Markets Week Ahead: S&P 500, US Dollar, Gold, AUD/USD, GBP/USD, RBA, BoE, NFP

It is another busy week ahead for traders, with several potentially high-impact events that could shift market sentiment and Fed rate hike bets. July closed out with strong gains for risk assets.

S&P 500, FTSE 100 Week Ahead: NFP, ISM and BoE Rate Decision

S&P 500 registers best month since November 2020. FTSE 100 breaks above 100 and 200DMA

S&P 500, FTSE 100 Week Ahead: NFP, ISM and BoE Rate Decision

S&P 500 registers best month since November 2020. FTSE 100 breaks above 100 and 200DMA Via DailyFX - Market News https://ift.tt/aKnX8jR

USD/CAD Forecast: US, Canada Employment Reports in Focus

Fresh data prints coming out of the US and Canada may influence the near-term outlook for USD/CAD amid the ongoing shift in monetary policy.

USD/CAD Forecast: US, Canada Employment Reports in Focus

Fresh data prints coming out of the US and Canada may influence the near-term outlook for USD/CAD amid the ongoing shift in monetary policy. Via DailyFX - Market News https://ift.tt/4zwoRtT

Euro Week Ahead: Non-Farm Payrolls in Focus. Will Jobs Market Offset Slowing Economy?

The Euro slightly gained as the US Dollar weakened. US GDP shrinking once again placed more focus on a pivot from the Federal Reserve. Are markets wrong? All eyes are on non-farm payrolls data.

Euro Week Ahead: Non-Farm Payrolls in Focus. Will Jobs Market Offset Slowing Economy?

The Euro slightly gained as the US Dollar weakened. US GDP shrinking once again placed more focus on a pivot from the Federal Reserve. Are markets wrong? All eyes are on non-farm payrolls data. Via DailyFX - Market News https://ift.tt/4zwoRtT

Gold Price Outlook Turns Bullish as July FOMC Meeting Marks Peak Fed Hawkishness

Gold prices could continue to recover in the near term as weakening US economic data could prompt a Fed monetary policy pivot later this year, a scenario that could weigh on Treasury yields.

Gold Price Outlook Turns Bullish as July FOMC Meeting Marks Peak Fed Hawkishness

Gold prices could continue to recover in the near term as weakening US economic data could prompt a Fed monetary policy pivot later this year, a scenario that could weigh on Treasury yields. Via DailyFX - Market News https://ift.tt/4zwoRtT

Crypto Week Ahead: BTC, ETH Bull Run Resumes Post FOMC Meeting, BTC Hits 6-Week High

BTC and ETH are increasingly tackling higher resistance levels. BTC July gains could top 20%.

Crypto Week Ahead: BTC, ETH Bull Run Resumes Post FOMC Meeting, BTC Hits 6-Week High

BTC and ETH are increasingly tackling higher resistance levels. BTC July gains could top 20%. Via DailyFX - Market News https://ift.tt/4zwoRtT

Australian Dollar Outlook: US Dollar Gyrations Dominate AUD

The Australian Dollar rollicked through the week, with CPI coming in high but below expectations before the Fed and US GDP decimated the US Dollar, lifting AUD/USD.

Australian Dollar Outlook: US Dollar Gyrations Dominate AUD

The Australian Dollar rollicked through the week, with CPI coming in high but below expectations before the Fed and US GDP decimated the US Dollar, lifting AUD/USD. Via DailyFX - Market News https://ift.tt/yuvdZG3

Japanese Yen Forecast: USD/JPY Capitulation as Bulls Rush For The Exit

USD extends pullback, Euro lifted above 1.02, AUD awaits local CPI report Via DailyFX - Market News https://ift.tt/yuvdZG3

7 Step Trading Checklist Before Entering Any Trade

A checklist is a vital part of the trading process; helping traders to be disciplined and confident. Via DailyFX - Market News https://ift.tt/yuvdZG3

British Pound Latest – GBP/USD Pushing Higher on US Dollar Weakness

Cable is slowly pushing higher after having printed a two-year+ 1.1760 low in mid-July and the chart continues to show some bullish signs. Via DailyFX - Market News https://ift.tt/yuvdZG3

Euro Trapped in a Range Despite Broad US Dollar Weakness. Will EUR/USD Breakout?

The Euro has failed to capitalise on a sliding US Dollar after a Fed rate hike and soft US GDP figures saw USD/JPY make a six-week low. Will EUR/USD rally? Via DailyFX - Market News https://ift.tt/yuvdZG3

Gold Prices May Rise if the Fed’s Ideal Inflation Gauge Softens After GDP Shrank

Gold prices soared as the US economy shrank in the second quarter, boosting bets of a Fed pivot. Softer PCE data on Friday could further boost XAU/USD. Via DailyFX - Market News https://ift.tt/yuvdZG3

AUD/USD Holds Above 50-Day SMA Ahead of RBA Rate Decision

AUD/USD may continue to appreciate ahead of the Reserve Bank of Australia (RBA) interest rate decision on August 2 as it holds above the 50-Day SMA (0.6968). Via DailyFX - Market News https://ift.tt/RuZnS1M

Bitcoin Prices Poised for More Gains as Risk Assets Gain After Weak US GDP

A weaker-than-expected US second-quarter GDP print was good news for stocks on Wall Street. The risk-on shift sent the US Dollar lower and Bitcoin prices higher, clearing key technical levels. Via DailyFX - Market News https://ift.tt/RuZnS1M

AUD/USD Forecast: Can Aussie Get Up Above 0.70 After Retail Sales Miss?

AUD/USD is trading mixed this morning as commodities, market sentiment and local economic data grapple for pole position. Via DailyFX - Market News https://ift.tt/RuZnS1M

US Dollar Tanks on Tilting Fed Rate Hike Guidance Ahead of US GDP. Will USD Recover?

The US Dollar gave up ground today as the Federal Reserve changed tack on future rate move indications which was interpreted as less hawkish by the market. Via DailyFX - Market News https://ift.tt/RuZnS1M

Gold Prices Rise Ahead of US GDP and PCE Data. Is More XAU Gains Ahead?

