EUR/USD remains in an uptrend and is in a good position to reach the 1.23 level and then new highs for the year to date as the Eurozone economy improves and coronavirus cases drop.
from DailyFX - Market News https://ift.tt/3i5Prv6
via IFTTT
Monday, 31 May 2021
Gold Price Outlook: XAU/USD Advance at Critical Juncture
Gold prices continue to surge as treasury yields, real yields and the US dollar dip but the ‘oversold’ metal remains vulnerable to a potential slow-down.
from DailyFX - Market News https://ift.tt/2S0XjmN
via IFTTT
from DailyFX - Market News https://ift.tt/2S0XjmN
via IFTTT
GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns
GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.
from DailyFX - Market News https://ift.tt/34yxOw0
via IFTTT
from DailyFX - Market News https://ift.tt/34yxOw0
via IFTTT
Sunday, 30 May 2021
Crude Oil Prices Eye Key Chart Resistance with OPEC+ Meeting in Focus
Crude oil prices are hovering near a key chart resistance as traders await an OPEC+ meeting scheduled on June 1st. Iranian sanctions remain a wildcard as nuclear talks may cloud the supply outlook.
from DailyFX - Market News https://ift.tt/2TlDjLY
via IFTTT
from DailyFX - Market News https://ift.tt/2TlDjLY
via IFTTT
Gold Prices Hit Four-Month High as US Dollar, Bond yields Retreat
Gold prices climbed to a four-month high as a weaker US Dollar and falling longer-dated Treasury yields bolstered the appeal of the yellow metal. ETF inflows decelerated last week.
from DailyFX - Market News https://ift.tt/3uv53La
via IFTTT
from DailyFX - Market News https://ift.tt/3uv53La
via IFTTT
Dow Jones, Hang Seng, ASX 200 Outlook: Chinese Manufacturing PMI in Focus
Wall Street stocks shrugged off higher-than-expected core PCE inflation data. The Russell 2000 retreated as AMC Entertainment pulled back. Asia-Pacific investors are eyeing Chinese PMI today.
from DailyFX - Market News https://ift.tt/3c5f4bk
via IFTTT
from DailyFX - Market News https://ift.tt/3c5f4bk
via IFTTT
Markets Week Ahead: Dow, Euro, Dollar, Oil, Bitcoin, RBA Decision, NFPs
Markets were rather uneventful last week with volatility cooling off as we head into the lull of summer, but event risk on the horizon looks plentiful. What's in store for the week ahead?
from DailyFX - Market News https://ift.tt/3wGxRli
via IFTTT
from DailyFX - Market News https://ift.tt/3wGxRli
via IFTTT
Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach
Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of range-bound price action.
from DailyFX - Market News https://ift.tt/3wKejg4
via IFTTT
from DailyFX - Market News https://ift.tt/3wKejg4
via IFTTT
How to Research Stocks: A Step by Step Guide
Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.
from DailyFX - Market News https://ift.tt/3kyXzSh
via IFTTT
from DailyFX - Market News https://ift.tt/3kyXzSh
via IFTTT
Saturday, 29 May 2021
Euro Forecast: EUR/USD Price Outlook Positive, Well Placed For More Gains
EUR/USD remains in an uptrend and is in a good position to reach the 1.23 level and then new highs for the year to date as the Eurozone economy improves and coronavirus cases drop.
from DailyFX - Market News https://ift.tt/3vyQdVn
via IFTTT
from DailyFX - Market News https://ift.tt/3vyQdVn
via IFTTT
Gold Forecast Bright on Weak USD; Silver Eyes Multi-Year High
Gold price action advanced for its fourth-week straight as silver soared to multi-year highs thanks to a stubbornly weak US Dollar. Will gold and silver prices rise further or will Fed hawks stymie...
from DailyFX - Market News https://ift.tt/3p3WXI4
via IFTTT
from DailyFX - Market News https://ift.tt/3p3WXI4
via IFTTT
Weekly Fundamental US Dollar Forecast: Inflation Fears Linger; May US NFP Due Friday
The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasuries, has proved to be a negative influence on US Dollar.
from DailyFX - Market News https://ift.tt/3yPJHLG
via IFTTT
from DailyFX - Market News https://ift.tt/3yPJHLG
via IFTTT
NFP and Forex: What is NFP and How to Trade It?
Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.
from DailyFX - Market News https://ift.tt/33zwgSi
via IFTTT
from DailyFX - Market News https://ift.tt/33zwgSi
via IFTTT
Bitcoin (BTC), Ethereum (ETH), Alt-Coins - Beware of Weekend Volatility
The 24/7 cryptocurrency market needs to monitored closely over the coming long weekend with volatility levels still high
from DailyFX - Market News https://ift.tt/3c3Zg8V
via IFTTT
from DailyFX - Market News https://ift.tt/3c3Zg8V
via IFTTT
Friday, 28 May 2021
Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices
The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.
from DailyFX - Market News https://ift.tt/3i0utxy
via IFTTT
from DailyFX - Market News https://ift.tt/3i0utxy
via IFTTT
Biden Administration Reveals 2021-22 Budget Forecast, Lack of Growth Apparent
The Biden Administration released its forecasted budget for FY 2021-22, highlighted by a strong rebound in employment and underwhelming growth over the next decade.
from DailyFX - Market News https://ift.tt/3vyfKhc
via IFTTT
from DailyFX - Market News https://ift.tt/3vyfKhc
via IFTTT
GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns
GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.
from DailyFX - Market News https://ift.tt/3yK3Wud
via IFTTT
from DailyFX - Market News https://ift.tt/3yK3Wud
via IFTTT
The Federal Reserve Bank: A Forex Trader’s Guide
Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.
from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT
from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT
The Scary Fed Number Everyone is Talking About
Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?
from DailyFX - Market News https://ift.tt/3oY7rJb
via IFTTT
from DailyFX - Market News https://ift.tt/3oY7rJb
via IFTTT
Gold Price Reverses at Resistance as Rally Remains Intact
After surging to its highest level since January earlier this week, gold suffered a slight pullback at resistance around $1,920. Alongside technical barriers, a slight rise in Treasury yields may h...
from DailyFX - Market News https://ift.tt/3uztpTP
via IFTTT
from DailyFX - Market News https://ift.tt/3uztpTP
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...