USD/ZAR Outlook: Can SA GDP Figures Unsettle Recent Rand Strength?
Unsurprising South African GDP data has not swayed recent Rand strength but with more hard hitting U.S. CPI data later this week, will risk sentiment adjust?
Why Most Traders Fail and How to Increase Trading Success
Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.
British Pound (GBP) Price Outlook: GBP/USD May Slip Lower
GBP/USD continues to trade within a relatively narrow range but the bias could be to the downside as the EU and UK argue over Northern Ireland and talk persists of the UK delaying reopening.
Gold Prices See Pressures Building at $1,900, ETF Outflows an Ominous Sign
Gold prices fell below the $1,900 mark as the US Dollar strengthened as traders awaited US inflation figures this week. The world’s largest gold ETF saw net outflows for the first time in 5 weeks.
Euro Stoxx 50 Analysis: Bullish Momentum Continues Ahead of ECB Meeting, US CPI Print
European equities edged higher to start the trading week as global investors cast their eyes to Thursday’s ECB policy meeting and US CPI print.
Nasdaq 100 Rally May Lead Nikkei 225, ASX 200 Higher, Bitcoin Falls
The Nasdaq 100 climbed as the FDA approval of a drug targeting Alzheimer’s disease bolstered the biotechnology sector. Asia-Pacific markets look set to open mixed. Bitcoin plunged below $34k mark.
Bitcoin Falls to Critical Support as Wall Street Stutters on G-7 Global Minimum Tax
Bitcoin weakened further as US markets reacted with a modestly bearish tone following an agreement in the G-7 over a global minimum 15% tax rate.
Crude Oil Price Forecast: Traders Set Sights Above $70 With Uptrend Intact
Crude oil trades at its highest level since late 2018 and could look to continue higher with sparse resistance overhead and a plethora of support beneath. A break above $70 would be a strong initia...
FX Week Ahead - Top 5 Events: Chinese, Mexican, US Inflation Rates; BOC & ECB Rate Decisions
The second week of June sees a global focus on inflation concerns, both in data and in rhetoric.
FinTwit, Women and Trading: An Interview with @DeadCaitBounce
Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.