US Dollar Outlook: SGD, THB, IDR, PHP May Fall on Capital Flight, Covid Risks

The US Dollar outlook against ASEAN currencies like the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso remains bullish amid capital outflows risks as Covid cases swell.

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

Gold Prices Down with Stocks as the US Dollar Gains on Haven Demand

Gold prices fell alongside stocks as a dour mood spread across financial markets, boosting haven-minded US Dollar buying and punishing anti-fiat alternatives.

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

AUD/USD Under Fire as Australian Lockdowns Ramp Up, Risk Trends in Focus

The Australian Dollar faces a deteriorating economic backdrop as Covid-induced lockdowns across its home country ramp up. A quiet week ahead on the economic calendar leaves prevailing trends unchec...

from DailyFX - Market News https://ift.tt/3xOZ5r5
via IFTTT

Markets Week Ahead: Dow Jones, DAX 30, US Dollar, Euro, ECB, Bitcoin, Elon Musk

Market sentiment deteriorated as the Dow Jones and DAX 30 ended on a downbeat. The US Dollar is notably rising and crude oil prices are weakening. Ahead, the Euro is eyeing the ECB. Bitcoin traders...

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

Markets Week Ahead: Dow Jones, DAX 30, US Dollar, Euro, ECB, Bitcoin, Elon Musk

Market sentiment deteriorated as the Dow Jones and DAX 30 ended on a downbeat. The US Dollar is notably rising and crude oil prices are weakening. Ahead, the Euro is eyeing the ECB. Bitcoin traders...

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

IBM, Netflix, Twitter Earnings Eyed as Nasdaq 100 Faces "Reality Check"

The magnificent rally of the Nasdaq 100 index is facing a ‘reality check” this week as IBM, Netflix, Intel and Twitter release results. Will they deliver positive surprises?

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

https://ift.tt/36K1ZBu

The ECB’s Governing Council will make its latest statement on Eurozone monetary policy this coming Thursday and it will likely lead to further losses for the Euro.

from DailyFX - Market News https://ift.tt/3erOb2Q
via IFTTT

Gold Price to Face Fed Blackout Period Ahead of July Rate Decision

Swings in risk sentiment may influence the price of gold as the Federal Reserve enters the blackout period ahead of the interest rate decision on July 28.

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

US Dollar Fundamental Forecast: More Upside on Fed Bets, Safe-Haven Flows

The US Dollar is likely to drive higher on strong fundamental drivers, including increasingly strong bets on Fed tightening and Covid-induced safe-haven flows.

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

Bitcoin (BTC), Ethereum (ETH) Sell-Off Into The Weekend, Support Looks Increasingly Fragile

The cryptocurrency market remains under pressure and looks primed to test recent support levels

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

Weekly Fundamental Australian Dollar Forecast: Nothing to Like, No Saving Grace

The third week of July brings about a quieter economic calendar for Australia; there are zero ‘high’ rated events on the DailyFX Economic Calendar.

from DailyFX - Market News https://ift.tt/2VLZ7l7
via IFTTT

British Pound (GBP) Weekly Forecast: On Alert for Comments from BOE Members

Hawkish comments from BOE members keep GBP/USD and EUR/GBP within range

from DailyFX - Market News https://ift.tt/3z45RJr
via IFTTT

US Dollar Outlook: DXY Reacts to Retail Sales, Consumer Sentiment

The US Dollar continues to trade near session highs with a miss on headline consumer sentiment data being offset by strong retail sales and rising inflation expectations. Where is the DXY headed next?

from DailyFX - Market News https://ift.tt/3reYEn8
via IFTTT

South African Rand Outlook: ZAR Strengthens Despite Ongoing Unrest

ZAR strengthens in spite of continued unrest and looting in SA. We take a look at key technical levels for the week ahead

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

Long GBP/JPY: Q3 Top Trading Opportunities

GBP/JPY is up around 30 big figures from the spike low made in mid-March 2020 with the daily chart showing a series of higher highs and higher lows printed along the way.

from DailyFX - Market News https://ift.tt/3w9itNK
via IFTTT

US Dollar (DXY) Outlook: Inching Towards a Fresh Three-Month High Ahead of Important Data Releases

The US dollar continues to nudge higher and may attempt a fresh break above resistance if upcoming US data releases meet expectations

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

UK Morning Rundown: GBP/USD Struggles to Find Support, FTSE 100 Bouncing Off 7,000

Uncertainty about the path of interest rates leaves UK assets struggling for direction

from DailyFX - Market News https://ift.tt/2UU01LS
via IFTTT

Crude Oil Prices Under Fire, US Retail and Consumer Trends Data Eyed

Crude oil prices are set for the worst week in four months amid worries about slowing growth and deadlocked OPEC+ negotiations. US retail sales and consumer confidence data is due.

from DailyFX - Market News https://ift.tt/3xFd3LX
via IFTTT

Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens: Q3 Top Trading Opportunities

A hawkish shift in the Fed’s monetary policy stance may mark another period of outperformance in the Nasdaq 100 index versus the Dow Jones Industrial Average.

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

Gold Price Outlook: US Retail Sales, University of Michigan Sentiment in Focus

Gold may be at risk before the weekend if US retail sales and University of Michigan sentiment surprise higher. Still, the near-term technical outlook for XAU/USD seems to favor the upside.

from DailyFX - Market News https://ift.tt/3elUJA0
via IFTTT