Dow and Nasdaq 100 Ease Back While Hang Seng Bounce Hits a Wall

US indices continue to tiptoe lower after last week’s highs, while the Hang Seng’s bounce from the January lows is coming under pressure.


https://www.dailyfx.com/news/dow-and-nasdaq-100-ease-back-while-hang-seng-bounce-hits-a-wall-20240229.html?utm_source=dlvr.it&utm_medium=blogger

EUR/USD Rests Upon Key Long-Term Trend Filter Ahead of Key Inflation Data

EU jobs and inflation data in focus today alongside US PCE figures. EUR/USD sits on a key level as traders adopt a ‘wait and see’ approach to FX moves


https://www.dailyfx.com/news/eur-usd-rests-upon-key-long-term-filter-ahead-of-key-inflation-data-20240229.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Grabs a Bid, Emboldened by Bank of Japan Talk

USD/JPY slips back below 150 after one Bank of Japan board member suggested that the central bank’s inflation target is finally in sight


https://www.dailyfx.com/news/japanese-yen-grabs-a-bid-emboldened-by-bank-of-japan-talk-20240229.html?utm_source=dlvr.it&utm_medium=blogger

RBNZ Issues Dovish Hold and Aus Inflation Stands Firm, NZD Weakened

Markets have all but removed the likelihood of further rate hikes from the RBNZ after its dovish hold on the official cash rate. Aussie monthly inflation remains at 3.4%


https://www.dailyfx.com/news/rbnz-issues-dovish-hold-and-aus-inflation-stands-firm-nzd-weakened-20240228.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: PCE Data Takes Center Stage; Setups on EUR/USD & GBP/USD

This article provides an in-depth analysis of the technical outlook for EUR/USD and GBP/USD, considering different possibilities ahead of key U.S. PCE data later in the week.


https://www.dailyfx.com/news/usd-dollar-forecast-pce-data-takes-center-stage-setups-on-eur-usd-gbp-usd-20240227.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Prices Slip Back Despite Red-Sea Supply Worries

Attacks on shipping by Houthi militia in solidarity with Gaza have boosted oil prices. It’s unclear whether any temporary ceasefire would halt them.


https://www.dailyfx.com/news/crude-oil-prices-slip-back-despite-red-sea-supply-worries-20240227.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Outlook: Markets Prioritise CPI Beat over Lower Trending Prices

Markets continue to favour the carry trade despite officials’ warnings around FX intervention. Inflation beat expectations but has declined every month since October


https://www.dailyfx.com/news/japanese-yen-outlook-markets-prioritise-cpi-beat-over-lower-trending-prices-20240227.html?utm_source=dlvr.it&utm_medium=blogger

Bitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD) Touches $3,275 as Buyers Dominate the Market

The cryptocurrency market cap is currently just over $2.13 trillion, up nearly 7% yesterday, as the market turned a sea of green on heavy buying


https://www.dailyfx.com/news/bitcoin-btc-usd-hits-57k-ethereum-eth-usd-touches-3-275-as-buyers-dominate-the-market-20240227.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Eyes US PCE for Cues on Fed Path; EUR/USD, USD/CAD, USD/JPY Setups

This article examines possible scenarios for the U.S. dollar ahead of key U.S. PCE data, scrutinizing the technical outlook for three major FX pairs: EUR/USD, USD/CAD and USD/JPY.


https://www.dailyfx.com/news/forex-usd-dollar-eyes-us-pce-for-cues-on-fed-path-eur-usd-usd-cad-usd-jpy-setups-20240226.html?utm_source=dlvr.it&utm_medium=blogger

Ethereum Spot ETF – The Next Cab Off the Rank?

