OANDA Group
CFXS
Newsletter
Open hamburger menu

All news & analysis

Stay up-to-date with the latest market developments. Discover breaking news, in-depth analysis, expert commentary, and market insights that affects all asset classes, from forex and commodities to stocks and indices. MarketPulse news will help you stay ahead so you can make informed trading decisions.

us_elections_ballot_box.jpg
Markets Weekly Outlook - US Elections and Central Banks Lead the Way
Global markets experienced a mixed week, influenced by geopolitical risks and US jobs data revisions. The week ahead focuses on China's Standing Committee meeting, the US election and Central Bank Meetings. Wall Street indexes struggled, potentially due to high valuations and AI capital spend. Read More: GBP/USD Technical: Trendline Break Sets the Stage for Further Downside Week in Review: US Jobs Revised Downward After Positive GDP A mixed week comes to a close as markets deal with renewed geo
01-11-2024 12:27 GMT by Zain Vawda
UK_purse_strings_budget.jpg
GBP/USD Technical: Trendline Break Sets the Stage for Further Downside
GBP/USD has broken below a long-term ascending trendline, signaling potential further downside. UK budget concerns and a drop in manufacturing PMI have contributed to the Pound's struggle. UK budget concerns and a drop in manufacturing PMI have contributed to the Pound's struggle. Most Read: Apple (AAPL), Amazon (AMZN) Earnings Preview: AI Capital Spending and iPhone Sales in Focus Cable has struggled this week following the UK budget. Pound Sterling should have appreciated against the greenbac
01-11-2024 06:52 GMT by Zain Vawda
Usa-America-Stock-Market-Crisis-300x201-1.jpg
SPX 500: Second sign of downside volatility emerges, odds of medium-term corrective decline increase
Bearish reversal detected below 5,930 key medium-term resistance of the SPX 500. Market breadth indicator (% of component stocks above 20-day and 50-day moving averages) has deteriorated. The odds have increased for a medium-term corrective decline on the SPX 500 as the key US presidential election risk event looms on 5 November. This is a follow-up analysis of our prior report “SPX 500: First sign of volatility detected” published on 16 October 2024. Click here for a recap. Since our last pub
01-11-2024 06:01 GMT by Kelvin Wong
Usd-Jpy-Exchange-Rate.jpg
USD/JPY bounces back ahead of US jobs report
The Japanese yen is in negative territory on Friday after rising 0.89% a day earlier. In the European session, USD/JPY is trading at 152.82 at the time of writing, up 0.52% on the day. Markets brace for super-soft nonfarm payrolls The US releases the October employment report later today and the markets are bracing for a soft nonfarm payroll report of just 113 thousand.
01-11-2024 05:44 GMT by Kenneth Fisher
AdobeStock_147938531.jpeg
EUR/USD shrugs as eurozone CPI rises to 2%
The euro is flat on Thursday after three straight winning days. In the European session, EUR/USD is unchanged on the day, trading at 1.0854. Eurozone CPI hits 2% target Eurozone inflation rose to 2% y/y in October, up from 1.7% in September and above the market estimate of 1.9%.
31-10-2024 11:50 GMT by Kenneth Fisher
bankofjapan.jpg
USD/JPY eyes Bank of Japan meeting
The Japanese yen continues to have a quiet week. In the North American session, USD/JPY is trading at 153.25, at the time of writing, down 0.07% on the day. Bank of Japan expected to stay on sidelines The Bank of Japan concludes its two-day meeting on Thursday and is widely expected to maintain policy settings, including its benchmark rate at 0.25%.
30-10-2024 14:21 GMT by Kenneth Fisher
australian-dollar-aussie-flag-3d.jpg
Australian dollar rises as CPI falls to 3.5-year low
The Australian dollar has broken a three-day skid and is in positive territory on Wednesday. In the North American session, AUD/USD is trading at 0.6577, up 0.26%. Australian inflation falls below 3% Australia’s inflation rate fell below 2.8% y/y in the third quarter, down sharply from 3.8% in the second quarter.
30-10-2024 12:42 GMT by Kenneth Fisher
frozen-euro.jpg
EUR/USD rises as German GDP beats forecast
The euro is up for a third straight day on Wednesday. In the European session, EUR/USD is trading at 1.0839 at the time of writing, up 0.20% on the day. Germany’s GDP for the third quarter surprised on the upside with a modest 0.2% gain.
30-10-2024 06:16 GMT by Kenneth Fisher
UK-Parliament-low-res.jpg
UK Budget Preview: GBP/USD, GBP/JPY and EUR/GBP Price Action Ideas
UK Autumn Budget anticipation mounts as markets remain calm, unlike during the 'Trussonomics' era. GBP/USD faces a critical juncture at the 1.3000 level, with potential for both upside and downside breaks. GBP/JPY nears the 200.00 handle, a daily close above could trigger a run towards July highs. READ MORE: This article follows my previous GBP Price Action Ideas Piece on October 16. The GBP has steadily gained ground against the majority of G7 counterparts with the exception of the US Dollar a
29-10-2024 14:17 GMT by Zain Vawda
AdobeStock_258281978-1-scaled.jpeg
Gold (XAU/USD) Price Reclaims $2750/oz Amid Record $3 Billion Inflows into Gold Funds
Gold prices surge past $2750 per ounce on record inflows into gold funds. Gold ETFs saw a massive $3 billion investment last week, the second-largest increase ever. Year-to-date gains for gold are at 33%, setting the stage for its best year since 1979. Despite a strong US dollar, gold's rally remains unfazed, with safe-haven appeal outweighing dollar strength amid rising global uncertainties.
29-10-2024 07:25 GMT by Zain Vawda
japan-stock-market-green.jpg
Nikkei 225: Bulls are still holding the line despite political uncertainty
Impending potential fiscal stimulus measures are supporting the recent two days of rallies seen in the Nikkei 225. Technical analysis with TOPIX sector rotation suggests a likely start of a major impulsive up move sequence on the Nikkei 225. The biggest risk for Nikkei 225 bulls is likely the main CDP opposition party mounting a challenge to LDP’s right to lead in the lower house. This is a follow-up analysis of our prior report, “Nikkei 225: Potential bullish key reversal week after 4 weeks o
29-10-2024 06:36 GMT by Kelvin Wong
AdobeStock_412657664_Editorial_Use_Only.jpeg
Nasdaq 100 Technical: Negative feedback loop from rising US Treasury yields may overshadow mega-cap earnings results
Five mega-cap technology stocks (Alphabet, Microsoft, Meta, Apple and Amazon) will report their respective earnings results this week. Bullish momentum of the recent 4-week rally seen in the 10-year US Treasury yield remains intact. A continuation of the surge in the 10-year US Treasury yield may challenge the positive vibes from the US mega-cap technology earnings results. Pivotal week for the Nasdaq 100 as five mega-cap technology stocks; Alphabet, Microsoft, Meta, Apple and Amazon that have
28-10-2024 06:24 GMT by Kelvin Wong
1 … 31 32 33 … 276