USD Talking Points – US Q1 GDP may surprise to the upside. – ECB President Draghi watches as the Euro falls away. Check out our new Trading Guides: they’re free and have been updated for the first quarter of 2018. IG Client Sentiment data show retail is 52.5% net-long of EURUSD with long positions picking […]
Read moreTo get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Weaker New Zealand Consumer Confidence The New Zealand Dollar largely brushed aside local consumer confidence falling to its lowest since August 2016. Meanwhile, more positive US first quarter earnings crossed the wires. Intel and Microsoft beat their revenue targets. Meanwhile, […]
Read moreNZ Trade Balance and NZD/USD Talking Points: NZD/USD falls, then pulls back up on New Zealand’s March trade balance report There was a deficit surprise, but either way it may not impact the RBNZ policy path The New Zealand Dollar could decline against USD on Friday’s US Q1 GDP data Just getting started trading the […]
Read moreTalking Points: The Bank of Japan left its monetary policy alone It also removed any precise mention of when inflation might hit its 2% target from the policy statement The Japanese Yen remains pressured against the US Dollar Find out what DailyFX analysts think the Japanese Yen’s fate will be at our Forecast Page The […]
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