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Dow Jones Outlook: Stocks Fall After Strong Jobs Data
Today 10:20 EDT
Dow Jones slips as the debt bill passes the House vote, US jobs data beats forecasts and the Fed paints a mixed picture over the future path of rate hikes.
Via
Talk Markets
GBP/USD Forecast: Faces Resistance During Uncertainty In Global Economy
Today 9:03 EDT
The 1.2550 level has proven to be a resistant barrier in the past, attracting sellers and acting as a potential ceiling for the market.
Via
Talk Markets
Dollar Steadies After Fed's Push Back
Today 8:37 EDT
The unexpected surge in the April US jobs openings 10.1 mln after an upwardly revised 9.75 mln in March helped sustain the dollar's firmer tone and injected some volatility in the debt market.
Via
Talk Markets
FX Daily: Dollar Skips To The Fed Beat
Today 7:45 EDT
The dollar came off its highs overnight after a couple of Fed speakers suggested the bank could skip a hike at its June meeting.
Via
Talk Markets
Daily Market Outlook - Thursday, June 1
Today 5:20 EDT
Most Asian equity markets experienced positive trading overnight following the passage of the debt ceiling bill by the US House of Representatives, which helped avert a potential default.
Via
Talk Markets
GBPUSD: Bearish Correction (B) Is Half Completed
May 31, 2023
It is assumed that the GBPUSD pair can build a corrective cycle wave IV.
Via
Talk Markets
GBP/USD Technical Analysis: Attempts To Stop Losses
May 30, 2023
The GBP/USD exchange rate entered the new week's trading near its lowest level in two months around the 1.2332 support level.
Via
Talk Markets
GBPUSD Analysis Today And Week-Ahead Forecast
May 27, 2023
Forex Forecast Analysis today and for the GBPUSD week ahead.
Via
Talk Markets
GBP/USD Forecast: Market Volatility Prevails Amid Economic Concerns
May 26, 2023
Getting overexposed is a great way to lose money at this point.
Via
Talk Markets
EUR/GBP Remains Depressed Below Mid-0.8600s, Hangs Near YTD Low After German CPI
May 31, 2023
The EUR/GBP cross prolongs its bearish trend for the fourth successive day and drops to a fresh YTD low.
Via
Talk Markets
Debt Ceiling Progress, Dollar Higher
May 31, 2023
The US budget agreement passed a House committee vote by 7-6 and the bill is scheduled to be voted on by the entire House today before the Senate take it up with the idea of passing it Monday.
Via
Talk Markets
Analytical Overview Of The Main Currency Pairs - Wednesday, May 31
May 31, 2023
From the technical point of view, the medium-term trend on the currency pair USD/JPY is bullish. The price is forming a flat corridor on the levels of moving averages.
Via
Talk Markets
Daily Market Outlook - Wednesday, May 31
May 31, 2023
Most Asian equity markets traded lower as they took cues from a mixed handover from Wall Street.
Via
Talk Markets
Daily Technical Analysis Of GBPUSD – Tuesday, May 30
May 30, 2023
Looking at GBPUSD’s chart, we can see that the FX pair has been in a downtrend in the past month, and it is currently traded at the rate of around $1.2336.
Via
Talk Markets
S&P 500 Outlook: Stocks Rise On Debt Ceiling Deal
May 30, 2023
The S&P 500 rises after a debt ceiling deal is agreed and the bill heads to Congress.
Via
Talk Markets
Two Trades To Watch: GBP/USD, Oil - Tuesday, May 30
May 30, 2023
GBP/USD falls amid debt ceiling jitters & ahead of US consumer confidence data. Oil weighs up debt ceiling news & economic growth concerns.
Via
Talk Markets
FX Daily: Markets Steady Ahead Of Final Push On The Debt Deal
May 30, 2023
After a long weekend in many parts of the world, FX markets are returning to mull progress on a US debt ceiling deal.
Via
Talk Markets
Intraday Analysis – JPY Sees Limited Support
May 30, 2023
The Japanese yen bounced after a lower-than-expected unemployment rate in April.
Via
Talk Markets
Currency Speculators Drop Japanese Yen Bets To 30-Week Low
May 29, 2023
The COT currency market speculator bets were lower this week as five out of the eleven currency markets we cover had higher positioning while the other six markets had lower speculator contracts.
Via
Talk Markets
Analytical Overview Of The Main Currency Pairs - Monday, May 29
May 29, 2023
From the technical point of view, the medium-term trend on the currency pair USD/JPY is bullish. The price is moving to the daily resistance level of 141.07.
Via
Talk Markets
Intraday Analysis – GBP Still Under Pressure
May 29, 2023
The US dollar advanced after consumer spending grew more than expected in April. The price action is still looking to regain a foothold after breaking above the double top at 1.2440.
Via
Talk Markets
Pairs In Focus This Week - Sunday, May 28
May 28, 2023
The AUD/USD pair fell rather hard during the course of the week, as it was seen slicing through the 0.66 level. The market appears to have a “fade the rally” look about it on the short-term charts, as...
Via
Talk Markets
Trading Support And Resistance - Sunday, May 28
May 28, 2023
Directional volatility in the Forex market increased last week, with 59% of the most important currency pairs and crosses fluctuating over the week by more than 1%. Volatility will probably decline...
Via
Talk Markets
June 2023 Monthly
May 28, 2023
June is a pivotal month. The US debt-ceiling political drama cast a pall over sentiment even if it did not prevent the dollar from rallying or the S&P 500 and Nasdaq from setting new highs for the...
Via
Talk Markets
US Debt Ceiling Raised After White House And Republicans Reach Tentative Deal
May 28, 2023
After weeks of negotiating a deal to raise the debt limit to avert default, Democrats and Republicans announced a tentative deal has been reached. The plan is to put it to vote on Wednesday and one can...
Via
Talk Markets
Forex and Cryptocurrency Forecast for May 29 – June 2
May 28, 2023
The United States government has been living with a debt that has already exceeded $31 trillion. If Congress does not raise its permissible limit by June 1, the U.S. will declare default. However, the...
Via
Talk Markets
Analytical Overview Of The Main Currency Pairs - Friday, May 26
May 26, 2023
The German economy entered a technical recession in the first quarter of this year. Data from the German statistical office on Thursday showed a downward revision of GDP (gross domestic product) from 0...
Via
Talk Markets
Futures Rise On Optimism Of Imminent Debt Deal
May 26, 2023
S&P futures are 0.2% higher, rising to 4,169 and undoing the drop from the previous two days, while Nasdaq futures are up 0.4% amid continued AI-bubble euphoria.
Via
Talk Markets
Daily Market Outlook - Friday, May 26
May 26, 2023
Asian equity markets generally strengthened, taking cues from the rally in the US driven by AI technology stocks. Additionally, reports surfaced indicating progress in resolving the US debt ceiling...
Via
Talk Markets
FX Daily: Emerging Market FX Misfires
May 26, 2023
This month's hawkish re-appraisal of the Fed's cycle is strengthening the dollar across the board. Some of the more vulnerable EM currencies are hitting new lows.
Via
Talk Markets
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