Etiqueta: DailyFX – Market News

US Markets Return to Action Dow Futures Rise Nasdaq 100 Trades Sideways CAC 40 Gains

​​The return of US markets has seen some buying activity this morning, lifting the CAC40 and Dow off their overnight low while the Nasdaq 100 continues to consolidate. ​

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AUD/USD Price Forecast: Aussie Sinks on Lackluster RBA and Chinese Rates

AUD/USD is trading 0.6% lower as the European session begins after RBA minutes and China’s LPR cuts did little to support he Aussie dollar.

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Gold Price Treads Water as US Dollar Steadies and GBP Rolls Over Ahead of BoE

The gold price slipped today as Treasury yields rose to augment the US Dollar and ahead of Fed Chair Powel’s testimony tomorrow while the BoE has its work cut out for them. Lower XAU/USD?

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More Signs of Natural Gas in Bottoming Process; Sentiment Points to Upside in Crude Oil

Crude oil and natural gas trends appear to be converging. Sentiment in crude oil is quite bullish, raising the prospect of some gains in price. In contrast, natural gas appears to be flexing muscles after months of weakness.

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