High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.
from DailyFX - Market News https://ift.tt/35TiXNj
via IFTTT
Thursday, 24 June 2021
Mexican Peso Gains on Banxico’s Rate Hike Surprise and Hawkish Shift, USD/MXN Sinks
Banxico surprises investors and raises its overnight interest rate by 25 basis points to 4.25%, causing the Mexican peso to rise sharply against the dollar.
from DailyFX - Market News https://ift.tt/3jev2V4
via IFTTT
from DailyFX - Market News https://ift.tt/3jev2V4
via IFTTT
S&P 500 Leaps to All-Time High on Infrastructure Agreement
The S&P 500 Index is extending its rally to fresh all-time highs as stocks advance further on the session in response to President Biden announcing a bipartisan infrastructure deal has been reached.
from DailyFX - Market News https://ift.tt/3h4I8RZ
via IFTTT
from DailyFX - Market News https://ift.tt/3h4I8RZ
via IFTTT
Gold Price Forecast: Gold Grasps at Fibo Support but Sellers Vigilant
Gold prices took a massive hit last week, but the sell-off stopped at a big spot of support. Sellers, however, haven't yet let up as a short-term range has built.
from DailyFX - Market News https://ift.tt/2SU4Nsv
via IFTTT
from DailyFX - Market News https://ift.tt/2SU4Nsv
via IFTTT
Oil Price Outlook Hinges on OPEC JMMC Meeting
The price of oil may face headwinds ahead of the OPEC JMMC meeting on July 1 as the group appears to be on track to restore production throughout the rest of the year.
from DailyFX - Market News https://ift.tt/3qkjyRy
via IFTTT
from DailyFX - Market News https://ift.tt/3qkjyRy
via IFTTT
GBP/USD Drops as BoE Disappoints Calls for Hawkish Surprise
BoE leaves policy unchanged as expected. 8-1 vote split disappoints GBP bulls looking for a hawkish surprise.
from DailyFX - Market News https://ift.tt/3gUbN1I
via IFTTT
from DailyFX - Market News https://ift.tt/3gUbN1I
via IFTTT
EUR/USD Finding Short-Term Resistance Tough to Break, US Data to Drive the Next Move
EUR/USD is struggling to pull back recent losses and further lows may be on the horizon if US data shows inflation becoming increasingly sticky
from DailyFX - Market News https://ift.tt/2T12tzQ
via IFTTT
from DailyFX - Market News https://ift.tt/2T12tzQ
via IFTTT
FTSE 100 Outlook: Trendline Support Becomes Resistance as Momentum Shifts
The FTSE 100 falls below key resistance as bearish pressure increases
from DailyFX - Market News https://ift.tt/35Q37mG
via IFTTT
from DailyFX - Market News https://ift.tt/35Q37mG
via IFTTT
Bank of England Preview: How Will the Pound (GBP) React?
BoE to maintain policy settings, while risks lean towards a more hawkish statement.
from DailyFX - Market News https://ift.tt/3vQJPbd
via IFTTT
from DailyFX - Market News https://ift.tt/3vQJPbd
via IFTTT
US Dollar (USD) Price Outlook: Friday's US Inflation Data to Determine Next Move
The US Dollar will likely trade narrowly ahead of Friday’s US core PCE data, the Fed’s favorite measure of inflation, which will likely determine the next major move for the currency.
from DailyFX - Market News https://ift.tt/3xHWy1c
via IFTTT
from DailyFX - Market News https://ift.tt/3xHWy1c
via IFTTT
How to Trade After a News Release
Looking to trade post release? Read on for more on approaching volatile conditions after news events.
from DailyFX - Market News https://ift.tt/3uvBlXG
via IFTTT
from DailyFX - Market News https://ift.tt/3uvBlXG
via IFTTT
Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative
Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring.
from DailyFX - Market News https://ift.tt/2UCqbTD
via IFTTT
from DailyFX - Market News https://ift.tt/2UCqbTD
via IFTTT
Wednesday, 23 June 2021
Top 10 Candlestick Patterns To Trade the Markets
Discover the 10 most reliable candlestick patterns for trading the financial markets.
from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT
from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT
Gold, Crude Oil Price Forecast: Fed Narrative May be Challenged on US PCE, Durable Goods
Gold and crude oil prices may see volatility in the days ahead with several potentially high-impact events on tap, with PCE looking to cap off the week.
from DailyFX - Market News https://ift.tt/3qol45i
via IFTTT
from DailyFX - Market News https://ift.tt/3qol45i
via IFTTT
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
The June FOMC is in the rearview mirror, and Fed policymakers are attempting to shape the narrative around what exactly normalization means.
from DailyFX - Market News https://ift.tt/2Sno70N
via IFTTT
from DailyFX - Market News https://ift.tt/2Sno70N
via IFTTT
S&P 500 Retreats as Investors Mull Tapering, Hang Seng and ASX 200 May Fall
The S&P 500 index pulled back slightly as several Fed officials gave hawkish signals. The 2-year Treasury yield climbed to a 14-month high. APAC markets opened mixed.
from DailyFX - Market News https://ift.tt/2Use7E5
via IFTTT
from DailyFX - Market News https://ift.tt/2Use7E5
via IFTTT
Bitcoin (BTC) Analysis: Dead Cat Bounce After Death Cross, or New Bull Market?
The formation of a “Death Cross” on Bitcoin’s daily chart paints a bleak picture for the cryptocurrency, following a test of yearly lows around $28,800.
from DailyFX - Market News https://ift.tt/2SZGFoe
via IFTTT
from DailyFX - Market News https://ift.tt/2SZGFoe
via IFTTT
New Zealand Dollar Forecast: NZD/USD Testing Key Moving Average as Price Rebounds
The New Zealand Dollar is on track to record a third consecutive daily gain against the US Dollar despite Fed tapering fears driving the US Dollar broadly higher. Traders are shifting focus to the ...
from DailyFX - Market News https://ift.tt/3j8oRSE
via IFTTT
from DailyFX - Market News https://ift.tt/3j8oRSE
via IFTTT
GBP/USD Price Outlook: Pound Sterling Eyes BoE Rate Decision
GBP/USD price action in focus with overnight implied volatility readings elevated as markets await event risk posed by the Bank of England rate decision scheduled for Thursday, 24 June at 11:00 GMT.
from DailyFX - Market News https://ift.tt/2T0SOJp
via IFTTT
from DailyFX - Market News https://ift.tt/2T0SOJp
via IFTTT
Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause
High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.
from DailyFX - Market News https://ift.tt/3vTsGh7
via IFTTT
from DailyFX - Market News https://ift.tt/3vTsGh7
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....