Rising yields continue to weigh on equity markets but the Dow Jones remains near record levels regardless. Meanwhile, the Nasdaq 100 has extended beyond the February lows.
from DailyFX - Market News https://ift.tt/3qdef4J
via IFTTT
Wednesday, 3 March 2021
NZD/USD Reverses Ahead of 50-Day SMA with Positive Slope Still Intact
The break above the 2018 high (0.7437) suggests the broader trend remains intact for NZD/USD as the 50-Day SMA (0.7207) still tracks a positive slope.
from DailyFX - Market News https://ift.tt/3sGzRYE
via IFTTT
from DailyFX - Market News https://ift.tt/3sGzRYE
via IFTTT
Trading Forex at the News Release
Learn how to trade forex news at the release with our top news trading strategies
from DailyFX - Market News https://ift.tt/3qf0a6E
via IFTTT
from DailyFX - Market News https://ift.tt/3qf0a6E
via IFTTT
Bitcoin (BTC/USD), Ether (ETH/USD) Bounce Back from Sell-Off
Bitcoin and Ether bounce back from last week’s minor pull-back
from DailyFX - Market News https://ift.tt/3ea0scH
via IFTTT
from DailyFX - Market News https://ift.tt/3ea0scH
via IFTTT
Fibonacci Confluence on FX Pairs
Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight
from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT
from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT
S&P 500, Oil, Bond Fund Flows Amid Recovery-Fueled Rise in Yields
S&P 500, Oil, and Bond ETFs have had mixed reactions to recent developments in the US macro outlook.
from DailyFX - Market News https://ift.tt/3uK9Nhc
via IFTTT
from DailyFX - Market News https://ift.tt/3uK9Nhc
via IFTTT
USD/CAD Recovery Unravels Amid Failure to Hold Above 50-Day SMA
USD/CAD may continue to give back the advance from the February low (1.2468) as the exchange rate trades back below the 50-Day SMA (1.2718).
from DailyFX - Market News https://ift.tt/3qcQo52
via IFTTT
from DailyFX - Market News https://ift.tt/3qcQo52
via IFTTT
EUR/USD Chops on ECB Confusion, Oil Prices Jump on OPEC Sources - US Market Open
Euro briefly trades above 1.21 as ECB sources point to calm over bond yields. Oil prices bounce back on OPEC.
from DailyFX - Market News https://ift.tt/3uLtiWV
via IFTTT
from DailyFX - Market News https://ift.tt/3uLtiWV
via IFTTT
GBP/USD & FTSE 100 React to Latest UK Budget Announcement
UK Chancellor announces the latest UK Budget. GBP outlook to remain positive as pro-growth budget underpins.
from DailyFX - Market News https://ift.tt/3sM254w
via IFTTT
from DailyFX - Market News https://ift.tt/3sM254w
via IFTTT
Forex Vs Stocks: Top Differences & How to Trade Them
Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.
from DailyFX - Market News https://ift.tt/305TvB5
via IFTTT
from DailyFX - Market News https://ift.tt/305TvB5
via IFTTT
Bitcoin (BTC/USD), Ethereum (ETH/USD) Rallying Sharply as the Bulls Wrestle Back Control
The cryptocurrency market has seemingly absorbed all of last week’s selling interest and is now pushing ahead strongly with new all-time highs the target.
from DailyFX - Market News https://ift.tt/3qilt7G
via IFTTT
from DailyFX - Market News https://ift.tt/3qilt7G
via IFTTT
Gold Price Forecast: XAU/USD Consolidates Ahead of New Push Lower
Gold lacks fundamental support as it heads for new Fibonacci support
from DailyFX - Market News https://ift.tt/3sME2CC
via IFTTT
from DailyFX - Market News https://ift.tt/3sME2CC
via IFTTT
British Pound (GBP) Latest: GBP/USD to Shrug Off UK Budget
The UK Budget later this session will be a major political event but is not likely to affect Sterling, although the currency could move on the accompanying economic forecasts.
from DailyFX - Market News https://ift.tt/3qfEAPw
via IFTTT
from DailyFX - Market News https://ift.tt/3qfEAPw
via IFTTT
Tuesday, 2 March 2021
US Dollar Price Forecast: USD Rebound Fading as Real Yields Turn Lower
The US Dollar’s recent recovery against its major counterparts may prove short-lived as US real rates turn lower ahead of Federal Reserve Chair Jerome Powell’s upcoming speech.
from DailyFX - Market News https://ift.tt/3rbsVTj
via IFTTT
from DailyFX - Market News https://ift.tt/3rbsVTj
via IFTTT
Copper Price Forecast: Bull Case to Prevail on Robust Supply and Demand Drivers
Copper is on track to make a sixth consecutive monthly gain as prices inch towards its all-time high. The global backdrop remains supportive despite a short-term pause in the rally.
from DailyFX - Market News https://ift.tt/3sKtKTj
via IFTTT
from DailyFX - Market News https://ift.tt/3sKtKTj
via IFTTT
AUD/USD Eyes February High After Australian Q4 GDP Beat
The AUD/USD pair climbed towards February peaks after Australian Q4 GDP data beat expectations. Growth declined 1.1% (YoY) while rising 3.1% (QoQ) versus -1.9% and 2.5% estimated respectively.
from DailyFX - Market News https://ift.tt/3bXZ7mr
via IFTTT
from DailyFX - Market News https://ift.tt/3bXZ7mr
via IFTTT
USD/CAD May Move Lower on USD Weakness Despite Crude Oil Breakdown
US equities failed to extend gains from Monday as Treasury yields aesed. Elsewhere, the Canadian Dollar gained versus the Greenback despite falling crude oil prices.
from DailyFX - Market News https://ift.tt/3baeB80
via IFTTT
from DailyFX - Market News https://ift.tt/3baeB80
via IFTTT
ASX 200, Nikkei 225 Edge Lower as Risk Sentiment Remains Mixed
The ASX 200 and Nikkei 225 have pulled back from their pandemic highs following late February’s bond market volatility.
from DailyFX - Market News https://ift.tt/3sP4XO9
via IFTTT
from DailyFX - Market News https://ift.tt/3sP4XO9
via IFTTT
Bitcoin (BTC/USD), Ethereum (ETH/USD) Caught Between Key Moving Averages
Bitcoin price action attempts to rebound from its recent selloff alongside Ethereum, but the cryptocurrency market still faces downward pressure. Where might BTC/USD and ETH/USD head next?
from DailyFX - Market News https://ift.tt/3bSwLdz
via IFTTT
from DailyFX - Market News https://ift.tt/3bSwLdz
via IFTTT
Gold Price Forecast: XAU/USD Clings to Support After Steep Losses
Gold is clinging to support around the $1,715 mark after plummeting nearly $100 in the last two weeks. Alongside a modest decline in US Treasury yields, gold might look to inch higher in the days a...
from DailyFX - Market News https://ift.tt/3bSiygF
via IFTTT
from DailyFX - Market News https://ift.tt/3bSiygF
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....