AUD/USD Bouncing Off Support as RBA Policy Decision Looms Into View

Australian dollar traders are gearing up for some additional volatility in the weeks ahead as the RBA gets set to announce its latest monetary policy decision tomorrow. Via DailyFX - Market News https://ift.tt/ZLoinUxmh

Euro Jumps Ahead of EU GDP and German CPI as US Dollar Pauses. Where to for EUR/USD?

The Euro found some support today as the US Dollar paused, with growing geopolitical concerns boosting energy commodities. Will EUR/USD make new lows? Via DailyFX - Market News https://ift.tt/ZLoinUxmh

Gold Prices Extend Lower Amid Hawkish Fed, Geopolitical Tensions

Gold prices extended a 4-day losing streak as traders mulled a steeper curve for the Fed’s rate hike trajectory and a strong US Dollar. Russia-Ukraine tensions may cushion its downside however. Via DailyFX - Market News https://ift.tt/ZLoinUxmh

Crude Oil Soars to New Heights Despite a Strong US Dollar. Where To For WTI?

Crude oil has continued its run upward as a perfect storm of geopolitical tensions, supply concerns and technical hedging pushes prices up. Will WTI go higher? Via DailyFX - Market News https://ift.tt/ZLoinUxmh

S&P 500 Rebound May Lead Nikkei 225 Higher, Hong Kong Trading Half-Day

US stocks rallied on Friday as Apple’s stellar results boosted market sentiment. The nonfarm payrolls report and a slew of tech earnings will be in focus this week. Chinese markets will be shut for... Via DailyFX - Market News https://ift.tt/ZLoinUxmh

AUD/USD Cautiously Higher After China Manufacturing PMI. RBA Inbound

AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow's Reserve Bank of Australia (RBA) policy decision. Via DailyFX - Market News https://ift.tt/ZLoinUxmh

Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, AUD/USD, EUR/USD, GBP/USD

The Dow Jones and S&P 500 recovered during a wild trading week. Will the US Dollar continue its rise and is gold at risk ahead of NFPs? All eyes are on the RBA, ECB and BoE. Earnings from Amazon an...

Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, AUD/USD, EUR/USD, GBP/USD

The Dow Jones and S&P 500 recovered during a wild trading week. Will the US Dollar continue its rise and is gold at risk ahead of NFPs? All eyes are on the RBA, ECB and BoE. Earnings from Amazon an... Via DailyFX - Market News https://ift.tt/ZLoinUxmh

S&P 500 Forecast for the Week Ahead

Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.

Euro Weekly Fundamental Forecast: EUR/USD Slide to Continue

The Euro has taken a beating this week after markets received confirmation of the new hawkish Fed. High impact data next week: GDP, inflation and the ECB rate decision

Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.

Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in. Via DailyFX - Market News https://ift.tt/ZLoinUxmh

Euro Weekly Fundamental Forecast: EUR/USD Slide to Continue

The Euro has taken a beating this week after markets received confirmation of the new hawkish Fed. High impact data next week: GDP, inflation and the ECB rate decision Via DailyFX - Market News https://ift.tt/ZLoinUxmh

Gold Price Snaps January Opening Range Amid Detailed Fed Exit Strategy

Fresh data prints coming out of the US may keep the price of gold under pressure as the NFP report is anticipated to show a further improvement in the labor market.

Gold Price Snaps January Opening Range Amid Detailed Fed Exit Strategy

Fresh data prints coming out of the US may keep the price of gold under pressure as the NFP report is anticipated to show a further improvement in the labor market. Via DailyFX - Market News https://bit.ly/3g9PTpM

US Dollar Outlook: Hawkish Fed Has Markets Eyeing NFPs, RBA, ECB and BoE

The US Dollar may remain on the offensive next week. The RBA, ECB and BoE may offer hawkish tilts, risking further market volatility. Then, all eyes are on non-farm payrolls. Via DailyFX - Market News https://bit.ly/3g9PTpM

Bitcoin (BTC) Outlook – Buy the Dip or Sell the Bounce?

Bitcoin's latest recovery is looking increasingly tired as it nears a zone of important resistance. Via DailyFX - Market News https://bit.ly/3g9PTpM

Bitcoin (BTC) Outlook – Buy the Dip or Sell the Bounce?

Bitcoin's latest recovery is looking increasingly tired as it nears a zone of important resistance.

Crude Oil Forecast: Russia-Ukraine Crisis Creates Upside Risks for WTI & Brent Prices

Oil has rallied sharply over the past two months and appears overbought by some metrics, but prices may remain supported over the short term on rising geopolitical tensions in Eastern Europe.

Crude Oil Forecast: Russia-Ukraine Crisis Creates Upside Risks for WTI & Brent Prices

Oil has rallied sharply over the past two months and appears overbought by some metrics, but prices may remain supported over the short term on rising geopolitical tensions in Eastern Europe. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Outlook: All Eyes on the RBA as Fed Fallout Continues

The Australian Dollar is under the pump despite favourable fundamentals as the US Dollar surges on the back of a hawkish Fed.

Australian Dollar Outlook: All Eyes on the RBA as Fed Fallout Continues

The Australian Dollar is under the pump despite favourable fundamentals as the US Dollar surges on the back of a hawkish Fed. Via DailyFX - Market News https://ift.tt/32vveVH

The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions. Via DailyFX - Market News https://ift.tt/32vveVH

Understand the Risk. Accept the Risk.

Trades that offer the potential for a high return almost always come with a high amount of risk. A smart trade comes with an understanding of that underlying risk. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Technical Forecast: EUR/USD Bear Flag Break Seeks Support

After a dismal week for Euro bulls, all eyes shift to next week for an high impact Eurozone economic calendar including the ECB rate decision. EUR/USD pursues 1.1100. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Drop Tests 7-Month Uptrend as Key US Inflation Data Looms

Gold prices are threatening to break the bounds of a 7-month uptrend after a hawkish Federal Reserve triggered two days of heavy losses. Key US PCE inflation data looms ahead. Via DailyFX - Market News https://ift.tt/32vveVH

DXY Dollar Index Leaps to New Highs on a Hawkish Fed. Will USD Keep Going North?

