Risk Sentiment Positive: VIX and Gold Move Lower, US Dollar Firms, Amazon’s Results Near

Risk assets continue to push ahead, albeit in quiet trading conditions, ahead of the latest Fed policy decision and the monthly US Jobs Report


https://www.dailyfx.com/news/risk-sentiment-positive-vix-and-gold-move-lower-us-dollar-firms-amazon-s-results-near-20240430.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Tanks Ahead of Fed Verdict, NFP Data - EUR/USD, GBP/USD, USD/CAD

This article explores the fundamental and the technical outlook for the U.S. dollar, zeroing in on three popular and very liquid pairs: EUR/USD, GBP/USD and USD/CAD.


https://www.dailyfx.com/news/us-dollar-slips-ahead-of-fed-verdict-nfp-data-eur-usd-gbp-usd-usd-cad-20240429.html?utm_source=dlvr.it&utm_medium=blogger

Aussie Dollar Technical Analysis: AUD/USD, AUD/NZD, AUD/JPY Price Setups

The Aussie dollar is one of the more recent standouts in the FX space, benefitting from a risk off environment and hotter-than-expected inflation. AUD Setups analysed


https://www.dailyfx.com/news/aussie-dollar-technical-analysis-aud-usd-aud-nzd-aud-jpy-price-setups-20240429.html?utm_source=dlvr.it&utm_medium=blogger

Gold Price Under Technical Pressure, All Eyes on Fed Rate Decision and NFPs

Gold is struggling to move higher as haven assets remain in the doldrums. This week’s Fed policy decision and US Jobs Report are likely to wake up the precious metal.


https://www.dailyfx.com/news/gold-price-under-technical-pressure-all-eyes-on-fed-rate-decision-and-nfps-20240429.html?utm_source=dlvr.it&utm_medium=blogger

USD/JPY Plummets after Speculation of FX Intervention

USD/JPY touched 160 and reversed sharply towards 155 as suspicions of FX intervention did the rounds on Monday. Rate differential remains a major stumbling block


https://www.dailyfx.com/news/usd-jpy-plummets-after-speculation-of-fx-intervention-20240429.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: FOMC, Apple, Amazon, USD/JPY, Gold, and USD Outlooks

Risk markets pushed higher over the week, spurred on by a lull in Israel/Iran hostilities. Next week the FOMC and tech heavyweights Amazon and Apple will dominate risk sentiment.


https://www.dailyfx.com/news/markets-week-ahead-fomc-apple-amazon-usd-jpy-gold-and-usd-outlooks-20240428.html?utm_source=dlvr.it&utm_medium=blogger

Gold Weekly Forecast: XAU/USD Bullish Drivers Dissipate

Gold rose last week but the size of the recent gains have tapered off as risk sentiment recovered. Will elevated rates weigh on gold or will growth concerns provide support?


https://www.dailyfx.com/news/gold-weekly-forecast-xau-usd-bullish-drivers-dissipate-20240427.html?utm_source=dlvr.it&utm_medium=blogger

US PCE Data Beats Expectations - Price Pressures Delay Rate Cut Plans

Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set interest rates


https://www.dailyfx.com/news/us-pce-data-beats-expectations-price-pressures-delay-rate-cut-plans-20240426.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Prices Retrace Some Losses Despite US Demand Doubts

US crude inventories fell, but much of this was down to oil exports rather than strong local demand.


https://www.dailyfx.com/news/crude-oil-prices-retrace-some-losses-despite-us-demand-doubts-20240425.html?utm_source=dlvr.it&utm_medium=blogger

US Q1 GDP Misses Forecasts, PCE Beats Estimates, US Dollar Moves Higher

The US economy expanded by 1.6% q/q in the first three months of the year, missing estimates of 2.5% and down from 3.4% in Q4 2023. US dollar firms after PCE figures nudge higher.


https://www.dailyfx.com/news/us-q1-gdp-misses-forecasts-pce-beats-estimates-us-dollar-moves-higher-20240425.html?utm_source=dlvr.it&utm_medium=blogger

USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting

The yen continues to depreciate, adding pressure to Japanese authorities to respond. Will recent wage growth and yen weakness bring the inflation target within reach?


https://www.dailyfx.com/news/usd-jpy-breaches-line-in-the-sand-ahead-of-boj-meeting-20240425.html?utm_source=dlvr.it&utm_medium=blogger

Euro Outlook – EUR/USD and EUR/GBP Technical Analysis and Sentiment Latest

The Euro has been buffeted over the last few sessions against the US dollar, while EUR/GBP has jumped on recent Sterling weakness.


https://www.dailyfx.com/news/euro-outlook-eur-usd-and-eur-gbp-technical-analysis-and-sentiment-latest-20240424.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Lower Again, USDJPY Market Weighs Intervention Chances

With the Yen at multi-decade lows, and commentary out of Tokyo suggesting enough is nearly enough, this is not a market to look away from now.


https://www.dailyfx.com/news/japanese-yen-lower-again-usdjpy-market-weighs-intervention-chances-20240424.html?utm_source=dlvr.it&utm_medium=blogger

Risk Sentiment Remains Positive: Gold, VIX, Tesla Latest Outlooks

Financial markets remain risk-on as positive sentiment continues to push prices higher.


https://www.dailyfx.com/news/risk-sentiment-remains-positive-gold-vix-tesla-latest-outlooks-20240424.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers

The dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s numbers. Growth and inflation data and US Treasury auctions now on the horizon.


https://www.dailyfx.com/news/us-dollar-rattled-by-weak-pmis-us-gdp-and-core-pce-remain-this-week-s-key-drivers-20240423.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations

Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough


https://www.dailyfx.com/news/british-pound-bounces-at-downtrend-line-still-pressured-by-rate-cut-expectations-20240423.html?utm_source=dlvr.it&utm_medium=blogger

Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus

The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict


https://www.dailyfx.com/news/gold-s-surge-halted-as-risk-appetite-returns-us-economic-data-in-focus-20240423.html?utm_source=dlvr.it&utm_medium=blogger

Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week

Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?


https://www.dailyfx.com/news/yen-alert-suzuki-stresses-trilateral-support-ahead-of-golden-week-20240423.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Latest: USD/JPY and GBP/JPY Technical Analysis and Outlooks

The Bank of Japan’s latest policy decision, US Q1 GDP, and Core PCE data makes this an important week for USD/JPY traders.


https://www.dailyfx.com/news/japanese-yen-latest-usd-jpy-and-gbp-jpy-technical-analysis-and-outlooks-20240422.html?utm_source=dlvr.it&utm_medium=blogger

EURUSD Steadies As Market Looks Ahead To Key US Inflation Numbers

The Euro’s sharp slide has relaxed a little but there are still few if any reasons to back the single currency over the greenback


https://www.dailyfx.com/news/eurusd-steadies-as-market-looks-ahead-to-key-us-inflation-numbers-20240422.html?utm_source=dlvr.it&utm_medium=blogger

Aussie Dollar Outlook: Sentiment Reversal Fuels AUD Recovery

The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a threat to AUD


https://www.dailyfx.com/news/aussie-dollar-outlook-sentiment-reversal-fuels-aud-recovery-20240422.html?utm_source=dlvr.it&utm_medium=blogger

GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary

Sterling fell late Friday after BoE dep gov Dave Ramsden reiterated governor Bailey’s recent view that inflation is set to drop sharply


https://www.dailyfx.com/news/gbp-usd-eur-gbp-outlooks-sterling-weakens-after-bank-of-england-commentary-20240422.html?utm_source=dlvr.it&utm_medium=blogger

Markets Week Ahead: Gold, EUR/USD, USD/JPY - BoJ, US GDP, Core PCE, Big Tech Earnings

The upcoming week brings the Bank of Japan’s monetary policy decision and a flurry of high-impact economic data and earnings, setting the stage for potential volatility in financial markets.


https://www.dailyfx.com/news/markets-week-ahead-gold-eur-usd-usd-jpy-boj-us-gdp-core-pce-big-tech-earnings-20240421.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Forecast: Markets Await US GDP & Core PCE - EUR/USD, USD/JPY, GBP/USD

