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Day: June 13, 2018
June 132018
USD Boosted by Fed’s Powell Ahead of the FOMC Meeting
USD News and Talking Points – US Dollar boosted by extra Fed communication chatter. – Short-Dated US Treasury yields near recent highs. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. US Dollar to be Underpinned by Rate Hike, Hawkish […]
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June 132018
GBPUSD May Fall Further After In-Line UK Inflation Data
GBP news, analysis and talking points: – UK headline inflation was unchanged at 2.4% in May, in line with expectations. – That’s unlikely to alter a Bank of England decision to leave UK interest rates unchanged next week. – Meanwhile, GBPUSD is looking technically weak after breaking below trendline support. Check out the IG Client […]
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June 132018
Asia AM Digest: AUD Faces RBA Lowe Speech as Markets Await Fed
Current Market Developments – Brexit Bill Passes, GBP Struggles Finding Direction A day that was filled with event risk saw markets swinging as traders braced for the impending FOMC and ECB rate decisions later on. Wall Street was cautiously higher and the S&P 500 managed to keep gains, rising about 0.17%. The intraday volatility though […]
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June 132018
Australian Dollar Dips On RBA Lowe Comments, Fed Firmly In Focus
AUSTRALIAN DOLLAR TALKING POINTS: RBA Governor Lowe said that next rate move probably a rise, but it won’t come soon Markets already knew this, but fact that he gave no hint of disagreement whatever sent AUD/USD down Lowe was upbeat on investment and business activity Join our analysts for live coverage of all major Australian […]
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June 132018
Most Asian Stocks Retreat, Mull Kim,Trump Summit, Looming Fed
ASIAN STOCKS TALKING POINTS: Most Asian indexes were lower The markets wondered what had actually been achieved by this week’s historic US/North Korea summit The Dollar made modest gains as that Fed meeting approached Is there a secret ingredient? What makes some traders stand head and shoulders above the crowd? Check out the DailyFX deep, […]
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