Fed Holds Steady, Ditches Tightening Bias; Gold and US Dollar on the Move

The Federal Reserve kept interest rates unchanged for the fourth consecutive meeting, but adopted a slightly more dovish outlook by removing its tightening bias from the monetary policy statement.


https://www.dailyfx.com/news/forex-fed-holds-steady-ditches-tightening-bias-gold-and-us-dollar-on-the-move-20240131.html?utm_source=dlvr.it&utm_medium=blogger

Apple Q1 2024 earnings preview

Apple is scheduled to report its first (Q1) earnings on Thursday, February 1, 2024.


https://www.dailyfx.com/news/apple-q1-2024-earnings-preview-20240131.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) Steadies After German Inflation Falls, FOMC Decision Up Next

German inflation fell to a two-and-a-half year low of 2.9% in January, preliminary data showed today, down from 3.7% in December.


https://www.dailyfx.com/news/euro-eur-usd-steadies-after-german-inflation-falls-fomc-decision-up-next-20240131.html?utm_source=dlvr.it&utm_medium=blogger

​​​FTSE 100, DAX 40 and S&P 500 take a Breather ahead of the Fed Meeting

​​Outlook on FTSE 100, CAC 40 and S&P 500 amid Fed and BoE meetings and as the remaining three of the ‘magnificent seven’ US stocks report their earnings tomorrow ahead of Friday’s US Non-Farm Payrolls.


https://www.dailyfx.com/news/ftse-100-dax-40-and-s-p-500-take-a-breather-ahead-of-fed-meeting-20240131.html?utm_source=dlvr.it&utm_medium=blogger

ASX Achieved a Record High after Cooler Aussie Inflation, AUD/USD Weaker

Australian inflation cooled in Q4 helping lift the local index to a new all-time high. Continued disinflation reduces lingering suspicions of another hike, weighing on AUD


https://www.dailyfx.com/news/asx-achieved-a-record-high-after-cooler-aussie-inflation-aud-usd-weaker-20240131.html?utm_source=dlvr.it&utm_medium=blogger

FOMC Preview – Price Action Setups on Gold, USD/JPY and Nasdaq 100

In this article, we provide a sneak peek into the upcoming Fed monetary policy announcement set for Wednesday. Additionally, we delve into the technical outlook for gold prices, USD/JPY and the Nasdaq 100.


https://www.dailyfx.com/news/forex-fomc-preview-price-action-setups-on-gold-usd-jpy-and-nasdaq-100-20240130.html?utm_source=dlvr.it&utm_medium=blogger

IMF Upgrades Global Growth as Major Economies Show Resilience

The IMF foresees a more resilient global economy led by the US and positive fiscal efforts in China to re-energise its economy. Risks to the outlook appear more balanced


https://www.dailyfx.com/news/imf-upgrades-global-growth-as-major-economies-show-resilience-20240130.html?utm_source=dlvr.it&utm_medium=blogger

GBP/USD Holds Above 1.2600 As Year’s First Central Bank Meets Near

Both the Federal Reserve and the Bank of England will give their first 2024 rate calls this week. Neither is expected to cut rates, but both may indicate willingness to.


https://www.dailyfx.com/news/gbp-usd-holds-above-1-2600-as-year-s-first-central-bank-meets-near-20240130.html?utm_source=dlvr.it&utm_medium=blogger

Fed Preview – What’s Ahead for Gold Prices, the U.S. Dollar, Yields and Stocks?

This article offers a preview of the upcoming Fed monetary policy announcement scheduled for Wednesday, examining two possible scenarios and their potential repercussions on gold prices, yields, the U.S. dollar, and stocks.


https://www.dailyfx.com/news/forex-fed-preview-what-s-ahead-for-gold-prices-the-u-s-dollar-yields-and-stocks-20240129.html?utm_source=dlvr.it&utm_medium=blogger

Microsoft Corp Q2 2024 Earnings Preview

Microsoft Corp is scheduled to report its second (Q2) earnings on Tuesday, January 30th, 2024, after the market closes.