The US Dollar has rallied on the back of rising yields as expectations for rate hikes from the Fed continue to build. Where to for the DXY index? Via DailyFX - Market News https://ift.tt/32vveVH

Euro Forecast: EUR/USD Rate Turns to US PCE after Lowest Close Since June 2020

The Euro has closed at its lowest against the US Dollar since June 2020 in the aftermath of a more hawkish Federal Reserve. Will EUR/USD extend losses on incoming PCE data? Via DailyFX - Market News https://ift.tt/32vveVH

NZD/USD Rate Eyes September 2020 Low as RSI Sits in Oversold Territory

NZD/USD may attempt to test the September 2020 low (0.6512) as the Relative Strength Index (RSI) sits in oversold territory. Via DailyFX - Market News https://ift.tt/32vveVH

Bitcoin Selloff Eases Amid Broader Weakness, but Bear Flag Forms Casting Doubt on Recovery

Bitcoin is struggling to gain ground after Wall Street surrendered early gains, which pushed haven flows into the US Dollar. The APAC session may see another risk-off move to end the week. Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying

Uber Hawkish Powell and Watch Out For Possible USD Month-End Rebalancing Flows Via DailyFX - Market News https://ift.tt/32vveVH

Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches. Via DailyFX - Market News https://ift.tt/32vveVH

British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?

The British Pound has slid lower again today as the Fed delivered on expectations, lifting the US Dollar. Will GBP/USD continue lower? Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Prices Near 7-Year High on Ukraine Standoff, Falling Cushing Stockpiles

WTI crude oil prices are hovering at 7-year highs on Thursday as investors mull rising Russia-Ukraine tensions amid a tight market. The EIA reported a decent drop in Cushing inventories, supporting... Via DailyFX - Market News https://ift.tt/32vveVH

Dow Jones Wobbles as the FOMC Signals March Rate Hike, Hang Seng Index May Follow

Dow Jones erased earlier gains and ended lower after Powell said he won’t rule out raising rates at every FOMC meeting this year. Tesla earnings beat. Asia-Pacific markets opened cautiously. Via DailyFX - Market News https://ift.tt/32vveVH

EUR/USD Nears 2021 Low as FOMC Unveils More Detailed Exit Strategy

EUR/USD may attempt to test the 2021 low (1.1186) as the exchange rate extends the series of lower highs and lows from the start of the week. Via DailyFX - Market News https://ift.tt/32vveVH

Risk Management Techniques Matter

In speculative markets, you win not by picking the soundest investment, but by picking the investment that others, who are playing the same game, will soon bid up higher. Via DailyFX - Market News https://ift.tt/32vveVH

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks Via DailyFX - Market News https://ift.tt/32vveVH

S&P 500, Dow Jones, DAX 40 Outlook: Retail Investors Buy Dips, is this a Warning?

Retail traders are aggressively buying up the S&P 500, Dow Jones and DAX 40. Is this a sign that equities are due for further weakness? What are key levels to watch? Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Prices Extend Gains on Russia-Ukraine Tension, Tight Demand

WTI crude oil is trading above $85 bbl on Wednesday as investors mulled rising geopolitical tensions between Russia and Ukraine. API reported a larger-than-expected draw in crude inventories. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Price Forecast: EUR/USD Locked and Loaded on FOMC Trade Unwind

The Euro has lagged against the US Dollar in recent weeks as jitters vibrate through markets on the approaching FOMC policy decision. An unwind of the prior two weeks' price action may boost the Euro. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Eyes November High After Clearing Monthly Opening Range

The price of gold appears to be on track to test the November high ($1877) after clearing the opening range for January. Via DailyFX - Market News https://ift.tt/32vveVH

Dow Jones Falls amid Tech Rout, APAC to Trade Cautiously Ahead of the FOMC

Wall Street stocks fell on a heavy tech selloff. Microsoft earnings topped market estimates. Crude oil prices rebounded on geopolitical tensions. Asia-Pacific markets are mixed as investors wait fo... Via DailyFX - Market News https://ift.tt/32vveVH

New Zealand Dollar: NZD/USD in Dangerous Spot Ahead of FOMC, New Zealand CPI

The New Zealand Dollar is slightly higher versus the US Dollar in early APAC trading, but an overnight break to new yearly lows leaves NZD/USD susceptible to further losses. FOMC and NZ CPI looms. Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Forecast: Emerging Market FX Resilient. Eyes on Fed, PCE and China PMI

The US Dollar has been weakening against ASEAN currencies, why? The Federal Reserve, PCE data, China manufacturing PMI and Philippine GDP data are due. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Eye 5-Year Treasury Auction as FOMC, PCE Approach

Gold prices rose overnight amid volatile market conditions. A 2-year note Treasury auction saw strong demand, which helped gold rise as short-term yields fell. The 5-year auction tonight may allow ... Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 Reverses Losses on Dip-Buying, Will APAC Markets Follow?

Wall Street stocks erased deep intra-day losses and closed mildly higher, as dip-buyers stepped in during the late trade. IBM beat earnings expectations. Asia-Pacific markets look set to open lower. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Forecast: AUD/USD Gets a CPI Boost Amid Volatile Trading

The Australian Dollar continued to recover versus the US Dollar from a volatile overnight session after Australia reported hotter-than-expected fourth quarter CPI numbers. The week ahead holds furt... Via DailyFX - Market News https://ift.tt/32vveVH

NZD/USD Rate Clears 2021 Low Ahead of New Zealand Inflation Report

Fresh data prints coming out of New Zealand may curb the recent decline in NZD/USD as inflation is anticipated to increase for the fourth consecutive quarter. Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 Recovers from 5% Decline to Finish in Positive Territory

The Nasdaq 100 undertook one of the largest intraday rallies in history, recovering from being down 5% on the session to close in the green. Via DailyFX - Market News https://ift.tt/32vveVH

Be More Open Minded

My top mistake of 2021 could be labelled as more of an oversight, and one that is perhaps grounded in an irrational bias. Via DailyFX - Market News https://ift.tt/32vveVH

British Pound Breaking News: GBP/USD Indifferent After PMI Miss

Cable was unmoved by weak UK PMI numbers this morning as markets focus on the upcoming Fed rate decision later this week, while GBP/USD finds support at 100-day EMA. Via DailyFX - Market News https://ift.tt/32vveVH

Germany PMI Data Beat: Manufacturing (60.5), Services (52.2)

The German economic environment looks to be on the up after strong manufacturing data and improved services data Via DailyFX - Market News https://ift.tt/32vveVH

Euro Holds Ground as Asset Allocations Unfold Ahead of the Fed. Can EUR/USD Rally?