Gold prices rose after traders trimmed FOMC rate hike bets after the Fed policy announcement. Bullion prices look poised to continue rising, but GDP and PCE data present potentially major risks to ... Via DailyFX - Market News https://ift.tt/RuZnS1M

Crude Oil Price Boosted by Dwindling Inventories and a Soft US Dollar After Fed Hike

Crude oil got a lift from data that revealed stockpiles of black gold had fallen in the US and a post Fed sell off for the US Dollar. Will WTI continue to climb? Via DailyFX - Market News https://ift.tt/WeMSUF7

EUR/USD Post-Fed Rebound Susceptible to US GDP, PCE Report

EUR/USD may struggle to retain the rebound from the yearly low (0.9952) as US data prints are likely to keep the Federal Reserve on track to implement higher interest rates. Via DailyFX - Market News https://ift.tt/WeMSUF7

Australian Dollar Eyes Retail Sales as Iron Ore Rises, US Dollar Falls

The Australian Dollar may continue rising against the US Dollar if Australian retail sales impress as iron ore prices rise. AUD/USD is nearing its post-wedge breakout target. Via DailyFX - Market News https://ift.tt/WeMSUF7

When Can S&P 500 Volatility Break a Stock Diversification Strategy? Analyzing the VIX

When S&P 500 volatility is too high, a stock sector diversification strategy can fail. Using the VIX, what levels should traders watch for to identify this risk and what can be done about it? Via DailyFX - Market News https://ift.tt/WeMSUF7

US Dollar Holds the High Ground Ahead of Fed Decision While Crude Oil Languishes

The US Dollar mostly held onto overnight gains as the market jockeys for position ahead of the Fed decision later today. Will a hike boost USD to sink WTI? Via DailyFX - Market News https://ift.tt/WeMSUF7

Australian Dollar Drops on Soft CPI that Takes the Heat Out of RBA Meeting Next Week

The Australian Dollar fell after the much-anticipated Q2 CPI came in below expectations at 6.1%. Will an RBA hike help or hinder AUD/USD? Via DailyFX - Market News https://ift.tt/WeMSUF7

Australian Dollar Drops as Soft CPI Takes the Heat Out of the RBA Next Week

The Australian Dollar fell after the much-anticipated Q2 CPI came in below expectations at 6.1%. Will an RBA hike help or hinder AUD/USD? Via DailyFX - Market News https://ift.tt/9sTZX2f

USD/CAD Climbs Back Above 50-Day SMA Ahead of Fed Rate Decision

The Federal Reserve interest rate decision may keep USD/CAD above the 50-Day SMA (1.2854) as the central bank is expected to deliver another 75bp rate hike. Via DailyFX - Market News https://ift.tt/9sTZX2f

NZD/USD Submits to Stronger US Dollar as Traders Prep for Volatility

The New Zealand Dollar fell as an overnight risk-off move supported the US Dollar. APAC traders are bracing for several high-impact events over the next 24 hours, including Australian inflation data. Via DailyFX - Market News https://ift.tt/9sTZX2f

Gold Price Bottled-Up By Incoming US Data and Risk Barrage

Gold is being held in check so far this week as high-importance events in the US near. Is the precious metal priming itself for a breakout? Via DailyFX - Market News https://ift.tt/9sTZX2f

US Dollar Poised for Action Ahead of the Fed and GDP Event Risk. Where to for DXY?

The US Dollar gave up some ground today as markets ponder an imminent Fed rate hike that has stoked growth concerns but lifted some commodities. Will a hike lift the USD? Via DailyFX - Market News https://ift.tt/9sTZX2f

Copper Price Forecast: US Dollar, FOMC, Miners to Dictate Red Metal Prices

Copper prices are taking advantage of a softer US Dollar but the week ahead presents a variety of risks to the red metal. Meanwhile, the technical outlook suggests that the red metal may resume fal... Via DailyFX - Market News https://ift.tt/9sTZX2f

Crude Oil Price Caught in Crosswinds Ahead of the Fed. Will Recession Fears Weigh on WTI?

Crude oil found firm footing to start the week as the market prepares for the Fed meeting that has pitched recession fears against decreasing demand. Will WTI find a base? Via DailyFX - Market News https://ift.tt/9sTZX2f

Gold Price Outlook Vulnerable to Restrictive Fed Policy

The Federal Reserve interest rate decision may drag on the price of gold as the central bank shows a greater willingness to implement a restrictive policy. Via DailyFX - Market News https://ift.tt/EV6W4rF

AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns

The Australian Dollar rose overnight against a slightly weaker US Dollar despite weakness on Wall Street. The economic docket is light for today, but traders are preparing for a busy week ahead. Via DailyFX - Market News https://ift.tt/EV6W4rF

Oil Price Forecast: WTI Susceptible to Recession Fears, US Q2 GDP on Thursday

Crucial week for oil since it generally tracks the state of the global economy. Divergence between the Fed’s and economists’ Q2 forecasts suggests elevated volatility Via DailyFX - Market News https://ift.tt/EV6W4rF

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/EV6W4rF

Euro Consolidates Post ECB Hike as US Dollar Eyes Fed Move. Where to for EUR/USD?

The Euro has traded in a range for the last week despite the ECB lifting rates by more than expected. The focus now shifts to the Fed decision this week. Will it move EUR/USD? Via DailyFX - Market News https://ift.tt/EV6W4rF

Gold Price Gains as US Dollar and Yields Look to the Fed. Will XAU/USD Recover?

Gold has found some support to buck the down trend with the US Dollar and yields sliding from their recent peaks. If USD ticks up again, will XAU/USD be undermined? Via DailyFX - Market News https://ift.tt/EV6W4rF

Australian Dollar Forecast: AUD/USD Faces a Busy Week Ahead

The Australia Dollar traded higher last week as global sentiment improved. AUD/USD faces another buys week ahead, with Australian Q2 inflation data due out. Traders are also watching newswires out ... Via DailyFX - Market News https://ift.tt/7Pd3iWV

Weekly Fundamental US Dollar Forecast: July Fed Meeting in Focus

Markets are discounting a 75-bps rate hike from the Fed this week. Is that enough for the US Dollar? Via DailyFX - Market News https://ift.tt/7Pd3iWV

Stock Market Weekly Forecast: S&P 500 & DAX 40

Bear market rally running out of steam as US data slows. Fed expected to hike another 75bps. Via DailyFX - Market News https://ift.tt/7Pd3iWV

Crude Oil Fundamental Forecast: Demand Destruction Outweighs Supply Concerns

WTI prices have declined rather significantly as recession concerns build despite supply remaining extremely tight. Next week's Fed rate hike could add to that

Crude Oil Fundamental Forecast: Demand Destruction Outweighs Supply Concerns

WTI prices have declined rather significantly as recession concerns build despite supply remaining extremely tight. Next week's Fed rate hike could add to that Via DailyFX - Market News https://ift.tt/7Pd3iWV

USD/JPY Outlook: Will the Japanese Yen Keep Weakening Against the US Dollar?

USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.

USD/JPY Outlook: Will the Japanese Yen Keep Weakening Against the US Dollar?

USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity. Via DailyFX - Market News https://ift.tt/7Pd3iWV

Gold Price Forecast: XAU/USD Reversal Might be Premature. Eyes on Fed, GDP and PCE

Gold prices rallied this past week, but markets might be getting ahead of themselves. A hawkish Federal Reserve, US GDP and PCE data could weigh against XAU/USD in the week ahead. Via DailyFX - Market News https://ift.tt/hliwOB9

Crypto Forecast: BTC, ETH Lead Rally as ‘Merge’ Date Announced; Risk Event Ahead

Too early to call the Crypto winter over…is the Ethereum ‘Merge’ driving the rally? Via DailyFX - Market News https://ift.tt/hliwOB9

AUD/USD Weekly Forecast: Resilient Aussie Buoyed by Commodities Despite PMI Miss, Fed in Focus

A strong close last week sets up AUD/USD for the upcoming data heavy week with focus on the Fed. Via DailyFX - Market News https://ift.tt/hliwOB9

British Pound (GBP) Latest: GBP/USD Struggles Despite UK PMIs

GBP struggles, ranges set ahead of FOMC Via DailyFX - Market News https://ift.tt/3zN10Vf

How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions. Via DailyFX - Market News https://ift.tt/3zN10Vf

USD/JPY Outlook – Drifting Lower Ahead of a Big US Data and Event Week

The Bank of Japan bought a record amount of Japanese government debt last month as the central bank continues with its ultra-accommodative monetary policy. Via DailyFX - Market News https://ift.tt/3zN10Vf

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market. Via DailyFX - Market News https://ift.tt/3zN10Vf

Euro Breaking News: German and EZ PMI’s Touch Contractionary Territory, Parity Resurgence?

EUR/USD bears are back at it this morning in reaction to weak EZ PMI data as markets await U.S. PMI’s later today. Via DailyFX - Market News https://ift.tt/3zN10Vf

Australian Dollar Q3 2022 Forecast: Fed’s Lost Credibility is Noted by RBA

The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation. Via DailyFX - Market News https://ift.tt/3zN10Vf

Nasdaq 100 Extends Recovery on Wall Street, Will the ASX 200 and Nikkei 225 Follow?

The Nasdaq 100 soared as Wall Street continued recovering, setting the stage for continuation in Asia. Will the ASX 200 and Nikkei 225 push higher to finish off the week? Via DailyFX - Market News https://ift.tt/3zN10Vf

Bitcoin Prices Stall Despite Weak US Dollar as China Risk Lingers

Bitcoin prices stalled after narrowly rising above resistance despite a softer US Dollar. Meanwhile, China continues to grapple with Covid as Australian PMIs show slower economic growth. Via DailyFX - Market News https://ift.tt/3zN10Vf

Euro Braces for Impact as the ECB Starts Rate Hike Cycle, Draghi Ponders Fate

The Euro is bracing for impact as markets await the fate of Italian Prime Minister Mario Draghi while the ECB readies a pivotal policy announcement. Nord Stream 1 has come to life. Via DailyFX - Market News https://ift.tt/FNbMt7x

Gold Prices on Course for Worst Month in Over a Year, More Pain Ahead for XAU/USD?

Gold prices are on course for the worst month in over a year despite weakness in the US Dollar in recent days. Ahead, all eyes are on the ECB rate decision amid global monetary tightening. Via DailyFX - Market News https://ift.tt/FNbMt7x

Crude Oil Price Rebound Stalls to Keep Descending Channel Intact

The price of oil may give back the advance from the monthly low ($90.56) as it continues to trade within a descending channel. Via DailyFX - Market News https://ift.tt/FNbMt7x

NZD/USD Muted on Trade Balance as APAC Markets Eye BOJ Decision

The New Zealand Dollar is slightly weaker in early APAC trading after the country's trade balance fell back into deficit. The Bank of Japan's policy decision is set to cross the wires. Via DailyFX - Market News https://ift.tt/FNbMt7x

Euro Q3 2022 Forecast: Euro May Fall Anew as Debt Crisis Fears Dilute ECB Rate Hikes

The Euro has steadily depreciated against a basket of major currencies since Dec. 2020. Tellingly, that turning point coincided with topping gold prices and the start of a creep higher in Fed rate ...

Euro Q3 2022 Forecast: Euro May Fall Anew as Debt Crisis Fears Dilute ECB Rate Hikes

The Euro has steadily depreciated against a basket of major currencies since Dec. 2020. Tellingly, that turning point coincided with topping gold prices and the start of a creep higher in Fed rate ... Via DailyFX - Market News https://ift.tt/pHyb65z

Gold Price Wallows Despite Soft US Dollar and Buoyant Risk Appetite. Will XAU/USD Rally?

The gold price has barely bounced from last week's low despite broad US Dollar weakness permeating markets as risk sentiment turned rosy. Where to for XAU/USD? Via DailyFX - Market News https://ift.tt/pHyb65z

Crude Oil Prices Poised to Resume Climb After EIA Data

Crude oil prices are moderating after a multi-day rally that was aided by a weaker US Dollar and risk-on flows. Traders are likely sitting on the sidelines ahead of tonight's EIA inventory data. Via DailyFX - Market News https://ift.tt/pHyb65z

Australian Dollar Soars on US Dollar Weakness While RBA Faces Review. Higher AUD/USD?

