fed - Financial Daily News Site

S&P 500 Futures, US Treasury yields retreat amid market’s indecision

S&P 500 Futures, US Treasury yields retreat amid market’s indecision

Market sentiment remains sluggish as traders await fresh clues for clear directions. Light calendar, mixed headlines add to the traders’ confusion. S&P500 Futures snap three-day uptrend, US 10-year Treasury yields consolidate two-day gains. US CB Consumer Confidence, central bankers’ speeches will be important for fresh impulse. Global traders fade the week-start optimism while searching for … Read more

US Dollar Index struggles to regain 104.00 ahead of US CB Consumer Confidence data

US Dollar Index struggles to regain 104.00 ahead of US CB Consumer Confidence data

US Dollar Index fades bounce off eight-day low amid market’s indecision. Lack of catalysts challenge the previous rebound backed by firmer US statistics, risk-off mood. US CB Consumer Confidence for June, qualitative factors to determine moves ahead of Wednesday’s ECB Forum. US Dollar Index (DXY) pokes the 104.00 hurdle as buyers struggle to extend the … Read more

EUR/USD retreats from fortnight high near 1.0600 on recession/inflation fears, ECBSpeak eyed

EUR/USD retreats from fortnight high near 1.0600 on recession/inflation fears, ECBSpeak eyed

EUR/USD bulls take a breather around two-week high, pauses two-day uptrend. US dollar recovers on fresh fears of inflation/recession emanating from the US data. Headlines surrounding Russia, anxiety ahead of ECB Forum adds strength to the risk-off mood. US CB Consumer Confidence, comments from ECB policymakers eyed for intraday directions. EUR/USD holds onto the pullback … Read more

The biggest losers and the biggest winners from the Fed’s interest rate hikes

The biggest losers and the biggest winners from the Fed's interest rate hikes

At its policy meeting on Wednesday, the Fed raised interest rates by 0.75 basis points. The following two trading days after the announcement were tough for some indexes and a little quiet for some other pairs and commodities. The energy sector wasn’t spared from the impact of the interest rate rise. The prior week in … Read more

Top three trading insights on FXS traders’ community – American session Premium recap

Top three trading insights on FXS traders' community – American session Premium recap

Do you know FXStreet has its exclusive trader’s community on Discord? There, Premium users can contact Analysts Yohay Elam and Tomas Salles directly and ask them any questions related to the markets and trading. Here we offer you a selection of the best three questions and answers during this American session. Don’t miss our traders’ Discord community. … Read more

Precious metal prices surge as recession fears mount – What’s next? [Video]

Precious metal prices surge as recession fears mount – What’s next? [Video]

The most highly antipated FOMC Meeting of 2022 took place on Wednesday with the Fed announcing a “super-sized” rate hike. Declaring that it’s essential to tame inflation, the Federal Reserve raised interest rates by 75 basis points – the biggest increase since 1994 with Fed Chairman Jerome Powell signalled another jumbo sized hike next month. … Read more