Wednesday, 31 January 2024

Japanese Yen Weakens As Perky Dollar Looks To Fed Guidance

The USD/JPY market is like all others focused on the Federal Reserve’s first interest-rate decision of the year.

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​​​FTSE 100, DAX 40 and S&P 500 take a Breather ahead of the Fed Meeting

​​Outlook on FTSE 100, CAC 40 and S&P 500 amid Fed and BoE meetings and as the remaining three of the ‘magnificent seven’ US stocks report their earnings tomorrow ahead of Friday’s US Non-Farm Payrolls.

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ASX Achieved a Record High after Cooler Aussie Inflation, AUD/USD Weaker

Australian inflation cooled in Q4 helping lift the local index to a new all-time high. Continued disinflation reduces lingering suspicions of another hike, weighing on AUD

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Tuesday, 30 January 2024

Amazon Q4 Earnings Preview: What to Expect?

Amazon is set to report its Q4, 2023 earnings on February 1st, 2024 after US markets close.

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Oil Prices Pullback Sharply after Oil Tanker Strike, Caution Grows

Over the weekend Houthis struck an oil tanker passing through the Red Sea, putting an end to a string of harsh weather induced price rises stemming from the US.

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Monday, 29 January 2024

Fed Preview – What’s Ahead for Gold Prices, the U.S. Dollar, Yields and Stocks?

This article offers a preview of the upcoming Fed monetary policy announcement scheduled for Wednesday, examining two possible scenarios and their potential repercussions on gold prices, yields, the U.S. dollar, and stocks.

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Alphabet’s Share Price: What to Expect from Q4 Results

Alphabet Inc is set to release its Q4 financial results on 30 January 2024, after the market closes.

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Microsoft Corp Q2 2024 Earnings Preview

Microsoft Corp is scheduled to report its second (Q2) earnings on Tuesday, January 30th, 2024, after the market closes.

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Crude Oil Prices Slip After Strong Run, Market Awaits US’ Jordan Response

Crude Oil prices retreated a little on Monday after a string of gains last week took them back to highs not seen for twelve weeks.

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Gold and Silver Push Higher as Middle East Tensions Escalate, FOMC and US NFPs Near

Gold and silver grab a bid after Iranian drone strikes on US service personnel over the weekend, while later this week the latest FOMC decision and US Jobs Report will drive rate cut expectations.

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Asia Update: Evergrande Liquidation Order Fails to Sour the Mood - AUD, CNH

The Australian Dollar and offshore Chinese Yuan saw little impact after a Hong Kong court ruled to liquidate the ailing property giant Evergrande

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Sunday, 28 January 2024

Markets Week Ahead: Fed and BoE Decisions, US Jobs Data, Microsoft, Apple, Amazon Report

A huge week ahead for headline economic data, events, and big tech earnings reports. Volatility is likely to pick up across a range of assets classes.

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Saturday, 27 January 2024

Gold Price Forecast: Fed Decision to Guide Trend, Critical Levels For XAU/USD

This article focuses on gold’s technical outlook, examining important price thresholds that traders may find relevant in the coming days.

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Friday, 26 January 2024

US Breaking News: PCE Reveals Steady Progress Towards Fed’s 2% Target

Core US PCE data made progress but the PCE Price Index remained at 2.6%. USD price action has been contained ahead of a massive week on the economic calendar front

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Euro (EUR/USD) Under Pressure as Markets Push the ECB to Start Cutting Rates Earlier

The ECB left its monetary policy unchanged yesterday, and reiterated that rates cuts were data dependent, but the market seems to have different ideas.

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Thursday, 25 January 2024

US Dollar Forecast: Core PCE to Set Tone, Setups on EUR/USD, GBP/USD and Gold

This article delves into the technical prospects of the U.S. dollar, with a specific focus on analyzing price action dynamics for EUR/USD and GBP/USD. Additionally, the technical outlook for gold is thoroughly examined.

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Gold Price Forecast: Core PCE Data to Guide Markets ahead of Fed Decision

This article focuses on gold’s outlook, analyzing important price levels that could serve as technical resistance or support in the coming trading sessions ahead of the Fed decision next week.

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US Dollar Mixed As GDP Data Smash Forecasts, Gloomy ECB Stands Pat

The United States Dollar was remarkably steady through a fascinating session of economic data on Thursday, suggesting perhaps that all the market cares about at this point is what the Federal Reserve will make of it all.

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ECB Leaves Interest Rates Unchanged, EUR/USD Listless Ahead of Press Conference and US Q4 GDP

The European Central Bank (ECB) played a straight bat at today’s policy announcement, leaving all rates unchanged and giving little away. A currently lackluster EUR/USD needs another driver.

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USD/CAD Latest After BoC Makes Dovish Shift, Price Pressures Remain

The Bank of Canada expressed that interest rates have most likely plateaued but tempered expectations of aggressive cuts by highlighting remaining core price pressures

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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...