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Friday, 1 July 2022

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