FXTM Forex Market News

2021-05-24 19:09:52 Open / Comment

2021-05-24 19:09:52 Technical Outlook: G10 Currencies On Standby
https://www.forextime.com/market-analysis/technical-outlook-g10-currencies-standby-0 Open / Comment

2021-05-24 07:03:04 Last week, the volatility in crypto currencies was one of the factors that contributed to declines in equities, with alternative assets gaining enough heft to affect other asset classes. Despite crypto’s continued wild sings through the weekend, US equity futures are attempting to gain liftoff during the Asian morning session on Monday, as stocks attempt to halt two consecutive weeks of declines:



 

Here are the key scheduled events that could influence market sentiment this week:

Monday, May 24


Fed speak: Cleveland Fed President Loretta Mester, Kansas City Fed... Read More (https://www.forextime.com/market-analysis/key-events-week-can-us-stocks-halt-weekly-losing-streak) Open / Comment

2021-05-24 07:03:03 Open / Comment

2021-05-24 07:03:03 Key events this week: Can US stocks halt weekly losing streak?
https://www.forextime.com/market-analysis/key-events-week-can-us-stocks-halt-weekly-losing-streak Open / Comment

2021-05-21 12:00:07 Risky assets made a strong comeback overnight with US stocks rebounding vigorously with all sectors in the green, apart from energy. Growth and cyclicals led the way with Tech especially buoyant and the Nasdaq now posts small gains for the week with the index trading above its 100-day SMA. Sentiment and volatility appear to have stabilised although the VIX remains above 20 and gold is still holding its recent gains.



 

On the flip side, the dollar sunk back to its lowest levels since February with US bond yields are also fading back to near the lows for the week. The market now... Read More (https://www.forextime.com/market-analysis/stocks-bounce-dollar-fades) Open / Comment

2021-05-21 12:00:07 Open / Comment

2021-05-21 12:00:07 Stocks bounce, dollar fades
https://www.forextime.com/market-analysis/stocks-bounce-dollar-fades Open / Comment

2021-05-20 17:46:19 It’s been a wild ride aboard the risk on, risk off train over the past 24 hours or so. Stock markets went full circle, selling off aggressively as the sharp moves lower in the crypto space took the breath away. But the dip buyers were out in force and with the strong bounce back in cryptos, so risk assets went bid too with US equities posting minimal losses into the close.



US stock futures are modestly lower with the Vix, Wall street’s fear gauge, moving above 23.

 

Fed timeline

Meanwhile, during all that excitement, the dollar climbed off the floor thanks to the... Read More (https://www.forextime.com/market-analysis/wow-risk-rollercoaster-calms-down) Open / Comment

2021-05-20 17:46:19 Open / Comment