Gold is losing some of its safe-haven premium as the recent banking turmoil continues to calm down. Risk may be back on the table but for how long?
from DailyFX - Market News https://ift.tt/7bUCqBp
via IFTTT
Tuesday, 28 March 2023
GBPUSD Gains Again, BoE Bailey Says Inflation Fight Comes First
The British Pound Continued its run as the BoE Governor said banking worries won’t stop rate rises
from DailyFX - Market News https://ift.tt/Bkp4EcQ
via IFTTT
from DailyFX - Market News https://ift.tt/Bkp4EcQ
via IFTTT
EUR/USD Price Forecast: US and EU Banking Supervisors Provide Updates
With a sizeable downshift in high importance data this week, markets are left to assess respective rate differentials and comments from banking supervisors
from DailyFX - Market News https://ift.tt/CI5Hi2S
via IFTTT
from DailyFX - Market News https://ift.tt/CI5Hi2S
via IFTTT
AUD/USD Rises on Positive Retail Sales Data, CPI Ahead
AUDUSD rallied into key resistance around the 0.6700 level. Will we see a break higher with momentum or are we in for another rejection?
from DailyFX - Market News https://ift.tt/tez6TUi
via IFTTT
from DailyFX - Market News https://ift.tt/tez6TUi
via IFTTT
Monday, 27 March 2023
US Dollar (DXY) Subdued, Banks Gain, US Treasury Yields Move Higher
The US dollar is unchanged to start the US session after US bank First Citizen steps in to buy failed lender Silicon Valley Bank
from DailyFX - Market News https://ift.tt/RhKySEA
via IFTTT
from DailyFX - Market News https://ift.tt/RhKySEA
via IFTTT
Crude Oil Outlook: Oil Prices Bounce off Support as Bank Jitters Ease
Crude oil has extended last week’s gains, pushing prices toward technical resistance. As bank jitters ease, oil has received a positive boost in sentiment.
from DailyFX - Market News https://ift.tt/QLqBc6P
via IFTTT
from DailyFX - Market News https://ift.tt/QLqBc6P
via IFTTT
British Pound Latest: GBP/USD Squeezes Higher as Risk Sentiment Improves
A range of asset classes open the week with a mild risk-on bid after a takeover of failed lender SVB boosts market sentiment
from DailyFX - Market News https://ift.tt/dpbSZqB
via IFTTT
from DailyFX - Market News https://ift.tt/dpbSZqB
via IFTTT
USD/JPY Bounce Looks Corrective, Lacks News Backing
The US Dollar made modest gains on the Japanese Yen but the Charts don’t look great for Dollar Bulls
from DailyFX - Market News https://ift.tt/cUNO4eS
via IFTTT
from DailyFX - Market News https://ift.tt/cUNO4eS
via IFTTT
Gold Price Trickles Lower as Acceptance Above the $2000 Level Remains Elusive
Spot Gold continued to decline in European trade as sentiment shows modest improvement. Key risks still in play and could drive gold prices in the early part of the week.
from DailyFX - Market News https://ift.tt/T3uyngG
via IFTTT
from DailyFX - Market News https://ift.tt/T3uyngG
via IFTTT
Sunday, 26 March 2023
US Dollar Slides as Banking Woes Continue and Treasury Yield Sink. Where to for USD?
The US Dollar dipped today as markets take stock of where the banking crisis is headed and Treasury yields search for direction. Will the USD reclaim the ascendency?
from DailyFX - Market News https://ift.tt/04SiNRb
via IFTTT
from DailyFX - Market News https://ift.tt/04SiNRb
via IFTTT
Friday, 24 March 2023
US Dollar Outlook: Path of Least Resistance is Lower after Fed Ditches Hawkish View
The U.S. dollar is likely to come under selling pressure in the near term as markets price in rate cuts after Fed abandons hawkish guidance in order to preserve financial stability.
