NZD/USD Fails to Test October High Ahead of NZ Employment Report

Fresh data prints coming out of New Zealand may keep NZD/USD under pressure as job growth is expected to slowdown in the third quarter of 2021.

from DailyFX - Market News https://ift.tt/3q3Efmz
via IFTTT

Bullish Signal for EUR/GBP as Short Positions Jump: Market Sentiment Webinar

IG client sentiment data are sending out a bullish signal for EUR/GBP as the markets wait for this week’s Federal Reserve and Bank of England monetary policy decisions, followed by US non-farm payr...

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

Ethereum (ETH) Prints Another All-Time High as Alt-Coins Gain Traction

Ethereum (ETH) continues to post fresh highs and this looks likely to continue in the weeks ahead.

from DailyFX - Market News https://ift.tt/3bvcL0O
via IFTTT

ZAR Update: USD/ZAR Stabilizes as Local Election Results Become Clearer

This evening should see around 90% of all votes accounted for as the Rand attempts to stem losses. NFP and FOMC, main event-risk drivers

from DailyFX - Market News https://ift.tt/3Cyr7cB
via IFTTT

DAX 40, S&P 500 Technical Update: Q4 Forecast Playing Out Nicely

Strong earnings and positive sentiment aid equities higher

from DailyFX - Market News https://ift.tt/3EzJE8Y
via IFTTT

EUR/CHF Deeply Oversold, EUR/GBP Facing Post-Brexit Row

SNB taking notice of EUR/CHF decline, EUR/GBP edging higher as UK/France tensions remain

from DailyFX - Market News https://ift.tt/3jXUPR6
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Falling Ahead of BoE, Fed Meetings

GBP/USD is looking weak ahead of tomorrow’s monetary policy decision by the US Federal Reserve and Thursday’s policy announcement by the Bank of England.

from DailyFX - Market News https://ift.tt/3GL75xQ
via IFTTT

4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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

Why COP26 Matters for Markets

Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.

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

Crude Oil Prices at Risk with FOMC, OPEC+ Meetings in the Spotlight

Crude oil prices appear to be losing momentum after a spirited rally brought them to a seven-year high. An FOMC policy announcement and an OPEC+ meeting are in focus.

from DailyFX - Market News https://ift.tt/3EBEs4C
via IFTTT

ASX 200 Drops as RBA Ditches Yield Target Before BoE and the Fed. Where To for Australian Stocks?

The ASX 200 went lower after the RBA abandoned yield curve control and stepped back from giving a timeframe for rate hikes. Will ASX valuations be undermined?

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

Australian Dollar Sinks Despite RBA Scrapping Bond Yield Target, Where to for AUD/USD

The Australian Dollar weakened immediately after the RBA scrapped its April 2024 bond yield target, but kept rate hike bets in check. Can AUD/USD break lower?

from DailyFX - Market News https://ift.tt/3w9gfja
via IFTTT

Nasdaq 100 Gains, ASX 200 Faces RBA Rate Decision as Australian Bond Yields Surge

The Nasdaq 100 gained on Wall Street, setting a rosy tone for Asia Pacific trade. Still, the ASX 200 is facing the RBA rate decision, producing volatility risk after surging bond yields.

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

S&P 500 Scrapes Small Gain, but Russell 2000 Comes Alive and Explodes Higher

The S&P 500 began the week with no clear direction, but the Russell 2000 exploded higher and came within striking distance of its record high amid accelerating rotation into small and mid-caps

from DailyFX - Market News https://ift.tt/3Evw32k
via IFTTT

Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

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

USD/ZAR Outlook: Rand Claims Worst Performing BRICS Currency on Election Day

South African municipal elections have hurt rand bulls today as uncertainty around the ANC's future following grows. U.S. taper talk is being priced into the market which further aggravates rand he...

from DailyFX - Market News https://ift.tt/3BDg80d
via IFTTT

FX Week Ahead - Top 5 Events: BOE, RBA, & Fed Rate Decisions; Canada Jobs; US NFP

Central bank rate decisions and labor market reports define a busy first week of November.

from DailyFX - Market News https://ift.tt/2Y6ET7f
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/2ZJdVCZ
via IFTTT

Canadian Dollar Price Forecast: USD/CAD v/s CAD/JPY for CAD Strength

The Canadian Dollar has been really strong of late and the US Dollar is very much in the spotlight for this week. CAD/JPY remains interesting for bullish CAD approaches.

from DailyFX - Market News https://ift.tt/31mAVZB
via IFTTT