EUR/USD Susceptible to Further Losses Below the 1.0665 Level

EURUSD trickled lower following the European open with improving German Ifo data unable to entice Euro bulls. Can the FOMC minutes or improving sentiment arrest the slide?

from DailyFX - Market News https://ift.tt/NBqIy7Q
via IFTTT

Japanese Yen Outlook: USD/JPY Probes 135 as BOJ Implements YCC

USD/JPY preps for the upcoming FOMC minutes after a BOJ focused morning.

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

Euro Steadied the Ship Ahead of CPI as Treasury Yields Leap. Lower EUR/USD?

The Euro backed away from recent lows against a US Dollar seeking to reclaim the ascendency with higher Treasury yields underpinning it. Will EUR/USD break the range?

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

Gold and Crude Oil Await Dollar Break for Their Own Commitment

Despite the traction ‘risk assets’ have exhibited for bears through Tuesday’s trading session, the US Dollar doesn’t seem to have caught its safe haven wind. That has thrown an unexpected curb on key developments for crude oil and gold which seem break prone but are principally USD-priced.

from DailyFX - Market News https://ift.tt/kvI2ZW6
via IFTTT

Bitcoin Price Forecast: BTC, ETH Held Back by Technical Resistance

Bitcoin and Ethereum price action has been on a rampant rise since the beginning of the year. With psychological resistance back in play, can the trend hold?

from DailyFX - Market News https://ift.tt/PoKXH3d
via IFTTT

Euro Price Forecast: Fading Risk Sentiment Dampens EZ PMI & ZEW Data

EUR/USD slips on the back of political uncertainty despite positive eurozone PMI and economic sentiment data.

from DailyFX - Market News https://ift.tt/dvFL36X
via IFTTT

Gold Price Latest: Crucial Level for Bearish Continuation Becomes Clearer

Gold has witnessed a marked decline since the appearance of the bear flag but recent consolidation poses questions around continued selling

from DailyFX - Market News https://ift.tt/YkMxG87
via IFTTT

Euro Price Forecast: Fading Risk Sentiment Dampens EZ PMI and ZEW Data

EUR/USD slipped despite better than expected PMI and economic sentiment data on the back of souring political instability.

from DailyFX - Market News https://ift.tt/G9gXdLI
via IFTTT

GBP/USD Rallies as UK PMI Points to a Solid Recovery

The UK Private sector returned to growth in February following a sharp rebound in the service sector in particular.

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

US Dollar (DXY) Grabs a Small Bid Ahead of Important US Data

The US dollar is back up and running after a long weekend and is edging higher, aided by a firm US Treasury complex. US PMIs out this afternoon will give the greenback short-term direction.

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

Swedish Krona Holds the High Ground as US Return from Holidays. Lower EUR/SEK?

The Swedish Krona has paused after massive gains from a more hawkish Riksbank tackling swelling inflation. The US will return from a long weekend today, will USD trend resume?

from DailyFX - Market News https://ift.tt/kerJ4q8
via IFTTT

Australian Dollar Steadies as Trends Get Tested. Where to for AUD/USD?

The Australian Dollar eased today after finding support on Monday as the market digests RBA meeting minutes and ahead of the Wages Price Index this week. Is the trend intact for AUD/USD?

from DailyFX - Market News https://ift.tt/abBX4m1
via IFTTT

Euro Dollar Outlook: EUR/USD Trades Flat as Volatility Remains Light

EUR/USD has risen to another zone of technical resistance, driving Euro Dollar into another tight range. As volatility remains light, fundamentals could drive the next move.

from DailyFX - Market News https://ift.tt/wkKTRi3
via IFTTT

Gold Prices (XAU/USD) Nudge Higher But Bigger Tests Lie Ahead

The precious metal has regained the $1840 level but with the US closed and with heavyweight data and event risk looming this week, volatility is likely in the coming days

from DailyFX - Market News https://ift.tt/Vw8vgzr
via IFTTT

USD/JPY Update: Signs of Exhaustion, Acceptance Above 134.50 Needed for Bullish Rally to Continue.

USD/JPY has stalled following last week’s 300-pip rally. Retracement is looking more likely before further upside.

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

GBP Price Forecast: Pound Flat Against Peers, Dovish Pressure on BoE Mounting

EUR/GBP & GBP/USD price action shows minimal changes to last week’s close as markets prepare for a slew of UK, US and eurozone fundamental data throughout the week.

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

US Dollar Holds Gains as Markets Weigh Fed Moves. Will Yields Boost USD?

The US Dollar has solidified recent gains on a quiet start to the week with a US holiday giving the market time to consider the Fed’s rate path compared to other central banks.

from DailyFX - Market News https://ift.tt/5XTon8f
via IFTTT

Japanese Yen Dips as Treasury Yields Climb Ahead of Ueda Testimony. Higher USD/JPY?

The Japanese Yen has lost ground against the US Dollar as the threat of a re-acceleration of Fed rate hikes lifted Treasury yields and ahead of the nominee for BoJ Governor address.

from DailyFX - Market News https://ift.tt/GSkjWm9
via IFTTT

Markets Week Ahead: US Dollar, Gold, Dow Jones, FOMC Minutes, PCE, NZD/USD, RBNZ

The US Dollar outperformed as stronger CPI data bolsters hawkish Fed bets last week. Gold prices fell. Ahead, all eyes are on FOMC minutes, PCE data and another RBNZ rate hike. What else is due?

from DailyFX - Market News https://ift.tt/EDdy4c2
via IFTTT

Gold Price Fundamental Forecast: XAU/USD Tentative Awaiting Fundamental Catalyst

Gold prices look to upcoming fundamental data next week while XAU/USD holds above 1830 for now.

from DailyFX - Market News https://ift.tt/gCJPKQ4
via IFTTT