Facebook Parent Meta Q4 Earnings Results – Stock Sinks 20% After Hours

Meta, Facebook's parent company, reported fourth-quarter earnings and weak guidance after the closing bell, sending share prices sharply lower in after-hours trading.

from DailyFX - Market News https://ift.tt/132T4uFEh
via IFTTT

New Zealand Dollar Forecast: NZD/USD Rebound Eyes Former Support Zone

The recent rebound in NZD/USD may turn out to be a correction in the broader trend if the former support zone around the December low (0.6701) acts as resistance.

from DailyFX - Market News https://ift.tt/j4idH5KSl
via IFTTT

10 Trading Mistakes to Avoid in Forex Trading

Human error in the FX market is common and can lead to common trading mistakes. See the top 10.

from DailyFX - Market News https://ift.tt/AvyYlt8Ub
via IFTTT

USD/CAD Post-Fed Rally Unravels amid Failed Test of January High

USD/CAD may continue to depreciate over the coming days as the exchange rate reverses course ahead of the January high (1.2814).

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

British Pound Price Analysis: GBP/USD Lacks Momentum Prior to BoE

The British Pound (GBP) has edged slightly higher as investors await the BoE and other major risk events

from DailyFX - Market News https://ift.tt/XeQmYA9PM
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/HFwBEfMJ9
via IFTTT

British Pound Boosted by Soft US Dollar. Will GBP/USD Rally into BoE This Week?

The British Pound holds the high ground against the US Dollar in anticipation of a hawkish Bank of England on Thursday. What will a hike mean for GBP/USD?

from DailyFX - Market News https://ift.tt/Q41MvxJVh
via IFTTT

Gold Price Forecast: XAU Faces Conflicting Fundamentals as Jobs Report Nears

Gold prices ended January with a whimper after a promising break above key resistance. Bullion faces conflicting fundamental drivers, but Friday's US non-farm payrolls report may offer direction.

from DailyFX - Market News https://ift.tt/Zfh9MQ1tF
via IFTTT

The Australian Dollar went lower immediately after the RBA left the cash rate target at 0.10% and abolished weekly asset purchases. Where to for AUDUSD

The Australian Dollar went lower immediately after the RBA left the cash rate target at 0.10% and abolished weekly asset purchases. Where to for AUD/USD?

from DailyFX - Market News https://ift.tt/q5Yc7Athb
via IFTTT

Bitcoin Set to Rebound on Improved Sentiment, But Bear Flag Warrants Caution

BTC/USD fell for a third month in January, but improving market sentiment may offer a rallying point for bulls to go on the offense. Today's RBA policy decision is likely to play into broader marke...

from DailyFX - Market News https://ift.tt/ftKXQEd9O
via IFTTT

USD/JPY Rate Reverses Ahead of January High with NFP Report on Tap

USD/JPY may face a larger pullback ahead of the US Non-Farm Payrolls (NFP) report as it appears to have reversed course ahead of the January high (116.32).

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

EUR/USD Price Outlook: Euro Attempts Recovery, GDP Meets Expectations

Euro attempting to retrace recent pullback. GDP fails to move the Euro with focus on this week’s ECB meeting

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

AUD/USD Bouncing Off Support as RBA Policy Decision Looms Into View

Australian dollar traders are gearing up for some additional volatility in the weeks ahead as the RBA gets set to announce its latest monetary policy decision tomorrow.

from DailyFX - Market News https://ift.tt/78BVDnqJf
via IFTTT

Euro Jumps Ahead of EU GDP and German CPI as US Dollar Pauses. Where to for EUR/USD?

The Euro found some support today as the US Dollar paused, with growing geopolitical concerns boosting energy commodities. Will EUR/USD make new lows?

from DailyFX - Market News https://ift.tt/w9dWFBylX
via IFTTT

Gold Prices Extend Lower Amid Hawkish Fed, Geopolitical Tensions

Gold prices extended a 4-day losing streak as traders mulled a steeper curve for the Fed’s rate hike trajectory and a strong US Dollar. Russia-Ukraine tensions may cushion its downside however.

from DailyFX - Market News https://ift.tt/D872PMOCx
via IFTTT

Crude Oil Soars to New Heights Despite a Strong US Dollar. Where To For WTI?

Crude oil has continued its run upward as a perfect storm of geopolitical tensions, supply concerns and technical hedging pushes prices up. Will WTI go higher?

from DailyFX - Market News https://ift.tt/RAz6mgn3V
via IFTTT

S&P 500 Rebound May Lead Nikkei 225 Higher, Hong Kong Trading Half-Day

US stocks rallied on Friday as Apple’s stellar results boosted market sentiment. The nonfarm payrolls report and a slew of tech earnings will be in focus this week. Chinese markets will be shut for...

from DailyFX - Market News https://ift.tt/cCo5qh7DY
via IFTTT

AUD/USD Cautiously Higher After China Manufacturing PMI. RBA Inbound

AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow's Reserve Bank of Australia (RBA) policy decision.

from DailyFX - Market News https://ift.tt/6wLmurUOW
via IFTTT

Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, AUD/USD, EUR/USD, GBP/USD

The Dow Jones and S&P 500 recovered during a wild trading week. Will the US Dollar continue its rise and is gold at risk ahead of NFPs? All eyes are on the RBA, ECB and BoE. Earnings from Amazon an...

from DailyFX - Market News https://ift.tt/npzuaU85c
via IFTTT

S&P 500 Forecast for the Week Ahead

Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.

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