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Day: May 9, 2018
May 92018
Japanese Yen Weak Across the Board
The Japanese yen was weak across the board today. Analysts provided various possible reasons for the currency’s extremely poor performance. Some market analysts argued that the yen was soft because of the crude oil rally following the announcement that the United States are pulling back from the Iranian nuclear deal. The higher prices for crude made more attractive riskier currencies related to commodities, while sapping strength from safer […]
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May 92018
NZD/USD May Rise to Options-Derived Resistance on RBNZ
New Zealand Dollar Talking Points: New Zealand Dollar is priced in for some intense price action over the coming days The currency may rise on the RBNZ rate decision before falling on April’s US CPI NZD/USD downside momentum is slowing warning that prices may turn higher next Just started trading NZD/USD? Check out our beginners’ […]
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May 92018
Asian Stocks Mixed As Investors Mull US Iran Deal Pullout
ASIAN STOCKS TALKING POINTS: Asian Stocks put in a mixed performance The US decision to pull out of a nuclear deal with Iran was front and centre Japanese wages showed some vigor at last Find out what the #1 mistake that traders make is and how you can fix it! Most Asian stock markets were […]
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May 92018
Ripple (XRP) Chart Breakdown Points to Further Losses
Ripple (XRP) News and Talking Points – Chart support looks weak, highlighting market fragility. – Will the SEC decide that XRP is a non-compliant security. IG Client Sentimentshows that traders are overwhelmingly long of Ripple. Download our free guide to see current client positioning and recent changes and what this means for traders. Ripple Looks […]
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May 92018
Asia AM Digest: Oil Swings on US Iran Deal Exit, MYR Eyes Election
To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Crude Oil Prices Swing on US Exit from Iran Accord Crude oil prices at one point on Tuesday declined about 3 percent as a report from CNN crossed the wires that US President Donald Trump was to announce that he […]
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