- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: April 25, 2018
April 252018
EUR/USD Declines As US Treasury Yields Continue to Rise
EUR/USD declined today ahead of tomorrow’s European Central Bank meeting. The US dollar also rallied against other most-traded currencies, supported by rising US Treasury yields. Wednesday was light on macroeconomic reports, therefore traders turned their attention to other fundamental factors. In particular, they focused on rising US Treasury yields, with the 10-year note hanging above 3% at the highest level in three years. As higher yields reflect […]
Read more
April 252018
US AM Digest: DXY Upside Momentum Set to Continue
Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA +0.01%, NASDAQ 100 +0.04%, S&P 500 -0.2% USD: Yesterday saw the 10yr US bond yield break the key 3% level, marking the highest level since January 2014. As such, the […]
Read more
April 252018
Ripple (XRP) Price Slump a Timely ’Crowded-Trade’ Warning
Ripple News and Talking Points – Ripple’s rally rudely interrupted – further losses may follow. – Retail sentiment shows traders are overwhelmingly long XRP. IG Client Sentimentshows 96.0% of traders are net-long Ripple with the ratio of traders long to short at 23.83 to 1. In fact, traders have remained net-long since Dec 25 when […]
Read more
April 252018
Bank Indonesia May Intervene to Support Falling Rupiah
The Indonesian rupiah fell today, prompting speculations that the nation’s central bank will intervene to defend the currency. The rupiah was under pressure from rising US Treasury yields and strengthening US dollar, which were sapping appeal from assets of emerging markets. The central bank was trying to hold off depreciation of the currency, but had little success so far. That resulted in speculations that the Bank Indonesia may […]
Read more
April 252018
Yen Continues to Fall After Economic Data Disappoints
The Japanese yen has started a decline at the end of the previous trading session and continued to move lower during today’s session. Japan’s macroeconomic data was somewhat disappointing, meaning that it could not stop the currency’s fall. The Indices of All Industry Activity rose 0.4% in February from the previous month. While the reading was better than the drop by 1.1% registered in January, it still managed to miss the median forecast of a 0.6% […]
Read more
April 252018
Gold Price Likely to Fall Further as US Dollar Reigns
Gold Price, News and Analysis – Gold buffeted by higher US Treasury yields. – Gold nears support but lower prices likely Check out our new Trading Guides – Updated news and Analysis on Gold, Indices and Major Currency Pairs. IG Client Sentiment data show 75.3% of traders are net-long EURUSD, 23% higher from last week. […]
Read more
April 252018
Asia AM Digest: Yen Could Gain if Asian Shares Follow US Lower
To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Yen Gains as Wall Street Tumbles The anti-risk Japanese Yen put in an aggressive recovery towards the end of Tuesday’s session after USD/JPY rose to its highest since early February. A decline in sentiment sent the S&P 500 more than […]
Read more
April 252018
Asian Stocks Wilt With Wall St, Treasury Yields To Drive Currencies
Talking Points: Asian stocks slipped across the board The US Dollar’s bid broadly held Economic news was scant but a European Central Bank policy meeting looms New to trading? Please check out the free DailyFX Guide Following Wall Street’s calamitous Tuesday was never going to be easy for Asia Pacific markets and, sure enough, Wednesday […]
Read more