US Dollar Technical Outlook: DXY Chart Getting Sloppy into Holidays
The DXY had a clean wedge pattern, but things are getting messy as holiday trading starts to become a dominant theme.
Impact of Bank of England Rate Hikes on FTSE 100, FTSE 250, GBP/USD, GBP/EUR
BoE rate hike impact on UK assets 3-months after liftoff
Euro-Outlook-EURUSD-EURGBP-Key-Levels-Omnicron-Fears-Rise
Euro resilience continues to hold despite renewed lockdowns, Omnicron fears spill into global markets
GBP/USD IG Client Sentiment: Our data shows traders are now at their most net-long GBP/USD since Sep 30 when GBP/USD traded near 1.35.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias.
European Equities Slump on Renewed Omicron Fears, Risk Assets Shunned
Stock markets in Europe have opened the session sharply lower as traders continue to de-risk ahead of the Christmas break.
Crude Oil Prices and Stocks Fall as Omicron, Central Banks Spook Markets. Will WTI Make a New Low?
Oil crashed lower on Monday as risks to global growth emerged from several directions ahead of the holiday season. Can crude fight the tide going out?
Dow Jones, S&P 500, Nasdaq 100 Technical Outlook Leading into 2022
Despite recent consolidation in the Dow Jones, S&P 500 and Nasdaq 100, their broader uptrends still remain in play. What are key technical levels to watch for as 2021 wraps…
Australia Dollar Technical Analysis: AUD/USD, AUD/NZD. Will They Break Ranges?
The Australian Dollar has bounced back from lows against the US Dollar and is scoping a new high against the New Zealand Dollar. Where to for the Aussie?
NZD/USD Eyes Risk Trends and China Loan Prime Rate in APAC Trading
NZD/USD is near its monthly lows as traders digest Kiwi economy data. China's PBOC will announce 1- and 5-year loan prime rates (LPRs) today as Omicron risks linger.
Dow Jones Limps into the Close as Equity Lull Continues
The Dow shed over 500 points on Friday to close out a tumultuous week for US equity benchmarks.