USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.
from DailyFX - Market News https://ift.tt/s3kujG5
via IFTTT
Saturday, 23 July 2022
Euro (EUR/USD) Forecast – A Week Packed Full of High-Risk Events
EUR/USD is heading towards a week full of important data releases and events, from both sides of the pair, that will whip up volatility further.
from DailyFX - Market News https://ift.tt/A3LdiGw
via IFTTT
from DailyFX - Market News https://ift.tt/A3LdiGw
via IFTTT
Gold Price Forecast: XAU/USD Reversal Might be Premature. Eyes on Fed, GDP and PCE
Gold prices rallied this past week, but markets might be getting ahead of themselves. A hawkish Federal Reserve, US GDP and PCE data could weigh against XAU/USD in the week ahead.
from DailyFX - Market News https://ift.tt/bQUEWYz
via IFTTT
from DailyFX - Market News https://ift.tt/bQUEWYz
via IFTTT
Friday, 22 July 2022
Crypto Forecast: BTC, ETH Lead Rally as ‘Merge’ Date Announced; Risk Event Ahead
Too early to call the Crypto winter over…is the Ethereum ‘Merge’ driving the rally?
from DailyFX - Market News https://ift.tt/fMoz1C8
via IFTTT
from DailyFX - Market News https://ift.tt/fMoz1C8
via IFTTT
AUD/USD Weekly Forecast: Resilient Aussie Buoyed by Commodities Despite PMI Miss, Fed in Focus
A strong close last week sets up AUD/USD for the upcoming data heavy week with focus on the Fed.
from DailyFX - Market News https://ift.tt/rufDTo9
via IFTTT
from DailyFX - Market News https://ift.tt/rufDTo9
via IFTTT
Euro Breaking News: German and EZ PMI’s Touch Contractionary Territory, Parity Resurgence?
EUR/USD bears are back at it this morning in reaction to weak EZ PMI data as markets await U.S. PMI’s later today.
from DailyFX - Market News https://ift.tt/Yz3cpL6
via IFTTT
from DailyFX - Market News https://ift.tt/Yz3cpL6
via IFTTT
Thursday, 21 July 2022
Australian Dollar Q3 2022 Forecast: Fed’s Lost Credibility is Noted by RBA
The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation.
from DailyFX - Market News https://ift.tt/LXbn7Bm
via IFTTT
from DailyFX - Market News https://ift.tt/LXbn7Bm
via IFTTT
Nasdaq 100 Extends Recovery on Wall Street, Will the ASX 200 and Nikkei 225 Follow?
The Nasdaq 100 soared as Wall Street continued recovering, setting the stage for continuation in Asia. Will the ASX 200 and Nikkei 225 push higher to finish off the week?
from DailyFX - Market News https://ift.tt/DYSvcwu
via IFTTT
from DailyFX - Market News https://ift.tt/DYSvcwu
via IFTTT
Bitcoin Prices Stall Despite Weak US Dollar as China Risk Lingers
Bitcoin prices stalled after narrowly rising above resistance despite a softer US Dollar. Meanwhile, China continues to grapple with Covid as Australian PMIs show slower economic growth.
from DailyFX - Market News https://ift.tt/BJ7AX0H
via IFTTT
from DailyFX - Market News https://ift.tt/BJ7AX0H
via IFTTT
Gold Price Recovery Pulls RSI Out of Oversold Territory
Developments surrounding the Relative Strength Index (RSI) point to a larger rebound the price of gold as the oscillator climbs out of oversold territory.
from DailyFX - Market News https://ift.tt/mnhrUqX
via IFTTT
from DailyFX - Market News https://ift.tt/mnhrUqX
via IFTTT
S&P 500, Nasdaq 100 Extend Recovery as Tesla Soars, Energy Stocks Dive on Oil Slump
The S&P 500 and Nasdaq 100 rose for a third straight day on Thursday, posting their best close since early June, although market breadth was not particularly strong, inviting caution.
from DailyFX - Market News https://ift.tt/FxGcIg5
via IFTTT
from DailyFX - Market News https://ift.tt/FxGcIg5
via IFTTT
Wednesday, 20 July 2022
Japanese Yen Gyrates Against USD as BOJ Holds Steady on Ultra-Loose Policy
The Japanese Yen rose against the US Dollar but quickly surrendered gains after the Bank of Japan maintained its ultra-loose policy in place, holding rates negative and keeping its 0.25% 10-year yi...
from DailyFX - Market News https://ift.tt/lesu6bd
via IFTTT
from DailyFX - Market News https://ift.tt/lesu6bd
via IFTTT
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.
from DailyFX - Market News https://ift.tt/MZ160kU
via IFTTT
from DailyFX - Market News https://ift.tt/MZ160kU
via IFTTT
Crude Oil Price Rebound Stalls to Keep Descending Channel Intact
The price of oil may give back the advance from the monthly low ($90.56) as it continues to trade within a descending channel.
from DailyFX - Market News https://ift.tt/Zq2Vleb
via IFTTT
from DailyFX - Market News https://ift.tt/Zq2Vleb
via IFTTT
NZD/USD Muted on Trade Balance as APAC Markets Eye BOJ Decision
The New Zealand Dollar is slightly weaker in early APAC trading after the country's trade balance fell back into deficit. The Bank of Japan's policy decision is set to cross the wires.
from DailyFX - Market News https://ift.tt/O6w5GQV
via IFTTT
from DailyFX - Market News https://ift.tt/O6w5GQV
via IFTTT
Nasdaq 100 Rallies on Upbeat Sentiment, Tesla’s Earnings Top Forecasts. Now What?
The Nasdaq 100 and S&P 500 rise for a second straight day and hit their best levels in nearly six weeks amid improving sentiment and increased appetite for beaten-down tech names.
from DailyFX - Market News https://ift.tt/yfiY5QF
via IFTTT
from DailyFX - Market News https://ift.tt/yfiY5QF
via IFTTT
Tesla Q2 Earnings: TSLA Shares Rise on Rosy Figures, Bitcoin Falls on Sale Announcement
Tesla traded higher after the closing bell on a rosy second-quarter earnings report that beat expectations. Bitcoin prices softened after the electric vehicle company sold 75% of its BTC.
from DailyFX - Market News https://ift.tt/wdNsKt5
via IFTTT
from DailyFX - Market News https://ift.tt/wdNsKt5
via IFTTT
EUR/USD Outlook Hinges on ECB Interest Rate Decision
The European Central Bank (ECB) interest rate decision may drag on EUR/USD if the Governing Council lays out a preset path in normalizing monetary policy.
from DailyFX - Market News https://ift.tt/uyIENkB
via IFTTT
from DailyFX - Market News https://ift.tt/uyIENkB
via IFTTT
Tuesday, 19 July 2022
Crude Oil Prices Poised to Resume Climb After EIA Data
Crude oil prices are moderating after a multi-day rally that was aided by a weaker US Dollar and risk-on flows. Traders are likely sitting on the sidelines ahead of tonight's EIA inventory data.
from DailyFX - Market News https://ift.tt/2xpXB49
via IFTTT
from DailyFX - Market News https://ift.tt/2xpXB49
via IFTTT
Australian Dollar Soars on US Dollar Weakness While RBA Faces Review. Higher AUD/USD?
The Australian Dollar has rallied on improving risk sentiment but the announcement of details of a review into the RBA might cloud rate hikes. Will AUD/USD rally anyway?
from DailyFX - Market News https://ift.tt/B2Cl8v1
via IFTTT
from DailyFX - Market News https://ift.tt/B2Cl8v1
via IFTTT
Subscribe to:
Posts (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....