Weekly Fundamental US Dollar Forecast: July Fed Meeting in Focus

Markets are discounting a 75-bps rate hike from the Fed this week. Is that enough for the US Dollar?

from DailyFX - Market News https://ift.tt/824zMek
via IFTTT

Stock Market Weekly Forecast: S&P 500 & DAX 40

Bear market rally running out of steam as US data slows. Fed expected to hike another 75bps.

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

Crude Oil Fundamental Forecast: Demand Destruction Outweighs Supply Concerns

WTI prices have declined rather significantly as recession concerns build despite supply remaining extremely tight. Next week's Fed rate hike could add to that

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

USD/JPY Outlook: Will the Japanese Yen Keep Weakening Against the US Dollar?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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