S&P 500 and Nasdaq 100 Lose Bullish Steam, but Rally May Still Have Legs to Run

The S&P 500 and Nasdaq 100 record modest losses on Thursday, reversing a positive market open, as traders take profits on fears that the recent rally had gotten ahead of fundamentals

from DailyFX – Market News https://bit.ly/3zS7CLP
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USD/MXN Muted After Banxico Meets Expectations with 75 bp Hike

The Central Bank of Mexico raises 75bp after July inflation number reach its fastest pace in more than two decades

from DailyFX – Market News https://bit.ly/3zQ51lF
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Gold Price Forecast: Bullion Stalls at Resistance but Bullish Breakout in Play

After a strong rally in recent weeks, gold prices have stalled near key technical resistance located slightly above the $1,800 area, but the metal maintains a positive near-term outlook.

from DailyFX – Market News https://bit.ly/3vWItyE
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FTSE 100 Analysis: Relief Rally Muted by Psychological Resistance

FTSE 100 has struggled to hold onto gains after temporarily rising above 7,500. Price action suggests that bulls may be challenged by a few hurdles before the uptrend can resume.

from DailyFX – Market News https://bit.ly/3PdzM9P
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