S&P 500, Nasdaq Set to Open Higher Upon an Improved Outlook

Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher

from DailyFX - Market News https://ift.tt/KY3LVzf
via IFTTT

USD/JPY Moves Higher as the Japanese Yen Sheds its Risk Premium

USD/JPY is back above 132.00 for the first time in a week as bank contagion fears recede. Comments from Bank of Japan (BoJ) deputy governor Shinichi Uchida however may boost the Yen’s longer-term attraction

from DailyFX - Market News https://ift.tt/ZD4xCvp
via IFTTT

EUR/USD Hands Back Some Gains, German CPI Data In Focus

A quiet European session for economic cues has seen the single currency slip back a little, but there’s plenty of trading life left in this week

from DailyFX - Market News https://ift.tt/gYK6eIf
via IFTTT

Oil Gains on Supply Disruption Risks but Headwinds Loom, Key Levels to Watch

Oil prices rise to their best level in two weeks on supply disruptions in the Middle East, but the technical outlook suggests that the recent rally may be short-lived.

from DailyFX - Market News https://ift.tt/ulTAc6P
via IFTTT

US Consumer Confidence Rebounds Unexpectedly, but Fails to Boost US dollar

The U.S. dollar retains a negative bias despite better-than-expected consumer confidence data, as traders remain focused on the U.S. banking sector woes and the possibility of a Fed pivot later this year.

from DailyFX - Market News https://ift.tt/8Y0QKGo
via IFTTT

Gold Price Losing its Safe-Haven Shine, US Bond Yields Move Higher

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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