Dow & Nasdaq 100 edge lower while Hang Seng hits new 14-month low
While US markets have seen some more small losses, the Hang Seng has lurched to its lowest level since November 2022
While US markets have seen some more small losses, the Hang Seng has lurched to its lowest level since November 2022
German inflation rose in December while general economic sentiment continues to make small strides in the right direction despite stagnant growth in Europe
Sterling is trading back below 1.2700 after the release of the latest UK jobs and wages data. The US dollar has also picked up an early bid, putting pressure on the GBP/USD.
Gold continues to build on Friday’s safe haven bid while US yields look to extend the multi-day decline. Lower volume trading expected during Martin Luther King Day in the US
With US markets closed for the Martin Luther King Jr. Federal Bank Holiday, the Euro is picking up a small bid against a range of currencies.
Outlook on FTSE 100, DAX 40 and Nikkei 225 as the US is shut for Martin Luther King Jn. Day.
Main considerations for FX markets this week include UK jobs and inflation data, markets just about expecting successive 25 bps cuts from March, and Chinese Q4 GDP
A mixed week with US equities continuing to push towards multi-year highs, while oil and gold are bid on escalating geopolitical risk. In the background, the US dollar treads water.
This article explores the week-ahead outlook for the U.S. dollar, examining important catalysts that could guide the performance of key currency pairs such as EUR/USD, GBP/USD and USD/JPY.
This article focuses on the technical and fundamental outlook for the U.S. dollar, examining price action dynamics for major FX pairs such as EUR/USD, GBP/USD and USD/JPY.