The Euro has been steady despite high volatility across markets in anticipation of the Federal Reserve meeting this week. Will the EUR/USD trend remain intact? Via DailyFX - Market News https://ift.tt/32vveVH

How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure. Via DailyFX - Market News https://ift.tt/32vveVH

Markets Week Ahead: Nasdaq 100, Gold, Bitcoin, USD, Fed, Tech Earnings, Volatility Returns

The Nasdaq 100 was wrecked as global market sentiment soured again ahead of earnings from Apple and Tesla. The US Dollar and Japanese Yen are on the rise, but what is keeping gold and crude oil res...

Markets Week Ahead: Nasdaq 100, Gold, Bitcoin, USD, Fed, Tech Earnings, Volatility Returns

The Nasdaq 100 was wrecked as global market sentiment soured again ahead of earnings from Apple and Tesla. The US Dollar and Japanese Yen are on the rise, but what is keeping gold and crude oil res... Via DailyFX - Market News https://ift.tt/32vveVH

Apple and Tesla Earnings in Focus as Nasdaq 100 Falls into a Technical Correction

The US stock market is embracing the peak of the earnings season this week, with about 22% of the S&P 500 companies due to announce results. Among them, Apple, Tesla and Microsoft will be closely e...

Apple and Tesla Earnings in Focus as Nasdaq 100 Falls into a Technical Correction

The US stock market is embracing the peak of the earnings season this week, with about 22% of the S&P 500 companies due to announce results. Among them, Apple, Tesla and Microsoft will be closely e... Via DailyFX - Market News https://ift.tt/32vveVH

USD/JPY Rate Outlook Hinges on Federal Reserve Interest Rate Decision

The Federal Reserve interest rate decision may sway the near-term outlook for USD/JPY as the central bank prepares to normalize monetary policy.

USD/JPY Rate Outlook Hinges on Federal Reserve Interest Rate Decision

The Federal Reserve interest rate decision may sway the near-term outlook for USD/JPY as the central bank prepares to normalize monetary policy. Via DailyFX - Market News https://ift.tt/32vveVH

EUR/USD Forecast: Key EUR/USD, EUR/GBP Levels to Watch

Euro maintains uptrend, EUR/GBP rallies continue to be faded.

EUR/USD Forecast: Key EUR/USD, EUR/GBP Levels to Watch

Euro maintains uptrend, EUR/GBP rallies continue to be faded. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Forecast: XAU May See Volatile Trading on FOMC and PCE Data

Gold Prices are looking to rise for a third consecutive week as market volatility and geopolitical tensions support bullion. It may be a volatile one for XAU, with a FOMC announcement and PCE data ...

Gold Price Forecast: XAU May See Volatile Trading on FOMC and PCE Data

Gold Prices are looking to rise for a third consecutive week as market volatility and geopolitical tensions support bullion. It may be a volatile one for XAU, with a FOMC announcement and PCE data ... Via DailyFX - Market News https://ift.tt/32vveVH

Bitcoin (BTC) Breaks Major Support as Global Risk Outlook Sours

Bitcoin volatility returned with vengeance Thursday as BTCUSD took out important support and traded back at lows last seen nearly six months ago.

Bitcoin (BTC) Breaks Major Support as Global Risk Outlook Sours

Bitcoin volatility returned with vengeance Thursday as BTCUSD took out important support and traded back at lows last seen nearly six months ago. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Forecast: AUD/USD Awaits Fed Risk

All eyes on the Fed next week as Aussie would likely outperform on a hawkish disappointment. Via DailyFX - Market News https://ift.tt/32vveVH

USD Q1 2022 Fundamental Forecast: Dollar's Hawkish Path Is Not Necessarily a Bullish One

The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk as... Via DailyFX - Market News https://ift.tt/32vveVH

Rampant Rand Clings on to Best Performing Currency Against USD YTD

The rand has evaded risk aversion today after escalating Russia-Ukraine tensions. USD/ZAR trades at significant levels ahead of SARB and Fed interest rate decisions. Via DailyFX - Market News https://ift.tt/32vveVH

British Pound Holds Ground as Risk Aversion Grips Markets Ahead of Fed Action. Will GBP/USD Break?

The British Pound has steered clear of market meltdown volatility for now as traders were spooked by Fed hikes and geopolitical risk. Where to next for GBP/USD? Via DailyFX - Market News https://ift.tt/32vveVH

Oil Price Susceptible to RSI Sell Signal amid Rise in US Inventories

Looming developments in RSI may indicate a near-term pullback for the price of oil if the oscillator falls below 70 to offer a textbook sell signal. Via DailyFX - Market News https://ift.tt/32vveVH

S&P 500 Index May Lead APAC Lower, Netflix Outlook Disappoints

The S&P 500 index fell for a third day as investors mulled mixed US earnings and the outlook for Fed tightening. Netflix gave dismal outlook for new subscribers growth. APAC markets to open mixed. Via DailyFX - Market News https://ift.tt/32vveVH

New Zealand Dollar Forecast: NZD/USD Falls as Haven Flows Charge US Dollar

The New Zealand Dollar weakened versus the US Dollar overnight as a bearish session on Wall Street prompted increased haven flows. Asia-Pacific trading is likely to see this risk-off move bleed over. Via DailyFX - Market News https://ift.tt/32vveVH

Bitcoin (BTC) Remains Listless – Where Has All the Volatility Gone?

Bitcoin's volatility is at a multi-month low, according to one closely followed technical indicator, leaving the coin stuck in a range. Via DailyFX - Market News https://ift.tt/32vveVH

Elevated Investor Expectations Sees Hang Seng Index (HSI) Up +3.0% After Yet Another Rate Cut

The Hang Seng Index rallied in the Asian session today on the back of the PBOC announcing further rate cuts to their 1 and 5-year LPR rates. Via DailyFX - Market News https://ift.tt/32vveVH

The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions. Via DailyFX - Market News https://ift.tt/32vveVH

Russia, Ukraine Crisis Ignored by Financial Markets?

Tensions between the US and Russia are escalating over the latter’s increased military presence on the Ukrainian border. Are markets underpricing the risk? Via DailyFX - Market News https://ift.tt/32vveVH

Euro Bounces Back as US Dollar Pauses on Yield Dip. Will EU Inflation Ignite the ECB?

