Wednesday, 6 October 2021

USD Breaking News: Bullish Dollar Environment Holds as ADP Beats Estimates

ADP employment change figures for September smashed forecasts and now with NFPs around the corner, expect FX (dollar) volatility to rise pre and post-announcement.

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

GBP/USD At Risk of Being a Victim to BoE Rate Bets, Why is NZD Weak After RBNZ Hike?

Aggressive BoE tightening calls leaves GBP vulnerable on the downside. Expected RBNZ hike does little for NZD.

from DailyFX - Market News https://ift.tt/3Al83wl
via IFTTT

US Dollar Probes a Fresh Multi-Month High, Treasury Yields Rally on Inflation Fears

The US dollar basket (DXY)is pushing higher and nears a recent one-year high as inflation fears continue to stalk the market.

from DailyFX - Market News https://ift.tt/300NV6u
via IFTTT

Is Crypto De-Correlation From Traditional Assets Underway? - BTC, ETH Latest

Cryptos bounce back as SEC follows Fed in Saying they will not ban the use of digital coins

from DailyFX - Market News https://ift.tt/3acG1J2
via IFTTT

Surging US Crude Oil Price Adds to Downward Pressure on Stocks, Bonds and Gold Price

US and Brent crude oil prices are well placed to advance further, and that would add to the downward pressure on stock prices, US Treasury bond prices and gold, with USD benefiting.

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

Canadian Dollar Caged in by Inflation Favouring USD on Energy. Where to for USD/CAD?

The Canadian Dollar weakened against the US Dollar as inflation fears triggered yield spikes, creating USD buying. Will USD/CAD lift off, or is it just pausing here?

from DailyFX - Market News https://ift.tt/2Ygsu0h
via IFTTT

Crude Oil Prices Hit 7-Year High, Inventories and ADP Jobs Data Ahead

Crude oil prices rose a to a seven-year high as US ISM and PMI surveys lifted demand prospects even as supply shortages persist. EIA inventories and ADP employment data is up text.

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

Tuesday, 5 October 2021

Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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

New Zealand Dollar Forecast: NZD/USD Eyes Resistance After RBNZ Rate Hike

The New Zealand Dollar is in focus after the Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points - one of the first G10 central banks to tighten policy.

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

AUD/USD Rises as Wall Street Sentiment Warms. RBNZ at Hand for APAC Traders

The Australian Dollar rose overnight after risk assets caught a bid. China is reportedly accepting Australian coal. APAC traders have the RBNZ rate decision in focus today.

from DailyFX - Market News https://ift.tt/3D9NLYw
via IFTTT

ASX 200 May Continue to Gyrate Despite Strong Trade Data, Dovish RBA

The S&P/ASX 200 Index may look for a near-term trend reversal following a surprise trade surplus in August.

from DailyFX - Market News https://ift.tt/3AfRkL9
via IFTTT

EUR/USD Forecast: RSI Buy Signal Takes Shape Ahead of NFP Report

The opening range for October raises the scope for a near-term recovery in EUR/USD as the advance from the first day of the month pulls the RSU out of oversold territory.

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

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Fed speakers sound hawkish, and rates markets have rapidly adjusted to the reality of a taper announcement in November.

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

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

The US Dollar has found support at prior resistance, but are bulls able to put in another forceful move with NFP on the calendar for later this week?

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

NZD/USD Rate Rebound Vulnerable to Dovish RBNZ Rate Hike

The Reserve Bank of New Zealand (RBNZ) interest rate decision may fuel larger recovery in NZD/USD as the central bank is expected to deliver a rate hike.

from DailyFX - Market News https://ift.tt/3a5wlQB
via IFTTT

USD/JPY Jumps on Firm ISM Beat, Eyes on NFP

Better than expected boosts USD and risk appetite. JPY Suffers.

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

USD/ZAR Outlook: SA Rand Vulnerable as EM’s Poised for Hardship

South African rand bulls should be wary of U.S. data and Federal Reserve directives in Q4. Labour data later this week could prove crucial to Fed decision making and may hold the key to the Q4 ZAR ...

from DailyFX - Market News https://ift.tt/3mqq4Vd
via IFTTT

EUR/CHF Line in the Sand, AUD/NZD Turning Point

EUR/CHF approaching SNB Intervention Levels, while RBNZ Kicks Off Hiking Cycle

from DailyFX - Market News https://ift.tt/3aap01Y
via IFTTT

Market Sentiment Webinar: Surging Crude Oil Price Hits Stocks Ahead of NFPs

Trader confidence has taken a battering from fears that higher commodity prices will harm global growth and increase inflation, leading to lower stock prices and demand for safe havens like USD.

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