Markets alert

May 25
2018

Japanese Yen Retains Risk-Off Support Despite Tokyo CPI Misses

JAPANESE YEN, TOKYO CPI TALKING POINTS: Tokyo’s Consumer Price Index missed forecasts The Yen didn’t take much notice Broad risk appetite is supporting it as investors fret the cancelled summit between Donald Trump and Kim Jong Un New to Foreign Exchange Trading? Try the free DailyFX guide The Japanese Yen didn’t move far Friday despite […]

Read more
May 24
2018

Bitcoin (BTC) Slump Continues on US Justice Department Probe Talk

Bitcoin Price and Talking Points – A report that the US Justice Department has opened an investigation into cryptocurrency price manipulation is weighing heavily on Bitcoin. – Fresh 2018 lows are on the cards if the current trading range breaks. A report by Bloomberg that the US Justice Department is investigating illegal practices in the […]

Read more
May 24
2018

Brent Crude Oil Price Falters at $80, Downside Back In Focus

Crude oil price analysis and talking points: – An unexpected rise in US crude oil inventories and a possible increase in OPEC+ output both point to lower crude oil prices. – From a technical viewpoint too, the price of Brent crude looks ready to slip back after reaching its highest levels since November 2014. Check […]

Read more
May 24
2018

Turkish Lira Under Pressure Again After Brief Rate Hike Boost

TRY talking points: – The Turkish Lira was boosted Wednesday by a sharp increase in Turkey’s benchmark interest rate. – However, the advance is already reversing and USDTRY is heading higher again. Check out the IG Client Sentiment data to help you trade profitably. Renewed strength for USDTRY The Turkish Lira is weakening again in […]

Read more
May 24
2018

GBPUSD Rises After Some Retail Therapy

GBP Analysis and Talking Points GBPUSD rises following better than expected retail sales Recent Inflation figures sees BoE hike forecast pushed back See our Q2 GBP forecast to learn what will drive the currency through the quarter. GBP Supported as Retail Sales Rebound GBPUSD pushed above 1.34 after news that UK retail sales saw a […]

Read more
May 24
2018

Trade Wars: USD Weakens, Havens Rise as Autos Drive Into the Spotlight

USD analysis and talking points: – The USD is weaker all round amid US plans to launch a probe into car and van imports, stoking fears about a worsening trade dispute between the US and China. – Safe havens like the Japanese Yen and the Swiss Franc have been the main beneficiaries. Check out the […]

Read more
May 24
2018

US AM Digest: TRY Plunge Continues, GBP Supported on Retail Sales Rebound

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA -0.3%, Nasdaq 100 -0.2%, S&P 500 -0.2% Major Headlines UK Retail Sales rebound in April CAD, MXN weighed by US Auto Import probe GBP: Renewed life in the Pound today […]

Read more
May 24
2018

Yen May Continue Gaining after Trump Auto Probe Unnerved Markets

Talking Points – Japanese Yen, Nikkei 225, Donald Trump, North Korea Asian stocks off to a rocky start Thursday, Nikkei 225 falls and Japanese Yen gains Donald Trump ordered probe on auto imports, North Korean summit more unlikely USD/JPY appears to be turning lower following a warning sign and uptrend break Build confidence in your […]

Read more
May 24
2018

Asian Stocks Fall on Trump Auto Tariff Probe, Nikkei Reversing?

Asian Stocks Talking Points: Asian stocks declined as trade war fears unnerved investors via a US auto tariff probe The anti-risk Japanese Yen appreciated on haven demand and the Canadian Dollar fell Nikkei 225 fell below a rising trend line amidst a reversal warning sign, more to come? Not sure how these developments impacted the […]

Read more
May 24
2018

Ether (ETH) Price Bounces Off Target But Weakness Remains

Ether (ETH) News and Commentary – Ether rebounds off the February 6 swing-low but lower prices seem likely. – Ether-Bitcoin spread recovers Wednesday’s weakness. If you are new to trading cryptocurrencies, or are just looking to refresh your trading knowledge, please see the DailyFX ‘Guide to Day Trading Bitcoin and other Cryptocurrencies’. Ether (ETH) Re-Bound […]

Read more