Dow Jones Steady amid Tech Rout, Will ASX 200, Hang Seng Follow?

A strong selloff in the technology sector dragged the Nasdaq Composite 2.46% lower, while the Dow Jones closed marginally higher as energy and material sectors gained. APAC stocks may embrace a sou...

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AUD/USD, AUD/NZD Aim Higher as Treasury Yields Climb on Reflation Theme

APAC equity prices may face some pressure from rising government bond yields as the reflation trade continues to gain steam. Meanwhile, AUD/USD and AUD/NZD appear set to move higher.

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EUR/USD Outlook: US Dollar Eyes Fed Chair Powell, Stimulus

EUR/USD price action is probing month-to-date highs as US Dollar bears wrestle back control with focus on Fed Chair Powell's congressional testimony and ongoing fiscal stimulus negotiations.

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Bitcoin Price Suffers Pullback, Damaging Technical Landscape

Bitcoin suffered a brief pullback that saw trendlines and psychological levels crumble. Still, consolidation after months of staggering gains may prove healthy in the longer-term.

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NZD/USD Rate Rally Emerges Ahead of RBNZ Interest Rate Decision

The RBNZ interest rate decision may do little to curb the NZD/USD rally as the central bank is expected to keep the official cash rate (OCR) at the record low of 0.25%.

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FX Week Ahead - Top 5 Events: Euroarea & US Inflation; RBNZ Rate Decision; Mexico GDP; US Durable Goods Orders

The last week of February brings a broad but shallow economic calendar, top heavy with ‘high’ rated events and not much else.

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Gold Price Forecast: GLD Jumps from 7-Month Low, Can XAU Bulls Drive?

Gold prices are extending a bullish run from a big zone of support. But, is this a true change in trend or just another bear market bounce for Gold?

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Oil Price Forecast: Crude Technical Outlook Mired by RSI Sell Signal

A textbook sell signal has emerged in the Relative Strength Index (RSI) as the oscillator falls back from overbought territory and slips below 70.

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AUD, NZD Outperforms, US Rates Rally Hits Tech Stocks - US Market Open

US futures get off to a soft start as US rates continue to rally.

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Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, Fed, Treasuries, NZD/USD, RBNZ

Market sentiment was a mixed bag as the Dow Jones gained but the Nasdaq Composite weakened. Crude oil prices turned lower. All eyes are on Fed Chair Jerome Powell amid rising longer-term Treasury r...

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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.

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DAX 30 Struggles to Consolidate Head and Shoulders Pattern, IFO Sentiment Data Improves

The DAX 30 remains confined between 14,000 and 13,800 as equites start to feel the squeeze from rising bond yields

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British Pound (GBP) Latest: UK Government to Unveil Plans for Lifting Lockdown Restrictions

Sterling is trading either side of 1.4000 ahead of government plans to lift covid-19 restrictions. The plan is said to be data driven and cautious.

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Euro Price Forecast: Stimulus Progress, Inflation Data to Buoy EUR/USD

US fiscal stimulus progress, Federal Reserve Chair Powell’s congressional testimony and positive inflation data may open the door for EUR/USD to extend its recent rebound.

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Gold Price Forecast: Rising Yields, USD and Powell's Testimony in Focus

Gold prices bounced off a key support level as the US Dollar retreated. Rising treasury yields may exert downward pressure on precious metals. Powell’s semiannual monetary policy report testimony i...

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US Dollar Forecast: Gaining Ground as ASEAN Weaken, Eyes on Fed Chair Powell

The US Dollar gained against most ASEAN currencies this past week, such as the Indonesian Rupiah and Philippine Peso. Will this continue? Eyes are on Fed Chair Jerome Powell.

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New Zealand Dollar Forecast: NZD/USD, NZD/JPY Levels Ahead of RBNZ

Better-than-expected economic data diminishes the chances of further easing from the RBNZ at its upcoming meeting and paves the way for NZD/JPY and NZD/USD to extend recent gains.

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S&P 500, Hang Seng, ASX 200 Outlook: Will Rising Yields Derail Stock Market's Upward Trajectory?

Asia-Pacific equities are poised for a mixed start as US equity benchmarks were little changed on Friday. Rising Treasury yields may exert pressure on risk assets as inflation expectations build.

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Australian Dollar Outlook: Rising Iron and Copper Prices to Bolster AUD/USD

The Australian Dollar is on the move higher as rising commodity prices help bolster sentiment. Australia's vaccine program also offers a price driver, with thousands slated for inoculations.

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Weekly Fundamental US Dollar Forecast: Mr. Powell Goes to Washington

Fed Chair Jerome Powell will head to Capitol Hill for two days of testimony to deliver the semi-annual Monetary Policy Report.

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