Foreign Exchange

The Latest Forex Market News Courtesy of DailyFx.

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Market News

France's CAC 40 stock index seems poised to fall alongside Spain's IBEX 35 equities benchmark as souring risk appetite weighs on European financial markets
Author: Daniel Moss
Posted: July 7, 2020, 7:00 am
Crude oil prices may fall as renewed fears about a second wave of Covid-19 lockdowns undermine risk appetite. Gold prices are struggling for direction.
Author: Ilya Spivak
Posted: July 7, 2020, 6:39 am
The Australian Dollar continued to trek higher against its US Dollar counterpart as the Reserve Bank of Australia held interest rates steady.
Author: Daniel Moss
Posted: July 7, 2020, 5:00 am
The US Dollar is pressured as rising coronavirus cases fail to dent 2021 GDP bets. Could the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit rise?
Author: Daniel Dubrovsky
Posted: July 7, 2020, 5:00 am
Current market conditions may keep the price of gold afloat as the Boston Federal Reserve announces that the Main Street Lending Program is now “fully operational.”
Author: David Song
Posted: July 7, 2020, 4:00 am
Bitcoin and Ethereum prices remain largely in range-bound trade, but a directionlsbias may soon be revealed while LTC/USD is gearing up for a potential spike.
Author: Dimitri Zabelin
Posted: July 7, 2020, 2:00 am
The S&P 500 index climbed 1.59% last night as the Covid-19 growth rate fell below its 7-day average in the ‘sun belt’ states of the US. Asia-Pacific stocks aim to follow higher.
Author: Margaret Yang
Posted: July 7, 2020, 1:00 am
A bull flag formation remains on the radar for EUR/USD as the Relative Strength Index (RSI) continues to track the bullish trend from earlier this year.
Author: David Song
Posted: July 7, 2020, 12:00 am
The Australian Dollar may glimmer in Tuesday’s Asia-Pacific trading session as investors gear up for the Reserve Bank of Australia (RBA) rate decision.
Author: Dimitri Zabelin
Posted: July 6, 2020, 11:00 pm
The Nasdaq 100 pressed to new heights as Asian equities surged higher on swelling volume. Will strength in other equity markets help extend the rally in US stocks?
Author: Peter Hanks
Posted: July 6, 2020, 9:40 pm
USD/CAD has been range bound over the past few weeks, with the 1.3500 area thwarting sellers on multiple occasions. Can bears take control?
Author: James Stanley
Posted: July 6, 2020, 7:22 pm
The accounting scandal that took down Wirecard has led to an implosion in share price for the tech stock, rendering it subject to removal from the DAX 30. What stock will take its place?
Author: Peter Hanks
Posted: July 6, 2020, 5:00 pm
Appetite for risk endures and continues to weigh negatively on the broader US Dollar, which has tracked the VIX Index ‘fear-gauge’ lower as global equities melt higher. Where is the USD and stock m...
Author: Rich Dvorak
Posted: July 6, 2020, 4:00 pm
US Dollar price action recovered marginally Monday morning on a better than expected services sector report from the Institute for Supply Management
Author: Thomas Westwater
Posted: July 6, 2020, 4:00 pm
The S&P 500 index may continue pacing higher as traders shift into an increasingly net-short position, but corporate insider activity flash worrying signals for broader market trends.
Author: Thomas Westwater
Posted: July 6, 2020, 2:00 pm
Sterling is treading water with a very mild upside bias, especially against a weaker US dollar. EU/UK trade talks continue and on Wednesday Chancellor Sunak announces a summer budget update.
Author: Nick Cawley
Posted: July 6, 2020, 12:20 pm
Australian Dollar continues to track risk sentiment higher, despite the rising concerns over a second wave of COVID cases
Author: Justin McQueen
Posted: July 6, 2020, 11:04 am
The latest bout of US dollar weakness has helped to push GBP/USD a touch higher but commentary from this week’s EU/UK trade talks will soon become the main driver of the pair.
Author: Nick Cawley
Posted: July 6, 2020, 8:00 am
Euro price charts hint at gains versus the British Pound and New Zealand Dollar. Stimulus talks may hamper the EU Stoxx 50 stock index’s three-month rally.
Author: Daniel Moss
Posted: July 6, 2020, 7:00 am
Gold prices edged lower as China talked up stock markets and pushed bond yields higher, but a weaker US Dollar limited the anti-fiat metal’s losses.
Author: Ilya Spivak
Posted: July 6, 2020, 6:35 am

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