from DailyFX - Market News https://ift.tt/KfOo8FG
via IFTTT
from DailyFX - Market News https://ift.tt/KfOo8FG
via IFTTT
Euro Dollar Outlook: EUR/USD Takes a Breather as Prices Test Support
The Euro has held its ground against the US Dollar, allowing prices to recover from February’s losses. Can EUR/USD break free from the current zone of support?
from DailyFX - Market News https://ift.tt/EcGufzH
via IFTTT
from DailyFX - Market News https://ift.tt/EcGufzH
via IFTTT
Gold Prices Cool Slightly After Fed’s Dovish Hike Puts $2000 Back in Play
Gold has been boosted consistently by hopes that the rate-hike cycle could be nearing an end
from DailyFX - Market News https://ift.tt/sthWoRx
via IFTTT
from DailyFX - Market News https://ift.tt/sthWoRx
via IFTTT
British Pound Latest: GBP/USD Bullish Trend is Intact but Slowing Down
UK retail sales beat expectations data showed earlier today, helping to support the recent move higher in GBP/USD
from DailyFX - Market News https://ift.tt/jUD0fKN
via IFTTT
from DailyFX - Market News https://ift.tt/jUD0fKN
via IFTTT
USD/JPY Eyeing a Break of the 130.000 Handle Following Mixed Inflation Data
USD/JPY looks to continue its downside momentum this morning. Mixed inflation data has reignited hope of further tweaks to the yield control policy.
from DailyFX - Market News https://ift.tt/NzRa7vF
via IFTTT
from DailyFX - Market News https://ift.tt/NzRa7vF
via IFTTT
Thursday, 23 March 2023
Gold Gains After Fed’s Dovish Hike Reinforces Bullish Trend, Breakout in Play
Gold prices rise after the Fed signals that its hiking cycle in nearing its end considering recent banking sector turmoil, an outcome that would stand to benefit non-yielding precious metals.
from DailyFX - Market News https://ift.tt/GqgKtQS
via IFTTT
from DailyFX - Market News https://ift.tt/GqgKtQS
via IFTTT
BoE Raise Rates by 25bps, Expecting Inflation to Cool, GBP Edged Higher
BoE raised rates by 25bps as expected to fresh highs last seen in 2008. The vote was split 7-2 with policymakers Tenreyro and Dhingra voting to keep rates on hold.
from DailyFX - Market News https://www.dailyfx.com/news/boe-raise-rates-by-25bps-expecting-inflation-to-cool-gbp-edged-higher-20230323.html
via IFTTT
from DailyFX - Market News https://www.dailyfx.com/news/boe-raise-rates-by-25bps-expecting-inflation-to-cool-gbp-edged-higher-20230323.html
via IFTTT
USDJPY Heads Lower as Market Digests a More Dovish Fed
The US Dollar has seen broad weakness after the Federal Reserve moderated forward policy guidance.
from DailyFX - Market News https://ift.tt/vwPm76y
via IFTTT
from DailyFX - Market News https://ift.tt/vwPm76y
via IFTTT
US Dollar (DXY) Touches a Fresh 7-Week Low Despite a 25bp Fed Rate Hike
The US dollar is seemingly disregarding another US interest rate hike and is turning lower as traders weigh up the odds for any further increases
from DailyFX - Market News https://ift.tt/3QAiFs8
via IFTTT
from DailyFX - Market News https://ift.tt/3QAiFs8
via IFTTT
Wednesday, 22 March 2023
Gold Prices Turn to US Initial Jobless Claims to Gauge SVB Economic Shock
Gold prices gained as the US Dollar and Treasury yields fell after the Federal Reserve rate decision. All eyes turn to US initial jobless claims to gauge the economic impact of SVB’s collapse.
from DailyFX - Market News https://ift.tt/nehv7Lf
via IFTTT
from DailyFX - Market News https://ift.tt/nehv7Lf
via IFTTT
Subscribe to:
Posts (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...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...
-
British Pound (GBP) Latest: GBP/USD Nudges Higher, FTSE 100 Picks-Up as President Trump Takes ActionThe British Pound is registering small opening gains and the FTSE 100 is nudging higher after US President Trump announced new COVID-19 aid ...