Euro Stoxx 50 & IBEX 35 Outlook: Recent Rally at Risk as COVID Cases Rise Again
The recent rally in European equity benchmarks is at risk following a rise in new delta-variant COVID cases and fresh travel restrictions.
Australian Dollar Outlook: Delta Variant Weighs on Outlook, Chinese PMIs on Tap
The Australian Dollar moved lower against the Greenback overnight as investors become increasingly concerned over the spread of the highly transmissible Delta Covid variant. AUD/USD is eyeing Chine...
S&P 500 Looks to ISM Manufacturing for Next Price Action Driver – a Preview
June ISM manufacturing data will be released on Thursday. The results may provide clues about the state of the recovery and guide the near-term trajectory of the S&P 500.
US Dollar Price Forecast: DXY Breakout on Hold, Awaiting Catalyst
The US Dollar basket is in the midst of a potential longer-term breakout that has stalled as market activity drops. With a recent double bottom formation, the Dollar basket could continue higher if...
NZD/USD Slips Back Below 200-Day SMA After Snapping Five Day Rally
The rebound from the fresh yearly low (0.6923) may continue to unravel as NZD/USD trades back below the 200-Day SMA (0.7045) after snapping a five day rally.
Bitcoin (BTC/USD), Ethereum (ETH/USD) Take on Tone of Recovery
Crypto markets are recovering from last week's breakdown move, with both Bitcoin and Ethereum putting in short-term higher-highs and lows.
S&P 500 Rally to Extend on Red-Hot Consumer Confidence Data
The S&P 500 Index is gaining ground during early Tuesday trade with risk appetite looking firm after scorching red-hot consumer confidence data just crossed the wires and topped market forecast.
USD/JPY Pullback Stalls as More Fed Officials Strike Hawkish Tone
Developments coming out of the US may keep USD/JPY afloat ahead of the NFP report as a growing number of Fed officials show a greater willingness to switch gears.
Market Sentiment Webinar: Positive for USD, Bullish Signal on AUD/JPY
Trader confidence in more risky assets is ebbing away and the consequent advance in the US Dollar looks to have further to run on concerns about the delta variant of Covid-19.
US Dollar Rise Maintained, Eyes on Month End Rebalancing
USD keeps on the front foot as bulls probe higher levels. Eyes on month end rebalancing ahead of NFP.