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US Dollar Price Outlook: USD Recovery Hinges on Upcoming Inflation Print

The near-term trajectory of the US Dollar hinges on inflation figures for the month of February and the total demand for Treasuries at the upcoming 10- and 30-year auctions.

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY Levels Ahead of BoC

Although the Canadian Dollar’s long-term outlook remains bullish, a short-term pullback could be in the making as the BoC rate decision approaches. Key levels for USD/CAD, CAD/JPY rates.

Retail Trader Positioning Outlook: S&P 500, EUR/USD, USD/JPY

Retail trader signals hint that the S&P 500 may rise, with the US Dollar looking to gain ground against the Euro and Japanese Yen. What are key levels to watch for?

Nasdaq 100 Surges As Treasury Yields Recede. NZD/USD Aims Higher

The recent rotation in US equities reversed on Tuesday as the Nasdaq 100 surged north of 4.0%. Meanwhile, the New Zealand Dollar takes aim at recapturing a major trendline as the Greenback weakens.

Australian Dollar Outlook: AUD/USD Break Tests First Aussie Hurdle

Australian Dollar has dropped into the first major support hurdle- looking for Aussie inflection ahead. These are the levels that matter on the AUD/USD technical charts.

March 9, 2021
Business
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Shares of Tesla Inc closed lower for a fifth consecutive session on Monday, caught in a techled selloff that has wiped more than 277 billion off the companys market value over the last month. Highflying tech stocks, which powered the markets rebound from the pandemic lows in March last year, have been hit by a […]

March 9, 2021
Oil
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Oil futures moved lower Tuesday, on track to suffer a second straight day of losses as traders awaited data that may reveal a third weekly climb in U.S. crude inventories. A more definite price direction is expected soon, when the U.S. weekly oil inventory report reveals estimates on how oil stocks performed last week, said […]

March 9, 2021
Finance
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Gold futures on Tuesday rose sharply, with prices trading back above 1,700 an ounce, supported by a retreat in the dollar and a pullback in yields for government debt from oneyear highs. Gold for April delivery on Comex gained 36.40, or 2.2, to reach 1,714.20 an ounce, after tumbling 1.2 to hit the lowest for the mostactive […]

March 9, 2021
Finance
No Comments

LONDON, March 9 Reuters Sterling touched a twoweek high against the euro on Tuesday and rose above 1.39, supported by progress in Britains vaccination programme, with the Bank of Englands governor cautiously optimistic about an economic recovery. Traders expect a swift inoculation programme will help revive the economy, with more than 22 million people having […]

March 9, 2021
Finance
No Comments

Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailers ecommerce strategy and speculation that small investors will pour stimulus check funds into stock markets. GameStop shares were up 23.5 to 239.80 in early […]

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US Dollar Price Outlook: USD Recovery Hinges on Upcoming Inflation Print

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY Levels Ahead of BoC

Retail Trader Positioning Outlook: S&P 500, EUR/USD, USD/JPY

Nasdaq 100 Surges As Treasury Yields Recede. NZD/USD Aims Higher

Australian Dollar Outlook: AUD/USD Break Tests First Aussie Hurdle

Tesla Loses more than Quarter of a Trillion in a Month

Oil Poised for 2nd Straight Loss ahead of Weekly U.S. Data

Gold Reclaims Perch at 1,700, Yields Pull Back, USD Softens

Pound Reaches TwoWeek High vs Euro on BoE Cautious Optimism

GameStop Shares Soar more than 20

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