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US Dollar Gains Despite Lower Yields ahead of Core PCE Data. What Now for DXY?

Posted by By 27/10/2022Posted inForex
The U.S. dollar rallies despite falling yields ahead of September core PCE data on Friday. The latest report may offer important insight and clues on the inflation trajectory.
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Why Do Stocks Suffer When Interest Rates Rise?

Posted by By 27/10/2022Posted inForex
Higher US Treasury yields have coincided with declines by US stock markets.
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USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Sep 13, 2022 when USD/CAD traded near 1.32.

Posted by By 27/10/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
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S&P 500 Consolidates Ahead of Major Event Risk

Posted by By 27/10/2022Posted inForex
The S&P 500 takes a breather ahead of key corporate earnings and PCE data.
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UK 100 Outlook: FTSE Recovery Provides a Glimmer of Hope to Bulls

Posted by By 27/10/2022Posted inForex
The FTSE 100 has managed to maintain bullish momentum, driving prices back above psychological resistance at 7000. With resistance still holding firm, the UK index could face a difficult task…
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Gold Price Short-term Outlook: Gold Rally Tests Key Pivot Zone

Posted by By 27/10/2022Posted inForex
A defense of the yearly low takes Gold prices back towards a key pivot zone- battle lines drawn. The levels that matter on the XAU/USD short-term technical charts.
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EUR/USD Pulls Back, DAX Pushes Breakout After ECB’s 75 bp Hike

Posted by By 27/10/2022Posted inForex
The ECB hiked rates by 75 basis points this morning and that brought a pullback to EUR/USD’s bullish push, but also set up a breakout in the DAX from a…
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ETH/USD Outlook: Ethereum Prices Slip After Double Digit Gains

Posted by By 27/10/2022Posted inForex
Ethereum prices have risen approximately 14% this week, driving prices to a firm barrier of technical resistance. Can ETH/USD bulls continue to drive prices higher?
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S&P 500, Dow Jones, Nasdaq 100 Technical Outlook for the Days Ahead

Posted by By 27/10/2022Posted inForex
Stocks have rallied significantly but on the verge of a pullback; outlook near-term bearish but still more upside looks like could be in store after.
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US Economy Grows by 2.6% in Third Quarter, but GDP Data May Overstate Strength

Posted by By 27/10/2022Posted inForex
The U.S. economy returned to growth in the third quarter, expanding at an annualized rate of 3.2%, well ahead of expectations calling for a 2.4% increase.
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