S&P 500 Forecast: Index Creeps Toward 4000 Mark, Can it Break Higher?

The S&P 500 trades within striking distance of the psychologically-significant 4,000 mark but can it break the key barrier as weakness in market leaders like Apple and Amazon continues to weigh?

from DailyFX – Market News https://bit.ly/3fu3NnE
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US Dollar Outlook: DXY Index Forges Ahead to Fresh 4-Month High

The US Dollar is extending its advance as broad-based strength across USD price action propels the DXY Index to new four-month highs. Will the US Dollar continue to gain ground in the days ahead?

from DailyFX – Market News https://bit.ly/3wfpjCs
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USD/CAD to Track Monthly Range Amid Failure to Hold Above 50-Day SMA

Lack of momentum to push back above the 50-Day SMA (1.2644) may keep USD/CAD within the March range like the price action from earlier this month.

from DailyFX – Market News https://bit.ly/3fr3WIm
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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

The drumbeat continues: rising US Treasury yields are a sign of the market’s confidence in the recovery, not a sign that inflation will run higher and hotter than anticipated.

from DailyFX – Market News https://bit.ly/3wccid0
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