by Bob Beckett | Dec 5, 2022 | Forex News
USDJPY, Fed Rate Forecasts and Volatility Talking Points:The Market Perspective: USDJPY Bearish Below 137.50USDJPY closed below its 200-day SMA on Friday, but today’s rebound is the biggest seen from the pair in six monthsVolatility is elevated, which can lead to...
by Bob Beckett | Dec 5, 2022 | Forex News
US Dollar Talking Points:The US Dollar is bouncing from a Fibonacci support level to begin the week, helped along by a failed breakout in EUR/USD that showed up this morning.The FOMC is now in the blackout window ahead of the December rate decision and markets are...
by Bob Beckett | Dec 5, 2022 | Forex News
US Stocks Talking Points: Recommended by Tammy Da Costa Traits of Successful Traders US Stock Futures Fall as Fed Expectations RiseS&P 500, Nasdaq 100 and Dow futures are trading lower as Dollar strength returned to markets. With the recent move triggered by...
by Bob Beckett | Dec 5, 2022 | Forex News
FTSE 100 and GBP/USD approaching important zones – another Dollar story?FTSE 100 approaching important key zonesPotentially in for a rotation unless price breaks the key levelsGBP/USD’s bulls may be running out of steam and could be in for another dollar story...
by Bob Beckett | Dec 5, 2022 | Forex News
ISM Services PMI Data Surprises to the UpsideUS non-manufacturing (services) November: 56.5 vs 53.3 exp (54.4 prior)Customize and filter live economic data via our DaliyFX economic calendar Recommended by Richard Snow Trading Forex News: The Strategy The November...
by Bob Beckett | Dec 5, 2022 | Forex News
KEY POINTS: Recommended by Zain Vawda Get Your Free GBP Forecast Most Read: British Pound (GBP) Outlook – GBP/USD Driven Higher by the US Dollar, Where Next?GBP/USD FUNDAMENTAL BACKDROPCable reached a high of 1.23420 against the greenback in Asian trade before the...
