The euro looks to be running out of steam despite persistent high inflation ahead of next weeks ECB and FOMC announcements.
from DailyFX - Market News https://ift.tt/L6mJM9p
via IFTTT
Thursday, 20 July 2023
Wednesday, 19 July 2023
Crude Oil Steadies as Markets Assess US Dollar Direction. Will WTI Regain High Ground?
The crude oil price decent pause to start Thursday’s session as markets assess energy demand with China leaving rates unchanged. If the US Dollar resume sliding, can WTI break the range?
from DailyFX - Market News https://ift.tt/WVhZTPN
via IFTTT
from DailyFX - Market News https://ift.tt/WVhZTPN
via IFTTT
What’s Changed for British Pound After UK CPI? GBP/USD, EUR/GBP, GBP/AUD Price Setups
The British pound looks set to retreat slightly against its peers following evidence that price pressures in the UK are finally moderating from elevated levels. What’s next for GBP/USD, GBP/AUD, and EUR/GBP?
from DailyFX - Market News https://ift.tt/tUMSv1u
via IFTTT
from DailyFX - Market News https://ift.tt/tUMSv1u
via IFTTT
Asia Day Ahead: Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings
After-market earnings releases from Netflix and Tesla have brought about a mixed showing in US equity futures this morning.
from DailyFX - Market News https://ift.tt/5HtbPM9
via IFTTT
from DailyFX - Market News https://ift.tt/5HtbPM9
via IFTTT
Australian Dollar Leaps on Hot Jobs Data Ahead of CPI. Where to for AUD/USD?
The Australian Dollar jumped higher after employment data today revealed a re-tightening of the labour market that might put pressure on the RBA at its August meeting.
from DailyFX - Market News https://ift.tt/wm8kPcW
via IFTTT
from DailyFX - Market News https://ift.tt/wm8kPcW
via IFTTT
Australia Roundup: ASX 200 Rises on Weaker AUD, Iron Ore Reversal Potential
The Australian dollar has pared back much of the recent gains when the dollar sold off aggressively. Positive earnings in the US underpin global risk appetite for now
from DailyFX - Market News https://ift.tt/TZowaWb
via IFTTT
from DailyFX - Market News https://ift.tt/TZowaWb
via IFTTT
Stock indices continue to rise on solid U.S. earnings and weaker UK CPI
Outlook on FTSE 100, DAX 40 and S&P 500 amid better-than-expected U.S. earnings and slowing UK inflation.
from DailyFX - Market News https://ift.tt/1Ir05xC
via IFTTT
from DailyFX - Market News https://ift.tt/1Ir05xC
via IFTTT
UK (GBP) Breaking News: UK CPI Miss Troubles Pound
GBP weakened against both the USD and EUR this morning after UK inflation figures fell further than expected.
from DailyFX - Market News https://ift.tt/cXskHQT
via IFTTT
from DailyFX - Market News https://ift.tt/cXskHQT
via IFTTT
Tuesday, 18 July 2023
Euro Ahead Euro Area CPI: EUR/USD, EUR/AUD, EUR/JPY Price Setups
The euro is testing the top end of the recent range against some of its peers ahead of the key Euro area inflation data later Wednesday and next week’s key central bank meetings. How EUR/USD, EUR/JPY, and EUR/AUD look?
from DailyFX - Market News https://ift.tt/Wof9uqI
via IFTTT
from DailyFX - Market News https://ift.tt/Wof9uqI
via IFTTT
Gold Jumps After Tepid US Retail Sales; What’s Next for XAU/USD After Reverse H&S Target Met?
