Monday, 15 November 2021

Euro Forecast: Risks Remain Lower for EUR/USD, Covid Surge Adds to Weakness

Rising risks for the Euro on wider bond spreads and surge in Covid cases. Euro bears looking for low 1.13s.

from DailyFX - Market News https://ift.tt/3ChQGO3
via IFTTT

How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

from DailyFX - Market News https://ift.tt/3nL6t1y
via IFTTT

DXY Dollar Index Slips on Treasury Yield Dip and Mixed Data in Asia. Can USD Get a Grip?

The US Dollar gave up some ground today but remains at elevated levels. Will Treasury yields pick-up again to boost USD and keep the ascending trend intact?

from DailyFX - Market News https://ift.tt/3kEMK4a
via IFTTT

Sunday, 14 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.

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

Australian Dollar Eyes Chinese Economic Data, Will AUD/USD React

AUD/USD is in focus as investors keep an eye out for Chinese economic data that will shed light on China's slowing economic recovery. Meanwhile, Japanese GDP crossed the wires this morning.

from DailyFX - Market News https://ift.tt/3DgX2Pb
via IFTTT

Weekly Fundamental Gold Price Forecast: Real Yields to Determine Next Move

Rising inflation expectations and falling long-end bond yields have given a new shine to gold prices.

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

Luckbox Leans In With Stephanie Kelton

Stephanie Kelton is a rarity among scholars of economics. Instead of confining her ideas to a college lecture hall, she’s moved onto the world stage.

from DailyFX - Market News https://ift.tt/30tA7Sv
via IFTTT

Markets Week Ahead: Nasdaq 100, US Dollar, EUR/USD, GBP/USD, USD/CAD, CPI Data

Volatility re-entered Wall Street amid inflationary woes, sending the Nasdaq 100 lower. Risk aversion boosted the US Dollar and gold prices gained. Other parts of the world will release CPI data. E...

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

Dow Jones, S&P 500, Nasdaq 100 Forecasts for the Week Ahead: Inflation Hedges?

The Dow Jones, S&P 500 and Nasdaq 100 turn to Fedspeak as inflation fears brought volatility to stocks this past week. Still, the bull market remains intact amid underlying fundamentals.

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

Saturday, 13 November 2021

Japanese Yen Fundamental Forecast: USD/JPY Eyes Further Upside on Japan GDP

The Japanese Yen may continue weakening versus the US Dollar if Japan reports a worse-than-expected GDP growth figure. Will USD/JPY remain on the path higher?

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

Euro Forecast: EUR/USD May Fall Further in Week Ahead, 1.14 Likely

The drop in EUR/USD last Wednesday was significant, taking the pair below 1.15 to its lowest level since July 21 last year. That has opened the way for further losses, to 1.14 and beyond.

from DailyFX - Market News https://ift.tt/3naOow2
via IFTTT

US Dollar Forecast: USD Rally to Persist on Upbeat Retail Sales Report

The US Retail Sales report may generate a bullish reaction in the Dollar as the update is expected to show a pickup in household spending.

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

Friday, 12 November 2021

Bitcoin (BTC), Ethereum (ETH) Drift off All-Time Highs, Outlook is Still Bright

After printing all-time highs at the start of the week, BTC and ETH have given back most of this week's gains but the longer-term technical outlook remains positive.

from DailyFX - Market News https://ift.tt/3C69OyA
via IFTTT

Australian Dollar Outlook: US Dollar, Treasuries, Commodities. Where to for AUD/USD?

The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?

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

GBP Forecast: GBP/USD Plummets to Fresh 2021 Lows, Consolidation Ahead

FX markets pay attention to blowout US CPI, causing USD to rip higher. However, major USD pairs appear overextended at current levels.

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

US Consumer Confidence Drops to Lowest Level in a Decade, Pulling Dollar From Highs

The headline print is the lowest level in a decade with the UofM reporting that higher inflation was weighing on Americans.

from DailyFX - Market News https://ift.tt/3HjsEG8
via IFTTT

Brent Crude (LCOc1), S&P 500 INDEX (SPX) & GBP/USD – FinTwit Trends to Watch

Fintwit has been relatively quite this week but key themes still hold sway within financial markets. Brent crude, SPX and GBP/USD all turned lower this week but is this just temporary respite?

from DailyFX - Market News https://ift.tt/3D5YZxL
via IFTTT

Luckbox Leans in with Annie Duke

Annie Duke on trading, bet-sizing, prospect theory, outcome bias and quitting.

from DailyFX - Market News https://ift.tt/3C48GeQ
via IFTTT

Bitcoin (BTC/USD) Correction or Reversal as Prices Fall From ATH?

Bitcoin prices retreat from the recent high as a stronger Dollar, rising yields and COP26 drives sentiment.

from DailyFX - Market News https://ift.tt/3qwN2h3
via IFTTT

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

from DailyFX - Market News https://ift.tt/3F6WGv1
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...