Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound

NASDAD 100, USD/JPY FORECAST: Nasdaq 100 rises for the seventh straight day, but gains are capped by rising U.S. rates U.S. Treasury yields resume their advance after last week’s pullback Meanwhile, USD/JPY perks up, putting an end to a three-day losing streak, with the broader U.S. dollar benefiting from the move in bonds Trade Smarter

Bullish Momentum Wanes Despite Softer USD, Yields

Gold (XAU/USD) Analysis Gold’s Bullish Momentum Weighed Down by General Lift in Sentiment The FOMC statement and presser resulted in a reduced expectation that the Fed will hike rates in December – the final meeting for the year. Jerome Powell attempted to keep the door open for another rate hike after expressing that the majority

Bullish Lift Halted by Stubborn Resistance Zone

EUR/USD News and Analysis Recommended by Richard Snow Get Your Free EUR Forecast Dwindling PMI Data Weighs on EUR/USD, Zone of Resistance Holds Firm PMI data for Europe continued the trend of weak data, underscoring the challenges faced by the continent as the global growth slowdown unfolds. On Monday a spike in bond market volatility

Seems vulnerable below mid-1.0500s amid bullish USD

Share: EUR/USD consolidates in a narrow trading band through the Asian session on Thursday. The fundamental backdrop and the technical setup support prospects for further losses. A convincing breakout through the descending channel hurdle will negate the bearish bias. The EUR/USD pair struggles to gain any meaningful traction on Thursday and oscillates in

EUR/USD Hindered by Resistance, EUR/AUD Still in Bullish Trend

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US Dollar Outlook: USD/JPY Flat, AUD/USD Dives after Rejection, USD/MXN Soars EUR/USD TECHNICAL ANALYSIS EUR/USD pulled back on Wednesday after failing to clear channel resistance located just below the 1.0600 handle,

PIMCO says bullish longer term bonds (12 month horizon), cites peaking inflation

PIMCO said it was bullish on the performance of long-term bonds: continue to favour long-term bonds over the next year, as they provide high yields not seen for over a decade while offering a cushion against economic uncertainty and expectations inflation has peaked More: U.S. economic growth is expected to slow the remainder of 2023

Geopolitical Turmoil to Spur Bullish Energy Market Sentiment

CRUDE OIL PRICES OUTLOOK Oil prices soften after Monday’s strong rally. Despite Tuesday’s move, geopolitical tensions in the Middle East create a constructive backdrop for energy markets in the near term. This article looks at oil’s key technical levels to watch in the coming days and weeks. Trade Smarter – Sign up for the DailyFX