Following the recent successful launch of more than ten Bitcoin ETFs, the investment community has turned its attention to the second-largest cryptocurrency by market capitalization, Ethereum (ETH).


https://www.dailyfx.com/news/ethereum-spot-etf-the-next-cab-off-the-rank-20240226.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Edges Up Again, US Data Will Run This Week’s Trade

Sterling has enjoyed a run higher thanks in part to some better news from its home economy. There’s not much on this week’s slate, which will leave the Dollar in charge.


https://www.dailyfx.com/news/british-pound-edges-up-again-us-data-will-run-this-week-s-trade-20240226.html?utm_source=dlvr.it&utm_medium=blogger

Aussie Dollar Outlook: AUD/USD Finds Resistance Ahead of Inflation Data

AUD/USD is coming off a string of eight consecutive days of gains but appears to have found resistance at a key longer-term level now that Chinese markets have eased


https://www.dailyfx.com/news/aussie-dollar-outlook-aud-usd-finds-resistance-ahead-of-inflation-data-20240226.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: USD, Euro and Gold Eye Inflation Data, Sterling Supported

US growth and inflation data provide the pick of the bunch this week. CPI in Germany will influence ECB rate cut expectations and will a quiet week in the UK benefit GBP?


https://www.dailyfx.com/news/markets-week-ahead-usd-euro-and-gold-eye-inflation-data-sterling-supported-20240225.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: US PCE to Guide Markets; EUR/USD, GBP/USD, USD/JPY Setups

This article explores the technical outlook for three major U.S. dollar pairs: EUR/USD, GBP/USD, and USD/JPY. In the piece, we also discuss potential market scenarios ahead of key U.S. PCE data.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-us-pce-to-guide-markets-eur-usd-gbp-usd-usd-jpy-setups-20240225.html?utm_source=dlvr.it&utm_medium=blogger

Gold Weakened after Fed Officials Signalled a Preference to Delay Rate Cuts

Fed officials continued to signal a preference to remain patient on the topic of rate cuts as the US economy, consumer and labour market maintain their resilience


https://www.dailyfx.com/news/gold-weakened-after-fed-officials-signalled-a-preference-to-delay-rate-cuts-20240223.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR) Price Latest – EUR/USD Testing 200-SDMA Resistance, EUR/GBP Slipping Into Support

The German economy remains weak and the single currency is starting to struggle against the US dollar and Sterling


https://www.dailyfx.com/news/euro-eur-price-latest-eur-usd-testing-200-sdma-resistance-eur-gbp-slipping-into-support-20240223.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Forecast: Brighter Days Ahead; Setups on USD/JPY, EUR/JPY, GBP/JPY

This article examines the technical outlook for USD/JPY, EUR/JPY, and GBP/JPY, discussing important price thresholds worth keeping an eye on over the next few trading sessions.


https://www.dailyfx.com/news/forex-japanese-yen-forecast-brighter-days-ahead-setups-on-usd-jpy-eur-jpy-gbp-jpy-20240222.html?utm_source=dlvr.it&utm_medium=blogger

Gold Prices Rise Again On Weaker Dollar, Geopolitics Dominate

The prospect of higher-for-longer rates is a headwind for gold, but the markets still think cuts will come, and that’s supportive


https://www.dailyfx.com/news/gold-prices-rise-again-on-weaker-dollar-geopolitics-dominate-20240222.html?utm_source=dlvr.it&utm_medium=blogger

German PMI Data Slumps after Decent Run, Broader EU PMI Data Mixed

Thursday’s PMI data was always going to be scrutinized after the Bundesbank signalled the likelihood of a German recession. Forward-looking metrics disappointed


https://www.dailyfx.com/news/german-pmi-data-slumps-after-decent-run-broader-eu-pmi-data-mixed-20240222.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Heavy As Global Demand Worries Win Out Over Geopolitics

Conflict in Ukraine and Gaza have clouded oil supply prospects but demand is in focus at the moment thanks to higher interest rates and China’s economic woes.


https://www.dailyfx.com/news/crude-oil-heavy-as-global-demand-worries-win-out-over-geopolitics-20240221-20240222.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Trims Losses After Fed Minutes Caution Against Premature Rate Cuts

The Fed minutes showed that most officials are wary of cutting interest rates quickly and want to see additional evidence of persistent disinflation before pulling the trigger. This policy stance could benefit the U.S. dollar for now.


https://www.dailyfx.com/news/forex-usd-dollar-trims-losses-after-fed-minutes-caution-against-premature-rate-cuts-20240221.html?utm_source=dlvr.it&utm_medium=blogger

