New Zealand Dollar Outlook: NZD/USD, AUD/NZD React to Covid Risks, RBNZ Policy Bets
The New Zealand Dollar weakened against the US Dollar and Australian Dollar overnight as growth-related fears, driven by Covid, impacted economic prospects, RBNZ policy bets.
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
The July FOMC meeting is just around the corner, and given the uptick in concerns around the delta variant, the upcoming meeting may draw heightened interest
US Dollar Price Outlook: USD Might Weaken if Covid Fears Abate
The US Dollar strengthened against most FX peers and pushed the DXY Index above key resistance on Tuesday, but will USD bears fade recent gains as covid fears abate and risk trends improve?
Crude Oil Price Forecast: Delta Variant Concerns Spark Sharp Reversal - The Macro Setup
Delta variant concerns have seen risk appetite take a hit in recent sessions as growth-sensitive assets like crude oil and equities slip lower. In the case of crude, a drastic reversal could see fu...
S&P 500 Rebounds as Netflix Kicks Off FAANG Earnings
US Equity benchmarks rebounded Tuesday following Monday’s sharp decline. Netflix earnings disappoint while revenues beat.
Mexican Peso Forecast: USD/MXN Remains Bid as Delta Variant Risks Brew
The Mexican peso fails to recover and loses ground for the second consecutive day against the U.S. dollar, as Covid-19 delta variant risks curb appetite for EMFX.
Gold Price Forecast: GLD Rally Cut Short, Confluent Support Holds the Low
Gold prices put in a nasty month of June but a very strong first half of July. After building an evening star last week, are bears preparing for a more pronounced re-entry?
DailyFX Analyst Tammy Da Costa on Her Day Trading Career
For women, starting a career in finance can be difficult. Yet due to changing economic and social trends, more opportunities in trading, investing and finance are becoming available. We sat down wi...
Market Sentiment Poor: Gold, JPY May Climb Further on Risk Aversion | Webinar
Trader confidence continues to ebb away, with safe havens like Gold and the Japanese Yen benefiting even more than the US Dollar – a trend likely to continue.
South Africa Update: USD/ZAR Remains Vulnerable as Zuma Trial Resumes
Looting, corruption and unrest bring Moody’s downgrade, interest rate decision and Zuma trial in focus. USD/ZAR unfazed by political warzone?