Wednesday, 24 March 2021

FinTwit, Women and Trading: An Interview with @DeadCaitBounce

Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.

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US Dollar to Four-Month-Highs: EUR/USD, USD/CAD

The US Dollar has set a fresh four-month-high, even with rates softening as the Fed has sought to soothe some nerves over the past few days.

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US Dollar to Four-Month-Highs: EUR/USD, USD/CAD

The US Dollar has set a fresh four-month-high, even with rates softening as the Fed has sought to soothe some nerves over the past few days.

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EUR/CAD, EUR/NOK, EUR/SEK Price Outlook as Euro-Area Lockdowns Return

EUR/CAD, EUR/NOK, and EUR/SEK continue to trend lower as lockdowns and virus cases return.

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Gold Price Tracks Trendline Resistance to Keep Bearish Trend Intact

The price of gold may continue track the downward trend from earlier this year amid the string of failed attempt to test the March high ($1760).

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US Dollar Stays Strong Following In-Line Markit PMI Report

The US Dollar is eyeing intraday highs as EUR/USD edges lower following the release of preliminary March 2021 PMI data just crossing the wires from IHS Markit.

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DailyFX Forex Trading Course Walkthrough: Part One

While the FX market shares many similarities with other markets, there is considerable nuance that one will want to learn when getting started in Foreign Exchange.

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AUD, NZD Weighed Down by Risk-Off Sentiment: AUD/USD, NZD/USD Key Levels To Watch

The sudden rise in new Covid-19 cases in Europe sees concerns about a third wave and further restrictions

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British Pound (GBP) Latest: GBP/USD Heading Lower, UK Inflation Below Expectations

UK inflation was less than predicted last month, weakening GBP/USD. The Bank of England will likely look through the numbers but Sterling could still fall further.

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Bitcoin (BTC/USD) Latest: Buy Your Tesla With Bitcoin Tweets Elon Musk

Tesla CEO Elon Musk has just tweeted that buyers can now use Bitcoin to buy their new Tesla and it looks like he will keep hold of these BTC as well.

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EUR/USD Bounce on Firmer PMI Unlikely to be Maintained

Flash PMI’s in the Eurozone have printed better than expectations, providing the Euro a marginal reprieve.

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US Dollar (DXY) Price Forecast: Demand for Havens to Fuel USD Rebound

The tightening of coronavirus restrictions in several European nations has notably soured market sentiment in recent days and may open the door for the haven-associated USD to extend its rebound hi...

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Tuesday, 23 March 2021

Gold Prices Buoyed by Falling Yields, Crude oil Plunges on Viral Concerns

Crude oil prices were weighed by a surging US Dollar amid concerns about Europe’s vaccine campaign, while gold prices were underpinned by falling real yields. Fed Chair Powell downplayed inflation ...

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Japanese Yen Forecast: AUD/JPY, NZD/JPY Tumble on Souring Market Sentiment

The Japanese Yen may continue to rebound robustly against its higher-beta counterparts, as a string of lockdowns in Europe sours market sentiment. Key levels for AUD/JPY and NZD/JPY rates.

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Dow Jones Falls as Viral Resurgence in Europe Threatens Recovery, Hang Seng Eye Losses while ASX 200 Gains

Wall Street stocks retreated broadly as a viral resurgence in Europe shadowed recovery prospects. The haven-linked US Dollar surged while crude oil plunged. Asia-Pacific equities may retreat as sen...

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AUD/USD Drops as Vaccine-Induced Worries Plague Economic Reopening Hopes

The Australian Dollar fell as concerns over the AstraZeneca vaccine raised by US regulators injected a sense of fear through markets on Tuesday. Meanwhile, Australian PMI data crossed the wires bet...

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US Dollar Outlook: NZD/USD Crumbles as Risk Aversion Takes Hold

The US Dollar strengthened sharply across the board during Tuesday's trading session. NZD/USD price action plunged a whopping -2.3% as risk aversion mounted and exacerbated Kiwi weakness.

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Dow Jones Price Forecast for the Week Ahead

The Dow Jones trades within a few hundred points of record levels with minimal resistance overhead. Should risk appetite persist, the Dow could drive deeper into uncharted territory.

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Nasdaq 100, S&P 500 Fall as Markets Digest Powell & Yellen Testimony, Gamestop Earnings

Markets declined during trade as investors watch Jerome Powell and Janet Yellen closely as the pair testified in front of the House Financial Services Committee.

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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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...