Brent Crude Oil Soars to a Three Year High on Supply-Demand Mis-Match

Brent crude is now trading at highs last seen nearly three years ago as demand continues to soar.

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

DAX 40, S&P 500, FTSE 100 Setup: Rising Yields and Energy Shortages Dampen Sentiment

Energy shortages, rising price expectations and higher yields weigh on global stocks

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

Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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

GBP/USD Forecast: GBP Breakdown Risks Heightened on US Dollar Charge

GBP/USD Slides as US Dollar Extends Rally. Hawkish BoE Pricing Leaves GBP Vulnerable to Breakdown

from DailyFX - Market News https://ift.tt/2Wi2O2G
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/3doaAym
via IFTTT

Gold and Silver Price Outlook Bleak: Sellers in Control as US Bond Yields Rally

Gold and Silver are suffering from the ongoing rise in US bond yields with both looking to find the next level of technical support.

from DailyFX - Market News https://ift.tt/2WjFO3t
via IFTTT

Australian Dollar Jumps, Energy and US Yields Skip a Beat. Can AUD/USD Break Higher?

The Australian Dollar grinds higher as commodities roar and yields climb with Fed movements. Will the AUD/USD break new ground?

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

US Dollar, Japanese Yen May Rise if Fed Policy Destabilizes CLO Market

The US Dollar and Japanese Yen may rise if Fed steps to tightening credit conditions destabilize liquidity-dependent credit instruments.

from DailyFX - Market News https://ift.tt/3m2cOWQ
via IFTTT

Crude Oil Outlook: WTI Prices Climb, Supply Constraints Support Higher Prices

WTI crude oil prices continue to rise as prices reclaim key psychological levels. Supply constraints and heightened demand likely support the recent rise.

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

Gold, Iron Ore Forecast: Rising Yields Weigh on XAU, Iron Ore Languishes

Gold prices face off with rising Treasury yields as jobs data approaches. Meanwhile, iron ore prices caught a small bid on bullish port activity out of China.

from DailyFX - Market News https://ift.tt/2XW78VX
via IFTTT

Dow Jones Gains as Nasdaq 100 Sinks, Crude Oil Boosts Energy Stocks. ASX 200 in Focus

The Dow Jones outperformed the Nasdaq 100 as crude oil prices pushed energy stocks higher. The ASX 200 may find some relief as iron ore prices appear to stabilize after persistent losses.

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

NZD/USD Struggles as RBNZ Hike Bets Dim. Australian Retail Sales, Chinese Data Near

The New Zealand Dollar is struggling to gain strength after traders cut RBNZ rate hike bets this past week. Today offers potential event risk through China's industrial profits and Australia's reta...

from DailyFX - Market News https://ift.tt/39OM8CV
via IFTTT

Mexican Peso Outlook: Higher U.S. Yields Weigh on EMFX, Banxico on Tap this Week

Rising U.S. Treasury rates could weigh on the Mexican peso and EMFX in the near-term, especially if upside moves in yields are large and occur over a short period of time.

from DailyFX - Market News https://ift.tt/3ocJ4Jj
via IFTTT

Bitcoin (BTC/USD), Ethereum (ETH/USD) Grind Away at Support

Both Bitcoin and Ethereum continue to hold support even after China banned cryptocurrencies again. Ethereum is holding a range while BTC tests a longer-term spot of support.

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

FX Week Ahead - Top 5 Events: Fed Chair Testimony; China Manufacturing PMI; Eurozone Inflation Rate; US PCE; US Manufacturing ISM & PMI

The last days of September bring about a slew of important data releases from some of the world’s major economies.

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

USD/NOK Rates Hit New Low; USD/CHF, USD/SEK Rates See Improved Bullish Momentum

The US Dollar is perking up against a basket of European currencies.

from DailyFX - Market News https://ift.tt/2Y4vGfJ
via IFTTT

US Dollar Ascending Triangle: FOMC Forecasts Push USD Breakout Potential

The US Dollar is testing resistance around the 2021 high, and with the Q4 open nearing, the door may be opening for a big end-of-year for the USD.

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

USD/ZAR Outlook: Rise in U.S. Treasury Yields Limit Rand Appetite

The week is off to a roller-coaster start as U.S. Treasury yields surge causing an initial uptick in the USD/ZAR pair. Rand remains under pressure as local treasury concerns ascend while focus turn...

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

Oil Price Forecast: Crude Stages Five Day Rally to Eye July High

The price of oil appears to be on track to test the yearly high ($76.98) as crude stages a five day rally for the first time since January.

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

Breaking News: US Durable Goods Orders Beat Estimates, DXY Remains Elevated

US durable goods orders drastically outperformed expectations of 0.7%, printing at 1.8%. We take a look at the immediate DXY reaction

from DailyFX - Market News https://ift.tt/3zKTe60
via IFTTT