Indices have held up relatively well despite the rise in monthly US inflation growth, but caution prevails ahead of the ECB decision.
from DailyFX - Market News https://ift.tt/WvTBVwF
via IFTTT
Thursday, 14 September 2023
XAU/USD Price Forecast: US PPI & Retail Sales Could Push Gold to $1900
Gold prices look for cues from US PPI and retail sales as to the Fed’s rate cycle after yesterday’s headline CPI ticked higher. XAU/USD eyes $1900.
from DailyFX - Market News https://ift.tt/YL67fW4
via IFTTT
from DailyFX - Market News https://ift.tt/YL67fW4
via IFTTT
Wednesday, 13 September 2023
New Zealand Dollar After US CPI; NZD/USD, EUR/NZD, AUD/NZD Price Action
NZD/USD’s slide has paused recently, but the pair is still not out of the woods. What is the outlook and what are the key levels to watch in NZD/USD, AUD/NZD, and EUR/NZD?
from DailyFX - Market News https://ift.tt/P6tv7b0
via IFTTT
from DailyFX - Market News https://ift.tt/P6tv7b0
via IFTTT
Australian Dollar Holds Early Gains After Jobs Beat; Is AUD/USD Forming a Base?
The Australian dollar held early Asia gains against the US dollar after the Australian economy created more jobs than expected last month. Is AUD/USD forming a base?
from DailyFX - Market News https://ift.tt/K87e3Jr
via IFTTT
from DailyFX - Market News https://ift.tt/K87e3Jr
via IFTTT
Japanese Yen Forecast: USD/JPY on Breakout Quest as GBP/JPY Fends Off Support Test
This article takes a technical view of USD/JPY and GBP/JPY, analyzing critical support and resistance levels that deserve careful scrutiny in the coming trading sessions.
from DailyFX - Market News https://ift.tt/HrmntKb
via IFTTT
from DailyFX - Market News https://ift.tt/HrmntKb
via IFTTT
Tuesday, 12 September 2023
GBP Breaking News: UK Growth Contracts Leaving Pound on Offer
GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance.
from DailyFX - Market News https://ift.tt/54MA8in
via IFTTT
from DailyFX - Market News https://ift.tt/54MA8in
via IFTTT
Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high
Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in headline pricing pressures.
from DailyFX - Market News https://ift.tt/enBipXj
via IFTTT
from DailyFX - Market News https://ift.tt/enBipXj
via IFTTT
British Pound Ahead of UK GDP: GBP/USD, EUR/GBP, GBP/JPY Setups
GBP is testing crucial support against the US dollar ahead of UK GDP data due later Wednesday. Which way is the tide for GBP/USD, EUR/GBP and GBP/JPY?
from DailyFX - Market News https://ift.tt/0rN1hKj
via IFTTT
from DailyFX - Market News https://ift.tt/0rN1hKj
via IFTTT
Gold Price Slips as US Dollar Recovers Ahead of US CPI. Lower XAU/USD?
The gold price edged lower overnight as the market contemplates US Dollar direction and US CPI with the potential to impact Treasury and real yields. Is XAU/USD range bound for now?
from DailyFX - Market News https://ift.tt/pOSkwPH
via IFTTT
from DailyFX - Market News https://ift.tt/pOSkwPH
via IFTTT
Australian Dollar Outlook: AUD/USD Falls, Yet Bullish Double Bottom Holds Promise
AUD/USD was muted on Tuesday, unable to consolidate Monday's gains, but continued to forge a double bottom pattern that may have bullish implications for the exchange rate if confirmed.
from DailyFX - Market News https://ift.tt/2vDiemK
via IFTTT
from DailyFX - Market News https://ift.tt/2vDiemK
via IFTTT
US Dollar Up as Oil Soars, Nasdaq 100 Dips Pre-US CPI - How to Trade Inflation?
