SP 500 & NAS100 PRICE FORECAST: Choppy Price Action and Indecision Returns as US Earnings Continues. Geopolitical Uncertainties and Robust US Data Give Market Participants a Headache as Evidenced by Retail Trader Sentiment. Rangebound trade for both the SPX and the Nasdaq 100 Cannot be Ruled Out for the Rest of the Week. To Learn
Share: USD/MXN retreats from a two-day winning streak ahead of US economic figures. US Dollar faces a challenge after the weaker preliminary US Michigan Consumer Sentiment Index. Banxico is expected to keep interest rates higher; contributing support for the Mexican Peso. USD/MXN pulls back from the recent gains, trading lower around 18.0160 during the Asian
EURUSD reaches the high of swing area target The EURUSD has moved down to a new low and in the process has reached the high of a swing area between 1.0483 and 1.0500. The low price has reached 1.0496 so far. The swing area is home to a number of different swing lows going back
Sat: New Zealand General Election Mon: New Zealand CPI (Q3), PBoC MLF Tue: RBA Minutes, German ZEW Survey (Oct), US Retail Sales (Sep), Canadian CPI (Sep) Wed: Chinese GDP (Q3), Chinese Industrial Output (Sep) and Retail Sales (Sep), UK Inflation (Sep), EZ Final HICP (Sep) Thu: BoK Announcement, Bank of Indonesia Announcement, Japanese Trade Balance
© Reuters Investing.com – The U.S. dollar slipped lower in early European trade Thursday, hovering near a two-week low ahead of the release of key U.S. inflation data. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.377, just above the
Markets: Gold up $60 to $1928 Oil up $4.74 to $87.65 US 10-year yields down 7.9 bps to 4.62% S&P 500 down 0.6% CHF leads, NZD lags This isn’t the kind of price action anyone wants to see while bombs are flying in the Middle East. The strength of the rallies in gold and oil
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Crude Oil, WTI, Brent, API, EIA, Fed, FOMC, US Dollar, US CPI – Talking Points Crude oil is struggling going into Thursday as the market awaits inventory data The Fed has been consistent in its messaging on a less aggressive stance If the US Dollar languishes, will that serve to underpin WTI?? Recommended by Daniel
S AND P 500 PRICE FORECAST: Most Read: Mixed US CPI Data as Core Inflation Falls to 2 Year Lows, DXY Rises and GBP/USD Slides US Indices have run into trouble thanks to a combination of key resistance levels and a sticky Inflation print. The inflation data actually came in rather mixed in my opinion
Share: Gold price holds gains tightly as Fed policymakers support an unchanged monetary policy ahead. The US Dollar reported bearish closes six times in a row as hawkish Fed bets wane. Investors await the US inflation data, which is expected to fall further. Gold price (XAU/USD) clings to gains backed by a
