Page 4 - Key Talking Points News Today

Gold has been able to pick up some bullish momentum on the back of the latest US CPI data, but are buyers strong enough to break a key resistance?

: The Dollar has been building on last week’s gains leaving EUR/USD just above 2021 low ahead of US CPI data

The DAX 30 struggles to build demand as sentiment sours on rising Delta variant in the US and China

GBP/USD Running Out of Steam as 1.40 Falls in Sight, Focus on US PCE Key Talking Points: US PCE data is widely anticipated as price pressures start to subside elsewhere GBP/USD is trading just shy of the 1.40 mark for the first time in 5 weeks as a less hawkish Fed withdrew some support for an already weakening Dollar. The pair was already on a stronger path higher since bouncing off the 23.6% Fibonacci retracement (1.3577) on the 20th of July as the Pound staged a strong bounce higher after se...

The US Dollar fails to bounce higher after stronger than expected US CPI, causing USD/CNH to fall further

FTSE 100 Outlook: Picks Up Bullish Momentum Aimed at Breaking its Range Key Talking Points: Traders will be keeping an eye out for US CPI data this afternoon FTSE 100 could have a clear path towards 7,500 if it breaks above current resistance The FTSE 100 has attempted to push above the 7,100 mark again this morning despite ongoing concerns about inflationary pressures. The focus today is likely to be on the US CPI data out later this afternoon, where traders will be keeping an eye out for any ...

After a quiet start to the week euro traders are likely to pay attention to key events in the coming days

GBP/USD drops towards 1.41 as NFP data looms after a strong beat in ADP figures

European airlines struggle to keep bullish momentum as concerns grow regarding limited countries being added to the “green list”.

Euro traders hold strong as focus is shifted to US NFP figures out on Friday