Despite the escalation in geopolitical tensions, US indices have rebounded from key support after an apparent dovish shift by Fed officials. However, rising US real yields/cost of borrowing pose constraints on the upside.
from DailyFX - Market News https://ift.tt/JzktDNB
via IFTTT
Monday, 9 October 2023
Gold Price Rallies as US Dollar Slips and Volatility Ticks Up. Higher XAU/USD?
The gold price leapt higher again overnight as the markets contemplate the ramifications of increasing conflict in the Middle East and a US Dollar under pressure. Will XAU/USD gain further?
from DailyFX - Market News https://ift.tt/owmhAyK
via IFTTT
from DailyFX - Market News https://ift.tt/owmhAyK
via IFTTT
Crude Oil Price Surge in Focus After Hamas Attacked Israel, Retail Bets Remain Bullish
Crude oil prices gapped and finished Monday 4.35% higher after Hamas’s attack on Israel generated potential supply disruption woes. Retail bets remain net-long. What are key levels to watch?
from DailyFX - Market News https://ift.tt/AN239BR
via IFTTT
from DailyFX - Market News https://ift.tt/AN239BR
via IFTTT
Dollar Index (DXY) Retreats Helping USD/JPY Tick Lower, 145.00 Incoming?
USD/JPY Continues to edge lower as last week's bond buying spree from the BoJ appears to have run its course. Are we finally in for a retracement?
from DailyFX - Market News https://ift.tt/TotwhRI
via IFTTT
from DailyFX - Market News https://ift.tt/TotwhRI
via IFTTT
OPEC Raises Demand Forecast as Middle East Tensions Boost WTI/Oil Prices, What Now?
Oil prices have risen on concerns of supply disruptions as tensions in the Middle East continue to roil markets. Is an Oil Embargo akin to 1973 a possibility?
from DailyFX - Market News https://ift.tt/Pds5RqX
via IFTTT
from DailyFX - Market News https://ift.tt/Pds5RqX
via IFTTT
Gold (XAU/USD) Jumps on Safe Haven Bid as Middle East Conflict Intensifies
Gold is being pushed higher, boosted by a strong safe haven bid, after the surprise Hamas attack on Israel over the weekend.
from DailyFX - Market News https://ift.tt/d4xFuPT
via IFTTT
from DailyFX - Market News https://ift.tt/d4xFuPT
via IFTTT
FTSE 100, DAX 40 and S&P 500 Gap Lower on Middle East Conflict
Outlook on FTSE 100, DAX 40 and S&P 500 as military conflict plagues Israel and the Gaza strip 50 years after the fourth Israel-Arab war.
from DailyFX - Market News https://ift.tt/7RKS4er
via IFTTT
from DailyFX - Market News https://ift.tt/7RKS4er
via IFTTT
GBP/USD Price Forecast: Souring Risk Sentiment Shackles Pound
The pound trades on the backfoot as safe haven demand sees the USD bid as tensions in the Middle East rise. UK GDP and US CPI inf focus later this week.
from DailyFX - Market News https://ift.tt/ILX1qjP
via IFTTT
from DailyFX - Market News https://ift.tt/ILX1qjP
via IFTTT
Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion
WTI crude oil ran higher today along with the US Dollar as markets contemplate the consequences of the hostilities toward Israel over the weekend. Will it drive WTI higher?
from DailyFX - Market News https://ift.tt/46hkMZ1
via IFTTT
from DailyFX - Market News https://ift.tt/46hkMZ1
via IFTTT
Sunday, 8 October 2023
Australian Dollar Dips as US Dollar Rallies After Israel Attack. Lower AUD/USD?