The Australian Dollar has rallied on improving risk sentiment but the announcement of details of a review into the RBA might cloud rate hikes. Will AUD/USD rally anyway? Via DailyFX - Market News https://ift.tt/pHyb65z

USD/JPY Pullback Emerges Ahead of BoJ Interest Rate Decision

The Bank of Japan (BoJ) interest rate decision may prop up USD/JPY as the central bank remains reluctant to move away from its easing cycle. Via DailyFX - Market News https://ift.tt/pHyb65z

Bitcoin Rallies into APAC Trading as Market Sentiment Brightens

Bitcoin and US stocks rallied overnight as traders look past a looming recession. China may cut its 5-year Loan Prime Rate at today's monthly fixing to help support the property sector. Via DailyFX - Market News https://ift.tt/pHyb65z

EUR/USD Latest: Euro Spikes as ECB Sources Discuss Larger Rate Hike

Euro correcting on ECB sources, however, downside risks remain. Via DailyFX - Market News https://ift.tt/q0fGT9N

Gold Price Latest: Multi-Month Lows Remain in Sight

Gold continues to respect $1,700/oz. as support with the precious metal seemingly unwilling to make fresh multi-month lows. Via DailyFX - Market News https://ift.tt/q0fGT9N

Euro Steady as Risk Asset Prices Diverge Ahead of ECB and BoJ Meetings. Will EUR/USD Gain?

The Euro held gains against the US Dollar as equities markets slipped while growth orientated currencies swelled ahead of key central banks meetings. Will EUR/USD rally? Via DailyFX - Market News https://ift.tt/q0fGT9N

Gold Prices Muted, Crude Oil Rises on USD Pullback as APAC Stocks Fall

Gold prices languished around the 1,700 level despite a weaker US Dollar. Crude oil prices took advantage of a pickup in demand prospects. Where next for XAU and WTI? Via DailyFX - Market News https://ift.tt/q0fGT9N

DAX, DOW and FTSE Push Higher as Risk-On Sentiment Continues

Indices rally as risk-on sentiment continues, can we maintain upside momentum? Via DailyFX - Market News https://ift.tt/q0fGT9N

Markets Week Ahead: Dow Jones, US Dollar, Euro, Japanese Yen, Crude Oil, Inflation, ECB, BoJ

The US Dollar surged last week as recession fears around inflation permeated market sentiment. The week ahead is filled with economic data and policy decisions from the BoJ and ECB.

S&P 500 Recovery, Goldman Sachs, Bank of America Earnings

Slow start to earning season as JPM and MS fail to meet expectations Via DailyFX - Market News https://ift.tt/ohjFZPO

Markets Week Ahead: Dow Jones, US Dollar, Euro, Japanese Yen, Crude Oil, Inflation, ECB, BoJ

The US Dollar surged last week as recession fears around inflation permeated market sentiment. The week ahead is filled with economic data and policy decisions from the BoJ and ECB. Via DailyFX - Market News https://ift.tt/ohjFZPO

Defining Week for the Euro: ECB Lift-Off, CPI and Bond Market Jitters

Risks for the euro accrue ahead of inflation print and the ECB’s anticipated 25 bps hike. Further complications arise via Russian gas flows and Italian politics Via DailyFX - Market News https://ift.tt/ohjFZPO

British Pound Latest – GBP/USD Grabs a Bid as the US Dollar Wilts

The US dollar opened the week on the backfoot leaving Sterling with room to push higher ahead of a clutch of high-importance UK data releases. Via DailyFX - Market News https://ift.tt/ohjFZPO

Crude Oil Update: Brent Propped Up by Uneventful Biden Trip and Uncertainty Around Nord Stream

Brent crude oil prices have pushed higher as supply concerns take center stage after U.S. President Joe Biden unsuccessfully left the Middle East without a deal. Via DailyFX - Market News https://ift.tt/ohjFZPO

British Pound Gains Ground Amid Rosy Outlook Ahead of CPI. Will USD Dominate Again?

The British Pound found higher altitude today as favourable risk appetite set the tone across markets. Equities and commodities joined the party. Will GBP/USD rally further? Via DailyFX - Market News https://ift.tt/ohjFZPO

AUD/USD at Key Technical Level as APAC Trading Kicks Off

AUD/USD is trading near Falling Wedge resistance, putting a possible breakout on the cards. Meanwhile, traders are digesting fresh inflation data out of New Zealand as APAC kicks off the trading week. Via DailyFX - Market News https://ift.tt/ohjFZPO

Markets Week Ahead: Dow Jones, US Dollar, Euro, Japanese Yen, Crude Oil, Inflation, ECB, BoJ

The US Dollar surged last week as recession fears around inflation permeated market sentiment. The week ahead is filled with economic data and policy decisions from the BoJ and ECB.

Markets Week Ahead: Dow Jones, US Dollar, Euro, Japanese Yen, Crude Oil, Inflation, ECB, BoJ

The US Dollar surged last week as recession fears around inflation permeated market sentiment. The week ahead is filled with economic data and policy decisions from the BoJ and ECB. Via DailyFX - Market News https://ift.tt/ohjFZPO

Stock Market Weekly Forecast: S&P 500 & DAX 40

Russian Gas Flows, ECB Anti-Fragmentation Tool and Italian Politics Take Focus

Stock Market Weekly Forecast: S&P 500 & DAX 40

Russian Gas Flows, ECB Anti-Fragmentation Tool and Italian Politics Take Focus Via DailyFX - Market News https://ift.tt/ohjFZPO

Canadian Dollar Weekly Forecast: CAD at the Behest of Crude Oil and Rampant U.S. Dollar

The Canadian dollar has a big week ahead with Canadian inflation, a hawkish Fed and depressed crude oil prices dictating USD/CAD price action.

Canadian Dollar Weekly Forecast: CAD at the Behest of Crude Oil and Rampant U.S. Dollar

The Canadian dollar has a big week ahead with Canadian inflation, a hawkish Fed and depressed crude oil prices dictating USD/CAD price action. Via DailyFX - Market News https://ift.tt/NJ1BgcQ

Japanese Yen Forecast: Will a Dovish BoJ Keep USD/JPY Rising? CPI in Focus Too

The Japanese Yen is vulnerable to external forces with the Bank of Japan still expected to be one of the few remaining dovish central banks. Is it all clear for USD/JPY to keep rising then?

