The Australian Dollar may struggle to hold higher ground as China GDP and industrial production disappointed markets. Retail sales was rosier. Will AUD/USD stay strong?
from DailyFX - Market News https://ift.tt/3lPSDwr
via IFTTT
Sunday, 17 October 2021
US Dollar Outlook: USD/SGD, USD/THB Eye China GDP as USD/IDR Faces Energy Crunch
The US Dollar may be at risk against ASEAN currencies as an energy crunch benefits the Indonesian Rupiah. USD/THB and USD/PHP face loosening Covid restrictions. All eyes on China GDP.
from DailyFX - Market News https://ift.tt/3b1MYgB
via IFTTT
from DailyFX - Market News https://ift.tt/3b1MYgB
via IFTTT
NZD/USD Rises After Q3 Inflation Bolsters RBNZ Rate Hike Outlook
The Kiwi Dollar is moving higher after New Zealand's third-quarter inflation data beat analysts' expectations. China GDP is in focus for APAC traders.
from DailyFX - Market News https://ift.tt/3pbyin3
via IFTTT
from DailyFX - Market News https://ift.tt/3pbyin3
via IFTTT
Markets Week Ahead: Dow Jones, US Dollar, Yen, Crude Oil, Bitcoin Nears Record High, China GDP
The Dow Jones gained as the US Dollar and Japanese Yen weakened. Crude oil continues its ascent amid a global supply crunch. All eyes turn to Chinese GDP data. Bitcoin nears a record high as future...
from DailyFX - Market News https://ift.tt/3p8B4th
via IFTTT
from DailyFX - Market News https://ift.tt/3p8B4th
via IFTTT
Weekly Fundamental Crude Oil Price Forecast: Bullish Outlook, For Now
Despite the ongoing bullish fundamental environment in the near-term, the narrative may soon begin to shift as traders look towards next year.
from DailyFX - Market News https://ift.tt/3FO1XIW
via IFTTT
from DailyFX - Market News https://ift.tt/3FO1XIW
via IFTTT
S&P 500 & Nasdaq 100 Forecast: Netflix & Tesla Earnings to Set the Tone for the Market
Quarterly earnings from Netflix and Tesla, two big tech companies, will take center stage next week and could set the trading tone for the S&P 500 and the Nasdaq 100.
from DailyFX - Market News https://ift.tt/3pbBzTI
via IFTTT
from DailyFX - Market News https://ift.tt/3pbBzTI
via IFTTT
US Dollar Outlook: USD Loses Momentum as Technical Levels Hold Firm
US Dollar loses steam as technical and fundamentals drive price action into critical resistance.
from DailyFX - Market News https://ift.tt/3FU9LZP
via IFTTT
from DailyFX - Market News https://ift.tt/3FU9LZP
via IFTTT
Saturday, 16 October 2021
Euro (EUR) Price Forecast: More Falls Ahead for EUR/GBP, EUR/AUD, EUR/CAD
Relative stability in EUR/USD has masked weakness in the Euro against most other major currencies, and that weakness can be expected to persist in the week ahead and likely for longer.
from DailyFX - Market News https://ift.tt/3AOvBtY
via IFTTT
from DailyFX - Market News https://ift.tt/3AOvBtY
via IFTTT
Gold Fundamental Forecast: Yield Curve Key to Bullion Prices as Q3 China GDP Nears
Gold prices moved higher last week, but an upbeat US retail sales report underpinned Treasury yields on Friday, which weighed on bullion. Chinese Q3 GDP is in focus for XAU traders.
from DailyFX - Market News https://ift.tt/3mY6BM4
via IFTTT
from DailyFX - Market News https://ift.tt/3mY6BM4
via IFTTT
US Dollar Outlook: USD Upside Stalling, Risk of Larger Setback
US Dollar losing its appear demand picks up for major counterparts. Risk of larger setback as risk appetite stabilises.
from DailyFX - Market News https://ift.tt/3ATTksU
via IFTTT
from DailyFX - Market News https://ift.tt/3ATTksU
via IFTTT
Bitcoin (BTC/USD) Surges Back to Multi-Month Highs on Renewed ETF Chatter
Bitcoin broke above $60k earlier in the session to a fresh multi-month high on the renewed expectation that the SEC will approve a futures-based Bitcoin ETF very soon.
from DailyFX - Market News https://ift.tt/3aLRbop
via IFTTT
from DailyFX - Market News https://ift.tt/3aLRbop
via IFTTT
Friday, 15 October 2021
Australian Dollar Outlook: AUD/USD Back on the Offensive as Covid Restrictions Ease
The Australian Dollar is seemingly back on the offensive as lockdowns ease in Sydney and Melbourne. Improving sentiment may allow AUD/USD to capitalize on rising equities and commodity prices.
from DailyFX - Market News https://ift.tt/3p6ocny
via IFTTT
from DailyFX - Market News https://ift.tt/3p6ocny
via IFTTT
GBP/USD Rate Rally Susceptible to Slowdown in UK CPI
The update to the UK Consumer Price Index (CPI) may undermine the recent rally in GBP/USD as the report is anticipated to show a slowdown in the core rate of inflation.
from DailyFX - Market News https://ift.tt/3AIBEQF
via IFTTT
from DailyFX - Market News https://ift.tt/3AIBEQF
via IFTTT
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar has pulled back to test support at prior resistance, and next week sees a heavy focus on inflation numbers outside of the states as rates continue to drive market flows.
from DailyFX - Market News https://ift.tt/2YQ92YH
via IFTTT
from DailyFX - Market News https://ift.tt/2YQ92YH
via IFTTT
Michigan’s Consumer Sentiment Data Disappoints, DXY Largely Unchanged
The preliminary data for the University of Michigan's consumer confidence survey missed expectations
from DailyFX - Market News https://ift.tt/30w9hc8
via IFTTT
from DailyFX - Market News https://ift.tt/30w9hc8
via IFTTT
China GDP, Bitcoin (BTC) & S&P 500 INDEX (SPX) – FinTwit Trends to Watch
Fintwit is alive this week as Bitcoin hits $60000, U.S. earnings season begins and boosts the S&P 500 index (SPX) while global markets anticipate next week’s China GDP data announcement.
from DailyFX - Market News https://ift.tt/3p4cCcu
via IFTTT
from DailyFX - Market News https://ift.tt/3p4cCcu
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
from DailyFX - Market News https://ift.tt/2RmYxbe
via IFTTT
S&P 500, DAX 40, FTSE 100 Forecasts: Bank Earnings Trigger Risk-on Mood
Investors are setting aside their concerns about stagflation as US earnings kick off with a positive tone
from DailyFX - Market News https://ift.tt/30yD301
via IFTTT
from DailyFX - Market News https://ift.tt/30yD301
via IFTTT
Japanese Yen Capitulates, USD/JPY Soars, Significant GBP/JPY Bullish Break
JPY selling relents across the board with little sign of a reversal.
from DailyFX - Market News https://ift.tt/3DYiY1B
via IFTTT
from DailyFX - Market News https://ift.tt/3DYiY1B
via IFTTT
Stocks at Risk as China-Taiwan Tension Eclipses Xi-Biden Summit
Stock markets may be vulnerable to political volatility as China flexes its military might against Taiwan ahead of the Biden-Xi summit. Will reconciliation yield to rockets?
from DailyFX - Market News https://ift.tt/3aUNDQV
via IFTTT
from DailyFX - Market News https://ift.tt/3aUNDQV
via IFTTT
Subscribe to:
Posts (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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...