Euro Forecast: EUR/USD Likely to Hold its Ground in Week Ahead

The Euro is currently being pulled one way by a growing Eurozone economy and the other by a dovish ECB. The result is likely to be opportunities to trade the range in EUR/USD.

from DailyFX - Market News https://ift.tt/3AzY1ID
via IFTTT

Gold Fundamental Forecast: XAU/USD Eyes CPI After NFP Plunge

Gold prices plunged lower after a hotter-than-expected NFP report bolstered the US Dollar and Fed rate hike bets. The yellow metal turns its focus to CPI figures.

from DailyFX - Market News https://ift.tt/3jAnWJ4
via IFTTT

Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar after the Strong July NFP?

The US Dollar (via the DXY Index) has rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds.

from DailyFX - Market News https://ift.tt/3yxZ6jg
via IFTTT

Bitcoin (BTC), Ethereum (ETH) Looking To Push Higher as Support Levels Hold

The crypto market is pushing higher going into the weekend with Bitcoin eyeing a cluster of prior highs that�are currently�acting�as overhead resistance.

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

Australian Dollar May Wobble on Global Covid Cases, Fedspeak, Iron Ore Price Drop

The Australian Dollar may be vulnerable as a combination of rising Covid cases around the world, Fedspeak about tapering asset purchases and falling iron ore prices weigh on AUD/USD.

from DailyFX - Market News https://ift.tt/37pOiI9
via IFTTT

British Pound Forecast: BoE Talks End Game, EUR/GBP Drops to Yearly Lows

BoE announces threshold to unwind balance sheet. EUR/GBP risking a break of YTD lows.

from DailyFX - Market News https://ift.tt/3jrM4xG
via IFTTT

Non-Farm Payrolls (NFP), Ethereum Fork (ETH) & Robinhood (HOOD) – FinTwit Trends to Watch

Fintwit this week - DXY pops after positive NFP and unemployment data, Ethereum (ETH) rallies while Robinhood fades.

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

Gold Price Remains Susceptible to Death Cross Formation Following NFP

The technical outlook casts a bearish forecast for the price of gold as a ‘death cross’ formation looks poised to take shape over the coming days.

from DailyFX - Market News https://ift.tt/2X1BPZk
via IFTTT

USD/JPY Spikes Higher as US Dollar Gains on Solid NFP Report

USD/JPY price action just made a sharp move higher with the US Dollar strengthening in response to better-than-expected nonfarm payrolls data.

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

SA Rand Forecast: USD/ZAR Spikes After Finance Minister Reshuffle, NFP Next

USD/ZAR shot up briefly last night as President Ramaphosa announced a cabinet minister reshuffle. NFP data set to add to the recent volatility in the pair

from DailyFX - Market News https://ift.tt/3jrEX8d
via IFTTT

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

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