Etiqueta: DailyFX – Market News

USD Price Forecast: DXY Holds its Breath Ahead of Big Data Week

The U.S. dollar found some backing this morning while trading within a bull flag pattern; however, US CPI and the FOMC will ultimately decide on investor sentiment.

from DailyFX – Market News https://ift.tt/QZpYX4c
via IFTTT

New Zealand Dollar Boosted by Low Volatility; What’s Next for NZD/USD, AUD/NZD, EUR/NZD?

The suspension of the US debt ceiling, the resilience of the global economy, and hopes that US interest rates are peaking have boosted risk-sensitive currencies, including the New Zealand dollar. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?

from DailyFX – Market News https://ift.tt/5W4mOaP
via IFTTT

Asia Day Ahead: Wall Street Up Overnight; Sentiment in Extreme-Greed Territory

The softer US economic calendar overnight prompted market participants to source for clues on the Fed’s policy path from the US weekly jobless claims.

from DailyFX – Market News https://ift.tt/HFjfpAm
via IFTTT

Crude Oil Price Bounces Around but is Unable to Break the Range Where to for WTI?

Crude oil prices regained traction going into Friday after testing the downside overnight as potentially more supply coming online before USD tanked. Will the range break for WTI?

from DailyFX – Market News https://ift.tt/ELYSVOX
via IFTTT