GBP/USD looks ripe for a correction lower as USD climbs on rising Treasury yields; the latest UK inflation data came in higher than economists had predicted.
from DailyFX - Market News https://ift.tt/3u7wEmr
via IFTTT
Wednesday, 17 February 2021
Tuesday, 16 February 2021
Canadian Dollar Outlook: Inflation Data to Dictate USD/CAD, CAD/JPY
Canadian inflation figures for January may dictate the near-term trajectory of USD/CAD and CAD/JPY rates, as surging oil prices put a premium on the commodity-sensitive Loonie.
from DailyFX - Market News https://ift.tt/3qrCMDW
via IFTTT
from DailyFX - Market News https://ift.tt/3qrCMDW
via IFTTT
Gold, Crude Oil Forecast: Rising Yields and Stronger USD Exert Pressure
Gold prices extended lower as the US Dollar gained alongside Treasury yields. Crude oil prices retreated from a 12-month high despite output disruptions in Texas as a cold blast swept the region.
from DailyFX - Market News https://ift.tt/2Zl1NF7
via IFTTT
from DailyFX - Market News https://ift.tt/2Zl1NF7
via IFTTT
Natural Gas Prices Boom as Major Storm Pushes US Power Grids to Limit
Natural gas prices surged higher this week after a major storm caused chaos throughout the southern and central United States. Now, another weather system is threatening the southern US, which may ...
from DailyFX - Market News https://ift.tt/3jThtsC
via IFTTT
from DailyFX - Market News https://ift.tt/3jThtsC
via IFTTT
Bitcoin (BTC) Outlook: BTC/USD Challenging $50,000, Where to Next?
Although Bitcoin’s long-term outlook remains overtly bullish, recent price action suggests that a short-term pullback could be in the offing.
from DailyFX - Market News https://ift.tt/2NgOhzH
via IFTTT
from DailyFX - Market News https://ift.tt/2NgOhzH
via IFTTT
Dow Jones, Hang Seng, ASX 200 Outlook: Rising Yields May Weigh on Prices
Asia-Pacific equities look set to open lower as US index futures declined in early trading hours. Rising US Treasury yields and a stronger US Dollar may exert downward pressure on risk assets and c...
from DailyFX - Market News https://ift.tt/3jUadMU
via IFTTT
from DailyFX - Market News https://ift.tt/3jUadMU
via IFTTT
AUD/USD Nears Support Level after Safe-Haven Flows Boost US Dollar
AUD/USD is approaching a level of support after safe-haven flows boosted US Dollar strength. A risk-off tone dragged Wall Street indexes lower with the Dow Jones being the exception as it rose to a...
from DailyFX - Market News https://ift.tt/3jTNC34
via IFTTT
from DailyFX - Market News https://ift.tt/3jTNC34
via IFTTT
S&P 500 Forecast: SPY ETF Clocks Outflows Alongside Gold, Treasury Funds
Exchange traded fund data reveals net outflows for the S&P 500-tracking SPY ETF. Meanwhile, investors have also pulled capital from funds with exposure to safe haven assets like gold.
from DailyFX - Market News https://ift.tt/3qvUdDA
via IFTTT
from DailyFX - Market News https://ift.tt/3qvUdDA
via IFTTT
NZD/USD Rate Outlook Mired by Failure to Test January High
NZD/USD appears to have reversed course ahead of the January high (0.7315) as the US Dollar appreciates against its major counterparts.
from DailyFX - Market News https://ift.tt/2ZoTisG
via IFTTT
from DailyFX - Market News https://ift.tt/2ZoTisG
via IFTTT
British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP
Sterling continues with a spring in its step as the British Pound has driven to fresh highs against USD, JPY and the Euro. Can Cable continue to climb?
from DailyFX - Market News https://ift.tt/2ZjtfTE
via IFTTT
from DailyFX - Market News https://ift.tt/2ZjtfTE
via IFTTT
Silver (XAG/USD) Stalls while Platinum Steals the Show
Silver prices remain rangebound while Platinum shortfalls boost demand
from DailyFX - Market News https://ift.tt/3jVLZC7
via IFTTT
from DailyFX - Market News https://ift.tt/3jVLZC7
via IFTTT
Gold Price Eyes Monthly Low as US Yields Approach Pre-Pandemic Levels
The price of gold approaches the monthly low ($1785) as the 10-Year US Treasury yield climbs toward pre-pandemic levels and hits 1.25%.
from DailyFX - Market News https://ift.tt/2Oyce5R
via IFTTT
from DailyFX - Market News https://ift.tt/2Oyce5R
via IFTTT
US Dollar Pops on US Rates Spike, JPY & Silver Drop - US Market Open
US Dollar bulls making a comeback, JPY weakens. Gold forms death cross and silver drops to session lows.
from DailyFX - Market News https://ift.tt/3u5hpuf
via IFTTT
from DailyFX - Market News https://ift.tt/3u5hpuf
via IFTTT
Japanese Yen Latest: USD/JPY Plays Range, US/China Tensions Resurfacing for AUD/JPY
USD/JPY playing the range, US/China tensions may curb AUD/JPY
from DailyFX - Market News https://ift.tt/3rZypAk
via IFTTT
from DailyFX - Market News https://ift.tt/3rZypAk
via IFTTT
Bitcoin (BTC/USD) Price Probing Fresh Highs as Cryptocurrencies Remain Bid
The cryptocurrency market continues to march higher with fresh highs likely on the cards for a number of digital coins.
from DailyFX - Market News https://ift.tt/37jLjBo
via IFTTT
from DailyFX - Market News https://ift.tt/37jLjBo
via IFTTT
FTSE MIB Forecast: Draghi Brings Hope of Stability to Italian Stocks
The new Prime Minister and his government stand prepared to tackle the virus and its economic fallout
from DailyFX - Market News https://ift.tt/3u2F5iW
via IFTTT
from DailyFX - Market News https://ift.tt/3u2F5iW
via IFTTT
South African Rand Outlook: Multi-Year Support Pending for USD/ZAR
USD/ZAR has reached key historical levels which could provide long-term directional partiality as price action unfolds while COVID-19 vaccinations and U.S. stimulus remains at the forefront of USD/...
from DailyFX - Market News https://ift.tt/3qqvujU
via IFTTT
from DailyFX - Market News https://ift.tt/3qqvujU
via IFTTT
British Pound (GBP) Latest: GBP/USD Jumping, EUR/GBP Sliding
There’s no end in sight yet for the outperformance of UK assets, including both Sterling and the FTSE 100 index, as the UK rolls out coronavirus vaccines and the Government talks of opening up the ...
from DailyFX - Market News https://ift.tt/2N9kvwR
via IFTTT
from DailyFX - Market News https://ift.tt/2N9kvwR
via IFTTT
Monday, 15 February 2021
FTSE 100 Forecast: Possible Rollback of Restrictions Buoying UK Stocks
The UK’s benchmark FTSE 100 index looks set to extend recent gains as the marked decline in Covid-19 cases, and rapid delivery of inoculations, fuels restriction easing bets.
from DailyFX - Market News https://ift.tt/3pp53d4
via IFTTT
from DailyFX - Market News https://ift.tt/3pp53d4
via IFTTT
Crude Oil Gains as Copper Prices Aim for 2012 High, Downside Potential Grows
Crude oil climbed as copper aimed for 2012 highs and the US Dollar weakened as stocks rallied. As the former gain, so too do distances to key rising trendlines, creating downside potential.
from DailyFX - Market News https://ift.tt/3b2J0Uc
via IFTTT
from DailyFX - Market News https://ift.tt/3b2J0Uc
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 -...