Markets alert

June 19
2018

EURUSD Forecast – The Path of Least Resistance Remains Lower

EURUSD News and Talking Points – US Treasury yields slip lower but EURUSD remains weak and looks likely to move lower. – A break below 1.15099 opens the way to further falls. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading […]

Read more
June 19
2018

GBPUSD at Risk from Brexit Vote and Bank of England

GBPUSD news and analysis: – UK Prime Minister Theresa May faces another potentially damaging Brexit vote in Parliament Wednesday. – The Bank of England will likely keep UK interest rates unchanged this week while an increase in August is far from nailed on. – Together, those factors mean a recovery in GBPUSD is improbable. Check […]

Read more
June 19
2018

US-China Trade War and RBA Guidance Sees AUD Plunge to 13-Month Low

Australian Dollar Analysis and News US-China Trade War Sees AUD Under Pressure RBA Omits Guidance on Interest Rate Rise For a more in-depth analysis on AUD, check out our Q2 Forecast See how retail traders are positioning in AUD as well as other major FX pairs on an intraday basis using the DailyFX speculative positioning […]

Read more
June 19
2018

Market Sentiment Suffers as US-China Trade War Concerns Escalate

Market sentiment news and analysis: – Trader confidence has been hit by the escalating trade war between the US and China. – That has lifted haven assets like the Japanese Yen at the expense of “risk on” assets such as stocks and the Australian Dollar. – In this webinar, I look at this and other […]

Read more
June 19
2018

Ethereum Analysis: Has ETH Found Short-Term Support at $500?

Ethereum Analysis and Talking Points – Recent rally may have further upside momentum but charts remain negative. – Retail trade data show traders remain heavily long ETH. IG Client Sentimentshows how clients are currently positioned in a wide range of cryptocurrencies and how positioning has changed over the last week – and positioning continues to […]

Read more
June 19
2018

US AM Digest: Global Markets Tumble on Escalating Trade Tensions

US Market Snapshot via IG: DJIA -1.2%, Nasdaq 100 -1%, S&P 500 -1% Major Headlines Trump administration to look at $200bln worth of tariffs on Chinese goods RBA Minutes lean on dovish side after omitting interest rate guidance ECB’s Draghi delivers cautious statement JPY: Global markets tumbled with Chinese markets slumping near 4% and US […]

Read more
June 19
2018

Most Asian Markets Fall On New US Tariff Threat, Trade Dominates

ASIAN STOCKS TALKING POINTS: Most Asian Stocks Dropped Worries of trade-spat escalation between China and the US did the damage The Japanese Yen got its customary haven bid Join our analysts for live coverage of all major Asia-Pacific economic data at the DailyFX Webinars Trade worries clobbered most Asian stocks once again through Tuesday’s session. […]

Read more
June 19
2018

US President Trump Escalates US-China Trade War; Gold Unmoved

US-China Trade War News and Talking Points – US President Trump turning up the heat on China by announcing new trade tariffs. – Financial markets turn risk-off. – JPY rallies, AUD sinks while Gold remains unchanged. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you […]

Read more
June 19
2018

Asia AM Digest: AUD to Look Past RBA Minutes as FX Eye Risk Trends

Current Developments – Trade War Fears Send Wall Street Gapping Lower Increasing trade war concerns took their toll on US equities as the week began with gaps lower in the S&P 500 and Dow Jones Industrial Average. While stocks there managed a slight pullback throughout the session, they ended lower 0.21% and 0.41% respectively. Not […]

Read more
June 19
2018

AUD Vulnerable as US Mulls More Chinese Tariffs, RBA Minutes Pass

US Additional Tariff Threats, RBA Minutes Market Alert: Australian Dollar, already battered, looked past the status quo RBA minutes The central bank reiterated the status quo as a rate hike still seems distant Renewed trade war fears leaves AUD/USD vulnerable to more losses ahead Just getting started trading the Australian Dollar? See our beginners’ guide […]

Read more