S&P 500 Index Falls as Tech Retreats, Nikkei 225 and ASX 200 May Follow
The S&P 500 paused a record rally amid weakness in the technology sector. Profit-taking activities appeared to be gathering pace as traders awaited corporate earnings. The US Dollar fell to a six-w...
New Zealand Dollar Forecast: NZD/USD Gains on Greenback Drop, Inflation Data Looms
NZD/USD is on the move higher as rising commodity prices and US Dollar weakness bolstered the New Zealand Dollar. Investors are eyeing inflation data.
British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates Outlook
Price action through the turn of April suggests that better days may be ahead for the GBP-crosses.
Gold Price Breakout on Hold as Yields Rise, GLD ETF Clocks Outflows
The Gold-tracking GLD ETF continues to see outflows even as gold pushes to its highest price in nearly two months. Gold bulls will also have to negotiate Treasury yields which remain a threat.
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.
Nasdaq 100 ETF Sees Largest Outflow Since October - Stock Market Update
The Nasdaq 100-tracking QQQ ETF recorded its largest outflow since October on Friday as equities entered the week on the backfoot. Nevertheless, the longer-term trend remains higher, at least for now.
US Dollar Price Action Setups: EUR/USD, GBP/USD
The US Dollar continues to slide and this has helped to propel both EUR/USD and GBP/USD. Do USD bears have staying power?
AUD/USD Rate on Track to Negate Head-and-Shoulders Formation
AUD/USD appears to be on track to negate the head-and-shoulders formation from earlier this year as it approaches the March high (0.7849).
FX Week Ahead - Top 5 Events: New Zealand, Canada, & UK Inflation Rates; BOC & ECB Rate Decisions
Now in the second half of April, the economic calendar brings forth several data releases and events that historically invite more volatility to FX markets.
USD/CAD Outlook Hinges on Bank of Canada (BoC) Forward Guidance
USD/CAD may continue to give back the rebound from the March low (1.2365) if the Bank of Canada (BoC) adjusts the forward guidance for monetary policy.