April 12, 2018 – Page 2

April 12
2018

US AM Digest: Euro rises as ECB hawk provides clarity over future ECB rate hike

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here President Xi Address at the Boao Forum Overnight, all eyes had been on Chinese President Xi Jinping address at the Boao Forum. The President took a somewhat conciliatory approach having stated that China will implement major […]

April 12
2018

Asia AM Digest: Aussie Dollar Awaits China Data As Mood Improves

To get the Asia AM Digest every day, SIGN UP HERE Sentiment-linked currencies like the Australian and New Zealand Dollars rallied on Tuesday alongside stocks which were up in Asia, Europe and the US. The improved mood arguably began when China’s President Xi Jinping spoke at the Boao Forum for Asia early into the session. […]

April 12
2018

AUD/USD Rides Westpac Consumer Miss, Downtrend Threatened

Talking Points: Australian consumer confidence fell this month, according to Westpac However its index on the subject remains above the key 100 level, where optimism still rules The Australian Dollar market was clearly focused elsewhere Join our analysts for live, interactive coverage of all the major data which move the Australian Dollar at the DailyFX […]

April 12
2018

Australian Dollar Ignores China CPI Miss Amidst Trade Tensions

Talking Points: The Australian Dollar ignored worse-than-expected CPI and PPI releases from China Markets may be more focused on developments surrounding recent brewing trade tensions PBOC’s Governor Yi is expected to give a speech at an IMF conference tomorrow See how retail traders are positioning in the AUD/USD intraday using the DailyFX speculative positioning data […]

April 12
2018

Asian Stocks Mixed As Xi Trade Boost Fades, US CPI Up Next

Talking Points: Asian stocks put in a mixed performance Wednesday The Nikkei and ASX sold off a little, but Chinese stocks made gains, possibly after the PBOC chief offered the prospect of more financial liberalization The US Dollar held up against the Yen but lost out to its Australian and New Zealand cousins Ever felt […]

April 12
2018

Trade the News: GBP in Focus Ahead of UK Data Deluge

GBP TALKING POINTS: – UK figures for industrial production, manufacturing output, trade and construction are all due this session. – As always, better-than-expected numbers would give GBP a lift; poor data would weaken it. – While trade figures are always important, the manufacturing numbers are probably the ones most likely to have an impact on […]

April 12
2018

Sterling Falls after UK Factory Output Declined for the First Time Since March 2017

GBP News and Talking points Sterling falls through 1.4200 after soft production figures, construction output drop UK trade deficit widens due to decline in non-EU goods exports Eyes on BoE speech with Governor Carney and Broadbent set to speak tomorrow The new DailyFX Q2 Trading Forecasts are now available to help you make more informed […]

April 12
2018

UK Trade Data and Industrial Production – Webinar

Sterling Talking Points: Industrial production and manufacturing output both missed market expectations. GBP slipped back as attention turns to UK Q1 GDP. UK-EU trade deficit widened in the three months to February. The DailyFX Q2 Trading Forecast for GBP is now available. How are Retail Traders Currently Positioned in GBPUSD and why does it matter? […]

April 12
2018

Bitcoin, Ether, Ripple Charts Highlight Consolidation For Now | Webinar

Bitcoin (BTC), Ripple (XRP), Ether (ETH) News and Analysis – Bitcoin and Ether are showing bears have been absent in the last week. – Consolidation is good but market confidence is still needed – Sentiment indicators can help traders gain market color. We recently released A Guide to Day Trading Bitcoin & Other Cryptocurrencies to […]

April 12
2018

US Inflation Data Gives Fed More Reason to Hike

Talking Points: – Headline CPIrose by 2.4% YoY in March, in line with expectations – Core inflation followed suit also coming in as expected at 2.1% – Energy prices lagged while shelter and transportation prices tried to pick up slack – US Dollar mute as Federal Reserve is given more reason for a rate hike […]

Day: April 12, 2018