FXTM Forex Market News

2021-05-17 19:37:59 Open / Comment

2021-05-17 19:37:59 Technical Outlook: EURUSD Breakout On The Horizon?
https://www.forextime.com/market-analysis/technical-outlook-eurusd-breakout-horizon Open / Comment

2021-05-17 07:00:43 Asian stocks are mixed and US futures are in the red on Monday morning, kicking off the new trading week on a slightly risk-off note. Despite the buy-the-dip action in the latter half of last week, benchmark US stock indices remain off their respective record highs:


Dow Jones = 1.14% lower since 7 May
S&P 500 = 1.39% lower since 7 May
Nasdaq 100 = 4.62% lower since 16 April




 


Investors are still having to digest the prospects of the global economic recovery.


China continues to take significant strides into the post-pandemic era, registering year- on-year... Read More (https://www.forextime.com/market-analysis/key-events-week-reopening-optimism-vs-inflation-fears) Open / Comment

2021-05-17 07:00:43 Open / Comment

2021-05-17 07:00:42 Key events this week: Reopening optimism vs. inflation fears
https://www.forextime.com/market-analysis/key-events-week-reopening-optimism-vs-inflation-fears Open / Comment

2021-05-14 22:56:45 It was a week heavily influenced by inflation fears.

Risk assets resumed their rise on Monday morning despite the shockingly disappointing nonfarm payrolls report last Friday. Market optimism over the reopening of economies and expectations of lower rates for longer supported Asian equities. However, European and US stocks fell as inflation angst sparked a tech selloff. 

In the currency space, the British Pound caught our attention after surging above the 1.41 level. The combination of easing political risk for the United Kingdom and a broadly weaker Dollar... Read More (https://www.forextime.com/market-analysis/week-review-inflation-angst-volatile-markets-us-retail-sales-stall) Open / Comment

2021-05-14 22:56:45 Week In Review: Inflation Angst, Volatile Markets, US Retail Sales Stall
https://www.forextime.com/market-analysis/week-review-inflation-angst-volatile-markets-us-retail-sales-stall Open / Comment

2021-05-14 11:02:15 Equity markets looked to be heading into the abyss during yesterday’s morning session but US stocks turned green and all closed higher, snapping a three-day losing streak. The Dow and S&P are still on track for their worst week since late January even though the former enjoyed its best day in six weeks, while the Nasdaq remains around 7% below its all-time high. European bourses are all pointing to a better final session in what has been a tumultuous week for risk markets.

Dollar downtrend still intact

The dollar’s jump higher after Wednesday’s knockout inflation data paused below... Read More (https://www.forextime.com/market-analysis/sigh-relief) Open / Comment

2021-05-14 11:02:15 Open / Comment

2021-05-14 11:02:14 A sigh of relief
https://www.forextime.com/market-analysis/sigh-relief Open / Comment