Euro’s Outlook Turns Bearish After ECB Decision, Setups on EUR/USD, EUR/GBP

The prospect of the ECB starting its easing cycle before the Federal Reserve and the Bank of England and delivering more rate cuts than both institutions this year may put downward pressure on the euro against the U.S. dollar and sterling in the near term. Via DailyFX - Market News https://www.dailyfx.com

Gold, Silver Technical Forecast: Price Action Setups Analysed

Precious metals have eased slightly in the wake of the elevated CPI report. Both gold and silver currently test significant levels of resistance Via DailyFX - Market News https://www.dailyfx.com

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clues on when the ECB will start cutting rates Via DailyFX - Market News https://www.dailyfx.com

USD/JPY Outlook: Hot US Inflation Propels USD/JPY to Worrying Levels

Japanese finance officials issued a further warning centered around the volatility of recent yen weakness, explicitly mentioning USD/JPY levels currently in play Via DailyFX - Market News https://www.dailyfx.com

US Inflation Jumps, Rate Cut Expectations Pared Back Sharply, Gold Slides

US inflation came in above forecast in March, sending the US dollar sharply higher, as US rate cut expectations are pared back further. Via DailyFX - Market News https://www.dailyfx.com

Navigating Volatile Markets: Strategies and Tools for Traders

Traders are drawn to volatility due to increased trading opportunities. However, volatile markets require skill, experience, and effective risk management. Via DailyFX - Market News https://www.dailyfx.com

Gold Rally Continues, US Inflation Data the Next Obstacle to Clear

The precious metal remains bid and in record high territory, underpinned by ongoing fears in the Middle East. Today’s US inflation data may hamper further progress. Via DailyFX - Market News https://www.dailyfx.com

US Inflation Preview: US Dollar & Stocks on Edge. How to Trade this Risk Event?

Wednesday's U.S. inflation report has the potential to cause significant volatility, so traders should prepare for the possibility of treacherous market conditions, especially if the incoming data surprises to the upside. Via DailyFX - Market News https://www.dailyfx.com

Gold Hits Yet Another All-Time High, Silver Surges Ahead of US CPI

Precious metals soar, with gold printing another new high and silver picking up where it left off last week. Prices appear immune to warnings of delayed rate cuts Via DailyFX - Market News https://www.dailyfx.com

Japanese Yen Nears a Multi-Decade Low, Will Talk Turn to Action?

USD/JPY remains close to making a fresh multi-decade high despite official warnings last week that the Yen was too weak. The question lingers: will the BOJ take action beyond verbal intervention to strengthen the Yen? Via DailyFX - Market News https://www.dailyfx.com

US Dollar Retreats Ahead of US CPI, Treasuries Seen Rising

The disconnect between the US dollar and US treasuries recently is an interesting one but may have to do with improving EU sentiment. Upward surprise in CPI to jolt DXY? Via DailyFX - Market News https://www.dailyfx.com

Gold Price Outlook: Drivers Behind Market Boom, Reversal or New Record Ahead?

Gold has soared and hit one record after another this year despite the rally in U.S. real yields, with the bulk of the bullish move taking place over the course of the past two months. What’s behind bullion’s boom? Via DailyFX - Market News https://www.dailyfx.com

Kiwi and Aussie Outlook Ahead of the RBNZ Meeting

The Reserve Bank of New Zealand (RBNZ) is likely to keep rates on hold due to stubbornly high inflation. Rate cuts are still some way off. AUD/USD tests crucial resistance Via DailyFX - Market News https://www.dailyfx.com

Bitcoin (BTC) Nears New All-Time High as Halving Event Looms, Coinbase (COIN) Benefits

Bitcoin is above $72k to start the week and is looking set to print a new all-time high ahead of the highly anticipated halving event later this month. Via DailyFX - Market News https://www.dailyfx.com

Oil Price Update: Israeli Troops Withdraw from the South, Peace Talks Underway

Israeli troops have been withdrawn from Southern Gaza in response to the recent backlash. Peace talks also got underway in Egypt at the weekend but progress remains limited Via DailyFX - Market News https://www.dailyfx.com

US Dollar Grabs an Early Bid, Rate Cut Now Seen as 50/50, Gold Rallies Further

The US dollar has opened the week on the front foot, supported by higher US Treasury yields. A June US rate cut is now seen as 50/50 Via DailyFX - Market News https://www.dailyfx.com

Markets Week Ahead: Gold, US Dollar, Euro, Pound Sterling

This week sees crucial US inflation (CPI) data alongside deliberations from the European Central Bank on monetary policy. FOMC minutes may already be out of date Via DailyFX - Market News https://www.dailyfx.com

US Dollar’s Outlook Rides on US Inflation Data - EUR/USD, USD/JPY, GBP/USD

The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday's U.S. inflation report surprises to the upside and triggers a hawkish repricing of interest rate expectations. Via DailyFX - Market News https://www.dailyfx.com

Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up

Brent crude oil breached the $90 mark after Israel’s latest attack on Iranian targets stoked already elevated tension. Biden calls for immediate Gaza aid amid policy warning Via DailyFX - Market News https://www.dailyfx.com