This article focuses on the fundamental and technical outlook for the U.S. dollar across three key pairs: EUR/USD, USD/JPY and GBP/USD. In the piece, we also explore market sentiment and price action dynamics ahead of major U.S. economic releases in the coming week.


https://www.dailyfx.com/news/forex-usd-dollar-forecast-markets-await-us-gdp-core-pce-eur-usd-usd-jpy-gbp-usd-20240421.html?utm_source=dlvr.it&utm_medium=blogger

Japanese Yen Sentiment Analysis & Outlook: USD/JPY, EUR/JPY, GBP/JPY

This article presents a detailed analysis of retail sentiment on the Japanese yen, examining three key currency pairs: USD/JPY, EUR/JPY, and GBP/JPY. Moreover, we assess various scenarios driven by contrarian signals within each market.


https://www.dailyfx.com/news/forex-japanese-yen-sentiment-analysis-outlook-usd-jpy-eur-jpy-gbp-jpy-20240419.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Braced for Further Swings in Risk as Middle East Conflict Escalates

An Israeli airstrike on Isfahan in Iran has stoked fears of further conflict in the Middle East. Iran is so far playing down the incident, but safe haven assets, including the dollar, are still bid.


https://www.dailyfx.com/news/us-dollar-braced-for-further-swings-in-risk-as-middle-east-conflict-escalates-20240419.html?utm_source=dlvr.it&utm_medium=blogger

Gold Price Update: Israeli Attack Lifts Safe Haven Appeal, Weighs on Risk Assets

Reports of an Israeli attack on Iran fueled a further drive to safety as the risk of a broader conflict hangs in the balance. Overnight, FX markets revealed the risk off response


https://www.dailyfx.com/news/gold-price-update-israeli-attack-lifts-safe-haven-appeal-weighs-on-risk-assets-20240419.html?utm_source=dlvr.it&utm_medium=blogger

The Impact of Geopolitical Tensions on Oil Prices

Geopolitical events, such as conflicts, sanctions and policy changes, can significantly impact global oil supply and demand, sparking price volatility.


https://www.dailyfx.com/news/the-impact-of-geopolitical-tensions-on-oil-prices-20240418.html?utm_source=dlvr.it&utm_medium=blogger

Crude Oil Prices Slip Again As Higher-For-Longer Rate Prospects Dent Supply Hopes

Monetary policy questions are trumping geopolitics in the energy market


https://www.dailyfx.com/news/crude-oil-prices-slip-again-as-higher-for-longer-rate-prospects-dent-supply-hopes-20240418.html?utm_source=dlvr.it&utm_medium=blogger

USD/JPY Latest: Trilateral Meeting Hints at Co-ordinated Intervention Effort

A trilateral meeting between Japan, Korea and the US focused on FX volatility has offered up the possibility of a coordinated effort to strengthen the Asian currencies


https://www.dailyfx.com/news/usd-jpy-latest-trilateral-meeting-hints-at-co-ordinated-intervention-effort-20240418.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) Price Holds Steady Amid Pause in Middle East Tensions

The precious metal is getting a small bid from a slightly weaker US dollar and fears that Iran’s recent drone and missile attack will soon spark retaliatory action from Israel.


https://www.dailyfx.com/news/gold-xau-usd-price-holds-steady-amid-pause-in-middle-east-tensions-20240418.html?utm_source=dlvr.it&utm_medium=blogger

USDZAR Price Forecast: Rand Remains Steady after Local CPI Inflation

While inflation is moderating, rates appear unlikely to ease in the first half of 2024


https://www.dailyfx.com/news/usdzar-price-forecast-rand-remains-steady-after-local-cpi-inflation-20240418.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Playbook: Technical Setups for EUR/USD, AUD/USD, USD/JPY

The greenback appears to be buoyed by a recent safe haven bid amid the Israel-Iran conflict. The dollar remains strong at a time of rapidly changing rate cut bets


https://www.dailyfx.com/news/us-dollar-playbook-technical-setups-for-eur-usd-aud-usd-usd-jpy-20240416.html?utm_source=dlvr.it&utm_medium=blogger

Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar

In the world of finance, words can sometimes be as powerful as actions. Known as "Fedspeak", the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets.


https://www.dailyfx.com/news/decoding-fedspeak-how-central-banker-comments-move-markets-gold-us-dollar-20240404.html?utm_source=dlvr.it&utm_medium=blogger

Pound Sterling Update: GBP/USD Lifts Higher, GBP/CHF Treads Carefully

Sterling boasts a strong interest rate differential, but encouraging inflation data has undermined the currency somewhat. UK data is light but NFP ought to shake things up


https://www.dailyfx.com/news/pound-sterling-update-gbp-usd-lifts-higher-gbp-chf-treads-carefully-20240403.html?utm_source=dlvr.it&utm_medium=blogger

Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities Outlooks

The second quarter of the year looks set to bring renewed volatility to a wide range of assets classes as a slew of central banks look set to pull the trigger on interest rate cuts.


https://www.dailyfx.com/news/market-q2-forecasts-us-dollar-gold-euro-oil-bitcoin-yen-equities-outlooks-20240403.html?utm_source=dlvr.it&utm_medium=blogger

Gold Price Achieves Another All-Time High as Safe Haven Appeal Ramps up

Gold volatility has been on the rise, buoyed further by the recent escalations in Russia and the Middle East adding to the metal’s safe haven appeal


https://www.dailyfx.com/news/gold-price-achieves-another-all-time-high-as-safe-haven-appeal-ramps-up-20240403.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Stumbles Before Key Jobs Data; Setups on EUR/USD, USD/JPY, USD/CAD

The upcoming release of the March U.S. jobs report is set to inject considerable volatility into financial markets and could have a decisive impact on the performance of the U.S. dollar in the near future.


https://www.dailyfx.com/news/forex-usd-dollar-stumbles-before-key-jobs-data-setups-on-eur-usd-usd-jpy-usd-cad-20240402.html?utm_source=dlvr.it&utm_medium=blogger

Brent, WTI Reach Yearly High amid Escalations in Russia and Middle East

A drone strike on Russian oil infrastructure and Israel’s targeted attack on the Iranian embassy in Damascus helped maintain oil’s recent rise ahead of the OPEC meeting


https://www.dailyfx.com/news/brent-wti-reach-yearly-high-amid-escalations-in-russia-and-middle-east-20240402.html?utm_source=dlvr.it&utm_medium=blogger

British Pound Bounces As Manufacturing Scrapes Back Into Growth

Sterling was knocked by some surprise strength in US output and remains under pressure despite some domestic expansion.


https://www.dailyfx.com/news/british-pound-bounces-as-manufacturing-scrapes-back-into-growth-20240402.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Rallies, EUR/USD Slumps, Gold Continues to Push Ever Higher

The US dollar is trading at a multi-month high after data showed that inflation in the US is creeping higher. Despite higher US Treasury yields, gold continues to eye a fresh record high.


https://www.dailyfx.com/news/us-dollar-rallies-eur-usd-slumps-gold-continues-to-push-ever-higher-20240402.html?utm_source=dlvr.it&utm_medium=blogger

Market Sentiment: Gold’s Bullish Outlook Intact; AUD/USD, NZD/USD Biased Lower

This article meticulously examines retail sentiment on gold, AUD/USD, and NZD/USD, analyzing potential outcomes using contrarian indicators.


https://www.dailyfx.com/news/market-sentiment-gold-s-bullish-outlook-intact-aud-usd-nzd-usd-biased-lower-20240401.html?utm_source=dlvr.it&utm_medium=blogger

SPY and QQQ Seem Overbought but RSP Looks Attractive

After a blazing start to 2024, led by AI-fueled tech enthusiasm and the Fed's dovish pivot, U.S. stocks might have further room to run. However, high valuations demand that traders and investors alike become more selective.


https://www.dailyfx.com/news/spy-and-qqq-seem-overbought-but-rsp-looks-attractive-20240401.html?utm_source=dlvr.it&utm_medium=blogger