fxstreet.com Media Bias

Investors head to the weekend in bullish mood - FXStreet

“It has been a solid week overall for risk assets. Stocks got the inflation reading they wanted, putting them in a forgiving mood for the start of earnings season. Some better GDP figures from the UK and Germany added to the cheerier atmosphere on Friday, and while equities might look a bit overextended in the short-term, they do seem poised for a better start to the year than many had feared.”
fxstreet.com Jan 14, 2023

USD bounces back - FXStreet

The US dollar soared after jobless claims showed resilience of the labour market. On the daily chart, the directional bias remains up with the pair seeking to secure a foothold. A previous sharp drop found support over 0.6200, but its failure to reclaim 0.6360 could be detrimental to the market mood. Stiff selling pressure has led to a retest of 0.6200 and an oversold RSI attracted some bargain hunters in that demand zone. Its breach would reveal a lack of interest in the kiwi, reversing its trajectory for the next few days.
fxstreet.com Jan 13, 2023

Gold Price Forecast: Bulls retain control in a volatile session - FXStreet

Spot gold jumped to $1,901.70 a troy ounce following the release of the US Consumer Price Index (CPI) and comments from Federal Reserve Bank of Philadelphia President Patrick Harker, pulling back from the level later but holding on to intraday gains.
fxstreet.com Jan 13, 2023

German Government Adviser: Inflation in Germany has probably peaked - FXStreet

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.
fxstreet.com Jan 13, 2023

USD/JPY outlook: Slight bullish bias seen ahead of key US inflation report - FXStreet

The information contained in this document was obtained from sources believed to be reliable, but its accuracy or completeness cannot be guaranteed. Any opinions expressed herein are in good faith, but are subject to change without notice. No liability accepted whatsoever for any direct or consequential loss arising from the use of this document.
fxstreet.com Jan 13, 2023

GBP/USD Price Analysis: Potentially bullish above 1.2110 as Doji forms off 200-day EMA - FXStreet

GBP/USD justifies the previous day’s bullish candlestick formation above the 200-day Exponential Moving Average (EMA) as it prints the first daily gains in three. That said, the Cable pair portrays mild gains near 1.2165 heading into Thursday’s London open.
fxstreet.com Jan 13, 2023

AUD/USD Price Analysis: Distribution and spring set, or bullish continuation? - FXStreet

As per the prior analysis, AUD/USD Price Analysis: Distribution could be playing out into US CPI critical event, a thesis for the downside was illustrated leading up to the US Consumer Price Index event for a three-day set-up that had the downside-eyed should the bears crack the critical 0.68070 support structure and DXY move through key 103.00 and on to test the 103.50 equal highs.
fxstreet.com Jan 13, 2023

EUR/USD clings to mild gains below 1.0800 as ECB hawks battle with Fed doves ahead of US inflation

That said, downbeat expectations from the US Consumer Price Index (CPI) for December join recently dovish comments from the Fed policymakers to keep the pair buyers hopeful ahead of the release. Adding strength to the upside bias are the hawkish comments from the European Central Bank (ECB) policymakers.
fxstreet.com Jan 13, 2023

GBP/USD rallies sharply above 1.2070 on disappointing US Services PMI

The GBP/USD printed another leg-up of more than 100 pips following the US Nonfarm Payrolls data release. Later, the Institute for Supply Management (ISM) revealed the Services PMI Index, which shrank to 49.6 against forecasts of 55 and trailed the November 56.5 jump. It should be said that it’s the lowest reading since May 2020, and traders should be wary that PMI readings below 50 indicate contraction.
fxstreet.com Jan 13, 2023

GBP/USD pares Thursday losses, reclaims 1.1900 on soft USD after US NFP report

The GBP/USD is trimming some of its Thursday losses, as the US Department of Labor released upbeat economic data, which was positive, though the US Dollar (USD) is weakening across the board. Therefore, the GBP/USD is trading volatile at around 1.1900-1.1920 after hitting a daily low of 1.1841.
fxstreet.com Jan 13, 2023

Gold Price Forecast: XAU/USD bearish head and shoulders in play, eyes on $1,850 - FXStreet

Gold price was capped at the highest in more than eight months on Wednesday, while investors anticipate the United States of America Consumer Price Index (CPI) inflation data due Thursday. At the time of writing, Gold price is flat on the day at $1,876 but it had travelled between a low of $1,867.22 and reached a high of $1,886.69.
fxstreet.com Jan 13, 2023

MATIC Price Analysis: Traders left hanging as Polygon becomes clueless on Fed comments - FXStreet

Polygon (MATIC) price action tanked after popping higher in early trading on Tuesday. A similar picture to Monday emerged after two US Federal Reserve officials issued warnings and pushback against market enthusiasm after a few indicators on Friday showed a firm cooldown in the US economy. This is what the Fed wanted, and markets calculated that a Fed pivot would be nearby, which may not be the case.
fxstreet.com Jan 13, 2023

AI Generated News Bias (?): The source appears to be biased towards bullish forecasts, as most of the headlines suggest that the stocks, currencies, and cryptocurrencies are likely to increase in value.

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