The Euro has gained against a softening US Dollar but it is under pressure against the British Pound. Will today's EU inflation data lift EUR/USD. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Forecast: XAU Rewards Bulls, But Silver Provides a Bigger Bounty

Gold prices broke above key resistance overnight, supported by a lull in surging Treasury yields as geopolitical tensions worsen. However, silver looks primed to climb. Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 Falls on Rising Yield Concerns, Will Hang Seng Index follow?

The Nasdaq 100 index fell over 1% as investors mulled rising inflationary pressures and future rate hikes. Upbeat earnings from BoA, Morgan Stanley and P&G failed to lift the broader market. Asia-P... Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Forecast: AUD/USD May Be Primed for Gains on Rosy Jobs Report

The Australian Dollar rose overnight against the US Dollar and may continue strengthening after a rosy Australian jobs report crossed the wires. A potential rate cut from the PBOC is on tap. Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Roars to New Heights, Ignoring a Strong US Dollar. Where To For WTI?

Crude oil has paused its run higher, but supply issues continue to cause concern for an energy complex facing a northern winter. Will WTI trend higher? Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Charges Higher as Treasury Yields Surge and Crude Oil Soars. Where to Next?

The US Dollar has rallied back after last week's sell-off as debt yields lift on rate hikes coming. Will it be enough to make a new high for USD index (DXY)? Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Prices Surge to 7-Year High on Tight Demand, Iraq Pipeline Blast

WTI crude oil prices extended higher to $87 bbl, a level not seen since October 2014. A key oil pipeline from Iraq to Turkey was hit by an explosion, adding pressure to an already tight market. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Down on Yield Surge but Russia-Ukraine Tensions has Bulls Ready to Fire

Gold prices are slightly lower in APAC trading after overnight losses. Still, XAU is holding up relatively well against a big surge in Treasury yields as a military conflict between Russia and Ukra... Via DailyFX - Market News https://ift.tt/32vveVH

Dow Jones Falls as Goldman Sachs Earnings Disappoints, Nikkei 225 May Follow Lower

Wall Street stocks tumbled as Goldman Sachs earnings disappointed, Treasury yields climbed. Crude oil prices surged to a seven-year high. Asia-Pacific markets may trade lower. Via DailyFX - Market News https://ift.tt/32vveVH

AUD/USD Battles US Dollar After Westpac Consumer Confidence Disappoints

The Australian Dollar fell overnight as rising Fed rate hike bets boosted Treasury yields and the Greenback. Australia's consumer confidence fell in January on Omicron fears. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Breaking News: EUR/USD Dismisses Surprise ZEW Economic Sentiment Index Beat

January’s ZEW economic sentiment index print almost doubled since December but soaring U.S. Treasury yields across the curve mute any positivity for the Euro. Via DailyFX - Market News https://ift.tt/32vveVH

Japanese Yen Forecast: Brief USD/JPY Rebound as BoJ Squashes Recent Speculation

BoJ signals no policy shift in near future, initial JPY slide faded as stocks come under pressure Via DailyFX - Market News https://ift.tt/32vveVH

Euro Q1 2022 Fundamental Forecast: Still No Rate Hike, Still No Euro Recovery

After dropping almost continuously for more than six months, you might think that EUR/USD is overdue a substantial rally. The problem is that it remains almost impossible to imagine a catalyst for ... Via DailyFX - Market News https://ift.tt/32vveVH

Euro Wilts as Soaring Treasury Yields Lift US Dollar. Will EUR/USD Break Down?

The Euro gave up last week's gains as US Dollar strength emerged with higher Treasury yields in the aftermath of the BOJ rate decision. Can EUR/USD find support? Via DailyFX - Market News https://ift.tt/32vveVH

Lithium To See Strong Start to Year on Supply Deficit: Top Trade Q1 2022

Amid constrained supply chains and an already small mining base, lithium prices will likely continue to heat up through the first quarter of 2022, driven by increasing electric vehicle demand. Via DailyFX - Market News https://ift.tt/32vveVH

Japanese Yen Slips as BoJ Leaves Policy Unchanged but Sees Higher Inflation. Can USD/JPY rally?

The Japanese Yen dipped immediately after the Bank of Japan left rates unchanged but saw price pressures growing. Where to next for USD/JPY? Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 in Cautious Mood as Yields Climb, Hang Seng Index May Rise

The 10-year Treasury yield climbed for a second day to 1.81%, reaching a two-year high. This may exert downward pressure on the rate-sensitive technology sector. Asia-Pacific markets look set to op... Via DailyFX - Market News https://ift.tt/32vveVH

USD/JPY Gains Before Bank of Japan as 10-Year Treasury Yield Touches New 2022 High

The Japanese Yen fell as the 10-year Treasury yield hit a new 2022 high. USD/JPY is eyeing the Bank of Japan next, but follow-through may depend on more important fundamental drivers. Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Holds Gains as Chinese Data Prompts the PBOC to Act. Where to for WTI?

Oil prices maintained their lofty levels in Asia today after surging last week while the Chinese economic outlook forced the PBOC to act. What does it mean for WTI? Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Eyeing $1,816 as Japanese and Chinese Data Beat Expectations

Gold prices hovered at around $1,816 during Monday’s APAC trade as a slew of Japanese and Chinese economic data bolstered sentiment, defying worries about the impact of the Omicron variant. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Eyes China Q4 GDP Data as APAC Trading Kicks Off

The risk-sensitive Australian Dollar is eyeing China's fourth-quarter GDP growth rate set to cross the wires this morning. AUD/USD faces major resistance If bulls push prices higher. Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Drops Before China GDP, Singapore Dollar Up. Rupiah Eyes Bank of Indonesia

The US Dollar weakened against ASEAN currencies such as the Singapore Dollar and Thai Baht as Emerging Market sentiment improved. Ahead, China GDP and the Bank of Indonesia are in focus. Via DailyFX - Market News https://ift.tt/32vveVH

Japanese Yen Fundamental Forecast: USD/JPY Eyes Bank of Japan

The Japanese Yen managed to gain against its G10 peers last week, a rare occurrence as of late. A potential shift in the Bank of Japan's inflation outlook is on the table. Will USD/JPY react?

