DAX Edges Down, S&P 500 Eyes 5000 and Nasdaq 100 Hits New Record High

While the Dax has seen some weakness in the past 24 hours, the S&P 500 and Nasdaq 100 have both hit new peaks, the former getting very close to the 5000 level for the first time.

from DailyFX – Market News https://bit.ly/3w3FxD4
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Yen Softens as Senior BoJ Official Favours a Cautious Exit from Negative Rates

The Deputy Governor of the Bank of Japan has signalled a cautious approach to the eventual normalisation of its ultra-loose monetary policy. Yen weakened as a result

from DailyFX – Market News https://bit.ly/3w9Qsvc
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Gold Price Forecast: US Inflation Data to Guide Trend; XAU/USD Levels Ahead

This article focuses on gold’s fundamental and technical outlook, pinpointing significant catalysts for volatility and essential price thresholds that could act as support or resistance in the coming days.

from DailyFX – Market News https://bit.ly/42yOnVv
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US Dollar Forecast: Seeking New Drivers; Setups on EUR/USD, USD/CAD, AUD/USD

This article will examine the technical outlook for three U.S. dollar FX pairs: EUR/USD, USD/CAD and AUD/USD, highlighting critical price levels that should be monitored in the coming sessions ahead of next week’s U.S. CPI figures.

from DailyFX – Market News https://bit.ly/49rcaJj
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S&P 500: Why US Stocks May Not Feel the Love in February

Seasonal trends suggest that February is an uninspiring month for returns, something that tends to take place in an election year too. Price action disagrees

from DailyFX – Market News https://bit.ly/3UEd8h4
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