https://www.dailyfx.com/news/microsoft-corp-q2-2024-earnings-preview-20240129.html?utm_source=dlvr.it&utm_medium=blogger

USD Ahead of FOMC: EUR/USD, GBP/USD, USD/JPY Setups

The US dollar faces a massive week ahead. The FOMC provides policy updates, mage-cap tech stocks release quarterly earnings and NFP data is due Friday


https://www.dailyfx.com/news/usd-ahead-of-fomc-eur-usd-gbp-usd-usd-jpy-setups-20240129.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Prices Slip After Strong Run, Market Awaits US’ Jordan Response

Crude Oil prices retreated a little on Monday after a string of gains last week took them back to highs not seen for twelve weeks.


https://www.dailyfx.com/news/crude-oil-prices-slip-after-strong-run-market-awaits-us-jordan-response-20240129.html?utm_source=dlvr.it&utm_medium=blogger

Gold and Silver Push Higher as Middle East Tensions Escalate, FOMC and US NFPs Near

Gold and silver grab a bid after Iranian drone strikes on US service personnel over the weekend, while later this week the latest FOMC decision and US Jobs Report will drive rate cut expectations.


https://www.dailyfx.com/news/gold-and-silver-push-higher-as-middle-east-tensions-escalate-fomc-and-us-nfps-near-20240129.html?utm_source=dlvr.it&utm_medium=blogger

Asia Update: Evergrande Liquidation Order Fails to Sour the Mood - AUD, CNH

The Australian Dollar and offshore Chinese Yuan saw little impact after a Hong Kong court ruled to liquidate the ailing property giant Evergrande


https://www.dailyfx.com/news/asia-update-evergrande-liquidation-order-fails-to-sour-the-mood-aud-cnh-20240129.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: Fed and BoE Decisions, US Jobs Data, Microsoft, Apple, Amazon Report

A huge week ahead for headline economic data, events, and big tech earnings reports. Volatility is likely to pick up across a range of assets classes.


https://www.dailyfx.com/news/markets-week-ahead-fed-and-boe-decisions-us-jobs-data-microsoft-apple-amazon-report-20240128.html?utm_source=dlvr.it&utm_medium=blogger

USD/JPY in Consolidation Stage but Fed Decision May Spark Big Directional Move

This article focuses on the USD/JPY technical outlook ahead of the Fed decision, highlighting important price levels that could serve as resistance or support in the near term.


https://www.dailyfx.com/news/forex-usd-jpy-in-consolidation-stage-but-fed-decision-may-spark-big-directional-move-20240126.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR/USD) Under Pressure as Markets Push the ECB to Start Cutting Rates Earlier

The ECB left its monetary policy unchanged yesterday, and reiterated that rates cuts were data dependent, but the market seems to have different ideas.


https://www.dailyfx.com/news/euro-eur-usd-under-pressure-as-markets-push-the-ecb-to-start-cutting-rates-earlier-20240126.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: Core PCE to Set Tone, Setups on EUR/USD, GBP/USD and Gold

This article delves into the technical prospects of the U.S. dollar, with a specific focus on analyzing price action dynamics for EUR/USD and GBP/USD. Additionally, the technical outlook for gold is thoroughly examined.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-core-pce-to-set-tone-setups-eur-usd-gbp-usd-gold-prices-20240125.html?utm_source=dlvr.it&utm_medium=blogger

Gold Price Forecast: Core PCE Data to Guide Markets ahead of Fed Decision

This article focuses on gold’s outlook, analyzing important price levels that could serve as technical resistance or support in the coming trading sessions ahead of the Fed decision next week.


https://www.dailyfx.com/news/xau-usd-gold-price-forecast-core-pce-data-to-guide-markets-ahead-of-fed-decision-20240125.html?utm_source=dlvr.it&utm_medium=blogger

ECB Leaves Interest Rates Unchanged, EUR/USD Listless Ahead of Press Conference and US Q4 GDP

The European Central Bank (ECB) played a straight bat at today’s policy announcement, leaving all rates unchanged and giving little away. A currently lackluster EUR/USD needs another driver.


