toll weighs on the Rand
from DailyFX - Market News https://ift.tt/2XIC0Wn
via IFTTT
from DailyFX - Market News https://ift.tt/2XIC0Wn
via IFTTT
GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?
GBP underpinned as BoE downplays negative rates, alongside vaccine rollout.
from DailyFX - Market News https://ift.tt/2XK3OtK
via IFTTT
from DailyFX - Market News https://ift.tt/2XK3OtK
via IFTTT
Consumer Confidence Dips, Reflects Growing Concerns Regarding Coronavirus
The rollout of COVID-19 vaccines and a partisan shift in expectations due to the anticipated impact of Biden's economic policies helped narrow the decline in consumer sentiment.
from DailyFX - Market News https://ift.tt/3igTOBl
via IFTTT
from DailyFX - Market News https://ift.tt/3igTOBl
via IFTTT
Crude Oil Prices In Focus Amid Fears of Falling Demand
Crude oil prices retreat from 11 month high following fresh lockdown restrictions
from DailyFX - Market News https://ift.tt/3igZewg
via IFTTT
from DailyFX - Market News https://ift.tt/3igZewg
via IFTTT
US Dollar and Japanese Yen in Demand, AUD Weak as Markets Sour - US Market Open
Risk market pullback to close the week. Japanese Yen and US Dollar better bid.
from DailyFX - Market News https://ift.tt/3oIE6l0
via IFTTT
from DailyFX - Market News https://ift.tt/3oIE6l0
via IFTTT
USD/JPY Forecast: Yen Pushes Back After Jerome Powell’s Interview
The Japanese Yen has pulled back this weeks lost gains against the U.S Dollar but with next week’s BoJ announcement in focus, how will markets react?
from DailyFX - Market News https://ift.tt/3nNqe7V
via IFTTT
from DailyFX - Market News https://ift.tt/3nNqe7V
via IFTTT
Australian Dollar Forecast: Key AUD/USD Levels to Watch
G10 FX struggles for direction. AUD/USD trends begins to stall.
from DailyFX - Market News https://ift.tt/2LWsNac
via IFTTT
from DailyFX - Market News https://ift.tt/2LWsNac
via IFTTT
DAX 30 Struggles to Break 14,000 as Covid-19 Remains a Serious Threat
Germany considers tougher restrictions as the rapid spread of coronavirus continues
from DailyFX - Market News https://ift.tt/2XJhbtW
via IFTTT
from DailyFX - Market News https://ift.tt/2XJhbtW
via IFTTT
British Pound Latest - Sterling Underpinned by GDP Data, US Announce USD1.9 Trillion Stimulus Package
The latest UK GDP figures showed the economy performing slightly better-than-expected, helping to keep the recent move higher in GBPUSD intact.
from DailyFX - Market News https://ift.tt/3stOqj2
via IFTTT
from DailyFX - Market News https://ift.tt/3stOqj2
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/2LStd1C
via IFTTT
from DailyFX - Market News https://ift.tt/2LStd1C
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 -...