Markets alert – Page 24

June 14
2018

US-China Trade War Spoils the US Dollar Bulls Party

USD/Trade War News and Talking Points – US President Trump says he may ’upset’ China on trade clampdown. – German-US rate differential in excess of 320 basis points. – ECB Press Conference may offer up EUR directional clues. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to […]

June 13
2018

US Dollar Gains as FOMC Hikes Rates, Outlines Plans for Two More in 2018

Talking Points: – FOMC raises benchmark interest rate to range of 1.75-2.00%, as was expected by markets. – Fed funds price in an 81% chance of a 25-bps rate hike in September, and odds for December increased from 51% to 57% as Fed Chair Powell’s press conference got under way. – US Dollar produces bullush […]

June 13
2018

US Dollar Rips and Dips as the Fed Hikes, Pledges Two More in 2018

Talking Points: – The Federal Reserve hiked rates at today’s rate decision for the second time in 2018, and the seventh such hike since this rising rate cycle began in December, 2015. The Fed also forecasted an additional two rate hikes in 2018, and while this drove an initial move of USD-strength, prices quickly pulled […]

June 13
2018

USDCAD Bulls Look to Revisit 2018 Highs on Hawkish Fed

CAD Analysis and Talking Points Hawkish Fed Could See USDCAD at 2018 Highs Widening US-Canadian Bond Spreads Calls for Softer CAD See our Q2 CAD forecast to learn what will drive the currency through the quarter. Is 4 the Magic Number? Today will see the release of the FOMC meeting where it is near enough […]

June 13
2018

Bitcoin, Ethereum, Ripple Charts in a Bear Grip | Webinar

Cryptocurrency News and Talking Points – $70 billion wiped off the market capitalization. – Lack of any significant rebound points to lower prices. 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 looks highly stretched. Bitcoin (BTC), Ethereum […]

June 13
2018

US AM Digest: GBP Remains Pressured as Inflation Sticks at 1yr Low, USD Muted Ahead of FOMC

US Market Snapshot via IG: DJIA 0.05%, Nasdaq 100 0.1%, S&P 500 0.05% Major Headlines UK Inflation remains at 1yr low of 2.4% President Trump states oil prices are too high Markets await FOMC decision GBP: Inflation in the UK remained at 2.4% in May, below expectations of 2.5%. As such, this has led to […]

June 13
2018

USD Boosted by Fed’s Powell Ahead of the FOMC Meeting

USD News and Talking Points – US Dollar boosted by extra Fed communication chatter. – Short-Dated US Treasury yields near recent highs. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. US Dollar to be Underpinned by Rate Hike, Hawkish […]

June 13
2018

GBPUSD May Fall Further After In-Line UK Inflation Data

GBP news, analysis and talking points: – UK headline inflation was unchanged at 2.4% in May, in line with expectations. – That’s unlikely to alter a Bank of England decision to leave UK interest rates unchanged next week. – Meanwhile, GBPUSD is looking technically weak after breaking below trendline support. Check out the IG Client […]

June 13
2018

Asia AM Digest: AUD Faces RBA Lowe Speech as Markets Await Fed

Current Market Developments – Brexit Bill Passes, GBP Struggles Finding Direction A day that was filled with event risk saw markets swinging as traders braced for the impending FOMC and ECB rate decisions later on. Wall Street was cautiously higher and the S&P 500 managed to keep gains, rising about 0.17%. The intraday volatility though […]

June 13
2018

Australian Dollar Dips On RBA Lowe Comments, Fed Firmly In Focus

AUSTRALIAN DOLLAR TALKING POINTS: RBA Governor Lowe said that next rate move probably a rise, but it won’t come soon Markets already knew this, but fact that he gave no hint of disagreement whatever sent AUD/USD down Lowe was upbeat on investment and business activity Join our analysts for live coverage of all major Australian […]