ForexTime

2021-03-10 14:06:48 Tesla Roars Back to Life
https://www.forextime.com/market-analysis/tesla-roars-back-life Open / Comment

2021-03-10 07:19:34 Global investors are readying themselves for two major events today:


The February US consumer price index (CPI) announcement
The House of Representative’s possible vote on the $1.9 trillion fiscal stimulus plan


Both events could spur inflation expectations higher and trigger a massive reaction in Treasury yields, which could then jolt multiple major assets including the dollar, gold, and tech stocks.

Wall Street is expecting the headline CPI to register a year-on-year growth of 1.7%, which would its highest reading since February 2020, before the pandemic took hold. And the... Read More (https://www.forextime.com/market-analysis/dollar-index-gold-inflation-watch) Open / Comment

2021-03-10 07:19:34 Open / Comment

2021-03-10 07:19:34 Dollar index, gold on inflation watch
https://www.forextime.com/market-analysis/dollar-index-gold-inflation-watch Open / Comment

2021-03-09 19:41:42 The current big theme in the markets is taking a breather today and it’s hard not see to why it shouldn’t pull up a chair, put a hand on one knee and take stock of where it’s been.

Stocks that underperformed at the height of the pandemic like airlines and bank have been steaming along and leading the market. For instance, European bank and energy sectors have risen 20% and 13% respectively this year. On the flip side, this pick up has come at the expense of the tech-fuelled Nasdaq which has slumped into correction mode with a 10% fall from its February peak, but is bouncing today and... Read More (https://www.forextime.com/market-analysis/great-rotation-pauses) Open / Comment

2021-03-09 19:41:41 Open / Comment

2021-03-09 19:41:41 The “Great Rotation” Pauses
https://www.forextime.com/market-analysis/great-rotation-pauses Open / Comment

2021-03-09 12:45:25 Can you believe that the EURUSD punched above 1.2100 last week?



Since then, the currency pair has dropped over 250 pips. It fell for a fourth consecutive session yesterday, sinking to levels not seen in four months under 1.1850 thanks to fundamental and technical factors.



It looks like the Euro has woken up on the wrong side of the bed this morning, weakening against almost every single G10 currency.



Over the past few weeks, the outlook for the European economy has somewhat brightened thanks to vaccine rollouts and hopes over the government gradually lifting lockdown... Read More (https://www.forextime.com/market-analysis/technical-outlook-eurusd-eyes-11800) Open / Comment

2021-03-09 12:45:25 Open / Comment

2021-03-09 12:45:25 Technical Outlook: EURUSD Eyes 1.1800
https://www.forextime.com/market-analysis/technical-outlook-eurusd-eyes-11800 Open / Comment