Japanese Yen Forecast: Will a Dovish BoJ Keep USD/JPY Rising? CPI in Focus Too

The Japanese Yen is vulnerable to external forces with the Bank of Japan still expected to be one of the few remaining dovish central banks. Is it all clear for USD/JPY to keep rising then? Via DailyFX - Market News https://ift.tt/NJ1BgcQ

Gold Prices at Risk on Global Inflation Data, ECB May Offer Lifeline

Gold prices may continue to fall as high-flying global inflation data boosts bets on central bank tightening, tarnishing non-yielding bullion’s appeal. A measured ECB may offer a temporary lifeline. Via DailyFX - Market News https://ift.tt/NJ1BgcQ

US Dollar Fundamental Forecast: DXY Set for More Gains on Ailing Euro, Yen

The US Dollar rose after a red-hot US CPI report bolstered Fed rate hike bets. The Bank of Japan and European Central Bank decisions appear likely to leave the Yen and Euro vulnerable to further do...

US Dollar Fundamental Forecast: DXY Set for More Gains on Ailing Euro, Yen

The US Dollar rose after a red-hot US CPI report bolstered Fed rate hike bets. The Bank of Japan and European Central Bank decisions appear likely to leave the Yen and Euro vulnerable to further do... Via DailyFX - Market News https://ift.tt/NJ1BgcQ

Bitcoin (BTC/USD) Resilience Holds After Another Big Week For USD

Bitcoin, Ethereum and their alt coin counterparts have rebounded despite the shocking US CPI print dented sentiment further. BTC/USD remains above $20,000 despite fundamental risks.

Bitcoin (BTC/USD) Resilience Holds After Another Big Week For USD

Bitcoin, Ethereum and their alt coin counterparts have rebounded despite the shocking US CPI print dented sentiment further. BTC/USD remains above $20,000 despite fundamental risks. Via DailyFX - Market News https://ift.tt/kNCtwPO

AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy

The Reserve Bank of Australia (RBA) Minutes may do little to influence AUD/USD as the central bank appears to be on a preset course in normalizing monetary policy.

AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy

The Reserve Bank of Australia (RBA) Minutes may do little to influence AUD/USD as the central bank appears to be on a preset course in normalizing monetary policy. Via DailyFX - Market News https://ift.tt/kNCtwPO

The Bond Market as a Forecasting Tool for Stocks: Four Key Yield Curve Regimes

Traders often use the shape of the yield curve as a leading indicator of the economy and a forecasting tool for equity performance. Here are four key yield curve regimes to know. Via DailyFX - Market News https://ift.tt/kNCtwPO

Euro Price Forecast: EUR/USD Awaits ECB Rate Decision, Italian Politics and Nord Stream 1

The euro is at the mercy of many fundamental and political moving parts which should see increased EUR/USD volatility next week. Via DailyFX - Market News https://ift.tt/kNCtwPO

Ethereum 2.0: Switching to Proof-of-Stake (PoS)

Ethereum is transitioning from a proof-of-work (PoW) consensus mechanism to a more eco-friendly proof-of-stake (PoS) consensus with the switch expected to be complete by Q3/Q4 2022. Via DailyFX - Market News https://ift.tt/kNCtwPO

AUD/USD Bounces as Traders Look Past China GDP Miss

The Australian Dollar saw a delayed upside reaction after China's second-quarter GDP disappointed, with traders focusing on positive June Data instead. AUD/USD is nearing wedge resistance. Via DailyFX - Market News https://ift.tt/NnqArVd

EUR/USD Vulnerable to Upbeat US Retail Sales as Fed Plans for Restrictive Policy

A rebound in US Retail Sales may drag on EUR/USD as it raises the Federal Reserve’s scope to implement a restrictive policy. Via DailyFX - Market News https://ift.tt/NnqArVd

Australian Dollar Relief Hinges on China GDP Report

The Australian Dollar saw volatile trading against the US Dollar after an inflation report lifted Fed rate hike bets. AUD/USD direction hinges on China's second-quarter GDP growth report, due out t... Via DailyFX - Market News https://ift.tt/NnqArVd

Crude Oil Update: Brent Up Against Strong Dollar and Demand-Side Factors

Brent crude oil grapples with tight supply conditions but worsening recession fears and a weak Chinese economy has dampened prices. Via DailyFX - Market News https://ift.tt/NnqArVd

Euro May Be About to Drop Below Parity Against the US Dollar: Top Trading Opportunities

The Euro stabilized in the second quarter – pausing a downtrend in play since December 2020 – as ECB officials finally signaled a readiness to act against surging inflation. Via DailyFX - Market News https://ift.tt/NnqArVd

US Dollar Holds the High Ground as Inflation Shocker Provides Headaches for the Fed

The US Dollar consolidated around recent highs in the aftermath of dangerously high inflation print. If the Fed moves by 100-basis points, will that lift USD? Via DailyFX - Market News https://ift.tt/NnqArVd

Australian Dollar Bumped Up on Jobs Data Adding to RBA Hawkishness. Will AUD/USD Rally?

The Australian Dollar was boosted slightly after a record low unemployment reading is set to ask many questions of the RBA. What lies ahead for AUD/USD? Via DailyFX - Market News https://ift.tt/vE48w9T

Singapore Dollar Gains as MAS Unexpectedly Tightens Policy, USD/SGD Uptrend Still Eyed

The Singapore Dollar strengthened after the MAS surprised markets with policy tightening amid inflationary pressures. Will this be enough to send USD/SGD meaningfully lower? Via DailyFX - Market News https://ift.tt/vE48w9T

Gold Price Rebound Following US CPI Raises Potential for RSI Buy Signal

Looming developments in the Relative Strength Index (RSI) may point to a larger rebound in the price of gold as the oscillator is on the cusp of pushing above 30. Via DailyFX - Market News https://ift.tt/vE48w9T

What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings. Via DailyFX - Market News https://ift.tt/vE48w9T

Swiss Franc Faces Contrasting Fates Against US Dollar and Euro. Where to for CHF?

