US Dollar Stays Strong on Higher Volatility as Risk Aversion Eases. New Highs Next?
The US Dollar has pulled back from 20-year highs as Fed hikes are in focus again ahead of US CPI data. Where to for the US Dollar index (DXY)?
The US Dollar has pulled back from 20-year highs as Fed hikes are in focus again ahead of US CPI data. Where to for the US Dollar index (DXY)?
After a wild session, the S&P 500 ends the day in negative territory, registering its weakest close for 2022 on risk-off sentiment triggered by stagflation and monetary policy concerns.
The move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in AUD/USD like the price action seen earlier this month.
Ilya and Victor touch on the state of US Equities and the market’s changing sentiment toward how many rate hikes the Fed may need.
Nick Cawley explores his experiences in the 2017 crypto winter, explains the backdrop of last year’s crypto boom, and tries to explore if Ethereum, Bitcoin, and Alt-Coins will have a meteoric rise …
Gold prices have plunged recently and now trade slightly above a key support near $1835. If this floor is broken, downside pressure could accelerate, paving the way for a move towards $1780.
US equity benchmarks continue to push lower following Wednesday’s inflation print with investors appearing to remain extremely cautious.
The Yuan may see volatility on China’s inflation data today. The Dollar is also in focus, with the US following up with its inflation data. Meanwhile, USD/CNH’s technical posture may be weakening.
DailyFX analysts give their expert predictions and their 2022 Q2 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe…
Recent sell-offs in the broader crypto market and global equities sees a preference for the yen. AUD/JPY looking susceptible to the downside after breach of support