The Fed’s policy decision at its May meeting and the April nonfarm payrolls report will steal the spotlight next week and will be key in determining the direction of the U.S. dollar going forward.

from DailyFX – Market News https://ift.tt/JzeaRI4
via IFTTT

Oil fluctuated between losses and gains this past week as recession fears continue to weigh on prices. Will huge swathes of data this week be pivotal in providing Oil with a medium-term direction?

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

The latest Fed and ECB monetary policy decisions next week will steer GBP/USD and EUR/GBP in the short-term.

from DailyFX – Market News https://ift.tt/2TcIPUM
via IFTTT

EUR/USD looks to economic data including both ECB & Fed rate decisions. Unsure euro traders now look to fundamentals for directional bias- reversal or continuation?

from DailyFX – Market News https://ift.tt/Rqm0LsF
via IFTTT

Earnings from the big technology companies may have boosted US equity indices but the bar for further gains is rising ahead of the US FOMC meeting next week. That said, the trend remains up and so far, there are no signs of a reversal of the uptrend on technical charts.

from DailyFX – Market News https://ift.tt/JoLEks0
via IFTTT