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Dow Jones, Energy Stocks, Crude Oil Rise After OPEC Report. Nikkei 225 May Gain

Posted by By 14/09/2021Posted inForex
The Dow Jones climbed as crude oil prices boosted energy stocks after OPEC’s monthly outlook report. Ahead, the Nikkei 225 may follow Wall Street higher during Asia-Pacific trade.
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New Zealand Dollar Forecast: NZD/USD Trades Cautiously Ahead of Q2 GDP Data

Posted by By 13/09/2021Posted inForex
The New Zealand Dollar is largely unchanged after modest gains overnight. Traders are focusing in on Q2 GDP growth data set to cross the wires later this week.
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US Dollar Moves Lower as US Federal Budget Deficit Totals $171B in August

Posted by By 13/09/2021Posted inForex
The Federal Government budget deficit widened by $171 billion in August as the fights over the debt ceiling and infrastructure rage on.
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Key Week for Bond Yields with US CPI on Tap, Nasdaq and IEF at Risk of a Downswing?

Posted by By 13/09/2021Posted inForex
Long-end US Treasury yields are likely to rise over the medium term. This could weigh on the Nasdaq index and trigger a sell-off in certain ETFs such as IEF or…
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AUD/USD Rate to Face Contraction in Australia Employment

Posted by By 13/09/2021Posted inForex
The update to Australia’s Employment report may drag on AUD/USD as job growth is expected to contract for the second time in 2021.
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FX Week Ahead – Top 5 Events: Canada, UK, & US Inflation Rates; Australia Jobs Report; US Retail Sales

Posted by By 13/09/2021Posted inForex
The turn through the middle of September promises another week of important data releases.
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Bitcoin (BTC/USD) Stabilizes After Litecoin (LTC/USD) Flare

Posted by By 13/09/2021Posted inForex
This morning saw Litecoin jump by 35% in about 15 minutes. But it all turned out to be based on a fake report and prices quickly reverted.
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Gold Price Outlook: Gold Plunge Searches for Support- XAU/USD Levels

Posted by By 13/09/2021Posted inForex
Gold prices plunged more than 2% off the highs last week with XAU/USD threatening a deeper correction. The levels that matter on the Gold technical charts.
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US Dollar Price Action Setups Pre-CPI: EUR/USD, GBP/USD, USD/CAD

Posted by By 13/09/2021Posted inForex
The US Dollar is falling after another test of resistance in the 92.80 zone, but the focus is shifting to tomorrow's CPI report.
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USD/CAD Forecast: Inverse Head-and-Shoulders Pattern Takes Shape

Posted by By 13/09/2021Posted inForex
The break above the January high (1.2881) in USD/CAD may continue to reflect a change in the broader trend as an inverse head-and-shoulders pattern takes shape.
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