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Day: July 11, 2018
July 112018
Bitcoin, Ripple, Ether, Litecoin: Support Turning to Resistance | Webinar
Bitcoin, Ripple, Ether, Litecoin Price Analysis The cryptocurrency market needs some fundamental drivers to push prices higher. Ripple (XRP) remains a binary SEC play and movement either way likely to be volatile. Low volumes but Tether (USDT) pair trading noticeable. IG Client Sentimentshows how retail clients are currently positioned in a wide range of cryptocurrencies […]
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July 112018
British Pound Trades Lower as Rebel MPs Oppose Latest Brexit Plan
The British pound today traded lower against the US dollar even as Theresa May‘s government is buffeted by rebellions from members of her Conservative Party who have resigned from their positions. The pound’s decline was further accelerated by the risk-off sentiment among investors triggered by the imposition of more tariffs by the US government on Chinese exports. The GBP/USD currency pair today declined from a high of 1.3285 to a low of 1.3233 and was on a downtrend […]
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July 112018
British Pound Trades Lower as Rebel MPs Oppose Latest Brexit Plan
The British pound today traded lower against the US dollar even as Theresa May‘s government is buffeted by rebellions from members of her Conservative Party who have resigned from their positions. The pound’s decline was further accelerated by the risk-off sentiment among investors triggered by the imposition of more tariffs by the US government on Chinese exports. The GBP/USD currency pair today declined from a high of 1.3285 to a low of 1.3233 and was on a downtrend […]
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July 112018
Asian Stocks Wilt As Trade Worries Take Reins Again, Draghi Eyed
ASIAN STOCKS TALKING POINTS: Asian stocks fell across the board News that the US was mulling further sanctions on Chinese imports set the gloomy tone The US Dollar was mixed, falling aginast the Yen but rising against the Aussie The DailyFX Third-Quarter Fundamental and Technical Forecasts are out now, Trade worries returned to the foreground […]
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July 112018
US Dollar, Gold, JPY; Unfazed by US-China Trade War Escalation
US-China Trade War – Market News and Technical Analysis US-China trade war escalates further. Safe haven assets unchanged for now. President Trump expected to rattle EU over NATO spending commitments. The DailyFX Q3 Forecasts have just been released and cover all the major asset classes. USDJPY and Gold Not Reflecting Political Upheavals The US-China trade […]
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July 112018
Asia AM Digest: Trade War Lull Over, S&P 500 Tumbles, Yen Gains
We just released our 3Q forecasts for currencies like the anti-risk Japanese Yen in the DailyFX Trading Guides page Current Market Developments – Lull in Trade War Updates Ends as S&P 500 Futures Tumble It was another solid day in global stock markets as indexes generally rose in Europe and in the US on Tuesday […]
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July 112018
Japanese Yen Technical Analysis: Will Previous Peak Prove Too Much?
Japanese Yen Technical Analysis, Talking Points: USD/JPY uptrends look a little less secure than they have The upside has not faced a serious test in a while Still, they endure for the moment. Get live and interactive coverage of all major Japanese economic data at the DailyFX Webinars. We’d love to have you join us. […]
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July 112018
Australian Dollar Under Pressure Despite Upbeat Westpac Confidence
Australian Dollar Talking Points: Upbeat Westpac consumer confidence data unable to offer upside AUD momentum Trade war fears overshadowed it as the Nikkei 225, ASX 200 fell in Asia AM trade NATO Summit could send AUD/USD lower to May 2017 support around 0.7330 Trade all the major global economic data live and interactive at the […]
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