Dollar steady after robust U.S. jobs data, lira hits record low By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar held firm against the euro on Monday, with traders taking the view the U.S. Federal Reserve will likely lift its benchmark rate above 5% and […]
ForexLive European FX news wrap: Dollar steady amid tentative market mood
Headlines: Markets: JPY leads, GBP lags on the day European equities little changed; S&P 500 futures down 0.3% US 10-year yields up 5 bps to 3.551% Gold flat at $1,928.30 WTI crude up 1.5% to $82.19 Bitcoin down 0.6% to $22,927 It was another quiet session in Europe, with not much in terms of data […]
Steady Brent Looks to U.S. Data for Guidance
BRENT CRUDE OIL (LCOc1) TALKING POINTS Crude inventories weigh on Brent ahead of OPEC next week. Fading USD may find some relief today leaving Brent exposed. Hesitant price action on daily chart. Recommended by Warren Venketas Get Your Free Oil Forecast BRENT CRUDE OIL FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter […]
US equities continue the steady grind higher into the weekend
The lesson of the year so far is that markets will do what people least expect. The strong consensus coming into the year was that rate and recession fears would keep stocks cheap before an H2 rally. Well, the market didn’t wait and now the S&P 500 is poised to close above some key levels, […]
ForexLive European FX news wrap: Dollar steady awaiting US data
Headlines: Markets: AUD leads, JPY lags on the day European equities slightly higher; S&P 500 futures up 0.2% US 10-year yields up 2 bps to 3.482% Gold down 0.5% to $1,936.17 WTI crude up 0.8% to $80.78 Bitcoin down 2.6% to 22,983 It was a quiet session for the most part with there not being […]
EUR/USD Steady Near its Multi-Month High, German Ifo Report Cheers
EUR/USD Price, Chart, and Analysis German Ifo data suggest that the economic outlook is improving The ECB – market impasse over interest rates continues. Recommended by Nick Cawley Download our new Q1 Forecast Most Read: EURUSD Latest – The Bullish Trend Remains in Place as the ECB Talks Tough The German economy is starting the […]
ForexLive European FX news wrap: Yen falls, dollar steady in final stretch of the week
Headlines: Markets: NZD leads, JPY lags on the day European equities slightly higher; S&P 500 futures up 0.1% US 10-year yields up 4 bps to 3.433% Gold down 0.2% to $1,927.98 WTI crude up 0.2% to $80.49 Bitcoin up 0.3% to $21,014 It was a relatively quiet session with the dollar sitting more mixed across […]
Atlanta Fed GDPNow remains steady at 3.5%. Tomorrow will be the last estimate for the 4Q.
The Atlanta Fed GDPNow model projects the fourth-quarter GDP at 3.5%. That is unchanged from the yesterday’s estimate. In their own words: “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 3.5 percent on January 19, unchanged from January 18 after rounding. After this morning’s […]
Forexlive Americas FX news wrap: Dollar steady but risk trades rip ahead of CPI
Markets: WTI crude oil up $2.49 to $77.61 US 10-year yields down 8.3 bps to 3.53% Gold down $1 to $1876 S&P 500 up 48 points to 3988 AUD leads, CHF lags The big mover in Wednesday’s trade was the Swiss franc as EUR/CHF broke out of a multi-month range and shot above the 200-day […]
ForexLive European FX news wrap: Dollar steady, markets mixed
Headlines: Markets: USD leads, NZD lags on the day European equities higher; S&P 500 futures up 0.2% US 10-year yields down 4.7 bps to 3.576% Gold flat at $1,877.15 WTI crude up 0.4% to $75.43 Bitcoin down 0.3% to $17,421 It was a quiet session as European trading was bereft of any major economic releases, […]