US Treasury yields are pushing higher as the Fed says rates need to go higher than previously expected.
from DailyFX - Market News https://ift.tt/2Ph4koT
via IFTTT
Thursday, 3 November 2022
EUR/USD Heads Lower, ECB Can’t Match Fed Firepower
The perception that the US central bank is more willing and able to raise borrowing costs has only sharpened following Wednesday's session.
from DailyFX - Market News https://ift.tt/Us6Yy8Q
via IFTTT
from DailyFX - Market News https://ift.tt/Us6Yy8Q
via IFTTT
Gold Hammered as Fed Chair Powell’s Commentary Sends US Treasury Yields Soaring
Gold is within touching distance of making a fresh two-and-a-half-year low after US Treasury yields jumped following the latest FOMC meeting.
from DailyFX - Market News https://ift.tt/abEovYG
via IFTTT
from DailyFX - Market News https://ift.tt/abEovYG
via IFTTT
USD Forecast: DXY Pushes Upper Bounds of Key Technical Pattern Post-FOMC
The US dollar is trading higher this morning as markets digest the FOMC statement in a hawkish light ahead of tomorrow’s NFP.
from DailyFX - Market News https://ift.tt/pK3Qd2t
via IFTTT
from DailyFX - Market News https://ift.tt/pK3Qd2t
via IFTTT
Wednesday, 2 November 2022
AUD/USD to Track 50-Day SMA amid Failure to Test October High
AUD/USD may track the negative slope in the 50-Day SMA (0.6552) following the failed attempts to test the October high (0.6547).
from DailyFX - Market News https://ift.tt/KWVczQf
via IFTTT
from DailyFX - Market News https://ift.tt/KWVczQf
via IFTTT
FTSE 100 Pressurized by Resistance as the Fed Takes Center Stage
FTSE 100 remains under pressure as investors look for clues on when rate hikes might ease. As UK stocks struggle to gain traction, psychological resistance firms.
from DailyFX - Market News https://ift.tt/ItWFejT
via IFTTT
from DailyFX - Market News https://ift.tt/ItWFejT
via IFTTT
South Africa Top 40 Index (SA40) Wrestles with Resistance Below 62000
South Africa’s major stock index, SA40 continues to move higher despite heightened geopolitical risks and a resilient Dollar. Can the South Africa Top 40 index rise above 62000?
from DailyFX - Market News https://ift.tt/x3Ih7j6
via IFTTT
from DailyFX - Market News https://ift.tt/x3Ih7j6
via IFTTT
EUR/USD Outlook: 0.9850 Support Holds Firm as Markets Await Clarity
The pair has retreated further from parity to retest last week’s trendline break. Will the FOMC meeting give the pair some much needed direction?
from DailyFX - Market News https://ift.tt/4RpEmln
via IFTTT
from DailyFX - Market News https://ift.tt/4RpEmln
via IFTTT
Gold Prices Hold Nascent Uptrend As Markets Look To Fed
The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have lent some support.
from DailyFX - Market News https://ift.tt/Vs9lUa0
via IFTTT
from DailyFX - Market News https://ift.tt/Vs9lUa0
via IFTTT
The US Dollar (USD) is Primed For Action with November’s Fed Decision Imminent
This week’s big event, the latest Federal Reserve rate decision, is upon us and the US dollar is prepared for a move.
from DailyFX - Market News https://ift.tt/hM3kTyt
via IFTTT
from DailyFX - Market News https://ift.tt/hM3kTyt
via IFTTT
Crude Oil Forecast: Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC
Brent crude oil pushed higher after several fundamental catalysts provided upside support ahead of FOMC later this evening.
from DailyFX - Market News https://ift.tt/1FAjubY
via IFTTT
from DailyFX - Market News https://ift.tt/1FAjubY
via IFTTT
Tuesday, 1 November 2022
FOMC Strategy Amid a Strong S&P 500 Rebound and Buoyant Dollar
We are heading into this week’s top event risk: the FOMC rate decision. The market consensus is for a fourth consecutive, 75 basis point rate hike; but that exceptional extension of a historical hawkish charge is likely baked in. So what should we focus on for this key event and what markets are most exposed?
from DailyFX - Market News https://ift.tt/QYp1A73
via IFTTT
from DailyFX - Market News https://ift.tt/QYp1A73
via IFTTT
New Zealand Dollar May Rise Against USD and AUD After NZ Job Numbers Impress
The New Zealand Dollar may rise against the US Dollar and Australian Dollar after the island nation’s third-quarter employment numbers beat estimates, underpinning RBNZ rate hike bets.
from DailyFX - Market News https://ift.tt/rlCQx8B
via IFTTT
from DailyFX - Market News https://ift.tt/rlCQx8B
via IFTTT
S&P 500 Extends Losses as Yields Charge Higher ahead of key Fed Decision. Now What?
US stocks erased strong morning gains and finished lower after better-than-expected US economic data triggered a jump in yields ahead of the Fed's monetary policy decision on Wednesday.
from DailyFX - Market News https://ift.tt/2BCdSGc
via IFTTT
from DailyFX - Market News https://ift.tt/2BCdSGc
via IFTTT
British Pound News: GBP Dictated by USD Ahead of FOMC
GBP/USD remains planted around the 1.15 level while markets keenly await FOMC and BoE rate decisions.
from DailyFX - Market News https://ift.tt/Ab7qSjO
via IFTTT
from DailyFX - Market News https://ift.tt/Ab7qSjO
via IFTTT
Monday, 31 October 2022
The US Dollar Eased as Treasury Yields Slipped and Risk Appetite Picked Up
The US Dollar has given up some ground so far today with a slide in Treasury yields and PMI data providing some relief for equity bulls. Will the US Dollar reclaim new highs?
from DailyFX - Market News https://ift.tt/u6pAQaN
via IFTTT
from DailyFX - Market News https://ift.tt/u6pAQaN
via IFTTT
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is climbing after completing a double top formation last week, and focus shifts to the Fed's Wednesday rate decision as markets try to see what's around the next corner.
from DailyFX - Market News https://ift.tt/TSGr6cw
via IFTTT
from DailyFX - Market News https://ift.tt/TSGr6cw
via IFTTT
XAU/USD Faces Renewed Selling Pressure as FOMC Beckons
Spot gold recorded its seventh consecutive month of losses. Can we stave off a drop below $1600?
from DailyFX - Market News https://ift.tt/THDOVeQ
via IFTTT
from DailyFX - Market News https://ift.tt/THDOVeQ
via IFTTT
Euro Breaking News: Stagflation Recurs With Contracting EZ GDP & Record Core CPI
EUR/USD remains conflicted as declining economic growth couples with rampant inflation to further thwart matters for the ECB.
from DailyFX - Market News https://ift.tt/2yfqY1j
via IFTTT
from DailyFX - Market News https://ift.tt/2yfqY1j
via IFTTT
The Russell 2000 Index Explained for Traders
Read our article to learn more about the Russell 2000 Index
from DailyFX - Market News https://ift.tt/AOo16cD
via IFTTT
from DailyFX - Market News https://ift.tt/AOo16cD
via IFTTT
Subscribe to:
Comments (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....