https://www.dailyfx.com/news/ecb-leaves-interest-rates-unchanged-eur-usd-listless-ahead-of-press-conference-and-us-q4-gdp-20240125.html?utm_source=dlvr.it&utm_medium=blogger

USD/CAD Latest After BoC Makes Dovish Shift, Price Pressures Remain

The Bank of Canada expressed that interest rates have most likely plateaued but tempered expectations of aggressive cuts by highlighting remaining core price pressures


https://www.dailyfx.com/news/usd-cad-latest-after-boc-makes-dovish-shift-price-pressures-remain-20240125.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: US Q4 GDP in Focus, Setups on EUR/USD, USD/JPY, GBP/USD

This article examines the U.S. dollar technical outlook, with a focus on three major FX pairs: EUR/USD, USD/JPY and GBP/USD.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-us-q4-gdp-in-focus-setups-on-eur-usd-usd-jpy-gbp-usd-20240124.html?utm_source=dlvr.it&utm_medium=blogger

USD/JPY Price Update: Uptick in Japanese Government Bonds Lifts the Yen

Positive statements from the BoJ Governor Ueda and an uplift in government bonds provides the Japanese Yen with a lift ahead of high importance US data


https://www.dailyfx.com/news/usd-jpy-price-update-uptick-in-japanese-government-bonds-lifts-the-yen-20240124.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Struggles Despite Better-than-Expected US PMI Data; GDP, PCE Next

The U.S. dollar, as measured by the DXY index, traded lower on Wednesday despite better-than-forecast PMI results. U.S. GDP and PCE data will steal the limelight over the next two days.


https://www.dailyfx.com/news/forex-usd-dollar-struggles-despite-better-than-expected-us-pmi-data-gdp-pce-next-20240124.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Rallies on Robust UK PMIs, GBP/USD and EUR/GBP Latest

UK services activity continues to pick up, according to the latest S&P Global PMIs, and that is giving Sterling a boost in the FX market


https://www.dailyfx.com/news/british-pound-rallies-on-robust-uk-pmis-gbp-usd-and-eur-gbp-latest-20240124.html?utm_source=dlvr.it&utm_medium=blogger

Gold and Silver Continue to Struggle, Heavyweight US Data Releases Later this Week

Pared back US rate cut expectations continue to dampen the outlook for gold and silver. Will US data spark a revival in the precious metals?


https://www.dailyfx.com/news/gold-and-silver-continue-to-struggle-heavyweight-us-data-releases-later-this-week-20240123.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Prices Retrace Despite News of More US/UK Strikes in Yemen

Crude Oil Prices returned some modest early gains in Europe on Tuesday with the market still hovering between various geopolitical worries and concerns about real, end-user demand for energy.


https://www.dailyfx.com/news/crude-oil-prices-retrace-despite-news-of-more-us-uk-strikes-in-yemen-20240123.html?utm_source=dlvr.it&utm_medium=blogger

Pound Sterling Price Action Setups: GBP/USD, EUR/GBP, GBP/JPY

Reduced budget deficit in December puts tax cuts back on the agenda before the Spring Statement. Sterling could continue its rise with the help of improving PMI data


https://www.dailyfx.com/news/pound-sterling-price-action-setups-gbp-usd-eur-gbp-gbp-jpy-20240123.html?utm_source=dlvr.it&utm_medium=blogger

​​​​Dow and Nasdaq 100 at Record Highs, while the Russell 2000 Continues to Rebound

​​US markets are in solid form ahead of major tech earnings this week, and even the Russell 2000 has rediscovered its bullish momentum.​


https://www.dailyfx.com/news/dow-and-nasdaq-100-at-record-highs-while-the-russell-2000-continues-to-rebound-20240123.html?utm_source=dlvr.it&utm_medium=blogger

USD/JPY Slips Lower After BoJ Stands Pat but Hints on Improving Inflation Outlook

USD/JPY is trading around 147.50 in early European trade after the Bank of Japan left all policy dials untouched at its latest meeting but gave a slight hint that inflation may be moving higher.


https://www.dailyfx.com/news/usd-jpy-slips-lower-after-boj-stands-pat-but-hints-on-improving-inflation-outlook-20240123.html?utm_source=dlvr.it&utm_medium=blogger

