Friday, 26 February 2021

AUD/USD Rate Pullback to Adhere to RBA Interest Rate Decision

The Reserve Bank of Australia (RBA) rate decision may spark a bullish reaction in AUD/USD as the central bank is expected to retain the current course for monetary policy.

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Nasdaq 100, Gold, Financial Fund Flows During Yields-Driven Volatility

The continued rise in US Treasury yields drove volatile markets on Thursday, causing tech stocks to suffer their worst day since October.

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GBP/USD Weekly Forecast: GBP/USD, EUR/GBP Reversal, Now What?

GBP/USD corrects from stretched valuations, however, positioning clear is likely to entice dip-buyers

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USD/CAD Rate Rebound Emerges Following Bullish Outside Day Formation

USD/CAD appears to be on track to test the 50-Day SMA (1.2725) after carving a bullish outside day (engulfing) candlestick formation.

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January Income, Spending, PCE In Line With Forecasts, USD Steady

PCE and Personal Income & Spending for January all printed in line with their forecasts with no strong beats or misses to impact markets as USD remains strong.

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Gold Price (XAU/USD) Outlook - Treading on Thin Ice as US Treasury Yields Heat Up

US Treasury yields are driving price action in a wide range of asset classes, including gold, as investors fret that inflation is on the rise.

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South African Rand Outlook: USD/ZAR Slips as U.S. Yields Rally

U.S. treasury yield spike causes bull rally on USD/ZAR. Pullback in motion as key levels begin to normalize.

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DAX 30 Forecast: Bond Yields Drive the Market as Investors Rebalance Their Portfolios

Rapid moves in bond yields are rattling the stock market, DAX 30 shows resilience

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British Pound (GBP) Latest: GBP/USD Correction From Extremes

Bond market tantrum prompts a rare sell off in GBP. Month end also in focus for FX.

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Australian Dollar (AUD), Canadian Dollar (CAD) Hit Key Levels from USD Breakdown

Fresh cyclical lows for USD/CAD and AUD/USD hits 0.80 as USD breaks down.

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Thursday, 25 February 2021

Euro Price Forecast: EUR/USD at Risk of Reversal with US PCE Data on Tap

Surging US real yields and bets that the Federal Reserve may have to hike rates sooner than expected could open the door for USD to recover lost ground against the Euro in the short term.

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Dow Jones Falls on Rising Yields, ASX 200, Nikkei 225 Tumble

The Dow Jones fell the most in nearly a month as Treasury yields surged, setting a sour tone for Asia-Pacific markets. The VIX volatility index spiked to 28.9 amid a ‘risk off’ sentiment.

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Indian Rupee, Nifty 50 Outlook: RBI Rate Hike Bets Creeping With CPI Estimates

The Indian Rupee and Nifty 50 have been on a tear this year so far, with local inflation expectations and now RBI rate hike bets slowly on the rise. Are traders getting ahead of themselves?

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NZD/USD, NZD/JPY React as Soaring Treasury Yields Skew Market Risk Profile

A bloodshed day across Wall Street may spill over into APAC equities as sovereign government bond yields track Treasury rates higher. NZD/USD and NZD/JPY may see some relief and move higher after s...

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US Dollar Outlook: FX Volatility Ramps as Bond Selloff Intensifies

The 10-year Treasury yield surging above 1.5% ignited an acceleration in FX market volatility and US Dollar demand on Thursday. Will the intensifying bond selloff help fuel a US Dollar rebound?

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Nasdaq 100 Routed as Yields Rise, Earnings Add to Disappointment

Earnings from DoorDash and AirBnb were overshadowed by the largest single day decline in the Nasdaq 100 Index since October.

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Gold Price Plummets as Treasury Yields Soar. Where to Next for Gold?

Gold fell precipitously as US Treasury yields continued their ascent. With little change to the fundamental landscape, gold might continue to suffer.

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Oil Price Approaches 2020 High Even as RSI Divergence Takes Shape

The ongoing weakness in US crude output may push the price of oil towards the 2020 high ($65.65) even as the RSI appears to be diverging with price.

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US Dollar & VIX Spike, Nasdaq Slammed as Treasury Yields Surge

The US Dollar is whipsawing higher while stocks are getting crushed with market volatility accelerating as the 10-year Treasury yield explodes above 1.5%.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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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...