The U.S. dollar rebounds after steep losses at the beginning of the week. Meanwhile, the Nasdaq 100 slides, unable to consolidate Monday's gains as traders await the U.S. inflation report for August, which could set the tone for financial markets.
from DailyFX - Market News https://ift.tt/iPz9F5S
via IFTTT
from DailyFX - Market News https://ift.tt/iPz9F5S
via IFTTT
Dow Jones, Nasdaq 100, CAC 40 Push Higher
Indices moved higher on Monday, with signs that the rally may continue today
from DailyFX - Market News https://ift.tt/39JaZe8
via IFTTT
from DailyFX - Market News https://ift.tt/39JaZe8
via IFTTT
USD/CAD Price Forecast: Crude Oil & BoC Remnants Keep Loonie Elevated
USD/CAD prices are subdued today as traders keenly await upcoming US CPI tomorrow for guidance.
from DailyFX - Market News https://ift.tt/YzjBHwi
via IFTTT
from DailyFX - Market News https://ift.tt/YzjBHwi
via IFTTT
UK Unemployment Ticks Higher as Total Earnings Remains Sticky, GBP/USD Slides
UK unemployment rises to 4.3%, a near two-year high while earnings continue to accelerate. The Bank of England (BoE) seems to be in a tough spot heading into the September meeting.
from DailyFX - Market News https://ift.tt/pfAIQLh
via IFTTT
from DailyFX - Market News https://ift.tt/pfAIQLh
via IFTTT
Monday, 11 September 2023
Crude Oil Clambers Near Peak as US Dollar and Euro Pause Ahead of US CPI and ECB
Crude oil prices are scoping new highs as volatility dips while the US Dollar adjourns its ascendency ahead of CPI and the Euro considers its fate with the ECB rate decision ahead.
from DailyFX - Market News https://ift.tt/MYfSUZT
via IFTTT
from DailyFX - Market News https://ift.tt/MYfSUZT
via IFTTT
Asia Day Ahead: USD/CNH Retraces From October 2022 Peak, EUR/USD Stabilises
Major US indices found room for some relief to start the week. Chinese equities were more mixed, with some paring of initial gains still pointing towards some reservations.
from DailyFX - Market News https://ift.tt/GycZeKg
via IFTTT
from DailyFX - Market News https://ift.tt/GycZeKg
via IFTTT
Australian Dollar Holds High Ground as US Dollar Slips. Will Rates Drive AUD/USD?
The Australian Dollar lifted off to start this week after the US Dollar was pummelled after BoJ comments. Bond yields might continue to play a role. Will they turn in favour of AUD/USD?
from DailyFX - Market News https://ift.tt/5yG0DAr
via IFTTT
from DailyFX - Market News https://ift.tt/5yG0DAr
via IFTTT
Gold Price at Make-or-Break Point with Trendline Resistance Up Ahead, XAU/USD Levels
Gold climbed on Monday on the back of a weaker U.S. dollar, but gains were limited as traders avoided taking large directional positions ahead of Wednesday's U.S. CPI data.
from DailyFX - Market News https://ift.tt/xiKmbDj
via IFTTT
from DailyFX - Market News https://ift.tt/xiKmbDj
via IFTTT
AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?
AUD/USD and NZD/USD rally on broad-based U.S. dollar weakness, ahead of a key U.S. inflation report that could spark volatility and set the tone for financial markets in the near term.
from DailyFX - Market News https://ift.tt/zFLZKxf
via IFTTT
from DailyFX - Market News https://ift.tt/zFLZKxf
via IFTTT
Euro Outlook: Dollar Decline Lifts EUR/USD, EUR/GBP Consolidates
EUR/USD has begun the week on the front foot ahead the ECB meeting on Thursday while EUR/GBP drifts slightly lower, consolidating within the broader range
from DailyFX - Market News https://ift.tt/oayTwmi
via IFTTT
from DailyFX - Market News https://ift.tt/oayTwmi
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 Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...