Japanese Yen Fundamental Forecast: USD/JPY Eyes Bank of Japan

The Japanese Yen managed to gain against its G10 peers last week, a rare occurrence as of late. A potential shift in the Bank of Japan's inflation outlook is on the table. Will USD/JPY react? Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Technical Forecast: AUD/USD Tests Big Levels

AUD/USD has recovered a portion of its recent losses but bulls have some difficult hurdles to conquer before the trend reverses. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Technical Forecast: AUD/USD Tests Big Levels

AUD/USD has recovered a portion of its recent losses but bulls have some difficult hurdles to conquer before the trend reverses.

Euro Forecast: EUR/USD on the Offensive, but Road Ahead Remains Tough

The Euro took the offensive against the US Dollar last week, but the road ahead for EUR/USD remains tough due to ECB and Fed monetary policy divergences. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Forecast: EUR/USD on the Offensive, but Road Ahead Remains Tough

The Euro took the offensive against the US Dollar last week, but the road ahead for EUR/USD remains tough due to ECB and Fed monetary policy divergences.

Gold Price Tracks January Opening Range Going Into Fed Blackout Period

The price of gold may consolidate during the Federal Reserve’s blackout period as it trades within the opening range for January.

Gold Price Tracks January Opening Range Going Into Fed Blackout Period

The price of gold may consolidate during the Federal Reserve’s blackout period as it trades within the opening range for January. Via DailyFX - Market News https://ift.tt/32vveVH

USD Outlook: Economic Impact from Fed Tightening Shackles Dollar

The tug of war between market expectations and U.S. economic data continues and with Fed tightening on the horizon, will the dollar make the much anticipated push higher?

USD Outlook: Economic Impact from Fed Tightening Shackles Dollar

The tug of war between market expectations and U.S. economic data continues and with Fed tightening on the horizon, will the dollar make the much anticipated push higher? Via DailyFX - Market News https://ift.tt/32vveVH

Bitcoin (BTC), Ethereum (ETH) – Trying to Build a Base Off Multi-Month Lows

After testing support at the start of the week, Bitcoin has picked up a touch, leaving BTC/USD pretty much unchanged on the week.

Bitcoin (BTC), Ethereum (ETH) – Trying to Build a Base Off Multi-Month Lows

After testing support at the start of the week, Bitcoin has picked up a touch, leaving BTC/USD pretty much unchanged on the week. Via DailyFX - Market News https://ift.tt/32vveVH

Michigan Consumer Sentiment Falls to 68.8 as Inflation Dampens Individuals’ Outlook

The University of Michigan’s consumer sentiment dropped to second lowest level in 10 years as inflation weighs on optimism Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Struggle as US Retail Sales, Consumer Confidence Data Approach

Gold prices struggled to capitalize as the US CPI report knocked back the Dollar. The spotlight now turns to retail sales and consumer confidence data, with the Fed outlook in view. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Boosted by US Dollar Decline as Markets Price In Fed Rate Hikes. Where to for EUR/USD?

The Euro continues to move higher as the markets now seem comfortable with their pricing of the Fed's hawkishness. Has EUR/USD put in a low for the year? Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Shrugs off China Trade Surplus Surge, Where to for AUD/USD?

The Australian Dollar brushed aside China’s trade surplus surging as imports materially slowed. If this trend continues, will the AUD/USD be left vulnerable? Via DailyFX - Market News https://ift.tt/32vveVH

S&P 500 Index Pulls Back on Hawkish Fed Comments, APAC to Open Lower

The S&P 500 index plummeted 1.42% following a slew of hawkish-biased Fed speeches. Technology stocks underperformed, weighing on sentiment across Asia Pacific markets. US bank earnings are in focus... Via DailyFX - Market News https://ift.tt/32vveVH

Chinese Yuan Forecast: USD/CNH Targets Key Resistance Ahead of China’s Trade Data

The Chinese Yuan is on track to hold onto its gains versus the US Dollar as the APAC trading week wraps up. APAC traders have China's December trade data and the Bank of Korea rate decision in focus. Via DailyFX - Market News https://ift.tt/32vveVH

USD/CAD Extends Bearish Price Series Ahead of US Retail Sales Report

USD/CAD remains susceptible to a further decline as the exchange rate extends the series of lower highs and lows from the start of the week. Via DailyFX - Market News https://ift.tt/32vveVH

GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way

The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic... Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Surges as US Dollar Wilts Under CPI Burden. Where to Next for WTI?

WTI crude oil made a 2-month high on the back of a soft US Dollar post CPI, and favourable inventory data. Will WTI crack through waiting resistance levels? Via DailyFX - Market News https://ift.tt/32vveVH

Euro Forecast: EUR/USD Greenlighted on ECB Rate Hike Bets, Rising EU Bond Yields

The Euro rose from rising ECB rate hike bets on the back of a hot EU inflation report last week. That helped EUR/USD pierce confluent resistance overnight, aided by rising European yields. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Leaps as the US Dollar Crumbles After US CPI. Where to for XAU/USD?

Gold rallied to the top-end of recent ranges on a weaker US Dollar after an astonishing US CPI figure hit expectations. Can XAU/USD make a new high? Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 Shrugs Off Inflation Concerns, Hang Seng Breaches Key Resistance

The Nasdaq 100 index registered a small gain after the release of US inflation data. The US Dollar fell. Hong Kong’s technology sector may continue to rise, setting a positive tone for the Asia-Pac... Via DailyFX - Market News https://ift.tt/32vveVH

NZD/USD Bulls Target December High After US CPI Fails to Inspire Greenback

The New Zealand Dollar gained along with the Australian Dollar and Chinese Yuan after a red hot US CPI print failed to inspire the US Dollar. A light economic docket leaves prevailing risk trends u... Via DailyFX - Market News https://ift.tt/32vveVH

USD/JPY Outlook Mired by Failure to Defend January Opening Range

USD/JPY may continue to give back the advance from the November low (112.53) as the exchange rate fails to defend the opening range for January. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Coil Up For Breakout. Will US Inflation Data Be The Trigger?

Gold prices are coiling up for breakout as markets weigh the impact of buoyant inflation and a more hawkish Fed on real interest rates. Incoming US CPI data may trigger volatility. Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Sinks as Powell Talks Tough on Inflation Ahead of CPI Data. Can USD Hold On?

The US Dollar took a tumble as Fed Chair Powell put forward his inflation fighting credentials, bringing down long-end Treasury yields. Will USD break lower? Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Surges Past $80 Per Barrel as USD/CAD Plummets. EIA Data on Tap

Crude oil prices surged above $80 overnight after Fed Chair Jerome Powell testified before Congress. The Canadian Dollar followed amid a broadly weaker US Dollar. EIA data is eyed. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Skips a Beat on Softer China CPI and PPI. Where to for AUD/USD?

