US dollar turns higher as the mood turns negative
The US dollar has turned higher and equities are back in negative territory. It’s been a choppy session and I don’t rule out some dollar demand ahead of the London fix for the latest price action. EUR 15 mins I continue to worry we will see angst ahead of the FOMC decision on Wednesday and […]
AUD/USD turns negative after hitting highest level since June
US Dollar gains momentum during the American session as US yields move higher. Markets wobble after US economic data, ahead of central banks meetings next week. AUD/USD drops after a four-day positive streak. The AUD/USD dropped from the highest level since June during the American session after the US Dollar gained momentum. The pair peaked […]
Crude Oil Prices Spooked by US Data, IEA Report as WTI Turns to EIA Inventories
Crude Oil, WTI, IEA Report, US Retail Sales, EIA Inventories – Talking Points: Crude oil sinks the most in 2 weeks as soft US data scares traders Meanwhile, an IEA report underscored 2023 global supply glut bets Focus shifts to EIA weekly stockpiles as WTI faces triangle pattern Recommended by Daniel Dubrovsky Get Your Free […]
S&P 500, Nasdaq 100 Latest – Focus Now Turns to US Earnings Season
S&P 500, Nasdaq 100 – Technical Forecasts and Analysis US earnings kick-off today with a cluster of high-importance bank releases. The S&P 500 is in the middle of a technical battle. The Nasdaq 100 outlook remains neutral for now. Recommended by Nick Cawley Download our new Q1 equities forecast CPI Breaking News: US Headline CPI […]