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 moreGBPUSD 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 moreAustralian 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 moreMarket 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 moreEthereum 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 moreUS 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 moreASIAN 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 moreUS-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 moreCurrent 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 moreUS 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 […]
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