British Pound Forecast: GBP/USD Hit by UK Recession Risks and Fed Hawkishness

Sterling maintains a bearish outlook against the U.S. dollar from a fundamental and technical standpoint, suggesting that the British currency could continue to lose ground in the FX market.

from DailyFX – Market News https://bit.ly/3wD40wu
via IFTTT

Dow Jones Index: DJI Dragged Down by Stronger USD and Rising Yields

Dow Jones futures continues to test the 32,000 psychological level as rate hike expectations and rising yields weigh on global equities, supporting US Dollar strength.

from DailyFX – Market News https://bit.ly/3wDs1U8
via IFTTT

DAX Remains Under Pressure as Europe’s ‘Fear Index’ Hits Six-Week High

The index enjoyed a bounce in European trade after opening with a gap to the downside. The threat of more Fed and ECB rate hikes weighs on the index

from DailyFX – Market News https://bit.ly/3QYmeAV
via IFTTT