Wednesday, 9 February 2022

Stock Market Earnings – Disney and Uber Rise on Upbeat Corporate Results

Disney and Uber reported quarterly corporate earnings results after the closing bell on Wednesday, impressing investors enough to push prices higher in after-hours trading.

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EUR/USD Rate Susceptible to Larger Pullback on Another Rise in US CPI

Fresh developments coming out of the US may influence EUR/USD as inflation is expected to increase for the fifth consecutive month.

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USD/JPY Loses Steam Ahead of US CPI, Key Levels to Watch

The Japanese Yen remains under pressure against the US Dollar as investors await the US CPI print. Rising yields and a more aggressive Fed support the greenback.

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Tuesday, 8 February 2022

Dow Jones Advance Sets a Positive Tone for APAC Stocks Amid Recovery Hopes

Wall Street stocks rebounded on Tuesday amid hopes that a strong economic recovery is underway. Crude oil prices fell on Iran nuclear talks. Asia-Pacific markets look set to open higher following a...

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Lyft Stock Sinks as Chipotle Gains in Post-Market Trade on Fourth-Quarter Earnings

Lyft shares sank after the closing bell on a mixed earnings report from the rideshare company. Chipotle saw upside movement after the company reported success in raising the price for menu items.

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Australian Dollar Forecast: AUD/USD on Cusp of Opening Range Breakout

AUD/USD may stage a larger recovery over the coming days if the exchange rate manages to clear the opening range for February.

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

Rate hikes are coming – a matter of when, not if.

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BTC/USD Price Setup – Bitcoin Bulls Run into Resistance at $44,000

Bitcoin prices benefited from a shift in risk appetite but geopolitical tensions and US CPI data may provide an additional catalyst for price action.

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USD/CAD Rate Defends February Opening Range Ahead of US CPI Report

The update to the US Consumer Price Index (CPI) may influence the near-term outlook for USD/CAD as inflation is expected to increase for the fifth consecutive month.

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Top 8 Forex Trading Strategies and their Pros and Cons

Compare the pros and cons of different forex strategies, from day trading to position trading.

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Monday, 7 February 2022

Gold Price Forecast: XAU Shines Amid Volatility Despite Surging Yields – CPI in Focus

Gold prices are on the move higher, adding to last week's strength, amid volatility in the US equity market. That volatility may increase if this week's CPI print firms up already lofty Fed rate hi...

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S&P 500 Retreats as Bullish Sentiment Fades Ahead of Key US Inflation Data

The S&P 500 bounced between gains and losses for most of the day, but selling pressure accelerated in late trading, pushing the index below the 4,500 level amid fading buying interest.

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USD/JPY Post-NFP Rally Stalls Ahead of US Inflation Report

USD/JPY may consolidate ahead of the update to the Consumer Price Index (CPI) as the exchange rate tracks the January range.

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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Sunday, 6 February 2022

British Pound Recalibrating After Hawkish Bank Of England Lead. Where To For GBP/USD?

The British Pound is slightly weaker today as a strong US Dollar resumes dominating markets. Is GBP/USD range bound for now?

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Gold Prices Extend Higher as Traders Mull Inflation Against Strong NFP

Gold prices extended higher to above $1,810 despite a much stronger-than-expected US nonfarm payrolls report. Rising wage pressures may have boosted its appeal, defending it against rising rate hik...

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Will the US Dollar Rise on CPI? USD/IDR and USD/THB Eye Indonesia, Thailand Rate Decisions

The US Dollar fell against its ASEAN counterparts last week. However, a strong US jobs report and incoming CPI data may rekindle buying pressure. Central banks from Indonesia and Thailand are on tap.

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S&P 500 Climbs on Strong Nonfarm Payrolls, APAC to Open Mixed

Wall Street stocks rebounded on Friday after Amazon’s strong results revitalized investor confidence. The nonfarm payrolls number far exceeded market expectations, underscoring a strong economic re...

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AUD/USD Steadies After NFP Triggers Drop as Traders Eye China PMI

AUD/USD is slightly higher in early Asia-Pacific trade as markets eye Chinese PMI data. A light week ahead on the economic docket may leave prevailing risk trends intact.

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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...