DailyFX - Feeds all

DailyFX - Feeds all

7 Meme Stocks Driving Markets & Making a Mark

Posted: 03 May 2021 08:00 AM PDT

The sharp rise in retail trading during the pandemic sparked a surge in 'meme stock' trading and the wild ride continues.

USD/JPY Hits Session Low as ISM Manufacturing Misses Forecast

Posted: 03 May 2021 07:45 AM PDT

USD/JPY price action is extending its slide to session lows as US Dollar bears look to unwind last week's rally on the back of disappointing ISM manufacturing PMI data just released.

Why Elon Musk Backs Copper? The Metal of the Future

Posted: 03 May 2021 06:50 AM PDT

As the world shifts toward a new age that incorporates environmentally friendly technology, copper has risen to the to of the metals chart with Tesla's Elon Musk at the forefront.

NFP and Forex: What is NFP and How to Trade It?

Posted: 03 May 2021 04:00 AM PDT

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

Forex Vs Stocks: Top Differences & How to Trade Them

Posted: 03 May 2021 03:00 AM PDT

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

How to Learn Technical Analysis with DailyFX

Posted: 03 May 2021 02:00 AM PDT

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

Copper Trading: Copper Trading Tips and Strategies

Posted: 03 May 2021 01:00 AM PDT

Copper may not be the world's most popular metal but it certainly is one of the more important.

US Dollar Price Forecast: Sell-in May Dynamic Could Drive DXY Higher

Posted: 03 May 2021 12:00 AM PDT

The haven-associated US Dollar may continue to gain ground against its major counterparts on the back of seasonal dynamics and robust economic data.

Crude Oil Prices Consolidate as Demand from Japan and India Falls

Posted: 02 May 2021 11:00 PM PDT

Crude oil prices extended lower as the US Dollar climbed during Monday's APAC session. The energy demand outlook is weighed by lower oil consumptions from Japan and India due to viral resurgence.

Gold Prices Forecast: Hawkish Fed Comments May Cloud the Outlook

Posted: 02 May 2021 09:00 PM PDT

Robust US data and a Fed official's hawkish comments may hinder upside potential for gold as traders weigh tapering risks. The US Dollar index may reverse its downward trajectory after Friday's surge.

US Dollar Forecast: Busy Week Ahead for IDR, THB, SGD and PHP as NFPs Near

Posted: 02 May 2021 08:00 PM PDT

The US Dollar still remains under pressure against most ASEAN currencies heading into May. A busy week awaits the Indonesian Rupiah, Thai Baht, Philippine Peso and Singapore Dollar.

Dow Jones, Hang Seng, ASX 200 Outlook: Fed Tapering Fear Weighs on Markets

Posted: 02 May 2021 06:00 PM PDT

Stocks on Wall Street closed broadly lower on Friday as investors assessed lofty stock market valuations and hawkish Fed commentary. Chinese and Japanese markets are shut for holidays.

Why Most Traders Fail and How to Increase Trading Success

Posted: 02 May 2021 05:00 PM PDT

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

Australian Dollar Forecast: AUD/NZD Tracks Higher as Economic Data Looms

Posted: 02 May 2021 04:00 PM PDT

AUD/NZD is tracking higher within a bullish technical pattern, but fundamental factors this week will likely drive Australian Dollar action.

Top 8 Forex Trading Strategies and their Pros and Cons

Posted: 02 May 2021 01:00 PM PDT

Compare the pros and cons of different forex strategies, from day trading to position trading.

Markets Week Ahead: US Dollar, Dow Jones, Gold, British Pound, BoE and Scottish Election

Posted: 02 May 2021 09:00 AM PDT

The US Dollar finished strong as the Dow Jones and gold prices declined, but a dovish Fed risks undermining its progress. The British Pound could be in for a volatile week given key local risks. US...
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