Page 8 - Hour Chart News Today

US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets 2021-01-22 07:30:00 Daniel Moss, Analyst US Dollar, DXY, Fiscal Stimulus, Coronavirus Vaccinations, Jobless Claims – Talking Points: Risk appetite notably faded during APAC trade as tightening coronavirus restrictions in Hong Kong weighed on market sentiment. Loose monetary policy conditions and the prospect of additional deficit spending may cap the US ...

Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead of BoC 2021-01-18 07:30:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Coronavirus Restrictions, Bank of Canada, IGCS – Talking Points: Risk appetite notably faded to kick-off a fresh week of trade as attention shifts to President-elect Biden’s upcoming inauguration. Deteriorating health outcomes and economic data may weigh on the Canadian Dollar ahead of the B...

Nasdaq 100 Weighed Down by Tax Hike Fears as Biden Unveils Relief Plan 2021-01-15 07:30:00 Daniel Moss, Analyst Nasdaq 100 Index, Biden Stimulus Plan, Rising Yields, Rotation Trade, Corporate Tax – Talking Points: Equity markets traded cautiously lower during APAC trade as investors digested US fiscal aid plans. Rising bond yields and tax hike fears may weigh on US equity markets in the near term. Nasdaq 100 index at risk o...

DAX 30 Poised to Extend Climb Despite Threat of Extended Restrictions 2021-01-14 07:30:00 Daniel Moss, Analyst DAX 30 Index, Coronavirus Restrictions, Vaccines, German Lockdown, IGCS – Talking Points: Equity markets broadly gained during APAC trade as investors cheered the prospect of additional fiscal support out of the US. The threat of extended lockdown measures in Germany may begin to weigh on regional market sentiment. ...

Gold Price Outlook: Falling Real Yields, USD Weakness to Buoy XAU/USD 2020-12-31 01:30:00 Daniel Moss, Analyst Gold Prices, US Real Yields, Inflation Expectations, Fiscal Stimulus, President-elect Biden – Talking Points: Falling real yields and rising inflation expectations may underpin gold prices in the medium term. The potential for additional fiscal stimulus in the New Year may also put a premium on the anti-fiat metal. ...

Dow Jones, Russell 2000 at Risk as Senate Blocks Stimulus Checks Vote 2020-12-30 07:30:00 Daniel Moss, Analyst Dow Jones Industrial Average, Russell 2000, US Senate, Stimulus Payments – Talking Points: Equity markets traded mixed during APAC trade on year-end flows. The move to block swift package of enhanced stimulus payments may undermine US benchmark equity indices. Dow Jones Industrial Average at risk of a short-term pu...

DAX 30 Index Storms to Record Highs on Vaccine Rollout, Brexit Relief 2020-12-29 07:30:00 Daniel Moss, Analyst DAX 30 Index, Coronavirus Vaccine, Lockdown Restrictions, Brexit, IGCS – Talking Points: Equity markets gained ground during APAC trade as investors cheered the US House of Representatives push for increased stimulus checks. The distribution of Pfizer’s Covid-19 vaccine, in tandem with a resolution in Brexit talks...

Australian Dollar Outlook: AUD/JPY, AUD/USD Pullback Coming to an End? 2020-12-23 01:00:00 Daniel Moss, Analyst Australian Dollar, AUD/USD, AUD/JPY, Technical Analysis, IGCS – Talking Points: The cyclically-sensitive Australian Dollar’s recent slide lower may prove to be nothing more than a short-term pullback. AUD/JPY, AUD/USD rates eyeing a push back towards yearly highs as both exchange rates carve out a bullish Falling ...

S&P 500 Index May Extend Slide Lower Despite Senate Passing Aid Bill 2020-12-22 08:00:00 Daniel Moss, Analyst S&P 500 Index, Coronavirus Relief-Package, US Hospitalizations, End of Year Flows – Talking Points: Equity markets fell during APAC trade as a new strain of Covid-19 in the UK notably weighed on market sentiment. Risk assets may continue to come under pressure in the near term despite the Senate passing a much-needed...

Precious Metals Price Analysis: Gold and Silver to Extend Climb Higher 2020-12-21 01:00:00 Daniel Moss, Analyst Gold, Silver, Precious Metals, XAG/USD, XAU/USD – Talking Points: Gold prices eyeing a push to test Descending Channel resistance. Silver poised to extend recent climb as prices carve out a Bull Flag continuation pattern. Advertisement As mentioned in previous reports, gold and silver prices lo...