Day: June 21, 2018

June 21
2018

Swiss Franc Muted Despite SNB Signalling Negative Rates for Longer

CHF Analysis and Talking Points Swiss Franc Unchanged as the SNB Stands Pat on Monetary Policy Long Term Inflation Forecasts Downgraded Swiss National Bank Assessment Unchanged from Prior The Swiss Franc was little changed following the quarterly SNB monetary policy decision. Unsurprisingly, the central bank kept its 3-month target Libor rate unchanged at -0.75% as […]

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June 21
2018

Safe Haven Currencies Continue to Weaken as ’Risk On’ Mood Persists

Safe haven prices, news and analysis: – The two major “safe haven” currencies, the Swiss Franc and the Japanese Yen, are continuing to ease. – That’s despite ongoing worries about trade wars, oil prices and upcoming Turkish elections. Check out the IG Client Sentiment data to help you trade profitably. Positive mood hurts JPY and […]

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June 21
2018

Oil Price Analysis: Downtrend Intact Ahead of OPEC

Oil Price/OPEC News and Talking Points – A backdrop of weaker global growth, US-China trade wars and a strong US dollar greet OPEC officials. – A negative chart set-up could see Brent dip below $70/bbl. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are availableto download to help you make more […]

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June 21
2018

New Zealand Dollar Eyes US-China Trade War After In-Line GDP Data

TALKING POINTS – NEW ZEALAND DOLLAR, GDP, RBNZ, TRADE WAR, CHINA New Zealand Dollar little-changed after in-line Q1 GDP data US-China trade war news flow likely to be in focus from here Critical NZD/USD support remains in the 0.6781-0.6862 area Join a DailyFX webinar to track the impact of key economic data on currency trends! […]

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June 21
2018

Asian Stocks Mixed as NZD/USD Aims for a Breakout, BOE Next

Asian Stocks Talking Points: Asian shares mixed given no new updates on escalation in trade disputes from US, China New Zealand Dollar was lower and NZD/USD is aiming for a breakout to the downside The British Pound awaits this month’s Bank of England rate decision where it may fall Find out what retail traders’ New […]

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