Friday, 12 November 2021

Australian Dollar Sinks on US Dollar Gains as CPI Fall Oout Continues. Where To From Here?

The Australian Dollar remains under pressure as USD gains ground on higher yields and weak domestic data is digested. Will AUD/USD push lower?

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Gold Price Surge Signals Markets Fear Fed Lagging on Inflation

Gold prices have jumped to a five-month high, warning that markets still fear runaway inflation despite a hawkish shift in Fed policy bets and a stronger US Dollar.

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Thursday, 11 November 2021

Crude Oil Price Volatility Ahead of US-Iran Nuclear Deal Talks

Crude oil prices are at risk of elevated volatility ahead of US-Iran talks. Reconciliation may be a political relief, but a downside risk for petroleum markets.

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Will US-China Tensions Spur a Hong Kong IPO Wave? Introducing the Hang Seng Tech Index

The Hang Seng Tech Index (HSTECH) – dubbed“ Hong Kong’s Nasdaq” by market-watchers – represents China’s fast growing ‘new economy’.

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NZD/USD Gyrates at Support as Economic Strength Bolsters RBNZ Rate Hike Bets

NZD/USD clings to support after Greenback strength pushed the pair lower. However, the Kiwi economy continues to recover, evidenced by today's business PMI print. That is bolstering RBNZ rate hike ...

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S&P 500 Ekes Out Small Gain to Rebound from Wednesday’s Decline, Consumer Sentiment Data Eyed

The S&P 500 gained just 0.06% on Thursday as markets sought to rebound from Wednesday's abrupt decline.

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Market pricing for the BOC and RBA has been dragged forward in recent weeks, while the outlook for the RBNZ is extremely aggressive.

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NZD/USD Remains Vulnerable Amid Failure to Defend November Opening Range

NZD/USD may continue to depreciation over the coming days as the exchange rate fails to defend the opening range for November.

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USD/MXN Jumps as Bank of Mexico Hikes Rates by 25 Basis Points

USD/MXN jumped higher in immediate trade following the Bank of Mexico's decision to raise rates by 0.25%.

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4 Effective Trading Indicators Every Trader Should Know

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

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

The US Dollar exploded to a fresh yearly high yesterday but now the USD is quite stretched. Which pairs are befitting of pullback potential?

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Oil Price Susceptible to Larger Pullback on Failed Test of October High

Failure to test the October high ($85.41) may generate a larger pullback in the price of oil as it struggles to retain the advance from the November low ($78.25).

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DailyFX Analyst Tammy Da Costa on Her Day Trading Career

For women, starting a career in finance can be difficult. Yet due to changing economic and social trends, more opportunities in trading, investing and finance are becoming available. We sat down wi...

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US Dollar Strength Leaves Sterling And the Euro In Its Slipstream

The latest US inflation data show price pressures in America hitting a three-decade high, reinvigorating an already strong US dollar.

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Article 16: Why Triggering it Risks an All Out UK-EU Trade War

Tensions rise between the UK and EU over the Northern Ireland protocol. Failure in talks raises risk of the UK triggering Article 16

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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.

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British Pound (GBP) Price Outlook: GBP/USD Sliding Towards Support as UK GDP Disappoints

GBP/USD is weakening towards trendline support after a largely weak set of UK GDP figures and as the US Dollar is boosted by news of the highest US inflation rate in 30 years.

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Japanese Yen Tanks Against a Roaring US Dollar Post CPI. Will Yen Resume Weakening?

The Japanese Yen took a double hit with the US Dollar strengthening and G-10 yields marching higher after a wild US CPI number. Can USD/JPY make new high?

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Wednesday, 10 November 2021

The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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Crude Oil Prices Wobbled With Wall Street on Inflation Story, Will WTI Extend Drop?

Crude oil prices fell as volatility rocked Wall Street after stronger-than-expected CPI data and a 30-year Treasury auction. Retail positioning hints that prices may decline next.

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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...