S&P 500 Price Forecast: Treasury Yields Peaking? SPX Taking Strain

The S&P 500 index is trading at a critical juncture that could send prices in either direction as US Treasury yields push the limits.

from DailyFX – Market News https://bit.ly/3yalO2C
via IFTTT

US Dollar Bounces Back Again as the Fed and ECB Map Out Rate Hikes. Higher USD?

The US Dollar skipped higher on Treasury yields gaining on solid data and the Fed re-iterating its hawkish stance while will EUR/USD dipped despite impending ECB rate hikes.

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

EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

The EUR/USD has resumed its decline after failing to break above a key technical resistance area. Meanwhile, the GBP/USD appears to be on the verge of validating a bearish double-top pattern.

from DailyFX – Market News https://bit.ly/3y46DrJ
via IFTTT

US Dollar Soars Lifted by Surging Yields, S&P 500 Falls Despite VIX’s Slide

The U.S. dollar soars while the S&P 500 trades with a negative bias on Thursday in the wake of surging Treasury yields following hotter-than-expected labor market data.

from DailyFX – Market News https://bit.ly/3ZfIOc6
via IFTTT

Gold Price Forecast: XAU, XAG/USD Wrestle with Rates & USD Strength

Gold and silver prices are facing technical and fundamental headwinds as higher rate expectations and inflation continue to drive price action. What next for XAU and XAG?

from DailyFX – Market News https://bit.ly/3Yu6rNf
via IFTTT