Friday, 6 August 2021

USD/CAD Facing a Double Dose of Critical Jobs Data

USD/CAD traders are sitting on their hands as crucial US and Canadian jobs data hit the wires later in the session.

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

DAX 30, FTSE 100 and CAC 40 Fighting Off Resistance as Momentum Builds

European equities attempt to break away from key resistance as buyers keep momentum going

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

US Dollar Price Outlook: Market Risk Heightened on NFP Release

NFP report important for Fed signal timing of QE taper.

from DailyFX - Market News https://ift.tt/3yvaT1M
via IFTTT

Gold (XAU/USD) prices falter ahead of Non-Farm Payrolls (NFP), Silver Stalls

Gold prices drop below $1,800 ahead of Non-Farm Payrolls. Silver prices stabilize below prior trendline resistance

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

Thursday, 5 August 2021

Indian Rupee Falls as RBI Holds Dovish Stance, USD/INR Eyes Support. Nifty 50 at Risk?

The Indian Rupee fell as the RBI maintained its accommodative stance, but it was not unanimous. USD/INR bounced off key support. The Nifty 50 gave up gains as bond yields climbed.

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

Natural Gas Outlook: Warms Conditions Persist in the US and Europe, Gains Ahead?

Natural gas continues to look higher, as hot weather and drought conditions across the United States and Europe, help fuel the already strong demand narrative for the commodity.

from DailyFX - Market News https://ift.tt/37qe1jQ
via IFTTT

The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

from DailyFX - Market News https://ift.tt/325Ivoz
via IFTTT

Nasdaq 100 Hits All-Time High, Lifting Nikkei 225 and ASX 200

The Nasdaq 100 index climbed to a record high ahead of Fridays nonfarm payrolls report. Strong US earnings underpinned sentiment, whereas the Delta variant remains a top weighing factor. APAC marke...

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

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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

Australian Dollar Forecast: AUD/USD May Move on RBA, Covid, China, US NFPs

The Australian Dollar is benefiting from a rebound in sentiment after Wall Street closed higher. AUD/USD looks to the RBA and Friday's NFP report as the week comes to a close.

from DailyFX - Market News https://ift.tt/3iruwm0
via IFTTT

US Dollar Outlook: NFP Report Set to Sway Fed Taper Timeline

The US Dollar is in the hot seat with outlook for USD price action hinging largely on the upcoming release of monthly nonfarm payrolls data and its potential to impact the Fed taper timeline.

from DailyFX - Market News https://ift.tt/3ix08Xv
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

Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher

The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil's central bank, as fiscal concerns dent sentiment and drive demand for US dollars.

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

NZD/USD Rate Defends August Rally Ahead of US NFP Report

NZD/USD defends the rally following the better-than-expected New Zealand Employment report even as Federal Reserve officials show a greater willingness to switch gears.

from DailyFX - Market News https://ift.tt/3fx9Kzy
via IFTTT

US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, USD/CAD

The US Dollar is holding on to a gain for the week, and tomorrow brings the big one with the release of July Non-farm Payrolls.

from DailyFX - Market News https://ift.tt/2VtTZT5
via IFTTT

Oil Price Eyes July Low as Bearish Price Series Remains Intact

Recent price action casts a bearish outlook for the price of oil as it extends the series of lower highs and lows from the start of the week.

from DailyFX - Market News https://ift.tt/3xqkA08
via IFTTT

BOE Meeting: GBP Pulls Back as Only Saunders Sticks to Hawkish Agenda

Bank of England votes 7-1 to keep asset purchases unchanged as Saunders sees inflation more persistent than others

from DailyFX - Market News https://ift.tt/3ir8rns
via IFTTT

Crude Oil Price Outlook: US Crude May Have Further to Fall

The price of US crude has fallen sharply so far this month and will likely drop further as traders shrug off heightened political tensions in the Middle East and concentrate on rising inventories.

from DailyFX - Market News https://ift.tt/2VvD5Dl
via IFTTT

EUR/GBP Testing Notable Support Level Ahead of BoE ‘Super Thursday’

EUR/GBP is again pressing down on an important support level at 0.8500 as the latest Bank of England (BoE) decision looms.

from DailyFX - Market News https://ift.tt/37kIVtJ
via IFTTT

Bank of England Preview: How Will the Pound (GBP) React?

BoE to maintain policy settings, markets geared for a vote split on QE

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

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...