Etiqueta: DailyFX – Market News

EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

EUR/USD struggled at the back end of last week and that bled over into the Asian session. However, following the European open a short-term retracement is gaining traction. Is it sustainable though?

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Japanese Yen Hits New Lows as US Dollar Flexes on Higher Treasury Yields

The Japanese Yen pierced prior lows with the US Dollar reclaiming the high ground on lofty Treasury yields and risk assets tumbling as China woes continue. Will USD/JPY make a new peak?

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Is Nasdaq Following Gold’s Footsteps? NDX, XAU/USD Price Setups

Growing similarities on the charts of the Nasdaq 100 index and gold suggest the former could be in for some consolidation/minor retreat in an environment of rising real yields. What are the key levels to watch in the Nasdaq 100 index and XAU/USD?

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Asia Day Ahead: Cautious Tone to Start the Week: Brent crude, China A50, USD/JPY

The value-growth divide since the start of the month continued to play out last Friday, as market participants pare their exposure in US big tech and semiconductors, while value sectors held firm.

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