The Swiss Franc is weakening against the US Dollar but strengthening against the Euro. Will ECB and Fed monetary policy determine EUR/CHF and USD/CHF direction? Via DailyFX - Market News https://ift.tt/vE48w9T

Crude Oil Prices Eye EIA Inventory Data as China Fights Covid

Crude oil prices are slightly higher after finding support near the March swing low as global growth fears intensify amid a new wave of Covid cases in China. EIA inventory data is in focus. Via DailyFX - Market News https://ift.tt/tL25Ifn

New Zealand Dollar Turns to US CPI Report After RBNZ 50-Baisis Point Rate Hike

The New Zealand Dollar is now facing the US CPI report after the Reserve Bank of New Zealand hiked rates by 50-basis points, as expected. Will NZD/USD aim higher next? Via DailyFX - Market News https://ift.tt/tL25Ifn

EUR/USD Forecast: Failure to Hold Above Parity Opens Up December 2002 Low

EUR/USD may fall towards the December 2002 low (0.9859) as the Relative Strength Index (RSI) sits in oversold territory. Via DailyFX - Market News https://ift.tt/tL25Ifn

AUD/USD May Struggle as US Dollar Rally Pauses Ahead of RBNZ, China Trade Data

The Australian Dollar saw a modest rebound overnight as the US Dollar steadied. The Reserve Bank of New Zealand's rate decision and China's trade balance is due out today. Via DailyFX - Market News https://ift.tt/tL25Ifn

US Dollar Q3 2022 Forecast: Dollar’s Run Relies on Rates, Recession and Risk

The Dollar performed exceptionally well through the first half of 2022 – and more broadly over the preceding year. Via DailyFX - Market News https://ift.tt/tL25Ifn

British Pound Latest – GBP/USD Bludgeoned by a Rampant US Dollar

A different week but the same old story as the US dollar continues to surge in value against a range of currencies, including the beleaguered British Pound. Via DailyFX - Market News https://ift.tt/tL25Ifn

Gold Prices Approach Potential Support as US Dollar Surges Ahead of US CPI

Gold prices are nearing the September 2021 low as the US Dollar gains on risk-off flows. The US CPI data due out Wednesday is unlikely to offer bullion support as the Fed keeps inflation expectatio... Via DailyFX - Market News https://ift.tt/tL25Ifn

Australian Dollar Tanks on US Dollar Strength as Inflation and Recession Weigh

The Australian Dollar is under the pump as the US Dollar keeps gaining on recession threats and China slowdown hitting global growth. Where to for AUD/USD? Via DailyFX - Market News https://ift.tt/v1boWVE

USD/JPY Clears June Range to Push RSI Towards Overbought Territory

Looming developments in the Relative Strength Index (RSI) may point to a further advance in USD/JPY as the oscillator is on the cusp of pushing into overbought territory. Via DailyFX - Market News https://ift.tt/v1boWVE

Bitcoin Falls Against Surging US Dollar as APAC Traders Gauge China Covid Flare-Up

Bitcoin extended losses, driving prices near the high-profile 20,000 level, against a super-charged US Dollar. Economic growth fears are back in the spotlight after China's Covid cases rise. Via DailyFX - Market News https://ift.tt/v1boWVE

AUD/USD Eyes Chinese Credit Data After Bullish Candlestick Formation

The Australian Dollar is slightly lower against the Greenback this morning as iron ore prices fall. Chinese credit data may set the tone for AUD/USD after a bullish candlestick took shape. Via DailyFX - Market News https://ift.tt/XU2DpbY

Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, CPI, Canadian Dollar, BoC

The tech-heavy Nasdaq 100 outperformed last week, more so than the Dow Jones. Are traders getting ahead of themselves? Higher US CPI is expected ahead after another solid jobs report. Gold is looki... Via DailyFX - Market News https://ift.tt/XU2DpbY

Stock Market Week Ahead: S&P 500 & DAX 40 Forecast

All of Nothing on US CPI. Russian Gas Flows Key to Europe

Stock Market Week Ahead: S&P 500 & DAX 40 Forecast

All of Nothing on US CPI. Russian Gas Flows Key to Europe Via DailyFX - Market News https://ift.tt/XU2DpbY

USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Rate Decision

USD/CAD may face a larger correction ahead of the Bank of Canada (BoC) interest rate decision as the central bank is expected to normalize monetary policy at a faster pace.

USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Rate Decision

USD/CAD may face a larger correction ahead of the Bank of Canada (BoC) interest rate decision as the central bank is expected to normalize monetary policy at a faster pace. Via DailyFX - Market News https://ift.tt/XU2DpbY

EUR/USD Fundamental Forecast: Parity in Reach as Headwinds Accrue

The euro came close to parity with the US dollar on Friday and looks likely to reach it. Germany records its first trade deficit in over 30 years and may have to ration gas.

EUR/USD Fundamental Forecast: Parity in Reach as Headwinds Accrue

The euro came close to parity with the US dollar on Friday and looks likely to reach it. Germany records its first trade deficit in over 30 years and may have to ration gas. Via DailyFX - Market News https://ift.tt/XU2DpbY

US Dollar Forecast: June US Inflation Data Could Reinforce DXY’s Bullish Momentum

Next week's U.S. consumer price index report could show June inflation accelerated to new multi-decade highs, a result that could boost Treasury yields and the U.S. dollar in the near term

US Dollar Forecast: June US Inflation Data Could Reinforce DXY’s Bullish Momentum

Next week's U.S. consumer price index report could show June inflation accelerated to new multi-decade highs, a result that could boost Treasury yields and the U.S. dollar in the near term Via DailyFX - Market News https://ift.tt/O23IkE5

Bitcoin (BTC), Ethereum (ETH) Forecasts – Grinding Higher in Quiet Conditions

Bitcoin has picked up a small bid this week and moved marginally higher. While the short-term outlook looks marginally more positive, the longer-term outlook remains negative.

