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Dow Jones Rebound May Lift Sentiment for Nikkei 225 and ASX 200

Posted by By 25/06/2021Posted inForex
Wall Street stocks rallied following the approval of a $579 billion infrastructure deal. The S&P 500 and Nasdaq 100 both hit all-time highs. Asia-Pacific markets may follow a positive lead…
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New Zealand Dollar Forecast: Improved Trade Balance, Westpac OCR Update to Lift NZD?

Posted by By 24/06/2021Posted inForex
New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight.
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Canadian Dollar Price Outlook: Will USD/CAD Resume its Rally?

Posted by By 24/06/2021Posted inForex
The Canadian Dollar has recovered lost ground against its USD peer over the last few trading sessions, but the Loonie might weaken again with USD/CAD looking like it wants to…
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Major Banks Pass Fed Stress Test With Flying Colors, Paving the Way for Dividends and Share Buybacks

Posted by By 24/06/2021Posted inForex
The Federal Reserve released stress test results for major US financial institutions on Thursday, with banks showing strong health and sufficient capitalization.
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Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause

Posted by By 24/06/2021Posted inForex
High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.
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Mexican Peso Gains on Banxico’s Rate Hike Surprise and Hawkish Shift, USD/MXN Sinks

Posted by By 24/06/2021Posted inForex
Banxico surprises investors and raises its overnight interest rate by 25 basis points to 4.25%, causing the Mexican peso to rise sharply against the dollar.
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Australian Dollar Technical Analysis: Ranges Persisting; Flags Forming? Setups in AUD/JPY, AUD/USD

Posted by By 24/06/2021Posted inForex
Both AUD/JPY and AUD/USD have traded sideways to lower in recent weeks. Are the sideways consolidations topping patterns or flags?
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S&P 500 Leaps to All-Time High on Infrastructure Agreement

Posted by By 24/06/2021Posted inForex
The S&P 500 Index is extending its rally to fresh all-time highs as stocks advance further on the session in response to President Biden announcing a bipartisan infrastructure deal has…
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Euro Price Outlook: Euro Pop Setting Up for a Drop- EUR/USD Levels

Posted by By 24/06/2021Posted inForex
Euro rebounded off near-term downtrend support this week with the recovery vulnerable into the 1.20-handle. The levels that matter on the EUR/USD technical charts.
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Gold Price Forecast: Gold Grasps at Fibo Support but Sellers Vigilant

Posted by By 24/06/2021Posted inForex
Gold prices took a massive hit last week, but the sell-off stopped at a big spot of support. Sellers, however, haven't yet let up as a short-term range has built.
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