Day: April 16, 2018

April 16
2018

Key UK Wages and Inflation Data Will Drive Sterling | Webinar

Sterling Talking Points: UK real wages may turn positive for the first time in around a year. The Bank of England will stay the course and increase rates by 0.25% in May. There are 10 US Federal Reserve speakers this week. The DailyFX Q2 Trading Forecast for GBP is now available. How are Retail Traders […]

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April 16
2018

Retail Sales Rebounded in March According to Advance Estimate

Talking Points: – Advance Retail Sales in March come in at 0.6% above the 0.45 estimate – Core retail sales miss slightly at 0.3% versus 0.4% expected – DXY has fallen lower following the release of the data – See the DailyFX Economic Calendar for upcoming economic data and for a schedule of live coverage […]

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April 16
2018

US AM Digest: Crude Oil Falls as Geopolitical Risks Unwind

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US-led airstrikes across three Syrian bases associated with chemical weapons capabilities had been the main headlines from over the weekend. President Trump later indicated that it was ‘mission accomplished’, conseuqently, reducing the risk of more action […]

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April 16
2018

Euro Rallies Against US Dollar Despite Positive US Retail Sales Data

The euro today rallied higher against the US dollar despite the release of positive US advance retail sales data in the early American session. The single currency was on an uptrend against the greenback from the early European session following a resurgence in the selling pressure on the greenback. The EUR/USD currency pair today gained over 68 points to rally from a low of 1.2323 to a high of 1.2394 in the early American session. The euro’s rally against the US dollar […]

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April 16
2018

Malaysian Ringgit Faces Local CPI & China GDP, USD/IDR May Fall

Talking Points: Singapore Dollar boosted by last week’s MAS decision, Malaysian Ringgit fell on election uncertainty ASEAN bloc currencies face the Chinese GDP report, Bank of Indonesia decision is also coming up USD/IDR could be at risk of declining amidst slowing momentum to the upside as key lines converge Build confidence in your own USD/IDR […]

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April 16
2018

Asia AM Digest: Syria Fears Abate, Yen Might Strengthen

To get the Asia AM Digest every day, SIGN UP HERE Sentiment on Friday started in a rather upbeat mood as US President Donald Trump continued to open the door to the country rejoining the Trans-Pacific Partnership Trade Accord. Australia’s Trade Minister Steven Ciobo welcomed his remarks. The anti-risk Japanese Yen fell while higher-yielding currencies […]

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April 16
2018

Asian Markets Mixed As Investors Mull Syria Strikes, Look to Earnings

Talking Points: Western strikes on Syria kept market nerves on edge But they did not completely destroy risk appetite, far from it in fact Markets are waiting to see what Russia’s full reaction might be Find out what the #1 mistake that traders make is and how you can avoid it! Asian stocks were mixed […]

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April 16
2018

Markets Brush Off Geopolitics, Gold Nears Strong Support

Gold News and Prices – Traditional risk markets left unmoved but worries persist as US likely to ramp up Russian sanctions. – Gold nears technical support DailyFX Q2 Trading Forecasts for gold, oil, major currency pairs and equities are now available to download for free. Financial Markets Ignore Geopolitical Tensions for Now Risk markets opened […]

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