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Forex

FTSE 100 on Track for yet Another Record High while Dow and S&P 500 Recover

Posted by By 03/05/2024Posted inForex
​​Outlook on FTSE 100, DOW and S&P 500 ahead of US Non-Farm Payrolls.
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Market Update – Apple Soars, Gold Struggles, USD and VIX Slip, Sentiment Positive Ahead of NFPs

Posted by By 03/05/2024Posted inForex
Risk markets are mildly positive ahead of the latest US Jobs Report (NFPs) after the 2nd largest company in the world, Apple, announced a record-breaking USD110 billion buyback program.
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Sentiment Analysis & Outlook: Gold at Risk of Correction, EUR/USD & USD/JPY Mixed

Posted by By 03/05/2024Posted inForex
This article examines retail sentiment across three pivotal markets: gold, EUR/USD, and USD/JPY, delving into potential directional outcomes guided by contrarian technical signals.
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US Dollar on Tenterhooks Ahead of US Jobs Data; Setups on GBP/USD, EUR/USD

Posted by By 02/05/2024Posted inForex
This article provides an in-depth examination of the U.S. dollar's fundamental and technical outlook, considering various scenarios that could unfold after the April U.S. jobs report is released.
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Crude Oil Bounces As Market Eyes Strategic Reserve Top Up, US Payrolls

Posted by By 02/05/2024Posted inForex
The Federal Reserve didn’t help oil bulls as its inflation-fretting has seen us rate-cut doubts grow
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Dax Moves Higher, Nasdaq 100 quiet, while Hang Seng Roars to New 2024 high

Posted by By 02/05/2024Posted inForex
While the Dax is trying to recoup lost ground and the Nasdaq 100 readies itself for Apple earnings, the Hang Seng continues to enjoy an impressive rally
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Market Update – US Dollar, Gold, Japanese Yen on the Move, Apple Earnings and NFPs Next

Posted by By 02/05/2024Posted inForex
Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s…
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US Dollar Outlook Post Fed Decision: EUR/USD & GBP/USD – Technical Analysis

Posted by By 02/05/2024Posted inForex
This article discusses the short-term outlook for the US dollar from a fundamental and technical standpoint following the Fed's decision, focusing primarily on two currency pairs: EUR/USD and GBP/USD.
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Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell

Posted by By 01/05/2024Posted inForex
The Federal Reserve held interest rates unchanged for the sixth consecutive meeting, in line with expectations. Powell may offer more clues about the policy outlook during his press conference.
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Japanese Yen Ticks Lower Again as Market Looks Past Intervention Jitters to Fed

Posted by By 01/05/2024Posted inForex
It seems highly likely that Tokyo intervened to boost the Yen this week. But, if it did, it didn’t get much for its money.
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