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RiskOff

Consumer Confidence Sinks as Recession Headwinds Grow, USD Gains on Risk-off Mood

US CONSUMER CONFIDENCE KEY POINTS: April consumer confidence sinks to 101.3, well below consensus estimates of 104.00 The slump in the headline index can be attributed to a sharp pullback in the survey’s expectations component U.S. Dollar (DXY) extends gains despite disappointing data amid risk-off sentiment Recommended by Diego Colman Get Your Free USD Forecast …

Consumer Confidence Sinks as Recession Headwinds Grow, USD Gains on Risk-off Mood Read More »

German PPI Surprise Fails to Arrest Slide as Risk-Off Mood Returns

KEY POINTS: Recommended by Zain Vawda Get Your Free EUR Forecast EUR/USD FUNDAMENTAL BACKDROP The Euro continued its decline against the greenback this morning as rising covid cases in China seem to have dented sentiment. The risk-off mood has benefitted the dollar as investors continue to flock to the greenback as a safe haven bet. …

German PPI Surprise Fails to Arrest Slide as Risk-Off Mood Returns Read More »

British Pound Plummets as US Dollar Roars in Risk-Off Rout. Where to Next for GBP/USD?

British Pound, GBP/USD, US Dollar, USD/JPY, Crude Oil, Gold – Talking Points The British pound is in unchartered waters today sinking to new depths The US Dollar is ratcheting higher against every currency so far today Central banks might play a larger role in currencies. Will that impact GBP/USD? Trade Smarter – Sign up for …

British Pound Plummets as US Dollar Roars in Risk-Off Rout. Where to Next for GBP/USD? Read More »

Asia-Pacific Markets Face Risk-Off Move as US Dollar Batters Sentiment

US Dollar, DXY, BOJ Kuroda, Japanese Yen, Chinese Yuan, Technical Outlook – Talking Points Asia-Pacific markets are under pressure after the US Dollar surged on Friday Bank of Japan Governor Kuroda to speak today as USD/JPY remains near 145 DXY Index aims for the May 2002 high after piercing trendline resistance Monday’s Asia-Pacific Outlook Asia-Pacific …

Asia-Pacific Markets Face Risk-Off Move as US Dollar Batters Sentiment Read More »

DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play

DAX 40: Index Finds Support at Session Lows Despite Uniper SE Nationalization. FTSE 100: Gains as Energy and Defense Stocks Rise. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter DAX 40: Index Finds Support from Session Lows Despite Uniper SE Nationalization. …

DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play Read More »

New Zealand Dollar Eyes Chinese Economic Data as APAC Markets Prep for Risk-Off Move

New Zealand Dollar, NZD/USD, Chinese Economic Data, Market Sentiment – TALKING POINTS Asia-Pacific stocks aimed lower after a downbeat trading session in New York Chinese manufacturing PMI may reverse sentiment if the data surprises to the upside NZD/USD outlook appears bearish as prices track below key moving averages Wednesday’s Asia-Pacific Outlook A downbeat New York …

New Zealand Dollar Eyes Chinese Economic Data as APAC Markets Prep for Risk-Off Move Read More »

Nasdaq 100 Sinks as Risk-Off Sentiment Dominates Markets, Commodities Slump

KEY MARKET DEVELOPMENTS: U.S. stocks slump on risk-off sentiment, Nasdaq 100 falls as much as 2% Growth-linked commodities, such as oil and copper, also take a beating amid growing recession fears U.S. dollar rallies across the board, EUR/USD briefly breaks below parity Most Read: US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY Risk-off sentiment …

Nasdaq 100 Sinks as Risk-Off Sentiment Dominates Markets, Commodities Slump Read More »

Nasdaq 100 Capitulates as Risk-off Mood Weighs Markets and ECB Signals Hikes

Nasdaq 100, NDX, NQ1, USD, JPY, AUD, CAD, ECB, Fed, China – Talking Points The Nasdaq found initial support, but growth worries re-surfaced to undermine APAC equities movedlower, joined by commodities and associated currencies After market reporting caught traders off guard. Will Nasdaq see new lows? The Nasdaq 100 was down over 1.5% in early …

Nasdaq 100 Capitulates as Risk-off Mood Weighs Markets and ECB Signals Hikes Read More »

Bitcoin Eyes 2022 Low After Breaking Key Fib Level Amid Risk-Off Move as NFP Nears

Bitcoin, BTC/USD, Market Sentiment , Australian Dollar, RBA, Technical Forecast – Talking Points Bitcoin Prices take a big hit as US equity markets sink after traders digest FOMC RBA policy statement in focus, but APAC traders to remain cautious before US NPF BTC/USD prices may drop to the 2022 low after prices pierced below a …

Bitcoin Eyes 2022 Low After Breaking Key Fib Level Amid Risk-Off Move as NFP Nears Read More »

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