All Market Live

Tuesday, 4 October 2022

Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?

Crude oil continues to nudge higher in anticipation of flagged OPEC+ production cuts and the positive mood for markets more broadly. If supply is constrained will WTI go higher?

from DailyFX - Market News https://ift.tt/wZXjcr7
via IFTTT

New Zealand Dollar Surges Against US Dollar, Australian Dollar After RBNZ Delivers 50-Basis Point Rate Hike

The New Zealand Dollar rose in immediate reaction to the Reserve Bank of New Zealand hiking its official cash rate (OCR) by 50-basis points, as expected.

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

Gold Price Climbs Above 50-Day SMA to Approach September High

The price of gold is on the cusp of testing the September high ($1735) as it trades above the 50-Day SMA ($1724).

from DailyFX - Market News https://ift.tt/nk9xul1
via IFTTT

APAC Markets Eye RBNZ as AUD Struggles Despite a Softer US Dollar

The Australian Dollar is struggling despite a risk-on tone across markets ahead of today’s rate decision from the Reserve Bank of New Zealand. Elsewhere, oil prices are climbing as OPEC meets.

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

USD/CAD Rate Pulls Back to Generate RSI Sell Signal

USD/CAD may face a larger pullback over the coming days as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.

from DailyFX - Market News https://ift.tt/68yfj9T
via IFTTT

Monday, 3 October 2022

Gold Prices May Rise Short-Term After Soft US ISM Data Crushed the US Dollar

Gold prices rallied the most in months after soft US ISM Manufacturing PMI cooled Fed rate hike bets. A softer US Dollar may support XAU/USD in the near term. What about beyond?

from DailyFX - Market News https://ift.tt/I9MyDGv
via IFTTT

Bitcoin Aims at 20,000 After Risk-On Move Weighs on US Dollar

Bitcoin prices are targeting the 20,000 psychological level after an overnight risk-on move that weighed on the US Dollar and supported equity indexes. That move may extendi into today’s APAC trading.

from DailyFX - Market News https://ift.tt/y8kimjJ
via IFTTT

AUD/USD Rate Vulnerable to Dovish RBA Rate Hike

The Reserve Bank of Australia (RBA) interest rate decision may do little to shore up AUD/USD as the central bank shows little interest in carrying out a restrictive policy.

from DailyFX - Market News https://ift.tt/K7EoHUn
via IFTTT

Market Recap: US Equity Indices Bounce to Begin Q4

Major U.S. stock indices rally as US Treasury yields and USD fall after a weaker-than-expected PMI figure suggests that rising interest rates have cooled demand for goods

from DailyFX - Market News https://ift.tt/rlJ30wV
via IFTTT

FX Week Ahead - Top 5 Events: RBA Rate Decision; RBNZ Rate Decision; US ISM Services; Canada Jobs Report; US NFP

The middle of September has inflation data and labor markets in focus.

from DailyFX - Market News https://ift.tt/zT0xZ35
via IFTTT

Gold Performance in Midterm Election Years – There’s a Bigger Trend Elsewhere

Any direct connection between gold prices and midterm elections may be spurious, at best.

from DailyFX - Market News https://ift.tt/J4xpv6Z
via IFTTT

British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?

Sterling rose on Monday as the market cautiously welcomed the UK government's decision to scrap a tax cut plan that would have weakened the country's fiscal accounts.

from DailyFX - Market News https://ift.tt/5LIpWFm
via IFTTT

S&P 500 Surges to Start Q4 –Do You Tail or Will it Fail?

Equities roar to life following a tough Q3 and poor end to September.

from DailyFX - Market News https://ift.tt/1RDVbNF
via IFTTT

How to Control Greed When Trading

Greed can turn good trades into bad ones and bad trades into worse trades. Learn how to manage it.

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

Euro Price Forecast: EUR/USD Rally Looks Short-lived, Key Resistance Being Tested After Dismal PMI’s

EUR/USD has found some support this Monday as markets await U.S. PMI data for further directional guidance.

from DailyFX - Market News https://ift.tt/9s658GJ
via IFTTT

7 Step Trading Checklist Before Entering Any Trade

A checklist is a vital part of the trading process; helping traders to be disciplined and confident.

from DailyFX - Market News https://ift.tt/9ZlheXp
via IFTTT

Sterling Latest: Kwarteng Announces Tax Cut U-Turn, GBP Turns Higher

Chancellor Kwasi Kwarteng announced a U-turn of his controversial tax cut for the UK’s highest earners this morning at the Tory party conference. GBP lifted

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