Page 9 - பீட்டர் ஹாங்க்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Bitcoin Price May Be in Peril After Losses Reshape Technical Landscape
dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility
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Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?
2021-05-19 20:35:00
Peter Hanks,
Strategist
USD/CAD Price Outlook:
USD/CAD fell to its lowest level since September 2017 this week but has since reversed
Rising risk aversion, falling crude oil prices and potential taper talk from the Fed could look to drive a USD/CAD recovery rally
Still, the pair has declined for months and attempting to call a bottom near the lowest level in four years can be a risky endeavor
Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?
USD/CAD was offered a brief reprieve from months of consistent selling pressure as market participants turned to Fed meeting minutes for insight. Prior to the report, USD/CAD slipped to its lowest level since September 2017 and the price chart reveals a series of lower highs and lower lows. Upon release, the FOMC minutes revealed “a couple” Fed officials expressed concern of inflation building to “unwelcomed levels.” The
Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility
2021-05-18 20:30:00
Peter Hanks,
Strategist
Dow Jones Price Outlook:
The Dow Jones remains above an important trendline from March 2020
Nevertheless, the bullish outlook could fall under threat if bearish price action sparks a trendline break
Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility
The Dow Jones has been an outstanding performer among the three US indices over the last few months as the ongoing reflation trade helps to bolster many of its constituents. The same forces that have helped drive the Dow higher have worked to cripple the high-flying technology stocks of the Nasdaq 100 and many leaders of the S&P 500. As a result, the Dow Jones is the only index among them that remains above its broader uptrend and it could help the index avoid deeper declines if volatility continues.
Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?
2021-05-16 12:00:00
Peter Hanks,
Strategist
Stock Market Forecast for the Week Ahead: Neutral
The Dow Jones, Nasdaq 100 and S&P 500 will look to recover from last week’s turbulence
Inflationary fears have pressured risk appetite across asset classes and traders will look to the upcoming Fed minutes for further insight
Stock Market Forecast for the Week Ahead
The Dow Jones, Nasdaq 100 and S&P 500 endured considerable volatility last week as the three indices declined roughly -1.1%, -2.3% and -1.4% respectively. White-hot inflation data was largely to blame for the initial wave of selling as investors reassessed the Fed’s policy path given new economic readings. As the week progressed, disappointing retail sales and consumer confidence data helped to soothe hawkish fears and the indices were able to close the week off the lows.
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