Markets alert – Page 54

April 27
2018

Japanese Yen Steady As BoJ Holds Once More, Kuroda Up Next

Talking Points: The Bank of Japan left its monetary policy alone It also removed any precise mention of when inflation might hit its 2% target from the policy statement The Japanese Yen remains pressured against the US Dollar Find out what DailyFX analysts think the Japanese Yen’s fate will be at our Forecast Page The […]

April 26
2018

US Crude Oil Price Well-Placed for Further Gains

Crude oil talking points: – The prospect of new sanctions on Iran and concerns about Venezuela are lifting crude oil prices. – Now, a further climb towards the $70/barrel level for the US contract seems plausible. Check out the IG Client Sentiment data to help you trade profitably. And take a look at our Q2 […]

April 26
2018

Euro Dips as ECB Holds Rates, Makes No Changes to Policy Statement

Talking Points: – The ECB kept rates on hold as its QE taper continues through September 2018, while making no – absolutely zero – changes from its policy statement last month. – In the copy-and-paste policy statement, the ECB reiterated that rates will remain low past the termination of its QE program. – EUR/USD trades […]

April 26
2018

US AM Digest: Euro Rebounds as Draghi Downplays Recent Soft Data

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 +1.4%, S&P 500 0.5% EUR: ECB kept its main rates on hold as expected, while the comments alongside the decision had been left unchanged. As such, a […]

April 26
2018

EURUSD Break Lower Nears; Will US GDP Be The Trigger?

EURUSD and Talking Points – The latest ECB monetary policy announcement gave no hints on policy change. – US Q1 advanced GDP may reveal an upside surprise. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. EURUSD Continues to Trade […]

April 26
2018

Euro May Gain by Week-End as Options-Derived Resistance Tames it

Talking Points: Euro might see some volatile price action as we head into the week-end The ECB rate decision and US Q1 GDP could offer the Euro some gains Can options-derived EUR/USD resistance tame it if it does indeed rise? We will be covering the ECB monetary policy announcement and the Euro reaction live. You […]

April 26
2018

Asian Stocks Mixed, Chinese Names Pressured. ECB Meet Looms

Talking Points: Asian stocks ended Thursday mixed Chinese and Australian names wilted while the Nikkei and Kospi headed higher The US Dollar remains very firm Find out what the #1 mistake that traders make is and how you can fix it! Asian stocks put in a decidedly mixed showing on Thursday. On one hand the […]

April 26
2018

Trade the News: EUR Downside in Focus as ECB Meets

EUR TALKING POINTS: – Traders in EURUSD are currently focusing on the USD side of the equation, with rising US bond yields pointing to more US rate increases and therefore a stronger Dollar. – Meanwhile, the European Central Bank’s Governing Council will likely leave both monetary policy and its communication unchanged today, signaling that policy […]

April 26
2018

Ether (ETH) Struggles After Sell-Off, Cryptomarket Slumps

Ether (ETH) News and Talking Points – After trading in the early $700s at the start of the week, ETH may soon be trading with a five-handle. – Wednesday’s sell-off shaves $40 billion of crypto-market capitalization. IG Client Sentimentshows that 93.5% of traders are long of Ether. