Page 941 – Forex

Asia Day Ahead: Wall Street on a breather as Apple failed to commit to all-time high

A mixed showing in Wall Street eventually saw the Nasdaq pare its initial gains by the close, partly as optimism around Apple’s share price fizzled.

By admin

June 6, 2023

Market Outlook - European Market

US Dollar Holds the High Ground While Crude Oil Whips Around. Higher USD?

June 5, 2023

The US Dollar regained its ascendency after the US debt deal passed Congress and was supported by solid jobs data. OPEC+ announced output cuts and …

Market Outlook - Asian Market

Asia Day Ahead: US debt ceiling resolution brings focus back to Fed’s rate outlook

June 5, 2023

With the US debt default crisis averted which has been largely priced by markets previously, central focus this week could be shifted back to the …

Market Outlook

Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation

June 4, 2023

After some key activity data and the passage of the debt ceiling bill last week, markets could be in for a relatively quieter week on …

Forecasts

US Dollar Weekly Forecast: DXY Turns to Wall Street as Economic Docket Quiets Ahead

June 4, 2023

The US Dollar took a breather last week, with a still-tight labor market leaving the door open for the Fed to resume tightening in July. …

Forecasts

S&P 500, Nasdaq Week Ahead: US Stocks Surge Despite Jobs Data Beat

June 3, 2023

US stocks head into the weekend buoyed by a more dovish Fed, a debt ceiling deal, and stable average hourly earnings. However, signs of overheating …

Forecasts

Australian Dollar Outlook: The RBA Might Surprise Doves

June 2, 2023

The Australian Dollar recovered from a fresh low last week with the US Dollar ricocheting on the debt ceiling resolution, but the RBA could play …

Sentiment

Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since May 23, 2023 19:00 GMT when Wall Street traded near 33,096.00.

June 2, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian …

Market Outlook - European Market

US Dollar Dithers After Debt Deal Passes House of Reps. Will the Fed Now Drive USD?

June 1, 2023

The US Dollar struggled for direction on Thursday after the US debt deal passed through the House of Representatives ahead of the next hurdle. The …

Sentiment

EUR/GBP IG Client Sentiment: Our data shows traders are now at their most net-long EUR/GBP since May 11 when EUR/GBP traded near 0.87.

May 31, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading …

Analyst Picks

USD/CNH Bullish Advance Gains Pace on Stronger USD, Weaker Chinese Data

May 31, 2023

Worsening Chinese fundamentals and hawkish US rate expectations point to a bullish continuation within the USD/CNH pair