USD Talking Points – US 10-year Treasury yield back above 3%. – EURUSD could retest the May 9 low. Check out our new Trading Guides: they’re free and have been updated for the second quarter of 2018. Check out the IG Client Sentiment data to see how traders are positioned in EURUSD and a wide […]
Read moreCurrent Market Developments – CAD Up on NAFTA News, USD Rises on ZTE Ban Alternative As the FX markets transitioned into Tuesday’s session, the Canadian Dollar cautiously rose against its major counterparts. The currency was bolstered by a statement from Canada’s Prime Minister Justin Trudeau about NAFTA talks. According to the note, he and US […]
Read moreGBPUSD Analysis and News GBP bulls may find value at these cheap levels Tomorrows Employment report to dictate near-term direction See how retail traders are positioning in GBPUSD as well as other major FX pairs on an intraday basis using the DailyFX speculative positioning data on the sentiment page. Attractive Levels for Long Term GBP […]
Read moreDailyFX has a vast amount of updated resources to help traders make more informed decisions. These include a fully updated Economic Calendar, Educational and Trading Guides and the constantly updated IG Client Sentiment Indicator. Market traders will be watching closely the latest set of UK jobs and wages numbers on Tuesday for any further signs […]
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 +0.3%, Nasdaq 100 +0.2%, S&P 500 +0.2% Major Headlines Italy’s President is to hold formation talks with 5-Star/League at 1630/1800GMT ECB’s Villeroy says QE is near end and hikes will […]
Read moreASEAN Outlook Talking Points: Malaysian Ringgit drops on surprise election outcome, BSP’s dovish hike hurts PHP MYR faces some uncertainty following the vote, IDR braces for volatility on rate call USD/IDR is in an rising channel as upside momentum is slowing, but not on the weekly Trade all the major global economic data live and […]
Read moreTALKING POINTS: Asian stocks were mostly higher as a new week got under way The US Dollar’s slip continued, with lower Treasury yields weighing The week’s trade talks between Beijing and Washington will be closely watched What makes the best traders stand out? Take a look at the DailyFX deep, deep dive into the Traits […]
Read moreEURUSD News and Talking Points – The two parties are close to agreeing a government although the choice of Prime Minister is still undecided. – EURUSD looks to be capped despite a slightly weaker greenback. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make […]
Read moreCurrent Market Developments – Italian Majority Government Looms Over the weekend, Italy’s two anti-establishment leaders Luigi Di Maio and Matteo Salvini drew closer to forming a government. The former is the head of the anti-EU party known as the Five Star Movement. The latter is in charge of the centre-right coalition. Combining their forces would […]
Read moreFundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: The crude bull train does not appear to be slowing down. Crude oil has been on a historic run to recently tag the 100% Fibonacci expansion, but increasing demand and potential supply shocks favor further strengthening of the energy market. Energy stocks show biggest S&P […]
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