Bitcoin (BTC), Ethereum (ETH) Forecasts – Grinding Higher in Quiet Conditions

Bitcoin has picked up a small bid this week and moved marginally higher. While the short-term outlook looks marginally more positive, the longer-term outlook remains negative. Via DailyFX - Market News https://ift.tt/O23IkE5

Bitcoin Bullish, Euro Selling Relentless, Trading NFP

Markets Positioned for Weak NFP, Time To Go Bullish Bitcoin? Via DailyFX - Market News https://ift.tt/C27h6zQ

Crude Oil Update: Brent Grapples With Rampant Dollar While Supply Concerns Remain

Brent crude recovered somewhat after fundamental tailwinds boosted prices yesterday but the strong dollar continues to act as a limiting factor. Via DailyFX - Market News https://ift.tt/C27h6zQ

Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies Via DailyFX - Market News https://ift.tt/C27h6zQ

EUR/USD Parity Within Touching Distance as USD Surges Ahead of NFP

EUR/USD continues to sell-off and heads deeper into oversold territory ahead of NFP data later today Via DailyFX - Market News https://ift.tt/C27h6zQ

Australian Dollar Q3 2022 Forecast: Fed’s Lost Credibility is Noted by RBA

The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation.

Australian Dollar Q3 2022 Forecast: Fed’s Lost Credibility is Noted by RBA

The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation. Via DailyFX - Market News https://ift.tt/C27h6zQ

Gold Price Outlook Turns to NFPs with XAU/USD Set for the Worst Week in 2 Months

Gold prices are on course for the worst week in 2 months, and things may not be over just yet. US non-farm payrolls data might further fuel XAU/USD volatility into the weekend. Via DailyFX - Market News https://ift.tt/C27h6zQ

Chinese Yuan Chips at Dollar as Iron Ore Catches Bid on Stimulus News

The Chinese Yuan made gains against the Dollar overnight as traders went risk-on in New York. News of a new round of infrastructure stimulus out of China pushed iron ore prices higher. Via DailyFX - Market News https://ift.tt/C27h6zQ

British Pound Latest – UK PM Boris Johnson is Set to Resign, GBP Unfazed

Under siege UK Prime Minister Boris Johnson is set to resign today after a series of gaffes left his position untenable. Via DailyFX - Market News https://ift.tt/6vp7icw

AUD/JPY Forecast - Bullish on Monetary Policy Disparity: Top Trading Opportunities

AUD/JPY made a 7-year high in early June at 96.88 then pulled back to the just under 92.00 before settling back into a range. Broad Yen weakness has been seen across the board with USD/JPY hitting ... Via DailyFX - Market News https://ift.tt/6vp7icw

Stocks and Bonds Up, Dollar Down (For Now): Top Trading Opportunities

It appears that towards the very end of last quarter we hit a major inflection point in the trend of higher dollar and rates and lower stocks, and anything perceived as risky. Via DailyFX - Market News https://ift.tt/6vp7icw

GBP/AUD May Unwind Losses as BOE/RBA Implied Rate Paths Come Together: Top Trading Opportunities

The British Pound suffered heavy losses through the first quarter of 2022. GBP/AUD dropped more than 10% from its January peak before hitting multi-year lows in April. Via DailyFX - Market News https://ift.tt/6vp7icw

Crude Oil Price Under the Pump on Wild Swings and US Dollar Strength. Where to for WTI?

Crude oil has continued to slide after Fed meeting minutes pushed Treasury yields higher, boosting fears of recession. Will WTI find a base? Via DailyFX - Market News https://ift.tt/6vp7icw

AUD/USD Consolidates Around Yearly Low Ahead of US NFP Report

AUD/USD may face headwinds later this week as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in employment. Via DailyFX - Market News https://ift.tt/6vp7icw

GBP/USD Recovery Hopes Appear Dim After Breaking June Low

The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid m... Via DailyFX - Market News https://ift.tt/6vp7icw

Crude Oil Latest – Increased Recession Fears Weigh Down on Oil

The commodity space was hammered on Tuesday as the markets continued to price in the very real possibility that economies around the globe are going into recession. Via DailyFX - Market News https://ift.tt/QVXL8fK

Using Stop Loss Orders in Forex Trading

Market movements can be unpredictable. The stop loss can provide protection against losses. Via DailyFX - Market News https://ift.tt/QVXL8fK

US Dollar to Rise on Fed Minutes, G20 Summit Amid Ukraine War?

The US Dollar may outperform its G10 peers this week if Fed minutes and the G20 summit reinforce the allure of the Greenback’s unparalleled liquidity and rising yield-advantage. Via DailyFX - Market News https://ift.tt/QVXL8fK

AUD/USD Grips Trendline as Shanghai Covid Fears Resurface

The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA's chart pack is due out today, but traders are digesting news of new Covid testing out of Shanghai... Via DailyFX - Market News https://ift.tt/QVXL8fK

British Pound Latest – GBP/USD Battered by US Dollar Strength

The US dollar is running hot today, pushing a range of USD pairs to their limits, and GBP/USD is now just one big figure away from printing a fresh two-year low. Via DailyFX - Market News https://ift.tt/OkaHQB4

Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy. Via DailyFX - Market News https://ift.tt/OkaHQB4

Euro Falls to Lowest Level Since 2002, EUR/USD Risks Parity

Euro Selling Picks Up as Multi-Year Support is Breached Via DailyFX - Market News https://ift.tt/OkaHQB4

How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events. Via DailyFX - Market News https://ift.tt/OkaHQB4

Crude Oil Update: Brent Tailwinds Outweighed by Recessionary Fears

Brent crude oil was unable to capitalize on the mornings fundamental and economic boosts from Asia and Norway on both the supply and demand-side as recession woes grip. Via DailyFX - Market News https://ift.tt/OkaHQB4

Australian Dollar Tries Lower After RBA Hike by 0.50%. Where to for AUD/USD?

The Australian Dollar softened immediately after the RBA raised the cash rate target by 0.50% to 1.35%, as anticipated. Will AUD/USD rally from here? Via DailyFX - Market News https://ift.tt/OkaHQB4

Long EUR/GBP - Interest Rate Differentials and Market Pricing: Top Trading Opportunities

After a strong end to 2021 for the pound, 2022 has seen a change in fortunes for EUR/GBP bears. Via DailyFX - Market News https://ift.tt/OkaHQB4

What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair. Via DailyFX - Market News https://ift.tt/IGc4ysQ

Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important. Via DailyFX - Market News https://ift.tt/IGc4ysQ

Australian Dollar Forecast: US/China Trade War Tariff Review on Anniversary

AUD/USD recouping heavy losses ahead of RBA and China Tariff Review. Via DailyFX - Market News https://ift.tt/IGc4ysQ

Crude Oil Price Wobbles as Recession Risk Lowers Yields. Will WTI Resume Up Trend?

