DailyFX - Feeds all

DailyFX - Feeds all

EUR/USD Rallies to Two-Month-Highs, US Dollar Extends Fall After NFP

Posted: 07 Jun 2019 07:00 AM PDT

The US Dollar has continued its week-long sell-off after this morning's NFP report, helping to buoy EURUSD up to fresh two-month-highs.

USD Drops on Weak NFP Report, Fed Rate Cut Bets Rising

Posted: 07 Jun 2019 05:41 AM PDT

US Nonfarm Payrolls rose by 75k in May, heavily missing expectations of 185k expected, while soft earnings also weigh on the greenback.

Dollar, Euro, Australian Dollar, and Gold Charts for Next Week

Posted: 07 Jun 2019 05:00 AM PDT

In this look-ahead to next week we looked at USD probing trend support, EUR, AUD, and gold all hitting up against resistance of varying importance.

Currency Volatility: USDCAD, CADJPY Price Action Setups

Posted: 07 Jun 2019 04:25 AM PDT

CAD continues to gain vs USD, while bearish CADJPY momentum eases amid the pick-up in oil and equity prices.

US Dollar (USD) Price - On the Ropes, Waiting for US NFPs

Posted: 07 Jun 2019 04:00 AM PDT

The US dollar basket (DXY) remains near important long-term support as the monthly US Labour Report (NFP) heaves into view.

Crude Oil Price Probes One-Week High as Sellers Step Back

Posted: 07 Jun 2019 03:30 AM PDT

Crude oil’s reversal continues in muted trade and has just touched a new one-week high. Bearish momentum has abated for now, taking oil out of heavily oversold territory.

Sterling (GBP) Forecast - Rising Inflation and Lower Wages

Posted: 07 Jun 2019 03:00 AM PDT

The long-term downward pressure on Sterling is expected to continue until Brexit uncertainty diminishes, whilst short-term moves will be underpinned by the Conservative leadership race.

Gold Price Breakout Eyes Critical Trendline Resistance Ahead of NFP

Posted: 07 Jun 2019 02:30 AM PDT

Gold prices are on course for its best week since March 2018 amid raised expectations that the Federal Reserve will provide insurance rate cuts.

Bearish Momentum Sends USD/CAD Tumbling Through the Consolidation Zone

Posted: 07 Jun 2019 02:00 AM PDT

USD/CAD has lost nearly 1.2% of its value so far this week. Here are key levels to watch if bearish momentum continues.

Dow Jones and S&P 500 Potentially Carving Out Tops

Posted: 07 Jun 2019 01:03 AM PDT

The market is getting a lift but it may not have staying power as a topping sequence could soon come into play.

GBPUSD Eyes BoE Inflation Forecast, Brexit and US Jobs Data

Posted: 06 Jun 2019 11:30 PM PDT

The BoE’s inflation forecast may stoke volatility in GBP as the Brexit narrative opens a new – and more uncertain – chapter. USD and the S&P 500 will be eyeing US jobs data.

Asian Stocks Gain On US-Mexico Trade Hopes But Payrolls Loom

Posted: 06 Jun 2019 10:15 PM PDT

There’s still no getting away from world trade when it comes to Asian stock action but hopes that Mexico might see US tariffs delayed helped Friday’s risk appetite.

Will Gold Prices Rise or Fall if US Jobs Data Disappoints?

Posted: 06 Jun 2019 09:00 PM PDT

Its tempting to say gold prices will rise if US jobs data disappoints, echoing downbeat news flow over recent months. The markets may have other ideas however.

EURGBP Uptrend Losing Momentum, Increasing Risk of a Euro Reversal

Posted: 06 Jun 2019 08:30 PM PDT

The Euro uptrend against the British Pound is losing momentum despite net-short bullish contrarian price signals. EURGBP could be looking at a test of near-term chart support next.

Dollar Tests Year-Long Trend and S&P 500 Extends Divergence Ahead of NFPs

Posted: 06 Jun 2019 07:02 PM PDT

The Dow climbed this past session, but there is plenty of reason to question the risk appetite implications associated with the move. Meanwhile, the Greenback is eagerly anticipating May NFPs as rate forecasts collapse.

USDCAD Rate Eyes April-Low Ahead of NFP, Canada Employment Report

Posted: 06 Jun 2019 07:00 PM PDT

USDCAD continues to give back advance from the April-low (1.3274) ahead of the NFP report as Federal Reserve officials change their tune.

NZDUSD Chart Analysis: Downtrend Ready to Resume After Bounce?

Posted: 06 Jun 2019 05:30 PM PDT

The New Zealand Dollar mounted a spirited recovery over the past week but the move may have run out steam, opening the door for resumption of the broader downtrend.

Euro Chart Resistance Next Post ECB? Yen Eyes Trump Mexico Tariff

Posted: 06 Jun 2019 04:00 PM PDT

The Euro got a boost by a less-dovish ECB, leaving EUR/USD eyeing medium-term falling resistance. S&P 500 futures hint risk aversion as US remains on path to raise tariffs on Mexico.

Volatility: The SKEW Index and Stock Market Crashes

Posted: 06 Jun 2019 02:30 PM PDT

The SKEW Index seeks to measure the probability of Black Swan events and stock market crashes, but its track record in doing so is less than stellar.

Dow Jones & DAX 30 Price Outlook - A Tale of Two Trendlines

Posted: 06 Jun 2019 12:30 PM PDT

The Dow Jones and DAX 30 find themselves on differing sides of their respective trendlines, but retail traders are convinced their recent rebounds are overdone.

US Dollar Index Weekly Price Outlook: DXY Do or Die into NFP

Posted: 06 Jun 2019 12:00 PM PDT

The US Dollar Index is down 1.2% from the yearly highs with the decline now approaching support ahead of NFPs. These are the levels that matter on the DXY weekly chart.

Central Bank Weekly: What’s Next for the Fed, ECB, and RBA?

Posted: 06 Jun 2019 12:00 PM PDT

After central bank rate decisions and policymakers’ speeches this week, interest rate markets are pricing in more dovish action from the world’s major central banks over the coming months.

US Household Net Worth Hits Record High as Market Recovers in Q1

Posted: 06 Jun 2019 11:06 AM PDT

US Household Net Worth showed an increase of 4.69 trillion for Q1, starkly contrasting Q4’s 3.96 trillion drop as market recovery fuels uptick

Pre-NFP Price Action Setups Across FX Majors

Posted: 06 Jun 2019 09:55 AM PDT

This is a live webinar to look at price action setups in FX major pairs ahead of tomorrow's US Non-Farm Payrolls report.

VIX Spike Needed to Spur Currency Volatility

Posted: 06 Jun 2019 09:30 AM PDT

Volatility across the rates market has surged as the Federal Reserve opened the door rate cuts, however, this has failed to spill-over into FX, which remains muted.
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