Japanese Yen (USD/JPY) On Edge After Official Verbal Intervention, NFPs Next

Japanese PM Fumio Kishida put the market on notice today that he will take action if there are any further excessive moves in the value of the Yen. Via DailyFX - Market News https://www.dailyfx.com

EUR/USD and Oil – Awaiting Fibonacci Resistance Breakout for Bullish Continuation

This article explores breakout strategies with insights into two potential trade setups on EUR/USD and crude oil prices. In the piece, we also examined major tech levels to watch in the coming days. Via DailyFX - Market News https://www.dailyfx.com

Trading EUR/USD, USD/JPY, and GBP/USD: Strategies for the Most Liquid FX Pairs

EUR/USD, USD/JPY, and GBP/USD are among the most heavily traded currency pairs in the forex market. Each pair boasts unique characteristics and dynamics, demanding tailored trading approaches. Via DailyFX - Market News https://www.dailyfx.com

Gold Posts a Fresh All-Time High Above $2,300 as US NFPs Near

Gold continues to rally and today traded above $2,300/oz. level. Friday’s US Jobs Report (NFP) will consolidate or break this move higher Via DailyFX - Market News https://www.dailyfx.com

Dow, Nasdaq 100 and Hang Seng Look to Push Higher

Indices have recovered from their lows of the week, with US indices potentially looking at fresh record highs in the near future Via DailyFX - Market News https://www.dailyfx.com

Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground

The euro has found its feet after slower US PMI data and a more dovish message from the Fed resulted in higher moves for both EUR/USD and EUR/CHF Via DailyFX - Market News https://www.dailyfx.com

Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar

In the world of finance, words can sometimes be as powerful as actions. Known as "Fedspeak", the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets. Via DailyFX - Market News https://www.dailyfx.com

Pound Sterling Update: GBP/USD Lifts Higher, GBP/CHF Treads Carefully

Sterling boasts a strong interest rate differential, but encouraging inflation data has undermined the currency somewhat. UK data is light but NFP ought to shake things up Via DailyFX - Market News https://www.dailyfx.com

US Crude Oil Prices Surge As Market Seems Sure OPEC Cuts Will Stay Put

The oil market is on a tear this year, but prices’ long rally is starting to look as if it might need a rest. Via DailyFX - Market News https://www.dailyfx.com

Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks

The second quarter of the year looks set to bring renewed volatility to a wide range of assets classes as a slew of central banks look set to pull the trigger on interest rate cuts. Via DailyFX - Market News https://www.dailyfx.com

Gold Price Achieves Another All-Time High as Safe Haven Appeal Ramps up

Gold volatility has been on the rise, buoyed further by the recent escalations in Russia and the Middle East adding to the metal’s safe haven appeal Via DailyFX - Market News https://www.dailyfx.com

US Dollar Stumbles Before Key Jobs Data; Setups on EUR/USD, USD/JPY, USD/CAD

The upcoming release of the March U.S. jobs report is set to inject considerable volatility into financial markets and could have a decisive impact on the performance of the U.S. dollar in the near future. Via DailyFX - Market News https://www.dailyfx.com

Brent, WTI Reach Yearly High amid Escalations in Russia and Middle East

A drone strike on Russian oil infrastructure and Israel’s targeted attack on the Iranian embassy in Damascus helped maintain oil’s recent rise ahead of the OPEC meeting Via DailyFX - Market News https://www.dailyfx.com

British Pound Bounces As Manufacturing Scrapes Back Into Growth

Sterling was knocked by some surprise strength in US output and remains under pressure despite some domestic expansion. Via DailyFX - Market News https://www.dailyfx.com

US Dollar Rallies, EUR/USD Slumps, Gold Continues to Push Ever Higher

The US dollar is trading at a multi-month high after data showed that inflation in the US is creeping higher. Despite higher US Treasury yields, gold continues to eye a fresh record high. Via DailyFX - Market News https://www.dailyfx.com

Market Sentiment: Gold’s Bullish Outlook Intact; AUD/USD, NZD/USD Biased Lower

This article meticulously examines retail sentiment on gold, AUD/USD, and NZD/USD, analyzing potential outcomes using contrarian indicators. Via DailyFX - Market News https://www.dailyfx.com

SPY and QQQ Seem Overbought but RSP Looks Attractive

After a blazing start to 2024, led by AI-fueled tech enthusiasm and the Fed's dovish pivot, U.S. stocks might have further room to run. However, high valuations demand that traders and investors alike become more selective. Via DailyFX - Market News https://www.dailyfx.com

Q2 Top Trade - Sell 10 Year UK Gilt Yields

The Bank of England (BoE) turned dovish in the past few days and this means that a UK interest rate cutting cycle is on the way, and perhaps sooner than financial markets originally anticipated. Via DailyFX - Market News https://www.dailyfx.com

Top Trading Idea Q2 2024: Long USD/CHF

In Q1 the Swiss National Bank fired the starting pistol for rate cuts while robust US data suggests the dollar will remain well supported in Q2 Via DailyFX - Market News https://www.dailyfx.com