The Australian Dollarappears comfortable holding recent gains as China's inflation gauges come in lower than expected. Will AUD/USD stay strong? Via DailyFX - Market News https://ift.tt/32vveVH

Dow Jones Advances After Powell Testimony, Hang Seng May Follow Higher

Wall Street equities gained after Federal Reserve Chair Jerome Powell reassured investors that the central bank will contain inflation without hurting the economy. Asia-Pacific markets may open hig... Via DailyFX - Market News https://ift.tt/32vveVH

NZD/USD Rate Defends January Opening Range Ahead of US CPI

NZD/USD may stage a larger rebound over the coming days as the exchange rate defends the opening range for January. Via DailyFX - Market News https://ift.tt/32vveVH

AUD/USD Eyes Chinese Inflation Data After US Dollar Takes Hit on Powell Testimony

The Australian Dollar gained versus a broadly weaker US Dollar after Fed Chair Powell testified before Congress overnight. Chinese inflation and factory-gate prices are on tap for today's APAC sess... Via DailyFX - Market News https://ift.tt/32vveVH

Long GBP/JPY as the Carry Trade Theme Re-Emerges in 2022: Top Trade Q1 2022

The Yen remains a popular currency in FX markets for many reasons and in this case it's due to its appeal in the "carry trade". A carry trade exists whenever you have two currencies with diverging ... Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 & ARKK Blast Higher, but US CPI Data May Spark a Reversal. Dead Cat Bounce?

Nasdaq 100 & ARKK built on yesterday's recovery and posted big gains on Tuesday, but the rebound could soon be reversed if U.S. inflation data triggers further rises in bond yields. Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Prices at Risk on Powell Hearing, Waning Demand Cues

Crude oil prices are at risk of deeper losses. Fed Chair Powell may strike a hawkish tone at a Senate confirmation hearing while data warns of ebbing demand. Via DailyFX - Market News https://ift.tt/32vveVH

Establish Your Baseline Trading Targets, and Make Sure to Maintain Them

In 2021, I became sloppier with sticking to my established baseline trading targets. These are derived from your risk-reward ratios and include the maximum you are willing to take a loss on any giv... Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Solid Ahead of CPI and Fed Chair Powell Confirmation. Will USD Run Higher?

The US Dollar holds the high ground ahead of CPI and Fed Chair Powell's confirmation hearing as the market ups the ante on rate hikes. Where to for the USD? Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms

Gold prices are rising this week despite an aggressive shift in hawkish Fed rate hike bets. Bullion traders have a close eye on Fed Chair Powell's confirmation hearing and incoming CPI data. Via DailyFX - Market News https://ift.tt/32vveVH

Nikkei 225 and Hang Seng Index in Cautious Mood After a Choppy US Session

The Nasdaq 100 dropped as much as 2.7% before paring losses on Monday, holding above a key support level. The 10-year Treasury yield retreated to 1.76%. Asia-Pacific markets look set to open in cau... Via DailyFX - Market News https://ift.tt/32vveVH

AUD/USD at Key Level as Australian Retail Sales and Trade Balance Nears

AUD/USD faces a key price level as Australia readies to release trade and retail sales data amid surging Omicron cases. Meanwhile, traders remain cautious ahead of US and Chinese inflation data. Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Prices May Turn as Markets Weigh Inflation, Fed Outlook

Crude oil prices stalled near the $80/bbl figure on the WTI benchmark as US jobs data flagged ‘stagflation’ worries. How the Fed may respond is in focus this week. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Boosted by Weaker US Dollar After Jobs Data. Can EUR/USD Break Higher?

The Euro found support when the US Dollar weakened on Friday, but it has given up some ground in Asia today. How long will EUR/USD be range bound? Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Forecast: CPI Data Risks Souring Emerging Market Sentiment, Currencies

The US Dollar rose against the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso. All eyes are on US inflation data as a more hawkish Fed risks souring Emerging Market sentiment. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Holds Ground as US Dollar Falls and Real Yields Rise. Where to for XAU/USD?

Gold has remained steady as a weakening US Dollar was largely offset by higher real yields in the aftermath of non-farm payroll numbers. Will XAU/USD fall? Via DailyFX - Market News https://ift.tt/32vveVH

S&P 500 Retreats Amid Rate Hike Fears, Hang Seng and ASX 200 May Follow Lower

Wall Street stocks retreated on Friday after the release of solid US jobs data. Treasury yields climbed. Asia-Pacific markets look set to open modestly lower as investors worry about Fed rate hikes... Via DailyFX - Market News https://ift.tt/32vveVH

AUD/USD Eyed to Gauge Risk as Traders Eye Incoming US and Chinese CPI

AUD/USD is slightly lower in early Asia-Pacific trading, as US and Chinese inflation data approach following a sour week of trading after the Fed's pace of rate hikes are seen accelerating. Via DailyFX - Market News https://ift.tt/32vveVH

Weekly Fundamental US Stocks Forecast: Inflation Data in Focus After FOMC Minutes, NFP

Will another hot US inflation report further stoke fears of an aggressive Fed policy tightening cycle? Via DailyFX - Market News https://ift.tt/32vveVH

Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Gold, CPI, Powell Hearing

The Dow Jones suffered much less than the Nasdaq 100 this past week as hawkish Federal Reserve bets dragged down the tech sector. The US Dollar is on the rise again with Treasury yields, leaving go... Via DailyFX - Market News https://ift.tt/32vveVH

Weekly Fundamental US Stocks Forecast: Inflation Data in Focus After FOMC Minutes, NFP

Will another hot US inflation report further stoke fears of an aggressive Fed policy tightening cycle?

Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Gold, CPI, Powell Hearing

The Dow Jones suffered much less than the Nasdaq 100 this past week as hawkish Federal Reserve bets dragged down the tech sector. The US Dollar is on the rise again with Treasury yields, leaving go...

S&P 500 Forecast for the Week Ahead

Soft start to 2022 for equities as Fed hawks bring QT back into the equation. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Forecast: EUR/USD Rebound Vulnerable to Rising US Inflation

The US Dollar Index (DXY) may reestablish an upward trend following the Federal Reserve interest rate decision as it appears to be trading within a bull flag formation.

