Markets alert – Page 5

July 10
2018

Australian Dollar Inches Lower After Business Confidence, China CPI

Australian Dollar Talking Points: Australian business confidence was unchanged in June However firms; assessment of current conditions improved Retail continues to lag Find out what retail foreign exchange traders make of the Australian Dollar’s chances right now at the DailyFX Sentiment Page. The Australian Dollar didn’t move far on Tuesday following data from both its […]

July 9
2018

PM May Leadership in Crisis as Boris Johnson Quits; GBP Plunges

GBPUSD Analysis and News Initial GBP Gains Pared as Both Brexit and Foreign Minister Quit Resignation Increases Risk of a “No Deal” See our latest Q3 FX forecast to learn what will drive the currency through the quarter. See how retail traders are positioning in GBPUSD as well as other major FX pairs on an […]

July 9
2018

Euro Finds Support on Investor Morale Bounce and Widening German Trade Surplus

EUR Analysis and Talking Points InvestorMorale Bounces, However, Trade Tensions Could Depress Sentiment Again GermanTrade Surplus Widens on Rising Exports See our Q3 EUR forecast to learn what will drive the currency through the quarter. Investor Morale Bounces, However, Trade Tensions Could Depress Sentiment Again Eurozone Sentix Investor Confidence rose to 12.1 in July, ending […]

July 9
2018

GBP Rises as Soft Brexit Plans Suggests Risks are Tilted to the Upside

GBPUSD Analysis and News Sterling Rises on Soft Brexit Hopes, Coupled with USD Weakness Brexit Minister David Davies Resignations Puts a Lid on Initial Gains See our latest Q3 FX forecast to learn what will drive the currency through the quarter. See how retail traders are positioning in GBPUSD as well as other major FX […]

July 9
2018

US AM Digest: GBP Gains Survive For Now, USD Drop Continues

US Market Snapshot via IG: DJIA 0.45%, Nasdaq 100 0.5%, S&P 500 0.4% Major Headlines Brexit Minister Resigns over PM May’s Soft Brexit Plan German Trade Surplus Supported by Rising Exports USD: Broad based selling in the greenback continues amid the improvement in risk sentiment. Additionally, market participants continue to digest the latest lacklustre NFP […]

July 9
2018

MYR Looks to BNM as USD/SGD Could Be Heading Lower – ASEAN Weekly

ASEAN Outlook Talking Points: USD weakness finally putting pause in MYR, IDR, PHP and SGD losses Malaysian Ringgit awaits this month’s BNM monetary policy decision USD/SGD fell below a near-term rising support line, more losses ahead? We recently released our 3Q forecasts for currencies like the US Dollar in the DailyFX Trading Guides page Last […]

July 9
2018

GBP Weekend Gap at Risk on Brexit Update, Eyes Carney Speech Next

Talking Points: GBP gapped up versus its major peers, responding to Theresa May’s “soft Brexit” However, its upside momentum soon reversed after UK Brexit Secretary Davis resigned Key economic data and a new Brexit Secretary may further influence the British Pound Find out what retail traders’ British Pound buy and sell decisions say about the […]

July 9
2018

Asian Stocks Rise Broadly On US Jobs Gains, Brexit Haunts Sterling

ASIAN STOCKS TALKING POINTS Asia indexes were all higher Monday Strong US job creation did the trick However, the US Dollar wilted on news of weaker wage growth, while a key political resignation hit the UK Pound The DailyFX Third-Quarter forecasts are out now! Asian stocks were broadly higher as a new week kicked off […]

July 9
2018

Asia AM Digest: GBP Down as David Davis Resigns, Yen Eyes Kuroda

Weekend Developments – UK PM Theresa May Announces Soft Brexit Plan, David Davis Resigns The British Pound gapped higher against its major counterparts, having a chance to react to weekend developments on Brexit. As the markets came to a close last week, it emerged that UK Prime minister Theresa May managed to deliver her vision […]

July 9
2018

Japanese Yen Ticks Down After Trade Balance Data, Kuroda Awaited

Japanese Yen, Trade Balance Talking Points: Japan’s current account balance came in well ahead of expectations for May However the trade gap yawned more widely than economists had predicted The Japanese Yen held steady, with the markets looking ahead to the Bank of Japan Governor’s speech Find out what retail foreign exchange traders make of […]