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Market News

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USD/JPY Pares Post-NFP Decline as US Treasury Yields Recover
USD/JPY Pares Post-NFP Decline as US Treasury Yields Recover
2021-05-10 19:00:00
USD/JPY attempts to retrace the bearish reaction to the US Non-Farm Payrolls (NFP) report amid the rebound in longer-dated US Treasury yields.
Copper Bullish Continuation: Q2 Top Trading Opportunities
Copper Bullish Continuation: Q2 Top Trading Opportunities
2021-05-10 17:00:00
Copper has been supported by unprecedented monetary policy, ultra-low interest rates and more importantly, low or negative real yields. It now looks to benefit from a strong recovery in output.
US Dollar Draws Near Key Support; EUR/USD to Two-Month Highs
US Dollar Draws Near Key Support; EUR/USD to Two-Month Highs
2021-05-10 15:30:00
It's been a fast and aggressive move of USD-weakness so far in Q2, but the Greenback has come to a key area on the chart around the 90-handle in DXY.
Gold Price Approaches 200-Day SMA for First Time Since February
2021-05-10 14:00:00
The price of gold appears to be on track to test the 200-Day SMA ($1851) for the first time since February after establishing a double-bottom formation in March.
Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment
2021-05-10 11:00:00
Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...
Crude Oil Prices Climb on Major US Pipeline Disruptions, Weaker USD
2021-05-10 06:00:00
Crude oil prices climbed during Monday’s Asia-Pacific session as a cyberattack on the largest US oil pipeline raised concerns about a near-term supply shortage. A weaker US Dollar also buoyed commo...
Nasdaq 100 Tumbles on Inflation Fears, Nikkei 225 and ASX 200 May Fall
Nasdaq 100 Tumbles on Inflation Fears, Nikkei 225 and ASX 200 May Fall
2021-05-11 01:00:00
The Nasdaq 100 index tumbled on Monday as rising inflation concerns catalyzed profit-taking activity among the tech stocks. Asia-Pacific markets may follow a sour US lead lower.
Dogecoin, Tesla, GameStop – FinTwit Trends to Watch This Week
Dogecoin, Tesla, GameStop – FinTwit Trends to Watch This Week
2021-05-10 16:00:00
Dogecoin ($DOGE), Tesla ($TSLA), and GameStop ($GME) are three trending markets on FinTwit that traders might want to keep close tabs on in the week ahead.
US Dollar Draws Near Key Support; EUR/USD to Two-Month Highs
US Dollar Draws Near Key Support; EUR/USD to Two-Month Highs
2021-05-10 15:30:00
It's been a fast and aggressive move of USD-weakness so far in Q2, but the Greenback has come to a key area on the chart around the 90-handle in DXY.
As a New Retail Trader Age Rises, Heed Tales of Past Manias
2021-05-10 09:00:00
In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.
US Dollar Outlook: USD/SGD, USD/THB, USD/PHP, USD/IDR May Fall on Dovish Fed Speak
2021-05-10 03:00:00
The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central Bank.
Dow Jones, Hang Seng, ASX 200 Outlook: Big NFP Miss Defies Tapering Fears
2021-05-10 01:00:00
Wall Street stocks closed broadly higher as April nonfarm payrolls data fell sharply below expectations, cooling fears about tapering Fed stimulus. The US Dollar fell to a 10-week low, buoying prec...
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