Euro Forecast: EUR/USD Rebound Vulnerable to Rising US Inflation

The US Dollar Index (DXY) may reestablish an upward trend following the Federal Reserve interest rate decision as it appears to be trading within a bull flag formation. Via DailyFX - Market News https://ift.tt/32vveVH

British Pound Outlook: GBP/USD, EUR/GBP, GBP/JPY Technical Forecast

The British Pound (GBP) has remained resilient against USD, EUR and JPY as price action tests critical levels. GBP/USD, EUR/GBP, GBP/JPY technical levels.

British Pound Outlook: GBP/USD, EUR/GBP, GBP/JPY Technical Forecast

The British Pound (GBP) has remained resilient against USD, EUR and JPY as price action tests critical levels. GBP/USD, EUR/GBP, GBP/JPY technical levels. Via DailyFX - Market News https://ift.tt/32vveVH

Gold Prices Eye Fed Chair Jerome Powell Testimony and Inflation Data

Gold prices fell last week as Fed rate hike bets strengthened. Bullion traders expect a busy week ahead, with Fed Chair Jerome Powell set to testify before Congress and CPI data set to cross the wi...

Gold Prices Eye Fed Chair Jerome Powell Testimony and Inflation Data

Gold prices fell last week as Fed rate hike bets strengthened. Bullion traders expect a busy week ahead, with Fed Chair Jerome Powell set to testify before Congress and CPI data set to cross the wi... Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Outlook: US Dollar, Fed, RBA, Commodities. Is AUD/USD Trapped?

The Australian Dollar depreciated last week after Fed hawkishness lifted US yields and the US Dollar. Will interest rates or commodities drive AUD/USD?

Australian Dollar Outlook: US Dollar, Fed, RBA, Commodities. Is AUD/USD Trapped?

The Australian Dollar depreciated last week after Fed hawkishness lifted US yields and the US Dollar. Will interest rates or commodities drive AUD/USD? Via DailyFX - Market News https://ift.tt/32vveVH

The Psychology of Speculation in the Forex Market

Find out how to develop a positive trading mindset to speculate on forex like a professional. Via DailyFX - Market News https://ift.tt/32vveVH

GBP Fundamental Forecast: Sterling May be due a Breather but Remains Bullish

The Pound Sterling continues its stellar performance and while it may be due a pullback, the outlook remains bullish

GBP Fundamental Forecast: Sterling May be due a Breather but Remains Bullish

The Pound Sterling continues its stellar performance and while it may be due a pullback, the outlook remains bullish Via DailyFX - Market News https://ift.tt/32vveVH

NFP: Non-Farm Payrolls Prints at +199k, Unemployment Rate 3.9%

This morning brought the release of Non-Farm Payrolls for the month of December, with a headline print of 199k v/s the expectation of +400k. Via DailyFX - Market News https://ift.tt/32vveVH

NZD/USD Falls on Stronger US Dollar as Fed Rate Hike Bets Accelerate

The New Zealand Dollar fell sharply overnight as traders priced in a more aggressive US rate hike outlook. Meanwhile, the Chinese Yuan fell to its weakest level since November versus the US Dollar. Via DailyFX - Market News https://ift.tt/32vveVH

S&P 500 Subdued on Fast and Furious Fed Tightening Roadmap, NFP Eyed for Direction

U.S. stocks were mixed on Thursday, ending the day slightly lower on investor caution over expectations that the Federal Reserve will embark on an aggressive tightening cycle. Via DailyFX - Market News https://ift.tt/32vveVH

USD/JPY Rate Pullback Generates RSI Sell Signal Ahead of NFP Report

USD/JPY may face a larger pullback ahead of the US Non-Farm Payrolls (NFP) report as the Relative Strength Index (RSI) slips below 70 to indicate a textbook sell signal. Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, AUD/USD

The US Dollar remains in range, as does EUR/USD. But, both GBP/USD and AUD/USD present trending potential ahead of tomorrow's NFP report. Via DailyFX - Market News https://ift.tt/32vveVH

Stock Markets Maintain Losses as US ISM Misses Expectations

US ISM misses expectations, prices paid remains elevated Via DailyFX - Market News https://ift.tt/32vveVH

Euro Forecast: Dollar Fundamentals in Focus, EUR/USD Hovers Near 1.13

Markets lie in wait as tomorrow’s NFP data could give EUR/USD traders insights into directional bias. The Euro remains flat today while ISM services data could move markets later today. Via DailyFX - Market News https://ift.tt/32vveVH

What Is The Metaverse Anyway?

Facebook announced it's changing its name to "Meta", signaling that 3D virtual reality platforms are about to expand in a big way. Via DailyFX - Market News https://ift.tt/32vveVH

Oil Price Forecast: Crude on Track to Fill November Price Gap

The price of oil appears to be on track to fill the price gap from November as it clears the December high ($77.44). Via DailyFX - Market News https://ift.tt/32vveVH

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

At the start of 2022, central banks appear ready to move aggressively on rate hikes. Via DailyFX - Market News https://ift.tt/32vveVH

Australian Dollar Technical Analysis: AUD/USD, AUD/JPY

The Aussie continues to trend with a full head of steam: AUD/USD is approaching a big spot of resistance and bulls may see favor here, but AUD/JPY may be more attractive on the long side. Via DailyFX - Market News https://ift.tt/32vveVH

Euro Technical Analysis: EUR/JPY Heads Towards Range Top; EUR/USD Consolidates; EUR/GBP Breaks Support

The three major EUR-crosses each have a unique story to tell. Via DailyFX - Market News https://ift.tt/32vveVH

EUR/GBP Price Outlook: EURGBP Grinds Lower after EU PMI Disappoints

The Euro continues to underperform when compared to the more hawkish BoE-backed Sterling. Policy divergence continues into 2022 Via DailyFX - Market News https://ift.tt/32vveVH

Dow Jones Shines but ARKK Flops as Divergence Between Value & Growth Widens

The transition to higher rates may hurt growth and tech plays in 2022, but the value segment can withstand this headwind, leaving the Dow Jones well-placed to outperform other equity indices. Via DailyFX - Market News https://ift.tt/32vveVH

Currency Carry Trade: What is it and how does it work?

