GBPUSD Hits 15-Mo Peak On UK Rate-Hike Bets, Time for Pullback?

The Pound continues to garner strong support from the view that UK interest rates have much further to rise

from DailyFX - Market News https://ift.tt/d4ugeVn
via IFTTT

USD/JPY Plummets on Hotter Household Inflation Expectations

Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth

from DailyFX - Market News https://ift.tt/QCs6bOA
via IFTTT

Stock Indices Remain Bid Ahead of US CPI Release

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of Wednesday’s U.S. inflation report for June.

from DailyFX - Market News https://ift.tt/7Q16Btx
via IFTTT

EUR/USD Price Forecast: Euro Shaped by US Factors

The euro looks to US CPI for short-term guidance after which Fed and ECB speakers will provide their perspectives.

from DailyFX - Market News https://ift.tt/DJLkAp0
via IFTTT

US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?

The US Dollar descent continued going into today’s much anticipated US CPI data point. The Japanese Yen has moved into the box seat with speculation of the BoJ shifting gears.

from DailyFX - Market News https://ift.tt/F5VS6Ni
via IFTTT

All eyes on US CPI ahead, with mixed session in Asia: DJIA, USD/JPY, NZD/USD

The usual cautious lead-up to the US CPI release has failed to deter risk appetite in Wall Street overnight, as major US indices pushed higher on strength in value sectors.

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

Japanese Yen Outlook: USD/JPY GBP/JPY EUR/JPY Price Setups

The yen appears to be back in favour as surging wage growth coupled with signs of demand driven inflation forces the Bank of Japan to take note

from DailyFX - Market News https://ift.tt/89OFyNa
via IFTTT

Dow Nasdaq and Nikkei Struggle to Maintain Bullish Momentum

Indices posted gains yesterday, but a more cautious atmosphere prevails in early trading this morning.

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

EUR/USD Hits Fresh 2-Month High Time for a Pullback?

EUR/USD faces a challenge in attempting to break the range high of 1.1100 without any significant change to the macro picture. Do bulls have enough juice or is another retracement incoming?

from DailyFX - Market News https://ift.tt/CpDJbt7
via IFTTT

UK Breaking News: Wage Growth Keeps Pound Bid

GBP/USD rises sharply to 1.2900 post-labor data after wage growth hits fresh yearly highs.

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

Gold Price Firms While US Dollar Eases as Treasury Yields Dip. Where to for XAU/USD?

The gold price is inching higher while the US Dollar slides going into Tuesday despite several Fed speakers getting hawkish, mostly. Will Wednesday’s US CPI hold the keys to XAU/USD direction?

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

New Zealand Dollar Flexes Muscles Ahead of RBNZ; NZD/USD EUR/NZD GBP/NZD Price Action

The New Zealand dollar is showing signs of building a base against some of its peers ahead of the Reserve Bank of New Zealand (RBNZ) interest rate decision on Wednesday. What is the outlook for NZD/USD, EUR/NZD, and GBP/NZD?

from DailyFX - Market News https://ift.tt/1QFBqAp
via IFTTT

European stocks indices to open lower on sluggish Chinese economy

​​Outlook on FTSE 100, DAX 40 and S&P 500 as Chinese economy remains lacklustre.

from DailyFX - Market News https://ift.tt/7UmPu3r
via IFTTT

Australian Dollar Price Forecast: Chinese Inflation Hurts Pro-Growth AUD

AUD/USD looks ahead to Fed guidance later today after a weak start to the trading day.

from DailyFX - Market News https://ift.tt/MQ3dHWm
via IFTTT

Crude Oil Dips After Large Gains as US Dollar Finds Firmer Footing. Lower WTI?

The crude oil price eased a touch today as it remains trapped in a range with soft Chinese data and Madame Secretary Yellen not ruling out a US recession. US CPI is now in view.

from DailyFX - Market News https://ift.tt/Wz6c2qS
via IFTTT

Gold Price Steadies as US Dollar Under Pressure Ahead of CPI. Where to for XAU/USD?

The gold price is poised near US$ 1,930 going into the new week with a US Dollar losing traction despite Treasury yields ticking north. Will real yields play a role in XAU/USD direction?

from DailyFX - Market News https://ift.tt/ZleSx1f
via IFTTT

Cracks Emerge in Japanese Yens Downtrend; USD/JPY CAD/JPY MXN/JPY Price Setups

The Japanese yen looks set this week to shed some of its gains against some of its peers, but cracks are starting to emerge in the Japanese currency’s broader downtrend that could limit any weakness.

from DailyFX - Market News https://ift.tt/pdXbuZ5
via IFTTT

Asia Day Ahead: US Job Report Brings Cautious Start to the Week

Major US indices failed to retain its initial gains in the aftermath of the US June jobs report last week, with a mid-day sell-off on relative high volume forcing an eventual close in the red.

from DailyFX - Market News https://ift.tt/F5Rz6ZM
via IFTTT

Markets Q3 Outlook: Gold US Dollar Nasdaq 100 Crude Oil Fed Labor Markets

Financial markets remained resilient in the wake of a resurgence in hawkish central bank bets during the second quarter. Will this momentum hold in the third quarter?

from DailyFX - Market News https://ift.tt/PhN7Viw
via IFTTT

Oil Fundamental Forecast: Q3 the Catalyst for Crude Oil?

Crude oil prices could be in for a positive Q3 with OPEC+ maintaining production cuts through to August.

from DailyFX - Market News https://ift.tt/txBnVw0
via IFTTT