USD/ZAR Price Forecast: Rand Marginally Weaker after Local CPI Inflation

USD/ZAR price forecast: rand marginally weaker after local CPI inflation


https://www.dailyfx.com/news/usd-zar-price-forecast-rand-marginally-weaker-after-local-cpi-inflation-20240221.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Latest – Exports Hit Record Levels, USD/JPY Testing 150 Again

USD/JPY is trading on either side of 150 on a marginally weaker Japanese Yen after balance of trade data showed Japanese exports booming.


https://www.dailyfx.com/news/japanese-yen-latest-exports-hit-record-levels-usd-jpy-testing-150-again-20240221.html?utm_source=dlvr.it&utm_medium=blogger

Gold Prices on the Rise, Confluence Resistance in Sight. What Now for XAU/USD?

This article examines gold’s outlook, analyzing potential scenarios that may emerge in the near future in light of the Fed’s monetary policy outlook and price action dynamics.


https://www.dailyfx.com/news/gold-prices-on-the-rise-confluence-resistance-in-sight-what-now-for-xau-usd-20240220.html?utm_source=dlvr.it&utm_medium=blogger

Oil Price Outlook: Brent Crude, WTI Ease after Decent Recovery

Oil prices softened on Tuesday after posting a near 10% recovery from the February low. Recent support measures out of China appear to have appeased markets for now


https://www.dailyfx.com/news/oil-price-outlook-brent-crude-wti-ease-after-decent-recovery-20240220.html?utm_source=dlvr.it&utm_medium=blogger

Euro (EUR) Price Latest – EUR/USD Testing Resistance, EUR/GBP Eyes Multi-Week High

The single currency is pushing ahead against a marginally weaker US dollar and British Pound, but further progress may prove difficult.


https://www.dailyfx.com/news/euro-eur-price-latest-eur-usd-testing-resistance-eur-gbp-eyes-multi-week-high-20240220.html?utm_source=dlvr.it&utm_medium=blogger

Sterling Update: GBP/USD Hanging on but Breakdown Threat Looms

Cable has struggled to remain within its broader trading range, attempting to forge a lower path but the key 200-day simple moving average has provided support for the pair


https://www.dailyfx.com/news/sterling-update-gbp-usd-hanging-on-but-breakdown-looms-20240220.html?utm_source=dlvr.it&utm_medium=blogger

Euro Slips In Holiday Thinned Market, Looks Nervously to German PMI

With the US out for the Presidents’ Day holiday, the Euro failed to make back early lost ground.


https://www.dailyfx.com/news/euro-slips-in-holiday-thinned-market-looks-nervously-to-german-pmi-20240219.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Holds On Above $1.26, But Watch That Level Closely

Neither Pound or Dollar have a lot to look forward to in terms of tradable data points this week, which may leave the technical in charge.


https://www.dailyfx.com/news/british-pound-holds-on-above-1-26-but-watch-that-level-closely-20240219.html?utm_source=dlvr.it&utm_medium=blogger

AUD/USD Outlook: AUD Lifted as Chinese Trade Resumes, RBA Minutes Next

The Aussie dollar has enjoyed some good fortune over the last three trading days, buoyed by a positive resumption of trade in China after new year celebrations


https://www.dailyfx.com/news/aud-usd-outlook-aud-lifted-as-chinese-trade-resumes-rba-minutes-next-20240219.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) Nudges Higher in Early Trade, Resistance Levels Near

Gold is opening the week on the front foot and continuing last week’s rally. Price action may be limited today however with US markets closed for the Presidents’ Day holiday.


https://www.dailyfx.com/news/gold-xau-usd-nudges-higher-in-early-trade-resistance-levels-near-20240219.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: US Indices, Gold Recover Losses After US Inflation Fears

Inflation in the US remains sticky at both producer and consumer level but US indices are seemingly ignoring these price pressures and remain near recent multi-year highs.


https://www.dailyfx.com/news/markets-week-ahead-us-indices-gold-recover-losses-after-us-inflation-fears-20240218.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: Bullish Bias Prevails; Setups on EUR/USD, USD/JPY, USD/CAD