Learn how to calculate and implement currency carry trades in your forex trading strategy. Via DailyFX - Market News https://ift.tt/32vveVH

British Pound Technical Analysis: GBP/USD, GBP/JPY

What a difference a month can make: After limping into December trade the beleaguered British Pound has found a new lease on life after the BoE hike last month. Via DailyFX - Market News https://ift.tt/32vveVH

USD Breaking News: U.S. Dollar Fades on ISM Manufacturing PMI Miss

The ISM Manufacturing PMI slip followed that of the IHS Markit print yesterday but employment and pricing measures may provide upside support for the U.S. dollar. Via DailyFX - Market News https://ift.tt/32vveVH

Crude Oil Price Remains Elevated Ahead of OPEC+ Supply News

Crude oil is near its best level in six weeks as traders wait for OPEC+ to confirm whether they are going to increase daily oil supply by 400k barrels next month. Via DailyFX - Market News https://ift.tt/32vveVH

The 2022 Carry Trade: GBP/JPY Surges Higher as Rates Differential Gains Momentum

GBP rates markets continue to price in rather aggressive rate hikes throughout 2022, providing an opportunity for ‘carry trades’ involving low yielding currencies (Yen) Via DailyFX - Market News https://ift.tt/32vveVH

US Dollar Jumps Up as Treasury Yields Leap on Fed Expectations. Where To From Here?

The US Dollar index benefitted from the market raising bets on rate hikes by the Federal Reserve beyond what was already priced in. Will USD continue higher? Via DailyFX - Market News https://ift.tt/32vveVH

Gold Price Slips as US Dollar Roars on Higher Treasury Yields. Where to for XAU/USD?

Gold prices made a 6-week high before collapsing to kick-off the year, as higher interest rates lifted the US Dollar. Will XAU/USD continue lower? Via DailyFX - Market News https://ift.tt/32vveVH

Copper Prices Pullback on Surging US Treasury Yields, Stronger Greenback

Copper prices came under pressure as rising US Treasury yields reflected a strong bout of risk-on sentiment to kick off 2022. Via DailyFX - Market News https://ift.tt/32vveVH

Nasdaq 100 Starts the Year with a Bang as Tesla Gains 13%, Reopening Stocks Surge

US stocks start of the new year on the front foot, with the reopening basket and cyclicals leading the charge higher, as investors bet the economy will soon overcome the COVID-19 crisis. Via DailyFX - Market News https://ift.tt/32vveVH

Canadian Dollar Technical Analysis: USD/CAD, CAD/JPY

Major support levels are taking a toll in the Canadian Dollar, with a strong bounce in USD/CAD showing as CAD/JPY is testing a key area on that chart. Via DailyFX - Market News https://ift.tt/32vveVH

3 Trading Exit Strategies – How to Exit a Profitable Trade

Explore 3 trading exit strategies that traders should consider when looking to get out of a trade. Via DailyFX - Market News https://ift.tt/32vveVH

Q1 2022 Fundamental and Technical Forecasts

Cross-asset fundamental and technical forecasts that will help traders navigate major markets in Q1 2022.

Q1 2022 Fundamental and Technical Forecasts

Cross-asset fundamental and technical forecasts that will help traders navigate major markets in Q1 2022. Via DailyFX - Market News https://ift.tt/32vveVH

Q1 2022 Top Trade Opportunities

Analysts at DailyFX and tastytrade share their top trade opportunities across forex, commodities, and indices for Q1 2022. Via DailyFX - Market News https://ift.tt/32vveVH

Long Airline Stocks (UAL / LUV / AAL / BA) : Top Trade Q1 2022

We are in the midst of another COVID-19 variant, and the expected winter wave. This has resulted in a selloff in sectors that thrive on human participation, namely airline & casino stocks. Via DailyFX - Market News https://ift.tt/32vveVH

Boeing… Down but Not Out? : Top Trade Q1 2022

The woes for Boeing stock started about a year before the pandemic as the second 737 Max tragedy pulled the stock from all-time highs, above $437, down below $360. As the pandemic struck, shares fe... Via DailyFX - Market News https://ift.tt/32vveVH

Short GBP/JPY on Pandemic Pessimism and UK Political Risk: Top Trade Q1 2022

If you are pessimistic about the impact on the global economy of Covid-19 in general, and the possibility of new variants in particular, then going short GBP/JPY is a trade worth considering. Via DailyFX - Market News https://ift.tt/32vveVH

Short USDJPY and Nasdaq 100–Dow Ratio on the Same Risk Reprieve: Top Trade Q1 2022

Looking into the opening quarter of 2022, there seems a high threshold for exuberance. That descriptor of sentiment ('exuberance') should relay the difficulty of sustaining the charge that speculat... Via DailyFX - Market News https://ift.tt/32vveVH

MARA for Bitcoin Exposure: Top Trade Q1 2022

Digital assets have been one of the stories of 2021 but have been largely untradeable outside of spot trading due to size and lack of options availability. BTC the bitcoin futures trade at a 5 Bitc... Via DailyFX - Market News https://ift.tt/32vveVH

New Variant Greets New Year: Top Trade Q1 2022

As the calendar turns to 2022, the slate is wiped clean of the buoyant enthusiasm that carried risk markets higher through the second half of 2020 and all of 2021. Aggressive fiscal stimulus is now... Via DailyFX - Market News https://ift.tt/32vveVH

Riding The Bull Flattener: Top Trade Q1 2022

Long UST 30YR, UST YC 2s10s Bull Flattener on monetary policy tightening, decelerating economic growth rates. Via DailyFX - Market News https://ift.tt/32vveVH

Long CAD/JPY as Interest Rate Differential Begins to Bite: Top Trade Q1 2022

The coming year will see a raft of global central banks reversing their loose, pandemic monetary settings of the last two-years decisions and begin to normalize monetary policy by withdrawing emerg... Via DailyFX - Market News https://ift.tt/32vveVH

Long USD/ZAR as Major Central Banks Reign in Stimulus: Top Trade Q1 2022

The South African Rand (ZAR) is one of the top performing EM currencies vs the dollar for 2021, but risks mount as central banks gear up to reign in stimulus and push hike rates. Via DailyFX - Market News https://ift.tt/32vveVH

Long GBP/JPY: Top Trade Q1 2022

Carry trades haven’t exactly been at the forefront of the minds of investors across the FX space in Q4 amid a sizeable unwind in reflation trades. However, should we see risk sentiment stabilise in... Via DailyFX - Market News https://ift.tt/32vveVH