Markets Week Ahead: Dow Jones, Nasdaq 100, Canadian Dollar, BoC, AUD/USD, NZD/USD

The Dow Jones fell as the Nasdaq 100 rose in a tech-fueled rally last week. Ahead, the Canadian Dollar is eyeing the BoC, with AUD/USD and NZD/USD facing inflation data.

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Euro Weekly Outlook: ECB vs Fed Continues Next Week, EUR/USD Seeks Breakout

EUR/USD has been on a one-way street but may be in for a change in fortunes with key U.S. data and ECB speakers programmed throughout the week.

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What Leads Dollar and S&P 500 to Stop Flirting With Volatility and Break Congestion?

A week of potential that never come to fruition has come to a close. Risk assets led by the S&P 500 broke off from the immediate pressure of a full bullish reversal while the prevailing winds of a Dollar breakdown died down on the other side of key technical progress. With more serious event risk ahead, can volatility turn into trend?

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Bitcoin (BTC) Flirts with $21000 While ETH/USD Dips Below $1600.

Bitcoin and Ethereum have snapped back after two-weeks of gains pushing BTC and ETH to key psychological levels of support and resistance.

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Crude Oil Holds Gains On Hopes For China Demand Rebound

Crude Oil prices have shrugged off news of a large US stock build as the market remains China focused

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Euro (EUR/USD) Latest – The Bullish Trend Remains in Place as the ECB Talks Tough

ECB President Christine Lagarde recently said that the financial markets are underpricing future interest rate hikes, but are the markets listening?

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XAU/USD Forecast: Gold Elevated as Markets Continue to Dismiss Fed Guidance

Gold prices could be in for a pullback should markets underestimate the Fed after what has been a positive year thus far for XAU/USD.

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GBP/USD Forecast: Dismal December Retail Sales Leads Cable Lower

Cable has enjoyed a decent run to the upside, fueled by dollar weakness. December strikes take a toll on retail sales data, leading GBP/USD lower in early London trading

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Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery

Netflix was the first of the FAANG members and non-blue chip tech companies to report its earnings afterhours Thursday. The streaming media company reported a significant miss on earnings per share (EPS) but the increase in paid membership seemed to soften the blow.

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Gold Price Outlook: XAU/USD Bounces Back, Rising Above $1,900

Gold prices have rebounded above $1,900 after a slight pullback drove XAU/USD below the key psychological level providing support and resistance for the precious metal.

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US Equities Sell-off: SPX, Nasdaq and Dow Hint at a Lower Open

The Dow led the drop in US stocks after dismal retail sales data and a stern reminder from the Fed’s Bullard that recent price declines won’t distract the committee

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GBPUSD Slips But Remains Well Bid On Interest Rate Bets

A lack of UK economic news has seen the Pound retreat a little, but it remains well supported close to six-month highs

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US Dollar (DXY) Latest: Weak Rebound off the Multi-Month Low, Slowdown Fears Grow

The US dollar’s latest attempt to push higher has been met with apathy and with US Treasury yields falling further, the path of least resistance for the greenback looks lower.

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EUR/USD Forecast: Upcoming ECB Minutes to Augment Hawkish Bets?

EUR/USD remains elevated ahead of key ECB releases. How much further can the euro go?

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New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets

The sentiment-linked New Zealand Dollar looked past NZ Prime Minister Jacinda Ardern resigning. Rather, NZD/USD remains focused on wobbly markets after US data spooked traders.

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S&P 500 Reversal Packs More Global Punch Than USDJPY’s Drama

The fallout from the Bank of Japan’s ‘status quo’ monetary policy decision was top spot for macro traders, but the later reversal from the S&P 500 and other risk assets will carry more consequence. Have the bulls capitulated and why did the Dollar recover despite a further slip in rate expectations?

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US Dollar (DXY) Remains Under Pressure Ahead of Important US Data

The US dollar trades just above a multi-month support level and with important US retail sales and PPI on deck, this zone may come under pressure.

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Gold Update: XAU/USD Eyes U.S. Economic Data for Guidance

Gold received support today from a weaker US dollar as markets keenly await U.S. PPI and retail sales figures for December. XAU/USD holding above $1900 for now.

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EU Announces Support for Green Investment at Davos, EUR/USD Higher

EU delegates announced a response to the US Inflation Reduction Act to keep firms from heading abroad. Quieter calendar points to EUR/USD trend continuation

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Crude Oil Testing Multi-Week Resistance on Positive Chinese Outlook

Oil rallies into an old level of resistance and looks set to press higher after this week’s positive Chinese growth data fuels sentiment.

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