Dollar in holding pattern ahead of Fed minutes, US inflation test By Reuters

[ad_1] © Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar was largely rangebound on Wednesday, though remained weighed down by dovish Federal Reserve comments, as traders awaited the

Risk stays on the defensive ahead of European trading

[ad_1] It’s been quite a while since geopolitics, or in this case an outright war, in the Middle East stole the spotlight in markets. But that is the case today as the world is honed in on the Hamas attacks on Israel on Saturday. That is seeing markets adopt a more risk-off approach today with

Newsquawk Week Ahead: FOMC minutes, ECB minutes, US & China CPI and UK GDP

[ad_1] Mon: EZ Sentix Index (Oct) Tue: Nil Wed: EIA STEO, US PPI (Sep). FOMC Minutes Thu: ECB Minutes, OPEC MOMR, IEA OMR, UK GDP (Aug), US CPI (Sep) Fri: Chinese Inflation (Sep), Chinese Trade Balance (Sep), EZ Industrial Production (Aug), US University of Michigan Prelim Note: Previews are listed in day order FOMC Minutes

FTSE 100, S&P 500 and Russell 2000 Hover Above Support Ahead of US NFP

[ad_1] Article by IG Senior Market Analyst Axel Rudolph FTSE 100, S&P 500, Russell 2000 Analysis and Charts ​​​FTSE 100 tries to recover from one-month low ​ ​The FTSE 100 is seen heading back up towards its 55-day simple moving average (SMA) at 7,521 while awaiting key US employment data.​If overcome, another attempt at reaching

Dollar edges higher ahead of key U.S. payrolls release By Investing.com

[ad_1] © Reuters Investing.com – The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking. At 03:40 ET (07:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher

XAG/USD on Bearish Path After Meltdown Ahead of US NFP

[ad_1] SILVER PRICE OUTLOOK: Silver prices fall modestly despite U.S. dollar softness. Traders remain cautious ahead of key U.S. labor market data. The September NFP report, due out on Friday, will be key for financial markets. Most Read: US Jobs Report Preview – What’s in Store for Nasdaq 100, USD, Yields, and Gold? Silver prices

XAUUSD: Nearing Yearly Lows Ahead of US Labour Data

[ad_1] Last week’s decline in gold prices accelerated after the break of the current downtrend channel support. The last time Gold traded at such a low was six months ago, when the US regional banking crisis triggered an influx of buyers, pushing prices away from support around $1809. The biggest weekly loss in the last

Aussie Dollar Slips on Weak PMI’s Ahead of RBA

[ad_1] AUD/USD ANALYSIS & TALKING POINTS Chinese and Australian PMI’s disappoint. US PMI data and Fed guidance to come later today. AUD long upper wick suggests the possibility for further downside. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUSTRALIAN DOLLAR