Crude oil prices dipped today as the threat of recession saw bond yields go lower across developed markets as central banks manoeuvre into inflation fighting mode. Via DailyFX - Market News https://ift.tt/IGc4ysQ

When Can S&P 500 Volatility Break a Stock Diversification Strategy? Analyzing the VIX

When S&P 500 volatility is too high, a stock sector diversification strategy can fail. Using the VIX, what levels should traders watch for to identify this risk and what can be done about it? Via DailyFX - Market News https://ift.tt/IGc4ysQ

How To Use Twitter For Traders

How can traders use Twitter as an efficient trading tool. Via DailyFX - Market News https://ift.tt/IGc4ysQ

Australian Dollar Trends to Persist in 3Q 2022: Top Trading Opportunities

AUD/USD appeared to be on track to test the yearly low (0.6829) after failing to push above the 50-Week SMA (0.7243), but the exchange rate may consolidate over the near-term as long as it defends ... Via DailyFX - Market News https://ift.tt/IGc4ysQ

Short GBP/CHF on Worsening UK Fundamentals and a Motivated SNB: Top Trading Opportunities

The Swiss Franc has emerged as a dark horse ever since the June 16th, 2022 rate meeting. Via DailyFX - Market News https://ift.tt/kwJKZv4

Bitcoin Q3 2022 Forecast: Where’s the Bottom?

If Q1 was difficult for crypto bulls, Q2 was an absolute disaster… As we head into the third quarter, the macro-outlook is still likely to be challenging for crypto, but we could be nearing a cycle... Via DailyFX - Market News https://ift.tt/kwJKZv4

Bitcoin Q3 2022 Forecast: Where’s the Bottom?

If Q1 was difficult for crypto bulls, Q2 was an absolute disaster… As we head into the third quarter, the macro-outlook is still likely to be challenging for crypto, but we could be nearing a cycle...

Stocks and Bonds Up, Dollar Down (For Now): Top Trading Opportunities

It appears that towards the very end of last quarter we hit a major inflection point in the trend of higher dollar and rates and lower stocks, and anything perceived as risky. Via DailyFX - Market News https://ift.tt/kwJKZv4

Japanese Yen Q3 2022 Forecast: Will a Weak Yen Push the BoJ into Action?

The Japanese Yen was hammered by markets in the second quarter. USD/JPY shot by the 2002 peak, touching its highest since 1998. A key driver of the Yen’s weakness has been the Bank of Japan’s polic...

Euro Q3 2022 Forecast: Euro May Fall Anew as Debt Crisis Fears Dilute ECB Rate Hikes

The Euro has steadily depreciated against a basket of major currencies since Dec. 2020. Tellingly, that turning point coincided with topping gold prices and the start of a creep higher in Fed rate ...

Euro Q3 2022 Forecast: Euro May Fall Anew as Debt Crisis Fears Dilute ECB Rate Hikes

The Euro has steadily depreciated against a basket of major currencies since Dec. 2020. Tellingly, that turning point coincided with topping gold prices and the start of a creep higher in Fed rate ... Via DailyFX - Market News https://ift.tt/WYgteub

Euro May Be About to Drop Below Parity Against the US Dollar: Top Trading Opportunities

The Euro stabilized in the second quarter – pausing a downtrend in play since December 2020 – as ECB officials finally signaled a readiness to act against surging inflation. Via DailyFX - Market News https://ift.tt/WYgteub

Australian Dollar Q3 2022 Forecast: Fed’s Lost Credibility is Noted by RBA

The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation.

Australian Dollar Q3 2022 Forecast: Fed’s Lost Credibility is Noted by RBA

The Australian Dollar made a 2-year low against the US Dollar in May as global central banks jockeyed for position in the fight on inflation. Via DailyFX - Market News https://ift.tt/WYgteub

Crude Oil Prices Vulnerable as Central Banks Run the Risk of Inducing Recessions: Top Trading Opportunities

WTI crude oil prices have been rising swimmingly since a bottom was found at the peak of the 2020 global pandemic. Via DailyFX - Market News https://ift.tt/WYgteub

British Pound (GBP) Forecast: New Quarter Carries Over GBP Pressures

GBP/USD and EUR/GBP both look like pound weakness is likely to continue short-term ahead of key economic data later today. Via DailyFX - Market News https://ift.tt/KjaOn4e

How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy. Via DailyFX - Market News https://ift.tt/KjaOn4e

US Dollar Provides Safe Harbour From Swelling Recession Fears. Will USD (DXY) Break Higher?

The US Dollar found support as risk assets are hit by negative sentiment surrounding the increasing chance of a global recession. Will a slowdown boost USD (DXY)? Via DailyFX - Market News https://ift.tt/KjaOn4e

Gold Prices Finish a Dismal Second Quarter Before the Long Weekend, Where to for XAU/USD?

Gold prices wrapped up the worst quarter since the beginning of 2021. Even a softer US Dollar and bond yields were unable to bolster XAU/USD on Thursday. Is more pain ahead? Via DailyFX - Market News https://ift.tt/KjaOn4e

Natural Gas Forecast: July Opening Rebound May Fade as US Inventory Improves

Natural gas prices are higher in APAC trading following a brutal overnight drop of more than 6%. However, Improving US inventory levels may keep bulls from making much progress. Via DailyFX - Market News https://ift.tt/KjaOn4e

EUR/USD Rate to Face Range Bound Conditions on Failed Test of June Low

EUR/USD may face range bound conditions over the coming days as it appears to be defending the monthly low (1.0359). Via DailyFX - Market News https://ift.tt/KjaOn4e

Bitcoin Break Down May Continue after BTC/USD Breaks 19,000

Bitcoin prices ended June with a break below key levels of support as economic recession fears heat up. BTC/USD prices look primed to continue sliding. Via DailyFX - Market News https://ift.tt/KjaOn4e