Oil Price Inches Higher as Demand Ramps Up
The United States Oil Fund ETF (USO) is poised to benefit from the market dynamics.
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November 2nd 2021: Sterling Eyes Lower; $1.3570 in View
A H4 close sub $1.3657 opens the door to further underperformance in GBP/USD and, by extension, potential short-term selling opportunities, targeting $1.36,
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A Big Week with the FOMC Meeting and Jobs Report for October
Traders and investors are waiting for two key events this week that will shape the direction and price of gold.
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NFP and Forex: What is NFP and How to Trade It?
NFP and Forex: What is NFP and How to Trade It? https://www.dailyfx.com/forex/market_alert/2021/10/05/nfp-and-forex-trading.html Non-farm payroll figures are highly anticipated by forex traders. Find out how they...
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The RBA Will be in Focus Early with Economic Data Putting the EUR in the Spotlight
It’s a busier economic calendar for the Eurozone today, with manufacturing sector PMIs in focus. Ahead of the stats, the RBA is also in action...
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European Equities: Eurozone and Member State Manufacturing Sector PMIs in Focus
After a bullish start to the month, the focus will shift to member state and Eurozone manufacturing PMIs. Expect plenty of interest in the sub-components.
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ASX200 RBA Monetary Policy and Corporate Earnings in Focus
Following a bullish start to the week, the RBA will be in action later this morning. Expect plenty of influence alongside commodity prices, corporate earnings,...
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USD/CAD Exchange Rate Prediction – The Dollar Eases as Yields Slip
Forward looking manufacturing slips
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S&P 500 Scrapes Small Gain, but Russell 2000 Comes Alive and Explodes Higher
S&P 500 Scrapes Small Gain, but Russell 2000 Comes Alive and Explodes Higher https://www.dailyfx.com/forex/fundamental/article/fundamentals_vs_technicals/2021/11/01/SP-500-Scrapes-Small-Gain-but-Russell-2000-Comes-Alive-and-Explodes-Higher.html The S&P 500 began the week with no clear direction, but...
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Wall Street Hits Records as Tesla Surges; Focus on Fed Meeting
(Reuters) – Wall Street’s main indexes notched record closing highs on Monday as Tesla shares surged and the energy sector gained while investors looked ahead...
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Biden Tells Leaders U.S. Will Meet Climate Goals, While His Agenda Falters at Home
GLASGOW/WASHINGTON (Reuters) -President Joe Biden on Monday sought to assure world leaders the United States would fulfill its promise to slash greenhouse gas emissions in...
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American Airlines Cancels More Flights; Total Tops 2,300
(Reuters) -Weather and staffing-led turbulence stretched into a fourth day for American Airlines, with the top U.S. carrier cancelling more flights on Monday to push...
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Oil Rises On Demand Outlook Despite China Fuel Reserves Release
(Reuters) -Oil prices settled higher on Monday as expectations of strong demand and a belief that a key producer group will not turn on the...
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U.S. Regulators Say Issuers of ‘stablecoins’ Should be Policed Like Banks
WASHINGTON (Reuters) -A U.S. Treasury Department-led regulatory body called on Monday for Congress to regulate issuers of “stablecoins” like banks and urged financial agencies to...
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Dollar Ticks Lower With Fed Policy Decision in Focus
NEW YORK (Reuters) -The dollar eased versus its main rivals on Monday, after posting its biggest daily rise in more than four months in the...
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Pound Slips as Growth Worries Complicate BoE Rate Decision
LONDON (Reuters) -The pound slipped on Monday, touching its lowest in more than two weeks versus the dollar and euro, pressured by uncertainty over the...
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Forex Trading: What is Forex? FX Trading Explained
Forex Trading: What is Forex? FX Trading Explained https://www.dailyfx.com/forex/fundamental/article/special_report/2021/09/30/what-is-forex.html Forex trading is short for foreign exchange, often called ‘FX’ and focuses on the exchange of...
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USD/ZAR Outlook: Rand Claims Worst Performing BRICS Currency on Election Day
USD/ZAR Outlook: Rand Claims Worst Performing BRICS Currency on Election Day https://www.dailyfx.com/forex/fundamental/article/fundamentals_vs_technicals/2021/11/01/USDZAR-Outlook-Rand-Claims-Worst-Performing-BRICS-Currency-on-Election-Day.html South African municipal elections have hurt rand bulls today as uncertainty around the...
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FX Week Ahead – Top 5 Events: BOE, RBA, & Fed Rate Decisions; Canada Jobs; US NFP
FX Week Ahead - Top 5 Events: BOE, RBA, & Fed Rate Decisions; Canada Jobs; US NFP https://www.dailyfx.com/forex/fundamental/article/5_key_events/2021/11/01/fx-week-ahead-top-5-events-rba-rate-decision-fed-rate-decision-boe-rate-decision-canada-jobs-report-us-nfp.html Central bank rate decisions and labor market...