NEW ZEALAND DOLLAR, TRADE DATA TALKING POINTS: NZD/USD rose a little on strong New Zealand trade data Exports recorded their second highest value reading ever NZ is heading into probable trade squalls in good shape Find out what the #1 mistake that traders make is and how you can fix it! The New Zealand Dollar […]
Read moreAUSTRALIAN DOLLAR, CHINESE INDUSTRIAL PROFITS, TALKING POINTS: Chinese industrial profits expanded 21.1% on the year in May That was only a whisker below April’s showing The Australian Dollar slipped nonetheless Find out what retail foreign exchange traders make of the Australian Dollar’s chances right now at the DailyFX Sentiment Page The Australian Dollar slipped a […]
Read moreGBPUSD Analysis and News Sterling Falls as Incoming BoE Haskel leans to Dovish Spectrum Focus on Carney and Recent Hawkish Dissenter Haldane See how retail traders are positioning in GBPUSD as well as other major FX pairs on an intraday basis using the DailyFX speculative positioning data on the sentiment page. GBP Falls as Incoming […]
Read moreMarket news and analysis: – The markets are currently in a ‘risk off’ mood but movements so far have been modest. – With trade wars still denting confidence, the appetite for riskier assets will likely remain subdued. Check out the IG Client Sentiment data to help you trade profitably. Trader sentiment weakens Traders in the […]
Read moreUS Market Snapshot via IG: DJIA 0.1%, Nasdaq 100 0.5%, S&P 500 0.2% Major Headlines Shanghai Composite falls into bear market territory Incoming BoE member tilts to the dovish side JPY: Yet again the uncertainty surrounding trade wars continues to see the JPY outperform across the board on safe haven flow amid the fallout seen […]
Read moreUSD Analysis and Talking Points US Consumer Confidence Dips in June Given Rising Trade Tensions USD sees Muted Reaction following Release US Consumer Confidence Remains at Historically High Levels The US Consumer Confidence Index missed expectations having fallen to 126.4 in June from 128.8. However, the Conference Board highlighted that current conditions were largely unchanged, […]
Read moreAsian Stocks Talking Points: Asian shares gap lower, consolidate after US mulled limiting investment into tech firms Lack of updates on the trade war front saw restrained reaction in FX, JPY slightly up USD/JPY failed to test a key resistance line from 2017 and appears to be heading lower Find out what retail traders’ Japanese […]
Read moreDAX 30 News and Talking Points – Trade Wars and German Immigration – US President Trump is not backing down on trade tariffs and risk markets are getting roiled. – German Chancellor Angela Merkel has little time left to finalize her migrant plans. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, […]
Read moreGDP, Trade Wars and OPEC – News and Talking Points – OPEC decision will eventually weigh on the price of oil. – Global growth may miss expectations if trade wars continue to rattle investor sentiment. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are availableto download to help you make more […]
Read moreTrade war news and analysis: – The US China trade war continues to prompt demand for safe havens, with flows into the Japanese Yen, the Swiss Franc and the Euro. – However, one traditional safe haven, Gold, is singularly failing to benefit. Check out the IG Client Sentiment data to help you trade profitably. Trade […]
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