- 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: May 25, 2018
May 252018
EUR/USD Resumes Decline as Geopolitical Tensions Don’t Escalate
EUR/USD attempted to rally yesterday on the back of geopolitical tensions, but the rally did not last long, and now the currency pair moves down again. Analysts explained the decline, which pushed the EUR/USD pair to the lowest since November, by the fact the tensions did not escalate. Today’s macroeconomic data in the United States was disappointing, but even that was unable to support the currency pair. Durable goods orders dropped 1.7% in April. […]
Read more
May 252018
Technical Analysis: Bitcoin, Ether, Ripple, Litecoin
News and Talking Points – Bitcoin, Ripple, Ether, Litecoin – Talk that the US Justice Department is investing illegal practices in the cryptocurrency market. – Charts continue to look negative and fresh 2018 lows beckon. Another bad week in the crypto-space with the market currently over $50 billion lower from its high print on Monday. […]
Read more
May 252018
Turkish Lira Continues to Slide Despite Central Bank’s Efforts
The Turkish lira continued to slide today despite efforts from the nation’s central bank to stem the currency’s depreciation. The Central Bank of the Republic of Turkey made an emergency interest rate hike on Wednesday, raising the lending rate by 3 percentage points to 16.5%. Other rates, including the benchmark Marginal Funding Rate, remained without change. Apparently, that was not enough to prevent the collapse of the lira as the currency continued to fall afterwards. USD/TRY rose […]
Read more
May 252018
EUR/USD Resumes Decline as Geopolitical Tensions Don’t Escalate
EUR/USD attempted to rally yesterday on the back of geopolitical tensions, but the rally did not last long, and now the currency pair moves down again. Analysts explained the decline, which pushed the EUR/USD pair to the lowest since November, by the fact the tensions did not escalate. Today’s macroeconomic data in the United States was disappointing, but even that was unable to support the currency pair. Durable goods orders dropped 1.7% in April. […]
Read more
May 252018
GBPUSD Consolidating After Tepid Q1 UK Growth Confirmed
GBPUSD News and Talking Points – The UK economy barely expanded in the first quarter of 2018. – US dollar strength weighing on GBPUSD. The IG Client Sentiment Report shows that traders are just under 69% long GBPUSD – a bearish contrarian signal – although recent changes suggest GBPUSD may trend higher. Sterling Struggles as […]
Read more
May 252018
CHF Has Scope to Rise Amid Risk of Potential Short Squeeze
CHF Analysis and Talking Points CHF Finds Support on Dampened Risk Sentiment Extreme Bearish CHF Positioning Risks Possible Short Squeeze See our Q2 CHF forecast to learn what will drive the currency through the quarter. Safe-Haven Currencies Supported by Dampened Risk Sentiment Much like the Japanese Yen (JPY article here ), the Swiss Franc has […]
Read more
May 252018
Brent Crude: Prices Fall on Demand Moderation Talk
Oil Price News and Analysis – Demand for oil may be pared back next year. – OPEC and Russia discuss supply boost to offset producer disruptions. The new DailyFX Q2 Oil Forecast is now available to help traders navigate the market. Brent Crude Price Slips but Underpinned at Lower Levels The price of Brent crude […]
Read more
May 252018
US AM Digest: CAD Softer on Possible OPEC Oil Production Increase
Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA -0.2%, Nasdaq 100 -0.01%, S&P 500 -0.3% Major Headlines Russian and Saudi Energy Ministers say possible production increases may be announced in June Spanish Opposition put forward vote of no-confidence […]
Read more
May 252018
British Pound Trades Lower Despite In Line UK GDP Data
The British pound today declined against the US dollar despite the release of the second estimate UK GDP data for Q1 2018, which met expectations. The Sterling pound was on a downtrend against the greenback from the Asian session, but rallied slightly following the GDP report before heading lower. The GBP/USD currency pair today declined from a high of 1.3384 to a low of 1.3310 losing over 70 points as at the time of writing. The currency pair […]
Read more
May 252018
Asia Stocks Slip As US Dumps N Korea Talks, Fed Speech Eyed
ASIAN STOCKS TALKING POINTS: Asian stocks were mostly lower Friday Risk aversion slipped on news that the US had backed off from talks with North Korea However the hermit kingdom said it was still open to a meeting What makes the best traders stand out from the rest? Check out the DailyFX deep, deep dive […]
Read more