Gold jumped after US retail sales rose less than expected in June which weighed on US Treasury yields and the greenback. How much more for gold to rise?
from DailyFX - Market News https://ift.tt/NeK6PDz
via IFTTT
from DailyFX - Market News https://ift.tt/NeK6PDz
via IFTTT
Catch-up Gain in Value Sectors Overnight, Focus Remains on US Earnings: DJIA, NZD/USD,GBP/USD
Better-than-expected earnings results from major US banks provided the go-ahead for the Wall Street rally to continue, with some catch-up gains in the value sectors.
from DailyFX - Market News https://ift.tt/6BbEmYo
via IFTTT
from DailyFX - Market News https://ift.tt/6BbEmYo
via IFTTT
New Zealand Dollar Soars as Inflation Beat Drives More RBNZ Tightening Bets
The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?
from DailyFX - Market News https://ift.tt/7eJx0Ln
via IFTTT
from DailyFX - Market News https://ift.tt/7eJx0Ln
via IFTTT
US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week
After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key technical support as traders await new market drivers.
from DailyFX - Market News https://ift.tt/65tiWuF
via IFTTT
from DailyFX - Market News https://ift.tt/65tiWuF
via IFTTT
Monday, 17 July 2023
S&P 500 Outlook Over Next 1-2 Months: Broadening Participation Points to Further Gains
Improving market breadth points to further gains in the S&P 500 index in the coming weeks as the earnings season picks up steam. What is the one-month and two-month outlook for the S&P 500 index?
from DailyFX - Market News https://ift.tt/jGema9o
via IFTTT
from DailyFX - Market News https://ift.tt/jGema9o
via IFTTT
Euro Ekes Out Gains as the US Dollar Reins in the Bears for Now. Where to for EUR/USD?
The Euro printed a new high despite the US Dollar pausing in its descent going into Tuesday’s session with next week’s ECB and Fed meetings moving into view. Will EUR/USD reverse?
from DailyFX - Market News https://ift.tt/RkAbiu6
via IFTTT
from DailyFX - Market News https://ift.tt/RkAbiu6
via IFTTT
British Pound Ahead of UK CPI: GBP/USD, EUR/GBP, GBP/JPY Price Action
The British pound is holding on to its recent gains ahead of the key UK inflation data as speculative long GBP positioning is at its highest level since 2014. How do GBP/USD, GBP/AUD, and EUR/GBP look?
from DailyFX - Market News https://ift.tt/ZLzI9cr
via IFTTT
from DailyFX - Market News https://ift.tt/ZLzI9cr
via IFTTT
Sentiment Awaiting Cues from Key US Earnings Releases Ahead: Brent crude, AUD/JPY, Natural Gas
Wall Street started the new trading week on a positive footing, as risk appetite rose ahead of several key earnings releases this week.
from DailyFX - Market News https://ift.tt/gzFLfJt
via IFTTT
from DailyFX - Market News https://ift.tt/gzFLfJt
via IFTTT
Crude Oil Price Rolls Over on China Growth Woes and Libya Re-open. Lower WTI?
Crude oil prices are teetering lower after China’s GDP missed estimates and Libya reopened several oil fields. WTI has retreated back into the range, will this pattern persist?
from DailyFX - Market News https://ift.tt/B9qYviT
via IFTTT
from DailyFX - Market News https://ift.tt/B9qYviT
via IFTTT
S&P 500 Outlook: Make or Break Week for Stocks ahead of Netflix, Tesla Earnings
The S&P 500 begins the week on the front foot, notching its best close in 2023 ahead of this week's key corporate earnings reports, which include results from Netflix and Tesla.
from DailyFX - Market News https://ift.tt/ZCa2Mcw
via IFTTT
from DailyFX - Market News https://ift.tt/ZCa2Mcw
via IFTTT
USD/CNH, Copper Outlook: Worrisome Chinese Data Takes Hold
Lackluster Chinese Q2 GDP data paints a worrying picture for Chinese related assets including copper. USD/CNH bullish momentum in doubt after US dollar selloff
from DailyFX - Market News https://ift.tt/86W1I24
via IFTTT
from DailyFX - Market News https://ift.tt/86W1I24
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...
-
The US Dollar soared against the Indonesian Rupiah, with USD/IDR eyeing its best month since the 1997 Asia financial crisis amid the coronav...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...