Bitcoin (BTC), Ethereum (ETH) Grind Lower as Grayscale Adds to Fears

Bitcoin and Ethereum have fallen after additional selling pressure drove the two largest digital assets lower. As Grayscale refuses to share proof of reserves, sentiment continues to dwindle.

from DailyFX - Market News https://ift.tt/g8OhWXu
via IFTTT

Is Yen Weakness on the Way Back? USD/JPY, GBP/JPY, EUR/JPY

USD/JPY broke out from an ascending triangle to start the week raising the possibility of a return of Yen-weakness.

from DailyFX - Market News https://ift.tt/EN7Osv0
via IFTTT

US Dollar (DXY) Opens the Week on a Positive Note

The US dollar is getting a risk-off push as a range of drivers see investors return to the safety of the greenback.

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

S&P 500 Price Outlook: US Stocks Consolidate Around Key Level of Support

The S&P 500 consolidates above a key level of support ahead of the open. Will reports of additional Chinese lockdowns set the tone for the week ahead?

from DailyFX - Market News https://ift.tt/zvFUV9m
via IFTTT

EUR/USD Update: German PPI Surprise Fails to Arrest Slide as Risk-Off Mood Returns

The pair continues its decline with the macroeconomic outlook supporting lower prices. Is parity in danger once more?

from DailyFX - Market News https://ift.tt/kfrp78M
via IFTTT

Gold Price Forecast: XAU/USD Extends Drawback Ahead of FOMC

Gold prices have continued to fall leaving XAU/USD trading below 1750, while markets look ahead to Wednesdays FOMC minutes.

from DailyFX - Market News https://ift.tt/K6yVPhd
via IFTTT

US Dollar Finds Firmer Footing as Treasury Yields Lift and China Locks Down

The US Dollar resumed ascending to start the week after Treasury yields added a few basis points and global growth woes undermined other currencies. Will the DXY index continue higher?

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

Crude Oil Prices Crushed on Market Imbalances, WTI at Risk as Asia-Pacific Markets Open

Crude oil prices were crushed on Friday as the futures market entered contango. Wall Street risk aversion may set a sour tone for Asia-Pacific markets to start the week.

from DailyFX - Market News https://ift.tt/tET46li
via IFTTT

Markets Week Ahead: Nasdaq 100, S&P 500, Gold, US Dollar, NZD/USD, RBNZ, Thanksgiving

The Nasdaq 100 and S&P 500 fell last week amid hawkish Fedspeak, boosting the US Dollar at the cost of gold and crude oil prices. Ahead, all eyes are on the FOMC minutes and the RBNZ for the NZD/USD amid a holiday-shortened week due to Thanksgiving in the US.

from DailyFX - Market News https://ift.tt/Jbm9uPe
via IFTTT

Dow Jones, Nasdaq 100, S&P 500 Forecast: Thanksgiving Means Illiquidity, But Volatility?

The Dow Jones, Nasdaq 100 and S&P 500 took steps back last week as Fedspeak and retail sales underscored a hawkish central bank. Thanksgiving brings illiquidity, but what about volatility?

from DailyFX - Market News https://ift.tt/0zCpend
via IFTTT

Euro Price Forecast: ECB Ponders QT vs Rate Hikes, EUR/USD Unmoved

Bleak week ahead for the euro as EUR/USD seeks fundamental catalyst, while ECB tug of war continues between doves and hawks.

from DailyFX - Market News https://ift.tt/2tY6Wof
via IFTTT

Australian Dollar Outlook: Caught in the US Dollar Vortex

The Australian Dollar was rag-dolled by US Dollar gyrations last week as data and geopolitics had markets running from pillar to post, second-guessing where the Fed is headed.

from DailyFX - Market News https://ift.tt/XPwuG8S
via IFTTT

Expect S&P 500 and Dollar Volatility to Be Charged by Uneven Liquidity Next Week

The post-CPI swell in volatility seems to have settled and there is a known liquidity drain in the week ahead. While that may go a long way to capping any serious attempts at forging a Dollar or ‘risk’ asset trend, it doesn’t preclude volatility. In fact, it could amplify it.

from DailyFX - Market News https://ift.tt/2r68vuP
via IFTTT

USD Forecast: Fed Speakers Stoking Volatility While DXY Consolidates

The U.S. dollar now looks to fundamental catalysts for short-term directional bias while technical analysis points to a fading bearish move on DXY.

from DailyFX - Market News https://ift.tt/5Znmrf7
via IFTTT

GBP/USD Latest: Sterling Resolute After Fiscal Statement, UK Retail Sales

Cable weathered a volatile session after yesterday’s UK fiscal statement and trades marginally higher after the UK retail figures. Bullish continuation test at 1.2000

from DailyFX - Market News https://ift.tt/ytCS3bT
via IFTTT

Australian Dollar Filleted by Fed Speak as US Dollar Resumes Ascendency

The Australian Dollar came under pressure today after the US Dollar got a boost from Fed speakers reminding markets of their intentions for rates. Will a strong USD send AUD lower?

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

Gold and Crude Oil Prices Sink as US Dollar Rallies, WTI Triangle Breakout in Focus

Gold and crude oil prices fell on Thursday as UK fiscal tightening and US initial jobless claims data soured markets, boosting the US Dollar. What are key levels to watch ahead?

from DailyFX - Market News https://ift.tt/7YRMUna
via IFTTT

USDJPY May Be Building Up to a Break and Fed Warnings May Decide the Direction

Congestion remains the most prevalent chart pattern, but there are still the foundations of volatility flare ups in the open market. The S&P 500 showed how a fundamental spark on a tight trading range can resolve. USDJPY may be in store for similar if market’s take Fed remarks seriously.

from DailyFX - Market News https://ift.tt/jF3tTRr
via IFTTT

S&P 500 Holds Support, Builds Wedge Ahead of OpEx

The S&P 500 continues to operate within prior structure and tomorrow brings monthly options expiration which can spell more volatility.

from DailyFX - Market News https://ift.tt/tGZXb5R
via IFTTT

Gold Remains Vulnerable Below $1800 Key Level and 200-Day MA

Spot gold’s recent rally appears to have run out of steam as markets shift between risk-on and risk-off sentiment. A test of $1800 remains a possibility.

from DailyFX - Market News https://ift.tt/Ab8KBUI
via IFTTT