Etiqueta: DailyFX – Market News

Yen Price Update: Officials Mum on Policy Overhaul, USD/JPY Consolidates

BoJ officials aren’t prepared to commit to a timeframe when negative interest rates will come to an end. Data is yet to convince the committee to end decades long stimulus and USD/JPY consolidates ahead of NFP

from DailyFX – Market News https://bit.ly/4163ghD
via IFTTT

Euro Price Forecast: EUR Threatened by Dovish ECB & Bleak Forecasts

EUR prices stay depressed as markets digest less aggressive commentary from ECB officials as rate expectations see cuts in the first quarter of 2024.

from DailyFX – Market News https://bit.ly/47LdWoa
via IFTTT

Nasdaq 100 Up After Support Rejection, Gold Down Despite Collapse in US Yields

In this article, we analyze the technical outlook for the Nasdaq 100 and gold prices, examining major price levels that could act as support and resistance later this week.

from DailyFX – Market News https://bit.ly/3GwyOn6
via IFTTT

US Dollar Setups: USD/JPY Gains as GBP/USD Trends Lower, AUD/USD Hammered

This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action dynamics as well as prevailing market sentiment.

from DailyFX – Market News https://bit.ly/47IAYvQ
via IFTTT