This article scrutinizes the technical outlook for three major U.S. dollar pairs: EUR/USD, USD/JPY, and USD/CAD. Within the piece, we assess market sentiment and examine essential price levels that traders should have on their radar in the upcoming days.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-bullish-bias-prevails-setups-on-eur-usd-usd-jpy-usd-cad-20240218.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Gains As Growth Data Put Spotlight On BOJ Policy Shift

Markets have been braced for a withdrawal from the longest period of easy monetary policy by any central bank. Japanese growth data numbers make that less likely


https://www.dailyfx.com/news/japanese-yen-gains-as-growth-data-put-spotlight-on-boj-policy-shift-20240215.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: S&P 500, Dow Hit Fresh Highs, Gold Fades, US Dollar Rallies

A very volatile week ended with a massive NFP beat sending the US dollar to a multi-week high. US indices continue to rally, while gold drifts lower.


https://www.dailyfx.com/news/markets-week-ahead-s-p-500-dow-hit-fresh-highs-gold-fades-us-dollar-rallies-20240204.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: Bulls Return as Bears Bail; Setups on EUR/USD, USD/JPY, AUD/USD

This article provides a comprehensive analysis of the U.S. dollar's fundamental and technical outlook, with a specific focus on EUR/USD, USD/JPY, and AUD/USD. The piece also offers insights into critical price levels for the week ahead.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-bulls-return-as-bears-bail-setups-on-eur-usd-usd-jpy-aud-usd-20240204.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Jumps After NFPs Smash Estimates, Gold Slumps

The latest US Jobs Report smashed market estimates, sending the US dollar higher going into the weekend


https://www.dailyfx.com/news/us-dollar-jumps-after-nfps-smash-estimates-us-dollar-rallies-gold-slumps-20240202.html?utm_source=dlvr.it&utm_medium=blogger

Brent, WTI Update: Oil on Track for Sizeable Weekly Loss

OPEC maintained their output policy and will meet in March to determine Q2 levels. Oil has fallen notably this week as concern around China’s uneven recovery gains pace


https://www.dailyfx.com/news/brent-wti-update-oil-on-track-for-sizeable-weekly-loss-20240202.html?utm_source=dlvr.it&utm_medium=blogger

Gold Price Forecast: US Jobs Data to Shape Near-Term Trend, Setup on XAU/USD

This article centers on the technical outlook for gold, emphasizing critical price thresholds that demand vigilant attention in the coming days. The piece also analyzes two plausible scenarios that may unfold following the release of the US jobs report.


https://www.dailyfx.com/news/gold-price-forecast-us-jobs-data-to-shape-near-term-trend-setup-on-xau-usd-20240201.html?utm_source=dlvr.it&utm_medium=blogger

Dow & Nasdaq 100 Fall after Fed Decision, while Hang Seng Decline Continues

Risk appetite has been hit in the wake of the Fed meeting, though losses in US indices are relatively contained for now. Meanwhile, the Hang Seng is falling once more.


https://www.dailyfx.com/news/dow-nasdaq-100-fall-after-fed-decision-while-hang-seng-decline-continues-20240201.html?utm_source=dlvr.it&utm_medium=blogger

EUR/USD Battered By Fed, Stays Down Despite Small Core HICP Beat

There was no respite for the Euro in data showing resilient inflation, perhaps because that’s not expected to last


https://www.dailyfx.com/news/eur-usd-battered-by-fed-stays-down-despite-small-core-hicp-beat-20240201.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Looks to Jobs Data After Fed; Setups on Gold, EUR/USD, USD/JPY, GBP/USD

This article dives into the technical outlook for gold and major FX pairs (EUR/USD, USD/JPY and GBP/USD) following the Fed monetary policy decision. The piece also offers an in-depth analysis of key price thresholds worth watching later this week.


https://www.dailyfx.com/news/forex-usd-dollar-looks-to-jobs-data-after-fed-setups-on-gold-eur-usd-usd-jpy-gbp-usd-20240131.html?utm_source=dlvr.it&utm_medium=blogger