US Dollar dip to be faded, summer lull kicks in.
from DailyFX - Market News https://ift.tt/3xKBern
via IFTTT
Thursday, 12 August 2021
Canadian Dollar Forecast: USD/CAD Remains in The Clutches of The US Dollar
USD/CAD is currently stuck in a low volatility rut and with little Canadian economic data of note released over the next few days, US dollar price action will determine the pair's fate
from DailyFX - Market News https://ift.tt/37zkHfx
via IFTTT
from DailyFX - Market News https://ift.tt/37zkHfx
via IFTTT
Gold Price Forecast: XAU/USD Bulls to Face Critical Fibonacci Level
Gold has been able to pick up some bullish momentum on the back of the latest US CPI data, but are buyers strong enough to break a key resistance?
from DailyFX - Market News https://ift.tt/3AAcNyP
via IFTTT
from DailyFX - Market News https://ift.tt/3AAcNyP
via IFTTT
British Pound (GBP) Price Outlook: GBP/USD Stable After Strong UK GDP Data
The UK economy grew by a huge 22.2% year/year in Q2, just above analysts' forecasts but not by enough to boost GBP/USD, which continues to trade sideways.
from DailyFX - Market News https://ift.tt/2VOvPlP
via IFTTT
from DailyFX - Market News https://ift.tt/2VOvPlP
via IFTTT
US Dollar a Focal Point with USD/CHF Approaching Resistance Levels
The US Dollar continues to consolidate after the US CPI release with central bank tapering a key determinant of future direction. As USD rises, CHF depreciation approaches important levels.
from DailyFX - Market News https://ift.tt/3CJoR2z
via IFTTT
from DailyFX - Market News https://ift.tt/3CJoR2z
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
Wednesday, 11 August 2021
The Federal Reserve Bank: A Forex Trader’s Guide
Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.
from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT
from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT
Crude Oil Prices Rise on Softer US Dollar Despite EIA Report Disappointment
Crude oil prices are looking higher as the US Dollar's recent rally losses steam. The move higher comes despite a disappointing EIA inventory report. Traders turn to an upcoming oil report from the...
from DailyFX - Market News https://ift.tt/3yTfeMJ
via IFTTT
from DailyFX - Market News https://ift.tt/3yTfeMJ
via IFTTT
S&P 500 Hits All-Time Highs as Core CPI Moderates, Hang Seng to Open Higher
The S&P 500 and Dow Jones indexes hit record highs on Wednesday as a moderated core CPI rate soothed tapering fears. The DXY US Dollar index pulled back slightly. Asia-Pacific markets look set to o...
from DailyFX - Market News https://ift.tt/3xGfD3B
via IFTTT
from DailyFX - Market News https://ift.tt/3xGfD3B
via IFTTT
Forex Vs Stocks: Top Differences & How to Trade Them
Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.
from DailyFX - Market News https://ift.tt/3sN1JLG
via IFTTT
from DailyFX - Market News https://ift.tt/3sN1JLG
via IFTTT
NZD/USD Wedge Breakout Back in Play as US Dollar Strength Cools
NZD/USD is looking higher ahead of Australian and New Zealand inflation expectations. Meanwhile, China's credit conditions point to easing monetary support.
from DailyFX - Market News https://ift.tt/3lSM1xt
via IFTTT
from DailyFX - Market News https://ift.tt/3lSM1xt
via IFTTT
Mexican Peso Outlook: USD/MXN at Risk as Traders Eye Another Banxico Rate Hike
Banxico is seen hiking rates by 25bp to 4.50% tomorrow. As the move has been discounted, traders will be paying close attention to forward-guidance to determine the path of monetary policy.
from DailyFX - Market News https://ift.tt/3fWWcgN
via IFTTT
from DailyFX - Market News https://ift.tt/3fWWcgN
via IFTTT
Oil Price Forecast: Crude Rebound Emerges amid Failed Test of July Low
The price of oil appears to have reversed course following the failed attempt to test the July low ($65.01) as it carves a series of higher highs and lows.
from DailyFX - Market News https://ift.tt/3jJTzQt
via IFTTT
from DailyFX - Market News https://ift.tt/3jJTzQt
via IFTTT
US Dollar Tests Support After CPI: EUR/USD, GBP/USD, USD/JPY
The US Dollar pulled back after a 5.4% headline inflation print. Is this a temporary pullback or the beginnings of a USD reversal?
from DailyFX - Market News https://ift.tt/3scBJJJ
via IFTTT
from DailyFX - Market News https://ift.tt/3scBJJJ
via IFTTT
EUR/GBP Price Outlook: Sluggish Eurozone Recovery Weighs on the Euro
The EUR/GBP pair continues to fall within the descending channel as the eurozone continues its rocky road to recovery
from DailyFX - Market News https://ift.tt/3CzVYpL
via IFTTT
from DailyFX - Market News https://ift.tt/3CzVYpL
via IFTTT
Gold Price Forecast: Rebound in Bullion Generates RSI Buy Signal
The price of gold may stage a larger recovery over the coming days as the Relative Strength Index (RSI) offers a textbook buy signal.
from DailyFX - Market News https://ift.tt/3AxeL2X
via IFTTT
from DailyFX - Market News https://ift.tt/3AxeL2X
via IFTTT
USD & US Rates Dip, Reprieve for Gold In Reaction to US CPI
USD dips on US CPI, however, moves likely to be short-lived with inflation Fed goal reached
from DailyFX - Market News https://ift.tt/3yKAeoQ
via IFTTT
from DailyFX - Market News https://ift.tt/3yKAeoQ
via IFTTT
Bitcoin (BTC), Ethereum (ETH) Rally Further, Alt-Coins Starting to Lead the Move
In the last week, the cryptocurrency market has seen strong double-digit gains across the board with a range of alt-coins leading the charge.
from DailyFX - Market News https://ift.tt/3AznGAU
via IFTTT
from DailyFX - Market News https://ift.tt/3AznGAU
via IFTTT
What Does a Forex Spread Tell Traders?
Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.
from DailyFX - Market News https://ift.tt/2Zskzue
via IFTTT
from DailyFX - Market News https://ift.tt/2Zskzue
via IFTTT
How to Learn Technical Analysis with DailyFX
Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...
from DailyFX - Market News https://ift.tt/3s97xiT
via IFTTT
from DailyFX - Market News https://ift.tt/3s97xiT
via IFTTT
Subscribe to:
Comments (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....