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Nasdaq 100 Sinks as Fed Weighs Faster Taper Timeline; Omicron Adds to Market Worries

Posted by By 30/11/2021Posted inForex
Concerns about the Omicron variant, along with the Fed's message that it may be appropriate to taper asset purchases at a faster-than-planned pace to cool inflation weigh on U.S. stocks.
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AUD/USD Rate Vulnerable to Contraction in Australia GDP

Posted by By 30/11/2021Posted inForex
Fresh developments coming out of Australia may keep AUD/USD under pressure as the Gross Domestic Product (GDP) is anticipated to show a contraction in the growth rate.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 30/11/2021Posted inForex
The US Dollar caught a strong bid this morning when Powell warned of inflation pressure. This webinar looked at numerous setups around the USD.
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EUR/USD Forecast: Euro Rebound in Focus Following RSI Buy Signal

Posted by By 30/11/2021Posted inForex
EUR/USD may stage a larger recovery over the coming days as the Relative strength Index (RSI) bounces back from oversold territory to indicate a textbook buy signal.
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How Will the Omicron Variant Impact Markets? – MKT Call: Macro

Posted by By 30/11/2021Posted inForex
Does the latest COVID-19 mutation mean the end of the stock market rally? What about Fed tapering?
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Crude Oil Drops Ahead of ‘OPEC+’ Meeting after Current Vaccine Effectiveness Questioned

Posted by By 30/11/2021Posted inForex
Brent crude oil dropped sharply after comments from Moderna CEO around current vaccine effectiveness exacerbated Friday’s decline. OPEC with lots to consider on Thursday
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XAU/USD Forecast: Gold Price Plummets After Fed Chair Powell’s Speech

Posted by By 30/11/2021Posted inForex
Gold prices fell in early U.S. trading during Fed Chair Powell’s testimony after accepting higher inflation while allowing for the prospect of quicker than expected asset purchases.
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US Dollar Spikes Higher as Fed's Powell Retires Transitory View on Inflation

Posted by By 30/11/2021Posted inForex
Fed's Powell Removes Transitory View on Inflation, Signals Faster QE Taper
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USD/CAD Technical Analysis: Short-term Burst in Momentum May Develop

Posted by By 30/11/2021Posted inForex
USD/CAD is looking like it wants to break out here soon from an ascending wedge pattern; levels and lines you should know.
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USD Breaking News: Consumer Confidence Miss Burns Dollar, Powell Testimony

Posted by By 30/11/2021Posted inForex
The dollar continues to fall as measured by the DXY as investors view the dollar through a more dovish lens, while markets eye Fed Chair Powell’s testimony for more clarity.
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