USD/JPY AND AUD/USD OUTLOOK: USD/JPY retreats for the second straight day as the broader U.S. dollar softens after the Fed fails to steer markets toward pricing another hike Meanwhile, AUD/USD breaks out to the topside after clearing trendline resistance Attention now turns to Friday’s U.S. economic data, which includes the nonfarm payrolls report and the … ادامه
SP 500 & NAS100 PRICE FORECAST: SPX and NAS 100 Continue to Advance, Now Up 4.7% and 5.7% Since the Recent Lows. Market Participants Buoyed on Belief that the Central Bank Hiking Cycles are Over Which Could Keep US Equities Supported. Apple Earnings Are Due After Market Close Today as US Jobs Data Tomorrow Could … ادامه
Gold (XAU/USD) Analysis Gold’s Bullish Momentum Weighed Down by General Lift in Sentiment The FOMC statement and presser resulted in a reduced expectation that the Fed will hike rates in December – the final meeting for the year. Jerome Powell attempted to keep the door open for another rate hike after expressing that the majority … ادامه
EUR/USD ANALYSIS Euro area economic situation stays weak but EUR bulls capitalize on US data. NFP and US ISM services PMI in focus tomorrow. EUR/USD stays within developing rising wedge. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts … ادامه
British Pound (GBP) Analysis and Charts A mildly hawkish BoE helps underpin GBP/USD Cable pushes back above 1.2200 For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley Get Your Free GBP Forecast The Bank of England (BoE) left the Bank Rate unchanged today at 5.25%, for the second meeting … ادامه
US Dollar (DXY) News and Analysis Fed holds interest rates but nods to ever tightening conditions Are U.S. treasuries signaling a peak in interest rates? Markets turn to fundamental data to gauge the effect of restrictive policy The analysis in this article makes use of chart patterns and key support and resistance levels. For more … ادامه
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts Dow stronger in wake of Fed decision The index’s rally was given fresh impetus by the Fed decision last night, which saw a more balanced outlook from Jerome Powell. The index has climbed to its highest level in … ادامه
RAND TALKING POINTS & ANALYSIS MTBPS, manufacturing PMI and vehicle sales data paint a poor picture of the local economy. US jobs data in focus later today. USD/ZAR finds resistance at 18.50 and 200-day MA. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment – Get … ادامه
EUR/USD & GOLD PRICE FORECAST Gold prices and EUR/USD could gain ground in the near term, but the broader trend may hinge on incoming U.S. economic data Attention will be on the ISM services PMI and the U.S. labor market report later this week This article looks at XAU/USD and EUR/USD’s key levels to watch … ادامه
FOMC INTEREST RATE DECISION KEY POINTS The Federal Reserve stands pat on monetary policy, keeping interest rates unchanged at 5.25%-5.50% for the second straight meeting Forward guidance leaves the door open for further policy firming Gold and the U.S. dollar displayed limited volatility after the FOMC statement was released Most Read: Bank of England Preview … ادامه