Day: July 12, 2018

July 12
2018

EUR/USD Recovers on Mixed US Data

The euro had fallen against the US dollar during the first half of the European trading session before the US macroeconomic data was released. Following the release of the inflation and employment indicators, the EUR/USD currency pair has recovered its losses. US CPI was reported to have risen 0.1% in June on a seasonally adjusted basis, failing to meet the expectations and repeat the May’s growth of 0.2%. At the same time, the core measure of the consumer price index […]

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July 12
2018

Euro Drops on Mixed ECB Minutes, Later Rallies on US Inflation Data

Earlier today, the euro dropped to new weekly lows following the release of the minutes of the European Central Bank‘s latest Governing Council meeting. The single currency headed lower despite the release of positive German inflation data, but rallied higher in the American session following the release of US CPI data. The EUR/USD currency pair today dropped from a high of 1.1693 to a low of 1.1649, but later retraced most of its losses. The currency pair […]

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July 12
2018

Euro Drops on Mixed ECB Minutes, Later Rallies on US Inflation Data

Earlier today, the euro dropped to new weekly lows following the release of the minutes of the European Central Bank‘s latest Governing Council meeting. The single currency headed lower despite the release of positive German inflation data, but rallied higher in the American session following the release of US CPI data. The EUR/USD currency pair today dropped from a high of 1.1693 to a low of 1.1649, but later retraced most of its losses. The currency pair […]

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July 12
2018

EUR/USD Recovers on Mixed US Data

The euro had fallen against the US dollar during the first half of the European trading session before the US macroeconomic data was released. Following the release of the inflation and employment indicators, the EUR/USD currency pair has recovered its losses. US CPI was reported to have risen 0.1% in June on a seasonally adjusted basis, failing to meet the expectations and repeat the May’s growth of 0.2%. At the same time, the core measure of the consumer price index […]

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July 12
2018

GBPUSD Price Analysis – Brexit White Paper Will Direct Sterling

GBPUSD Price, News and Analysis White Paper will outline the UK’s future relationship with the EU UK PM May likely to come under further pressure from Tory rebel MPs. Sterling may come under further pressure unless BOE expectations harden. IG Client Sentimentshows retail have been long of GBPUSD since April 20 when the pair traded […]

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July 12
2018

US Crude Oil Price Rallies After Slump

Crude oil price, news and analysis: The US crude oil price is more stable Thursday after news of a huge draw in US oil inventories. That suggests Wednesday’s tumble on news that Libya is reopening four oil export terminals was overdone. Our trading forecasts for Q3 have just been published; you can find the oil […]

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July 12
2018

FTSE 100 Analysis: Eyes on Defensive Stocks as Trump Slams NATO

FTSE 100 Analysis and News FTSE 100 recovers as Q2 earnings optimism offsets trade war concerns Eyes on defensive stocks as Trump demands NATO allies up defense spending FTSE 100 Bounces Back Much like the rest of European bourses, the FTSE 100 is bouncing back from yesterday’s losses, as concerns over a fresh round of […]

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July 12
2018

Litecoin (LTC) Price Update – Sellers Remain in Control

Litecoin (LTC) Price, Analysis and Chart Litecoin’s recent mini-rally has faded quickly. June low in sight and may dictate short-term price action. Tether release of $250 million of USDT unable to shore up cryptocurrency market. IG Client Sentimentshows retail have remained net-long of LTC since late-December when the token was trading around $253, nearly $180 […]

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July 12
2018

US AM Digest: JPY Tumbles as Stocks Recover, GBP up on White Paper

Check out the brand new DailyFX trading forecasts for Q3 MARKET DEVELOPMENTS – JPY TUMBLES AS GLOBAL STOCKS RECOVER No news over trade wars is seemingly good news for equity markets, which have recovered from the declines seen yesterday (DJIA, 0.7%, NASDAQ 100 0.4%, S&P 500 0.5%). Investors have now turned their focus on the […]

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July 12
2018

Asian Stocks Rise on Trade War Pause, AUD/USD Eyes US CPI Next

Asian Stocks Talking Points: Asian stocks rise on US/China trade war pause, negotiations next? The anti-risk Japanese Yen declines, sentiment-linked AUD gains USD may rise on local CPI, sending AUD/USD to 2017 support Find out what retail traders’ Australian Dollar and equities buy and sell decisions say about the coming price trends! Asian benchmark indexes […]

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