DailyFX - Feeds all

DailyFX - Feeds all


Stock Market Forecast: Should I Sell in May and Go Away?

Posted: 26 May 2020 08:35 AM PDT

Dow Jones skyrockets higher as the stock market recovery continues on the back of coronavirus vaccine hopes and rebounding economic activity, but the 'sell in May and go away' anomaly still threate...

Dow Jones Index Remains at Multi-Month High Following Consumer Confidence

Posted: 26 May 2020 07:30 AM PDT

The Dow Jones Index remains higher after The Conference Board's Consumer Confidence Index printed 86.6 for May, stabilizing the index from its sharp drop in the months prior.

EUR/USD Rallying Towards a Multi-Week High, ECB And Bundesbank May Clash

Posted: 26 May 2020 07:00 AM PDT

A bout of risk-on sentiment is pushing the Euro higher against the US dollar and back towards levels last seen in March.

US Dollar Drops as S&P 500 Futures Break Key Barrier - US Market Open

Posted: 26 May 2020 05:36 AM PDT

US futures on the front-foot, while the US Dollar is coming under sizeable selling pressure.

Stocks, AUD, GBP, EUR Sentiment Lifted by Lockdown Easing | Webinar

Posted: 26 May 2020 05:00 AM PDT

Trader confidence in 'risk on' assets including stock market indexes and currencies such as the Australian Dollar, the British Pound and the Euro has improved as coronavirus lockdowns are eased.

Gold Price Remains Constrained, Risk-On Rally Stalls Upside Progress

Posted: 26 May 2020 04:00 AM PDT

Gold continues to consolidate in a tight range with political risk and market optimism battling to take control of near-term price action.

US Dollar Shorts Slashed, GBP/USD & EUR/USD Shorts Pick-Up - COT Report

Posted: 26 May 2020 03:20 AM PDT

Speculative US Dollar shorts slashed. Investors defensive on risk sensitive currencies amid US-China tensions.

British Pound (GBP) Latest: GBP/USD Holds Support, Creeping Higher

Posted: 26 May 2020 01:00 AM PDT

GBP/USD continues to edge ahead despite a political storm over UK Prime Minister Boris Johnson's chief adviser Dominic Cummings.

Gold Prices Echo US Dollar Drop as Market Mood Improves

Posted: 25 May 2020 11:30 PM PDT

Gold prices are finding support despite typically unfriendly market conditions as the US Dollar swoons, boosting the appeal of anti-fiat alternatives.

EUR/USD Rate Tracks Monthly Range While ECB Rules Out V-Shape Recovery

Posted: 25 May 2020 10:00 PM PDT

EUR/USD may trade within a more defined range over the remainder of the month as the recent rebound in the exchange rate fails to trigger a test of the May high (1.1020).

US Dollar May Rise as SGD Falls on US-China Woes, Indian Rupee at Risk

Posted: 25 May 2020 08:30 PM PDT

The US Dollar could rise against ASEAN currencies such as the Singapore Dollar as US-China tensions seem to escalate. The Indian Rupee is also looking ahead of local 1Q GDP data.

AUD May Fall on Australia-China Tensions, Euro Eyes €500b Proposal

Posted: 25 May 2020 07:00 PM PDT

The AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal

USD/CAD Rate to Face Record Decline in Canada GDP

Posted: 25 May 2020 05:30 PM PDT

Canada's 1Q Gross Domestic Product (GDP) report may influence USD/CAD as the update is expected to show the biggest contraction since the data series began in 1961.

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