Oil (Brent Crude, WTI) Edge Cautiously Higher - Follow through Lacking

A pessimistic growth outlook continues to limit oil’s upside potential despite elevated geopolitical tensions. Could better-than-expected US GDP provide a bullish catalyst?


https://www.dailyfx.com/news/oil-brent-crude-wti-edge-cautiously-higher-follow-through-lacking-20240122.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Ticks Up As Market Looks Toward BOJ’s First 2024 Rate Call

The yen ticks up modestly ahead of the Bank of Japan's first meeting of 2024. No policy changes are expected but updated inflation forecasts may reignite interest in future cuts


https://www.dailyfx.com/news/japanese-yen-ticks-up-as-market-looks-toward-boj-s-first-2024-rate-call-20240122.html?utm_source=dlvr.it&utm_medium=blogger

FTSE 100 Struggles while DAX 40 Rises and S&P 500 Trades at Record Highs​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid Fed blackout period and as US earnings season continues.


https://www.dailyfx.com/news/ftse-100-struggles-while-dax-40-rises-and-s-p-500-trades-at-record-highs-20240122.html?utm_source=dlvr.it&utm_medium=blogger

Modest Start to the Week for AUD, PBOC Maintains Benchmark Rate

Chinese benchmark rates were left unchanged earlier today, sending AUD lower. However, positive sentiment in the S&P 500 offer a way out for AUD but US earnings remain key


https://www.dailyfx.com/news/modest-start-to-the-week-for-aud-pboc-maintains-benchmark-rate-20240122.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: Gold Under Pressure, US Equities Rally, USD Holds Recent Highs

US equities have shaken off their poor start to the year and are now posting fresh multi-year and all-time highs. Growing expectations of a soft landing and falling inflation in the US is driving the latest move higher.


https://www.dailyfx.com/news/markets-week-ahead-gold-under-pressure-us-equities-rally-usd-holds-recent-highs-20240121.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: EUR/USD, USD/JPY, USD/CAD & AUD/USD’s Path Tied to US PCE

This article examines the fundamental and technical outlook for the U.S. dollar, focusing on major FX pairs such as EUR/USD, USD/JPY, USD/CAD and AUD/USD.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-eur-usd-usd-jpy-usd-cad-aud-usd-s-path-tied-to-us-pce-20240121.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast – EUR/USD, USD/CAD and AUD/USD. Where to Next?

This article focuses on the technical outlook for several major pairs, such as EUR/USD, USD/CAD and AUD/USD. The piece also explores crucial price thresholds worth keeping an eye on in the upcoming trading sessions.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-eur-usd-usd-cad-and-aud-usd-where-to-next-20240119.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Latest – BoJ Is Watching the Latest USD/JPY Rally with Interest

USD/JPY is a nearing levels that may prompt the Bank of Japan to start talking intervention. Tuesday’s rate decision and the Quarterly Outlook Report remain key for the Yen’s next move.


https://www.dailyfx.com/news/japanese-yen-latest-boj-is-watching-the-latest-usd-jpy-rally-with-interest-20240119.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Stands Tall, Technical Setups on USD/CAD and AUD/USD

This article will explore the technical outlook for USD/CAD and AUD/USD, analyzing important price thresholds that should be on every trader's radar in the coming days and weeks.


https://www.dailyfx.com/news/forex-usd-dollar-stands-tall-technical-setups-on-usd-cad-and-aud-usd-20240118.html?utm_source=dlvr.it&utm_medium=blogger

Yen Scores Small, Nervous Gains On US Dollar In Wait For Japan CPI

The Japanese Yen remains under severe fundamental pressure against its US rival, but got some respite on Thursday


https://www.dailyfx.com/news/yen-scores-small-nervous-gains-on-us-dollar-in-wait-for-japan-cpi-20240118.html?utm_source=dlvr.it&utm_medium=blogger

