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22 Apr BirthDailyFX is the leading portal for financial market news covering forex, commodities, and indices.
United States 22 Apr Birth
Euro Forecast: EUR/USD Outlook Bearish, Doves to Outvote Hawks at ECB Meeting
Fundamental Euro Forecast: BearishOne after the other, hawkish members of the European Central Bank’s policymaking Governing Council came out last week warning that Eurozone monetary policy will need to be tightened.However, it’s almost certain that they’ll be outvoted by the doves at this week’s Co
Canadian Dollar Forecast: Weakening US Labor Market to Weigh on USD/CAD
USD/CAD WEEKLY FORECAST: MILDLY BEARISHUSD/CAD has corrected lower and fallen more than 400 pips in the last two weeksWeakness in the U.S. labor market and its implications for the Federal Reserve's monetary policy support the case for further U.S. dollar weakness in the near term. The technical out
Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker Dollar
Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker DollarTeaser: Dismal NFP jobs data and a weaker dollar helped boost gold prices on Friday. We take a look at the week ahead to assess whether the move is likely to gain momentum Gold (XAU/USD) Fundamental Analysis:Dire NFP data
US Dollar Outlook Turns Outward After NFP Miss: RBA, ECB, BoC Rate Decisions Next
US Dollar Fundamental Forecast: NeutralUSD sank after non-farm payrolls report miss sapped Fed tapering betsDomestic economic docket fairly light ahead, placing focus on other newsKey external event risk include the RBA, ECB and BoC rate decisions US Dollar Reaction to Non-Farm Payrolls Data, Key Im
EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead?
EUR/USD Runs into 1.1800 HurdleUS Data Matters More for EuroEUR/USD: A late Friday surge as Powell’s much anticipated Jackson Hole speech, failed to provide a notable signal for tapering, relative to the plethora of hawkish Fedspeak heading into Powell’s remarks. In turn, the USD succumbing to a typ
GBP/USD Rate Outlook Hinges on Fed Economic Symposium
Chart created with TradingView British Pound Talking PointsGBP/USD trades to a fresh monthly low (1.3602) ahead of the Kansas City Fed Economic Symposium scheduled for August 26 – 28 as a growing number of Federal Reserve officials show a greater willingness to taper the quantitative easing (QE) pro
Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack
Gold Price Forecast: NeutralGold lifts into the weekend after Powell offers no clear taper signal XAU/USD looks ahead to next week’s NFP report for next risk event Geopolitical risks and broader risk trends to drive prices until then Gold prices rose into the weekend after Federal Reserve Chair Jero
US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report
US Dollar Talking PointsThe slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy. Fundamental Forecast for US Dollar: NeutralThe US Dollar Index (DXY) trades to a fresh weekly low (92.66) a
British Pound Forecast: BoE Talks End Game, EUR/GBP Drops to Yearly Lows
GBP/USDFUNDAMENTAL HIGHLIGHTS: BoE Announces Sequence for ExitEUR/GBP Edges Towards YTD LowBoE Recap: The most noteworthy takeaway from the BoE meeting had been the update to its exit sequencing, where the BoE lowered the Bank Rate threshold to unwind its balance sheet to 0.5% from 1.5%. What’s more
Euro Forecast: EUR/USD Likely to Hold its Ground in Week Ahead
Fundamental Euro Forecast: NeutralFew signs are emerging yet that the Eurozone economy is slowing yet the European Central Bank seems determined to maintain its current dovish stance. This suggests, at least from a Euro perspective, that EUR/USD will be relatively stable in the week ahead and that r
Australian Dollar May Wobble on Global Covid Cases, Fedspeak, Iron Ore Price Drop
Australian Dollar Fundamental Forecast: BearishAustralian Dollar remains vulnerable in the week aheadGlobal Covid-19 cases, falling iron ore prices pose risksEyes on Fedspeak as Treasury yields begin rising again? The Australian Dollar just barely managed to end the week with a gain against the US D
Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar after the Strong July NFP?
Advertisement Fundamental Forecast for the US Dollar: NeutralThe US Dollar (via the DXY Index) has rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds.Another hot inflation report is expected, and rates markets are starting to
Gold Fundamental Forecast: XAU/USD Eyes CPI After NFP Plunge
Gold Fundamental Outlook: NeutralGold sank after upbeat NFP report increased Fed rate hike betsXAU/USD’s next catalyst may come from US inflation figures Gold prices fell sharply against a stronger US Dollar on Friday. The July non-farm payrolls report crossed the wires at 943k, beating the consensu
British Pound Forecast: GBP Caution as BoE Meeting Looms
GBP/USDFUNDAMENTAL HIGHLIGHTS: GBP Recovers Across the BoardBoE and NFP the Notable Data PointsThe Pound extended on its recovery throughout the week across the board, with major GBP pairs testing key psychological levels. While the weakness in the greenback post-FOMC played a large part in the boun
Australian Dollar Outlook Bleak: AUD/USD Eyes RBA, Delta Variant, Beijing Crackdowns
Australian Dollar Fundamental Forecast: BearishAustralian Dollar slowed its broader descent but remains vulnerableDovish RBA, surging Covid cases, Beijing crackdowns threaten AUDSofter US non-farm payrolls data may offer upside relief to AUD/USD The Australian Dollar spent most of its time last week
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