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Day: May 2, 2018
May 22018
Asian Stocks Mixed In Narrow Session, Focus Firmly On Fed
TALKING POINTS: ASIAN STOCKS Asian stocks were mixed in a narrow session The US central bank is expected to leave interest rates alone But its also expected to leave a June move very much live Find out what the #1 mistake that traders make so that you can sidestep it! Asian stocks were mostly lower […]
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May 22018
Trade the News: Weak Euro-Zone GDP to Keep EUR Under Pressure
EURUSD talking points: – Euro-Zone GDP data are not usually a major market mover but the numbers are expected to be weak and that would do nothing to arrest the decline in EURUSD. – Perhaps the greatest risk is of a sharper than forecast slowdown that would accelerate the pair’s downtrend. Check out the IG […]
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May 22018
Asia AM Digest: NZD Faces Jobs Report, AUD Looks to Caixin PMI
To get the Asia AM Digest every day, SIGN UP HERE A Look Ahead – NZ Jobs and Caixin Manufacturing PMI New Zealand’s first quarter jobs report will cross the wires early into Wednesday’s Asian trading session. The unemployment rate is expected to tick down to 4.4% from 4.5%. Meanwhile, average hour earnings are also […]
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May 22018
NZ Dollar at the Mercy of the Fed After Jobs Data Rally Fizzles
TALKING POINTS – NEW ZEALAND DOLLAR, UNEMPLOYMENT, RBNZ New Zealand Dollar briefly surges as Q1 data shows sharp wages increase Gains unable to hold as markets digest participation drop, slower job growth Spotlight on the FOMC rate decision as the RBNZ continues to be sidelined Join a DailyFX webinar to track the impact of key […]
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May 22018
Japanese Yen Steady On Service PMI, Market Looks Forward To Fed
JAPANESE YEN TALKING POINTS: Japan’s service sector PMI gained pace in April The economy remains in robust recovery mode However monetary policy remains stuck and extremely accommodative Find out what the #1 mistake that traders make is and how you can fix it! The Japanese Yen was steady against the US Dolllar Wednesday following the […]
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May 22018
Aussie Dollar May Fall Post Rise on Caixin Manufacturing PMI Beat
Australian Dollar Talking Points: Australian Dollar appreciates on April’s Caixin Manufacturing PMI beat Upcoming FOMC monetary policy announcement could take those back AUD/USD fell below a channel and key support, are more losses ahead? Find out what retail traders’ Australian Dollar buy and sell decisions say about the coming price trend! The Australian Dollar showed […]
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