AUD Analysis and News AUD finds support over reduced fears of a US-China trade war. AUDNZD remains on course to a make a test for 1.10. For a more in-depth analysis on the Australian Dollar, check out the Q2 Forecast for AUD Impact of Trade Wars click here Reduced Trade War Risk Lifts AUD The […]
Read moreReceive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA +0.9%, Nasdaq 100 +0.8%, S&P 500 +0.5% Major Headlines US-China Trade War is on hold amid progress in talks Italy’s 5 Star and League Party are seeking President Mattarella’s backing […]
Read moreASEAN Outlook Talking Points: The Bank of Indonesia rate hike was unable to boost IDR amidst rising US Dollar PHP, MYR and SGD at risk of greenback strength. Can risk trends support them? USD/SGD is struggling to push above resistance amidst a reversal warning sign Just getting started trading the Indonesian Rupiah? See our beginners’ […]
Read moreASIAN STOCKS, TALKING POINTS: Asian stocks posted modest gains, in the main US/China trade talks took a much less belligerent tone The Euro remains troubled by Italian political developments Get trading hints and join our analysts for live coverage of all major market-moving economic data at the DailyFX Webinars Asian stocks were broadly higher Monday […]
Read moreCurrent Market Developments – Anti-Risk JPY Lower, Sentiment-Linked AUD Up The beginning of this week’s session was met with an improvement in sentiment, causing some gaps across the FX majors spectrum. On Saturday, news from the White House crossed the wires saying that China will “significantly increase purchases” of US goods and services. The following […]
Read moreJapanese Yen Talking Points: Japanese Yen appears more interested in risk trends than local trade data Exports rose (but less than expected) despite first month of US metal tariffs USD/JPY remains in rising channel and may test August 2015 trend line Build confidence in your own USD/JPY strategy with the help of our free guide! […]
Read moreEURO, ITALIAN GOVERNMENT TALKNG POINTS: The Euro remains under heavy selling pressure Italy’s President will probably confirm a euro-skeptic coalition on Monday Political risk is back front and centre for the single currency Find out what retail foreign exchange traders make of the euro’s prospects right now at the DailyFX Sentiment Page The Euro has […]
Read moreFundamental Forecast for CNH: Bullish The Yuan will likely benefit from capital inflows boosted by A shares’ inclusion in MSCI indices. Positive signals were seen around US-China trade talks; yet, major breakthroughs are still needed. China and Germany may seek more mutual interests amid the global trade concerns. How to trade news? Learn with DailyFX […]
Read moreFundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: Crude moved higher on a multitude of factors for the sixth straight week. The consecutive weekly gains is the longest stretch since 2011 as the market is seen as balanced thanks in part to OPEC production cuts alongside fears that Iranian sanctions could tighten the […]
Read moreTalking Points: FOMC minutes on Wednesday; S&P holding strong German/Euro-zone economic calendar light; DAX back to a record? U.K. CPI and GDP in week ahead; FTSE from free-fall to new high For the intermediate-term technical and fundamental outlook, check out the DailyFX Q2 Forecasts. S&P 500 Next week, the biggest event on the economic calendar […]
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