Asia FX slips, dollar firms as hot payrolls spur rate hike fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currencies sank on Monday, while the dollar rose as stronger-than-expected U.S. payrolls data brewed concerns that the Federal Reserve will be able to keep raising interest rates for longer, while worsening Sino-U.S. ties also weighed. The dollar rose to a near one-month high against a basket of […]
Gold fears heights. Forecast as of 30.01.2023
2023.01.30 2023.01.30 Gold fears heights. Forecast as of 30.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The excitement because of the end of the Fed’s tightening cycle pushed gold to its highest levels since April. However, the Fed may turn dovish in 2023, which encourages the buyers to exit long trades. Let’s talk about this topic and draw up a […]
XAU/USD buyers could retain control if US GDP dismisses recession fears
Gold price bulls take a breather just below $1,950 after the ongoing upsurge. XAU/USD eyes critical US events for the next move, FXStreet’s Dhwani Mehta reports. United States Gross Domestic Product data to affect risk trends “Should the key US US GDP disappoint, implying signs of slowing down in the American economy, the USD could […]
Weak Rebound off the Multi-Month Low, Slowdown Fears Grow
US Dollar (DXY) Price and Chart Analysis US Treasury yields slump on growing recessionary fears. Multi-month support is likely to be re-tested. Recommended by Nick Cawley Forex for Beginners Most Read: US Dollar (DXY) Remains Under Pressure Ahead of Important US Data US Treasury yields slumped on Wednesday after the latest batch of data showed […]
Dollar slips lower; recession fears mount By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Thursday, continuing its recent selloff after weak U.S. economic data hinted at an upcoming recession, providing more arguments for the to slow down its aggressive interest rate increases. At 03:15 ET (08:15 GMT), the , which tracks the greenback […]
The US Dollar Bounces Back as Recession Fears Swirl. Where to for USD?
US Dollar, DXY index, USD, Fed, USD/JPY, AUD/USD, NZD/USD – Talking Points The US Dollar had a bumpy ride before composing itself today AUD, NZD and JPY have had a busy day on data and news The Fed compass is set due north, but how far and fast in that direction? Recommended by Daniel McCarthy […]
S&P500 Futures continues downside on slowdown fears, yields refresh multi-month low
Market sentiment remains negative as lower US PPI has pushed S&P500 valuations to the expensive side. Firms have been forced to trim the prices of their offerings to match weaker demand. Lower US PPI-inspired downward revision for inflation projections has sent US Treasury yields to a multi-month low. Intense sell-off by the market participants in […]
Asia FX slips on recession fears, yen battered by dovish BOJ By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies fell on Wednesday amid growing concerns over a global economic slowdown this year, with the Japanese yen plummeting after the Bank of Japan maintained its accommodative stance. The was the worst-performing Asian currency for the day, tumbling 2.6% to 131.47 against the dollar – one […]
Chinese yuan sinks on mixed GDP, Asia FX rattled by recession fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies fell on Tuesday amid renewed fears of a global recession this year, with the yuan among the worst performers as data showed Chinese economic growth was pummeled by COVID lockdowns in 2022. The fell 0.4% to 6.7611, coming off a near five-month high after data […]
Dollar languishes as Fed rate hike fears recede; China reopening boosts optimism By Reuters
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Rae Wee SINGAPORE (Reuters) – The U.S. dollar languished near a seven-month low against other major currencies on Tuesday, as investors took heart that the Federal Reserve may be nearing the end […]