The Core-Perimeter framework allows traders to understand the macro-fundamental interactions between powerhouse economies and their perimeter counterparts, offering valuable insight on how to trade...
from DailyFX - Market News https://ift.tt/3ggDhLG
via IFTTT
Monday, 1 March 2021
Australian Dollar Forecast: AUD/USD Uptrend in Focus as RBA Holds Policy Steady
The Australian Dollar was unfazed as the Reserve Bank of Australia held its benchmark policy and 3-year yield target at 0.10%, as expected.
from DailyFX - Market News https://ift.tt/3uHuOcq
via IFTTT
from DailyFX - Market News https://ift.tt/3uHuOcq
via IFTTT
Bitcoin, Ethereum Forecast: BTC/USD, ETH/USD Bullish Reversal at Hand?
Bitcoin and Ethereum look set to climb higher in the near term, as Citigroup and Goldman Sachs prove additional validation to the cryptocurrency market.
from DailyFX - Market News https://ift.tt/3b4xZTC
via IFTTT
from DailyFX - Market News https://ift.tt/3b4xZTC
via IFTTT
Nasdaq Recovers to Start March as Bond Market Volatility Cools
The Nasdaq Composite moved higher to start the month as moderating government bond yields allowed sentiment to return to markets. Today’s focus will be on the RBA rate decision.
from DailyFX - Market News https://ift.tt/3e0uwYq
via IFTTT
from DailyFX - Market News https://ift.tt/3e0uwYq
via IFTTT
Who Needs Short-Sellers? The Markets NEED Short-Sellers!
With all of the drama and news lately around short-sellers, it is important to understand how necessary and important they are to the US financial markets.
from DailyFX - Market News https://ift.tt/3bTi21Q
via IFTTT
from DailyFX - Market News https://ift.tt/3bTi21Q
via IFTTT
US Dollar Outlook: AUD/USD Primed for Volatility as RBA Looms
The US Dollar traded mixed on Monday as EUR/USD edged lower while commodity currencies strengthened. AUD/USD price action looks teed up for volatility in light of the RBA decision on deck.
from DailyFX - Market News https://ift.tt/303I5hq
via IFTTT
from DailyFX - Market News https://ift.tt/303I5hq
via IFTTT
USD/MXN Price Forecast: US Dollar Takes Aim at Major Resistance
The US Dollar has posted a string of gains in recent weeks as rising Treasury yields have threatened risk assets and currencies. USD/MXN may face consolidation as USD strength wanes and resistance ...
from DailyFX - Market News https://ift.tt/3dZQsT9
via IFTTT
from DailyFX - Market News https://ift.tt/3dZQsT9
via IFTTT
Oil Price Outlook Mired by RSI Sell Signal Ahead of OPEC JMMC Meeting
The Relative Strength Index (RSI) indicates a further decline in the price of oil as the oscillator slips below 70 to offer a textbook sell signal.
from DailyFX - Market News https://ift.tt/3swcFwm
via IFTTT
from DailyFX - Market News https://ift.tt/3swcFwm
via IFTTT
British Pound Technical Analysis: GBP/USD Pullback Grinds Support
The British Pound has been consistently strong so far in 2021 trade, but last week brought a pullback. Can buyers continue the trend?
from DailyFX - Market News https://ift.tt/2NTXRc2
via IFTTT
from DailyFX - Market News https://ift.tt/2NTXRc2
via IFTTT
Gold Price Rebound Vulnerable as RSI Flirts with Oversold Territory
Looming developments in the RSI may indicate a further decline in the price of gold as the indicator flirts with oversold territory for the first time since November.
from DailyFX - Market News https://ift.tt/3uHNWH8
via IFTTT
from DailyFX - Market News https://ift.tt/3uHNWH8
via IFTTT
February ISM Manufacturing PMI Hits a Pandemic High, USD Firm Above 91.00
The ISM Manufacturing PMI Report for February rose to its highest level of the pandemic, showing strength from the manufacturing sector as the economic recovery continues.
from DailyFX - Market News https://ift.tt/3sDN7NT
via IFTTT
from DailyFX - Market News https://ift.tt/3sDN7NT
via IFTTT
DAX 30 Forecast: New Attempt to Break 14,000 as Positive Momentum Returns
It’s a positive start to March for equity markets as bond yields stabilize
from DailyFX - Market News https://ift.tt/303Uguo
via IFTTT
from DailyFX - Market News https://ift.tt/303Uguo
via IFTTT
South African Rand Outlook: USD/ZAR Timid Following Ratings Warning
USD/ZAR remains in the confines of a rectangle pattern which could be pushed for a breakout over the next few weeks as fundamental drivers begin to stack up.
from DailyFX - Market News https://ift.tt/3e9h4l5
via IFTTT
from DailyFX - Market News https://ift.tt/3e9h4l5
via IFTTT
British Pound (GBP) Latest: GBP/USD Trending Lower Ahead of This Week's Budget
GBP/USD printed a rare red candle on the weekly chart last week, the first weekly loss for nearly two months.
from DailyFX - Market News https://ift.tt/3uJeJms
via IFTTT
from DailyFX - Market News https://ift.tt/3uJeJms
via IFTTT
Sunday, 28 February 2021
Euro Price Forecast: EUR/USD, EUR/JPY Eyeing ECB Weekly Bond Purchases
The European Central Bank’s weekly bond-purchases could determine the near-term trajectory of the Euro against the US Dollar and Japanese Yen.
from DailyFX - Market News https://ift.tt/3szLMHQ
via IFTTT
from DailyFX - Market News https://ift.tt/3szLMHQ
via IFTTT
Why a Rise in Retail Trading May Signal Another Mania
The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.
from DailyFX - Market News https://ift.tt/3gV9dXm
via IFTTT
from DailyFX - Market News https://ift.tt/3gV9dXm
via IFTTT
Australian Dollar Unfazed by Chinese PMI as RBA Meeting Shifts Into View
The Australian Dollar retreated from session-highs after Caixin PMI figures out of China missed market expectations. Attention now turns to the RBA’s upcoming monetary policy meeting on Tuesday.
from DailyFX - Market News https://ift.tt/3b2s8hA
via IFTTT
from DailyFX - Market News https://ift.tt/3b2s8hA
via IFTTT
Australian Dollar, APAC Markets Focus on Bond Yields to Start March
APAC markets' March open will look to government bond yields to gauge sentiment. Will the Australian Dollar recover from last week's sharp drop?
from DailyFX - Market News https://ift.tt/3uEDgt1
via IFTTT
from DailyFX - Market News https://ift.tt/3uEDgt1
via IFTTT
Markets Week Ahead: Nasdaq, US Dollar, Gold, Yields, RBA Decision, OPEC, NFPs
Markets swung wildly last week with volatility underpinned by a huge move higher in bond yields and the US Dollar as investors hammered stocks lower. Traders look to the RBA, OPEC, and NFPs ahead.
from DailyFX - Market News https://ift.tt/3r3Jwby
via IFTTT
from DailyFX - Market News https://ift.tt/3r3Jwby
via IFTTT
Weekly Technical US Dollar Forecast: Finally Turning Higher?
The DXY Index has held onto key technical support, suggesting that bulls may have a bit more fight left yet.
from DailyFX - Market News https://ift.tt/3b0gT9u
via IFTTT
from DailyFX - Market News https://ift.tt/3b0gT9u
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...
-
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....