DailyFX - Feeds all

DailyFX - Feeds all

Markets Week Ahead: Dow Jones, Gold, Canadian Dollar, BoC, Euro, ECB, US CPI

Posted: 06 Jun 2021 09:00 AM PDT

The Dow Jones ended on an upbeat as the US Dollar and Treasury yields weakened. Ahead, the Canadian Dollar and Euro are eyeing the BoC and ECB respectively. Will gold prices weaken on the US CPI re...

Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control

Posted: 06 Jun 2021 07:00 AM PDT

The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.

Nasdaq 100 Forecast: Is the Market Prepared for Fed Tapering Stimulus?

Posted: 06 Jun 2021 05:00 AM PDT

The Nasdaq 100 index limped into the weekend in a sour mood, as robust jobs reports reignited fears about Fed tapering stimulus. The tech sector may be under further pressure if this narrative stre...

Euro Forecast: EUR/USD Price Outlook Stable, ECB Tapering on Back Burner

Posted: 05 Jun 2021 09:00 PM PDT

For Euro traders the week ahead will be dominated by the ECB meeting that ends Thursday but any hopes for clarity on when the Eurozone central bank will start tightening monetary policy will likely...

Gold Price Outlook: XAU/USD at Risk to US CPI Beat Before June Fed Rate Decision

Posted: 05 Jun 2021 01:00 PM PDT

Gold prices were slightly scarred this past week, leaving XAU/USD at risk to a beat in US inflation data next. However, follow-through may have to wait until the Fed rate decision.

US Dollar Outlook: USD Eyes US CPI, Contrarian Indicator Signaling a Bottom?

Posted: 05 Jun 2021 09:00 AM PDT

USD awaits US CPI and ECB, while rise in demise of dollar reporting may prompt contrarian signal.
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