ECB Minutes Shift Focus to Wages: EUR/USD, EUR/GBP, EUR/JPY Setups

ECB highlights wage pressures as the next challenge to price stability as workers look to recover from a drop in real wages. EUR/USD, EUR/GBP and EUR/JPY price action setups explored


https://www.dailyfx.com/news/ecb-minutes-shift-focus-to-wages-eur-usd-eur-gbp-eur-jpy-setups-20240118.html?utm_source=dlvr.it&utm_medium=blogger

Sterling Attempts to Build on Yesterday’s Advance as Data Schedule Cools

Sterling caught a bid yesterday after headline and core measures of inflation beat estimates, forcing a downward revision in rate cut expectations. Monitoring GBP/JPY


https://www.dailyfx.com/news/sterling-attempts-to-build-on-yesterday-s-advance-as-data-schedule-cools-20240118.html?utm_source=dlvr.it&utm_medium=blogger

EU Breaking News: German Inflation Rises While Sentiment Improves

German inflation rose in December while general economic sentiment continues to make small strides in the right direction despite stagnant growth in Europe


https://www.dailyfx.com/news/eu-breaking-news-german-inflation-rises-while-sentiment-improves-20240116.html?utm_source=dlvr.it&utm_medium=blogger

CAC 40, Nasdaq 100 and Russell 2000 try to Stabilize after Tuesday’s Hit

​​Outlook on CAC 40, Nasdaq 100 and Russell 2000 ahead of US job openings, manufacturing data and FOMC minutes.


https://www.dailyfx.com/news/cac-40-nasdaq-100-and-russell-2000-try-to-stabilize-after-tuesday-s-hit-20240103.html?utm_source=dlvr.it&utm_medium=blogger

Gold Prices Slip as US Dollar, Yields Blast Higher; Nasdaq 100 Sinks to Support

This article focuses on the technical outlook for gold (XAU/USD) and the Nasdaq 100, analyzing price action dynamics and market sentiment


https://www.dailyfx.com/news/xau-usd-gold-prices-slip-as-us-dollar-yields-blast-higher-nasdaq-100-sinks-to-support-20240102.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Comes Alive as Yields Fly, Setups on EUR/USD, GBP/USD and USD/JPY

This article focuses the outlook for the U.S. dollar, analyzing price action for major pairs such as EUR/USD, GBP/USD and USD/JPY ahead of high-impact events later in the week.


https://www.dailyfx.com/news/forex-usd-dollar-comes-alive-as-yields-fly-setups-on-eur-usd-gbp-usd-usd-jpy-20240102.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU), Oil (USOIL) Bitcoin (BTC) Technical Outlooks and Prices

Gold continues to push higher, oil is nearly 3% higher on geopolitical concerns and Bitcoin is at a fresh 21-month high ahead of the SEC’s ETF decision


https://www.dailyfx.com/news/gold-xau-oil-usoil-bitcoin-btc-technical-outlooks-and-prices-20240102.html?utm_source=dlvr.it&utm_medium=blogger

FTSE 100, Dax 40 and S&P 500 Kick Off the New Year on a Positive Footing​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 as markets re-open after the festive season.


https://www.dailyfx.com/news/ftse-100-dax-40-and-s-p-500-kick-off-the-new-year-on-a-positive-footing-20240102.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR) Drifts Lower Against the US Dollar, Trend Remains Intact

The US dollar has grabbed a small bid as markets re-open, aided by slightly higher US Treasury yields. EUR/USD is eyeing a break below 1.1000 but this may prove temporary.


https://www.dailyfx.com/news/euro-eur-drifts-lower-against-the-us-dollar-trend-remains-intact-20240102.html?utm_source=dlvr.it&utm_medium=blogger

Markets Q1 Outlook: Gold & Stocks in Record Zone, EUR/USD, GBP/USD Soar as USD Breaks Down

Different market dynamics are poised to unfold in the near term, potentially bringing about increased volatility and enticing trading setups for major assets in the first quarter of 2024.


https://www.dailyfx.com/news/forex-markets-q1-outlook-gold-stocks-in-record-zone-eur-usd-gbp-usd-soar-as-usd-breaks-down-20240101.html?utm_source=dlvr.it&utm_medium=blogger