EUR/USD, AUD/USD OUTLOOK: Traders will closely watch U.S. GDP data on Thursday The U.S. economy is forecast to have grown by 4.3% in the third quarter Strong economic activity numbers could boost the U.S. dollar, sending both EUR/USD and AUD/USD sharply lower Most Read: USD/CAD Fails to Sustain Breakout after Bank of Canada Decision. What’s … ادامه
GBP, DXY PRICE, CHARTS AND ANALYSIS: Read More: US Dollar Index (DXY) Update: US Dollar Retreats with GBP/USD Eyeing a Trendline Break GBPUSD enjoyed a mixed day with some consolidation in the European session as the DXY started the day on the back foot. The US session however, has seen a rise in US Yields … ادامه
SP 500 & NAS100 PRICE FORECAST: SPX Faces a Host of Challenges as Recovery Hopes are Dashed by Rising US Yields and Poor Tech Earnings. Google Parent Alphabet Fell as Much as 8.7% as it Missed Expectations for its Cloud Business as Microsoft Gained 2.3% as it Beat Estimates. Meta and IBM Reporting After Market … ادامه
BANK OF CANADA DECISION: Bank of Canada holds rates steady at 5.00% for the second month in a row, in line with expectations The bank says that inflationary risks have increased and that it is prepared to raise borrowing costs further if needed USD/CAD rises after BoC’s decision, but fails to break out decisively Trade … ادامه
Oil (Brent Crude, WTI) Analysis Oil struggles to reclaim lost ground as demand concerns outweigh geopolitical risks API figures on Tuesday revealed a drop in American inventory levels. EIA storage data is due at 14:30 GMT IG client sentiment hints at further selling after recent repositioning The analysis in this article makes use of chart … ادامه
Gold (XAU/USD) Analysis, Prices, and Charts US Treasury yields are subdued and a mild risk-on sentiment prevails. Central bank policy decisions may change the landscape. Learn how to trade gold with our free guide Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar Gold is treading water in early trade with little fresh … ادامه
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Analysis and Charts FTSE 100 testing 7400 The index managed to rebound on Tuesday, recovering some losses. For a low to be formed, we would need to see additional gains towards 7450, which might then bolster a near-term bullish view and … ادامه
EUR/USD News and Analysis Recommended by Richard Snow Get Your Free EUR Forecast Dwindling PMI Data Weighs on EUR/USD, Zone of Resistance Holds Firm PMI data for Europe continued the trend of weak data, underscoring the challenges faced by the continent as the global growth slowdown unfolds. On Monday a spike in bond market volatility … ادامه
Hang Seng Index, China, HSI, PBOC, AUD/USD, AU CPI, Crude Oil – Talking Points Chinese bourses have been underpinned today by policy annoucements Australian 3Q CPI reaccelerated, lifting the prospect of an RBA rate hike The Hang Seng index rallied but some technical hurdles lie ahead Recommended by Daniel McCarthy Traits of Successful Traders Hong … ادامه
British Pound Vs US Dollar, Japanese Yen, Australian Dollar – Price Setups: UK jobs and business activity data further reinforce the market’s expectation of peak UK rates. Key focus is on US GDP due Thursday and US PCE data due Friday. What is the outlook and key levels to watch in select GBP crosses? Curious … ادامه