NZD/USD Rises After Rate Bets Ease, Business NZ PMI in Focus

The risk-sensitive New Zealand Dollar rose as rate trades eased and Wall Street gained. NZD saw a positive print in New Zealand's business PMI.

from DailyFX - Market News https://ift.tt/2ROra1q
via IFTTT

US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields

The US Dollar traded broadly sideways on Thursday as bulls paused the rally amid softer Treasury yields. Will retail sales and consumer sentiment data stoke inflation fears and a bid beneath the DXY?

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

Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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

Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint

Nasdaq 100, S&P 500, and Dow Jones end Thursday higher following three straight days of declines, as Disney reported disappointing revenue and Disney+ subscriber numbers.

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

S&P 500 Forecast: Stocks at Risk Following Major Trendline Break

As inflation fears erode risk appetite, the S&P 500 could experience further volatility puttingstock valuations at risk of further declines. A major trendline break on the S&P 500 might accelerate ...

from DailyFX - Market News https://ift.tt/3w4oTOx
via IFTTT

USD/MXN Continues Lower as Bank of Mexico Leaves 4.0% Rate Steady

The Bank of Mexico on Thursday kept its benchmark lending rate at 4.0%, as expected. USD/MXN was largely unchanged on the news but continued its drift lower.

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

USD/CAD Faces RSI Buy Signal After Clearing September 2017 Low

The Relative Strength Index (RSI) indicates a textbook buy signal for USD/CAD as the oscillator climbs out of oversold territory and pushes above 30.

from DailyFX - Market News https://ift.tt/3fk08ac
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3uvWu3Z
via IFTTT

Shiba Inu: ‘Dogecoin Killer’ Slayed after Tesla Bitcoin Ban

Shiba Inu ‘Dogecoin Killer’ soars after Elon Musk’s SNL performance, but gets slayed after Tesla’s Bitcoin reversal.

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

How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT

Oil Price Stuck in May Opening Range After Failing to Test March High

The price of oil appears to be stuck within the opening range for May amid the failed attempt to test the March high ($67.98).

from DailyFX - Market News https://ift.tt/3y65oqB
via IFTTT

Bitcoin (BTC) and Ethereum (ETH) Crushed, DogeCoin (DOGE) Slumps 20% as Tesla Halts Bitcoin Payments

A huge wave of selling in the cryptocurrency market has triggered double-digit losses in a wide range of coins, snapping the recent bull run

from DailyFX - Market News https://ift.tt/3eJ6Pnf
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/3sN1JLG
via IFTTT

Canadian Dollar Forecast: USD/CAD, CAD/JPY Risk of Reversal Rising

USD/CAD eyes on BoC Governor Macklem, CAD/JPY topside looking stretched.

from DailyFX - Market News https://ift.tt/3obrof4
via IFTTT

Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI

Gold pulls back from key trendline as inflation data sees USD pick up momentum

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

US Dollar May Rise Further as PPI Data Stokes Inflation Fears

The US Dollar may continue to push higher if PPI data tops forecasts, stoking worries about runaway price growth that forces sooner Fed stimulus withdrawal.

from DailyFX - Market News https://ift.tt/33EXk26
via IFTTT

Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat

Crude oil prices are at risk after a surprisingly strong US CPI report. A similar outcome from PPI data ahead may further pressure WTI lower as the Colonial Pipeline restarts.

from DailyFX - Market News https://ift.tt/3uLn4pg
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

Gold Price Forecast: XAU Eyes US Retail Sales After CPI Boosts Fed Rate Bets

Gold prices may look towards US retail sales and consumer confidence data for direction after a surprising inflation report drove sharp volatility.

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

Dow Jones, Nasdaq 100, Nikkei 225, ASX 200 Outlook Vulnerable After 2008 High US CPI

The Dow Jones, Nasdaq 100 and S&P 500 sank after US consumer prices rose the most since 2008, bringing forward Fed policy tapering bets. The Nikkei 225 and ASX 200 appear vulnerable.

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