Last week's FOMC put even more emphasis on this week's NFP. With the USD hanging in the balance, will bears make a move ahead of the print?
from DailyFX - Market News https://ift.tt/3C6GQQn
via IFTTT
Monday, 2 August 2021
USD/JPY Eyes July Low with US Yields Under Pressure Ahead of NFP Report
USD/JPY appears to be on track to test the July low (109.06) ahead of the US Non-Farm Payrolls (NFP) report as longer-dated US Treasury yields come back under pressure.
from DailyFX - Market News https://ift.tt/3xf7P8x
via IFTTT
from DailyFX - Market News https://ift.tt/3xf7P8x
via IFTTT
USD/CAD Outlook Hinges on US & Canada Employment Reports
USD/CAD may consolidate ahead of the employment reports due out of the US and Canada as Federal Reserve officials tame speculation for a looming shift in monetary policy.
from DailyFX - Market News https://ift.tt/3fmxmXr
via IFTTT
from DailyFX - Market News https://ift.tt/3fmxmXr
via IFTTT
Nasdaq Fluctuates Following Rosy ISM Manufacturing Report
Stocks gapped higher at opening bell on Wall Street, but the Nasdaq receded slightly following a solid ISM manufacturing report that showed strong employment gains ahead of NFPs due Friday.
from DailyFX - Market News https://ift.tt/3fprb50
via IFTTT
from DailyFX - Market News https://ift.tt/3fprb50
via IFTTT
USD/ZAR Outlook: Strong Open For South African Rand Ahead of U.S. PMI
The rand is attempting to regain its title as the leading Emerging Market (EM) currency against the dollar YTD but with upcoming key economic data, can ZAR bulls hold on?
from DailyFX - Market News https://ift.tt/3j8E2tg
via IFTTT
from DailyFX - Market News https://ift.tt/3j8E2tg
via IFTTT
How Central Banks Impact the Forex Market
Discover how policies and interest rate hikes of central banks impact forex and trading decisions.
from DailyFX - Market News https://ift.tt/3gYBL4D
via IFTTT
from DailyFX - Market News https://ift.tt/3gYBL4D
via IFTTT
Australian Dollar Forecast: RBA Sticking to QE Taper Can Lift AUD/USD
RBA may stick to the script despite widespread lockdown measures
from DailyFX - Market News https://ift.tt/2WGzrXD
via IFTTT
from DailyFX - Market News https://ift.tt/2WGzrXD
via IFTTT
Top 8 Forex Trading Strategies and their Pros and Cons
Compare the pros and cons of different forex strategies, from day trading to position trading.
from DailyFX - Market News https://ift.tt/3uaf2Gy
via IFTTT
from DailyFX - Market News https://ift.tt/3uaf2Gy
via IFTTT
Cryptocurrencies Trim Weekend Gains, Ethereum (ETH) Outperformance Continues
The crypto market enjoyed a positive weekend with a range of coins seeing a decent move higher. Ethereum's chart breakout may lead to further gains.
from DailyFX - Market News https://ift.tt/3C4qebZ
via IFTTT
from DailyFX - Market News https://ift.tt/3C4qebZ
via IFTTT
GBP/USD Nudging Higher Towards 1.40 as FTSE 100 Builds Strong Momentum Ahead of BoE
End of month flows saw GBP/USD struggling to keep momentum going on Friday but buyers are giving it another go in their attempt to break the 1.40 barrier
from DailyFX - Market News https://ift.tt/2V7FLXY
via IFTTT
from DailyFX - Market News https://ift.tt/2V7FLXY
via IFTTT
Sunday, 1 August 2021
Crude Oil Prices Drop After Weaker China PMI, Viral Resurgence
WTI crude oil prices pulled back on Monday following the release of weaker-than-expected China NBS PMI figures. Markets also weigh the impact of the Delta variant on global energy demand.
from DailyFX - Market News https://ift.tt/3C5PIWo
via IFTTT
from DailyFX - Market News https://ift.tt/3C5PIWo
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
from DailyFX - Market News https://ift.tt/3uvWu3Z
via IFTTT
US Dollar Outlook: SGD, THB, IDR, PHP May Benefit on Slowing Covid Growth, Soft NFPs
The US Dollar could lose some ground against ASEAN currencies such as the Singapore Dollar and Thai Baht amid slowing Emerging Asia Covid case growth. Softer US NFPs may also bode well.
from DailyFX - Market News https://ift.tt/2VfpyzV
via IFTTT
from DailyFX - Market News https://ift.tt/2VfpyzV
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
from DailyFX - Market News https://ift.tt/3gV9dXm
via IFTTT
Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday
Gold prices have finally started to respond to a promising fundamental backdrop – but as always, the US labor market report can upend even the best laid plans of mice and men.
from DailyFX - Market News https://ift.tt/3zYHeOR
via IFTTT
from DailyFX - Market News https://ift.tt/3zYHeOR
via IFTTT
Markets Week Ahead: Dow Jones, US Dollar, NFPs, Canadian Dollar, Australian Dollar, RBA
The Dow Jones and S&P 500 weakened despite a relatively dovish Fed as rising Covid cases threatened global growth. The Australian Dollar may be at risk, with the US Dollar and Canadian Dollar eyein...
from DailyFX - Market News https://ift.tt/2VqPNTv
via IFTTT
from DailyFX - Market News https://ift.tt/2VqPNTv
via IFTTT
Nasdaq 100 Retreats From Record Territory After FAANG Earnings. What Next?
Tech stocks pulled back from record territory after Amazon posted tepid Q3 guidance. The pandemic winners see their growth rates normalizing in the second half of the year, limiting the upside pote...
from DailyFX - Market News https://ift.tt/3jdPpjw
via IFTTT
from DailyFX - Market News https://ift.tt/3jdPpjw
via IFTTT
Mexican Peso Weekly Forecast: USD/MXN Back Within Key Range as USD Flops
USD/MXN drops back into its recent range as investors await further guidance from economic data.
from DailyFX - Market News https://ift.tt/37dxYtS
via IFTTT
from DailyFX - Market News https://ift.tt/37dxYtS
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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...