Category: Forex

Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

Japanese Yen, USD/JPY, US Dollar, ISM Services, RBA, AUD/USD – Asia Pacific Market Open Recommended by Daniel Dubrovsky Forex for Beginners Asia-Pacific Market Briefing – Japanese Yen, US Dollar, ISM Services The Japanese Yen broadly underperformed against its major counterparts on Monday. In fact, USD/JPY surged about 1.8 percent. If you look at the average […]

Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

US Crude Oil, US Dollar and Risk Trends Talking Points: The Market Perspective: Crude Oil Bullish above 76.00 Risk appetite trends swelled this past session as Fed Chairman Jerome Powell signaled a slower clip of rate hikes was ahead – but how much did that translate into crude prices? A sharp 12.58 million barrel drop […]

British Pound Forecast: GBP/USD Rally Erases Policy Error Losses

British Pound Forecast: GBP/USD Rally Erases Policy Error Losses

GBP/USD – Prices, Charts, and Analysis GBP/USD rally aided by US dollar weakness. The previous UK government’s policy losses have been wiped out. Recommended by Nick Cawley Get Your Free GBP Forecast Most Read: GBP/USD Breakout Nears as Highs and Lows Compress Sterling continues its multi-week rally, helped in part by a weaker US dollar, […]

Dow Jones, Nasdaq 100, S&P 500 Forecast: Thanksgiving Means Illiquidity, But Volatility?

Dow Jones, Nasdaq 100, S&P 500 Forecast: Thanksgiving Means Illiquidity, But Volatility?

Stocks Fundamental Forecast: Neutral Dow Jones, Nasdaq 100, S&P 500 took a few steps back last week Fedspeak and US retail sales underscored a hawkish central bank Liquidity dries up for Thanksgiving, but will volatility remain low? Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Overall, Wall Street finished lower this past week as […]

US Dollar Outlook Turns Bearish as Slowing Inflation May Further Weigh on Yields

US Dollar Outlook Turns Bearish as Slowing Inflation May Further Weigh on Yields

US DOLLAR WEEKLY FORECAST: SLIGHT BEARISH The U.S. dollar plummeted this week following weaker-than-expected U.S. inflation data Slowing price pressures may lead the Federal Reserve to adopt a less hawkish stance, prompting policymakers to slow the pace of interest rate hikes as soon as their next meeting The downward correction in yields could push the […]

Cryptocurrency Meltdown Pauses After FTX and Alameda Implosion

Cryptocurrency Meltdown Pauses After FTX and Alameda Implosion

Bitcoin (BTC), Solana (SOL), and FTX (FTT) Prices, Charts, and Analysis: Binance backs out of a potential FTX bailout after looking at the books. FTX and Alameda are under heavy regulatory scrutiny. Liquidity concerns continue to roil the market. Recommended by Nick Cawley Get Your Free Bitcoin Forecast How to Use Twitter For Traders This […]

S&P 500 Run Looks to Earnings, Dollar Tumble to Rate Forecasts, Bitcoin to Market Stability

S&P 500 Run Looks to Earnings, Dollar Tumble to Rate Forecasts, Bitcoin to Market Stability

Nasdaq 100, Dow, Bitcoin, Event Risk and Dollar Talking Points: The Market Perspective: USDJPY Bearish Below 146; EURUSD Bullish Above 1.0000; Gold Bearish Below 1,680 Volatility was wide spread this past week, but the charge from the US CPI and crypto market turmoil doesn’t necessarily have to carry over to the new trading week There […]

Australian Dollar Outlook: US Dollar Crunch Boosts Aussie

Australian Dollar Outlook: US Dollar Crunch Boosts Aussie

Australian Dollar Forecast: Neutral The Australian Dollar jumped higher as the US Dollar sank A soft US CPI number saw risk assets soar across the board RBA disparity with the Fed approach might deliver different results Recommended by Daniel McCarthy Get Your Free AUD Forecast The Australian Dollar bounced to its highest level in almost […]

British Pound Weekly Forecast: Data Filled Week for GBP

British Pound Weekly Forecast: Data Filled Week for GBP

POUND STERLING ANALYSIS & TALKING POINTS Stacked week ahead for the UK – employment, inflation and fiscal statement. Headwinds for the GBP will likely re-emerge in due course leaving the pound vulnerable. Bear flag remains in play however, bull seek upside breakout. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling […]

Bitcoin Falls, ETH Tests Support on Fears of Cascading Crypto Crisis after FTX BK

Bitcoin Falls, ETH Tests Support on Fears of Cascading Crypto Crisis after FTX BK

Bitcoin, Ethereum Talking Points: It was a big week in the crypto space and over the past seven days the industry has changed dramatically after news of a gaping hole in the balance sheet of FTX. After a rescue was announced with Binance as the savior, they walked away after seeing the books, and Changpeng […]