Monday, 26 April 2021

New Zealand Dollar May Rise, Copper Price Outlook Hones in on All-Time High

The New Zealand Dollar rose against the US Dollar, with copper futures closing at the highest since 2011. Ahead, the Japanese Yen is eyeing the Bank of Japan after a rosy day for sentiment.

from DailyFX - Market News https://ift.tt/3dTl1K1
via IFTTT

Crypto Latest: Tesla Bitcoin Sales Show $101-Million Gain, Ripple Surges

Cryptocurrencies are soaring today with XRP/USD surging 20% and BTC/USD gaining 10% on the session. Bitcoin credibility may improve as Tesla earnings show a $101-million gain on digital asset sales.

from DailyFX - Market News https://ift.tt/2PoFEUS
via IFTTT

Nasdaq 100 Update: Tesla Earnings and Inflation Fears Jockey for Price Control

The Nasdaq 100 lurched higher to start the week ahead of a string of scheduled event risk. Tesla earnings began the wave of reports expected of big-tech companies while other companies noted inflat...

from DailyFX - Market News https://ift.tt/2S1pTUN
via IFTTT

AUD/USD Still on Track to Negate H&S Formation Ahead of Australia CPI

AUD/USD may stay on track to negate the head-and-shoulders formation from earlier this year as the exchange rate comes up against the monthly high (0.7816).

from DailyFX - Market News https://ift.tt/32SgUr8
via IFTTT

Tesla (TSLA), Amazon (AMZN), FOMC Highlight a Big Week for US Markets

It's a big week for global markets, and the US in particular. Stocks are strong, the US Dollar is weak and the Fed is on the docket. Buckle up.

from DailyFX - Market News https://ift.tt/2Qpy3pN
via IFTTT

Euro Stoxx 50 Trades At 13 Year High as Bund Yields Consolidate Near Pandemic Highs

The Euro Stoxx 50 index has continued to grind higher in 2021, rising above 4,000 for the first time since early 2008. German Bund Yields remain around the levels hit in late February’s bond market...

from DailyFX - Market News https://ift.tt/3gCO327
via IFTTT

USD/CAD Rate Forecast: March Low on Radar Amid Search for Support

The March low (1.2365) sits on the radar for USD/CAD ahead of the Federal Reserve interest rate decision as the exchange rate searches for support.

from DailyFX - Market News https://ift.tt/2PsnrpA
via IFTTT

Markets Week Ahead: EUR/USD, Nasdaq, Gold, Fed, Earnings, GDP & Inflation

Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data on deck?

from DailyFX - Market News https://ift.tt/2R0DYl2
via IFTTT

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

from DailyFX - Market News https://ift.tt/3chNqsL
via IFTTT

British Pound (GBP) Outlook - Positve Sentiment Pushing GBP/USD Higher

A bullish economic report by BoE dep gov Broadbent is helping Sterling move higher with GBP/USD edging back towards 1.4000

from DailyFX - Market News https://ift.tt/3dNUihU
via IFTTT

Euro Outlook - EUR/USD Mixed as German Ifo Misses Market Expectations

The latest German Ifo release missed market forecasts earlier and this is likely to temper any further EUR/USD gains in what is expected to be a very busy week.

from DailyFX - Market News https://ift.tt/32Qt6Zs
via IFTTT

European Morning Forecast: DAX 30 Rally in Question, EUR/USD Swinging Higher

Bullish market conditions are still in play but recent gains look over-extended

from DailyFX - Market News https://ift.tt/2QZpqSJ
via IFTTT

US Dollar Price Forecast: DXY to Slide Lower Ahead of FOMC Rate Decision

The Federal Reserve’s dovish stance may counterbalance a series of robust economic data prints and limit the US Dollar’s upside against its major counterparts.

from DailyFX - Market News https://ift.tt/3dTiuj3
via IFTTT

Sunday, 25 April 2021

Crude Oil Prices Down on Asian Demand Concerns Amid Viral Resurgence

Crude oil prices retreated slightly as viral resurgence in Japan and India clouded Asia’s energy demand outlook. This week’s OPEC+ meeting will be closely eyed by oil traders.

from DailyFX - Market News https://ift.tt/3etMuRD
via IFTTT

Gold Prices Rebound as the USD Falls, Japan in State of Emergency Again

Gold prices rebounded modestly amid a weakening US Dollar. Japan declared a new state of emergency in Tokyo, Osaka and two other prefectures as Covid cases surged, buoying demand for safety.

from DailyFX - Market News https://ift.tt/3vjhOJE
via IFTTT

US Dollar Outlook: SGD, IDR, PHP, THB Eyeing Fed and US Fiscal Policy Impact

The US Dollar remains vulnerable to ASEAN currencies with the Fed on tap. Rising corporate and capital gains tax hike bets may pressure Treasury yields, boosting Emerging Market FX.

from DailyFX - Market News https://ift.tt/2QA1DbX
via IFTTT

Dow Jones, Hang Seng, ASX 200 Outlook: FAANG Results in Focus as Earning Season Peaks

Stocks on Wall Street closed broadly higher on Friday as investors anticipated strong earnings from FAANG companies this week. The Fed and BoJ interest rate decisions and Chinese PMI data will also...

from DailyFX - Market News https://ift.tt/2Qu7z6g
via IFTTT

USD/JPY May Rise at Trendline Support Following Bank of Japan Rate Decision

USD/JPY is testing trendline support following a third weekly loss. Yen traders will have their eyes on the upcoming Bank of Japan rate decision this week.

from DailyFX - Market News https://ift.tt/2PkzRj4
via IFTTT

Markets Week Ahead: EUR/USD, Nasdaq, Gold, Fed, Earnings, GDP & Inflation

Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data on deck?

from DailyFX - Market News https://ift.tt/3xymrBw
via IFTTT

S&P 500 Forecast: Will Strong Earnings Shelter Stocks from Tax-Motivated Selling?

Strong Q1 earnings and upbeat economic data may shelter the US stock market from tax headwinds. Investors are eyeing FAANG results this week amid worsening pandemic situations elsewhere in the world.

from DailyFX - Market News https://ift.tt/3nvc90t
via IFTTT

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...