ForexLive European FX news wrap: Mixed dollar amid mixed markets
Headlines: Markets: AUD leads, JPY lags on the day European equities slightly higher; S&P 500 futures up 0.1% US 10-year yields up 2.2 bps to 3.506% Gold flat at $1,927.16 WTI crude up 0.6% to $82.15 Bitcoin up 2.6% to $22,912 It was a largely quiet session as broader markets are taking a cue from […]
Dollar lower as market eyes slower Fed rate hikes By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar started the week testing a fresh nine-month low as market participants bet on the trimming the size of its interest rate hikes for a second straight meeting in February. Fed officials are entering the ‘quiet period’ before their policy meeting on February 1st, but a report in […]
US Dollar Slips as Markets Weigh Fed Perspectives in Thin Trade. Lower USD?
US Dollar, DXY Index, USD, Fed, Lunar New Year, Crude Oil, Gold – Talking Points The US Dollar dipped today on the possibility of the Fed being less aggressive Equity markets that remain open over the Lunar New Year are buoyant so far today If Fed slows its hiking pace, will the DXY (USD) index […]
Dow Jones, Nasdaq 100, Canadian Dollar, BoC, AUD/USD, NZD/USD
Body: Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Global market sentiment was a mixed bag last week. On Wall Street, the Dow Jones plummeted 2.38% as the tech-heavy Nasdaq 100 soared 1.27%. Things looked worse across the Atlantic Ocean, the DAX 40 and FTSE 100 fell -0.35% and -0.94%, respectively. Markets were rosier […]
Venezuela’s bolivar depreciates to 20 per dollar as prices rise By Reuters
© Reuters. FILE PHOTO: A man walks past Venezuelan bolivar notes hung to resemble a tree, in Caracas, Venezuela March 6, 2019. REUTERS/Carlos Garcia Rawlins CARACAS (Reuters) – Venezuela’s down-at-the-heel bolivar currency fell to 20 per dollar, according to official data for Wednesday, complicating attempts by the government of President Nicolas Maduro to control inflation. […]
Dollar ends up vs yen, as super easy BOJ policy seems here for a while By Reuters
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on Friday, but the buck ended higher and still logged the biggest weekly gain since early December, […]
Stocks moving up. Dollar moving lower.
The US stocks have moved to the upside and all the major indices are in positive terrritory. Netflix is helping the tone with a gain of 7% after better earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation’s operation. Earnings […]
XAU/USD struggles around $1930s, drops on buoyant US Dollar
Gold price is set to finish the week around $1920s after hitting a multi-month high of nearly $1938. Thursday’s US economic data was mixed, showing that the labor market is far from portraying an upcoming recession. Gold Price Analysis: The 100-DMA crossed above the 200-DMA, further cementing the upward bias. Gold price retreats from multi-month […]
What Leads Dollar and S&P 500 to Stop Flirting With Volatility and Break Congestion?
S&P 500, VIX, Dollar, Recession and Earnings Talking Points: The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 127.00 Despite some provocative event risk (China GDP, BOJ decision) and some bouts of acute volatility (USDJPY, S&P 500), the broader market avoided conviction As the benchmark US index teases another 200-day SMA break […]
Gold prices ease as dollar ticks up, but set for fifth weekly rise
By Seher Dareen (Reuters) – Gold prices edged lower on Friday as the dollar firmed, although hopes of slower rate hikes from the U.S. Federal Reserve kept bullion on track for its fifth straight weekly gain. Spot gold fell 0.3% to $1,926.06 per ounce by 10:22 a.m. […]