The Australian Dollar slipped to start this week after the US Dollar bounced on haven status and higher Treasury yields and bond spreads might impact further. Will AUD/USD?
from DailyFX - Market News https://ift.tt/EUKjbPz
via IFTTT
from DailyFX - Market News https://ift.tt/EUKjbPz
via IFTTT
Market Q4 Outlook: Gold, Oil, Stocks, US Dollar, Euro, Pound, Yen, BTC at Tipping Point
Different market dynamics are poised to unfold in the near term, potentially paving the way for increased volatility and attractive trading setups in major assets. This article presents a comprehensive collection of Q4 forecasts.
from DailyFX - Market News https://ift.tt/9fUZnaq
via IFTTT
from DailyFX - Market News https://ift.tt/9fUZnaq
via IFTTT
US Equities Technical Outlook: Range-Bound with Downside Potential
The equity selloff the end of Q3 places the major US indices at a crucial level of support. Failure of support with sustained momentum leaves stocks open to further downside
from DailyFX - Market News https://ift.tt/nYNkAX2
via IFTTT
from DailyFX - Market News https://ift.tt/nYNkAX2
via IFTTT
Crude Oil Prices Might Have Ran Too Far in Q3 Amid a Deteriorating China Outlook
Crude oil prices might have run too far in the third quarter, setting the stage for potential disappointment amid deteriorating economic conditions in China.
from DailyFX - Market News https://ift.tt/sFqbmae
via IFTTT
from DailyFX - Market News https://ift.tt/sFqbmae
via IFTTT
Saturday, 7 October 2023
US Dollar – Is The Rally Coming To An End?
The US dollar has been a one-way trade since the middle of July, rallying in excess of 6% since printing a 99.49 low.
from DailyFX - Market News https://ift.tt/PhYuNxw
via IFTTT
from DailyFX - Market News https://ift.tt/PhYuNxw
via IFTTT
Oil Fundamental Forecast: Can Q4 Sustain Oil Gains?
Q4 crude oil outlook focused on OPEC+, monetary policy and global economic growth conditions.
from DailyFX - Market News https://ift.tt/6RPS01n
via IFTTT
from DailyFX - Market News https://ift.tt/6RPS01n
via IFTTT
The Range Trade is Alive and Well as Markets Ponder Central Bank Rate Strike
Range Trading Unfolds as Several Major Global Central Banks May Have Put the Cue Back in the Rack on Rate Rises.
from DailyFX - Market News https://ift.tt/ItMYEGW
via IFTTT
from DailyFX - Market News https://ift.tt/ItMYEGW
via IFTTT
Friday, 6 October 2023
Australian Dollar Q4 Forecast: AUD Vulnerable as Headwinds Stack up
The Australian dollar has sold off in 2H with further frailties ahead. AUD/USD threatens to breakdown while AUD/JPY gears up for a reversal at major resistance
from DailyFX - Market News https://ift.tt/HoQN4FM
via IFTTT
from DailyFX - Market News https://ift.tt/HoQN4FM
via IFTTT
Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ
The USD/JPY has held the high ground for the majority of Q3 with rallies to the downside proving short lived at this stage. The potential for a downside move however remains in play and with the right fundamental developments
from DailyFX - Market News https://ift.tt/BMJ3iRn
via IFTTT
from DailyFX - Market News https://ift.tt/BMJ3iRn
via IFTTT
September Jobs Report: Payrolls at 336,000; Gold and US Dollar Go Their Own Way
The U.S. employers created 336,000 jobs in September versus 170,000 expected, indicating that the labor market remains dynamic despite multi-year high interest rates – a positive sign for the economy.
from DailyFX - Market News https://ift.tt/Er2SbGH
via IFTTT
from DailyFX - Market News https://ift.tt/Er2SbGH
via IFTTT
USD/ZAR Price Forecast: Rand Looks to NFP’s for Guidance
Rand prices strengthened in early trade but cautiously await the NFP report as a gauge to what the Fed may do regarding their interest rate cycle.
from DailyFX - Market News https://ift.tt/MW5hOHA
via IFTTT
from DailyFX - Market News https://ift.tt/MW5hOHA
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 -...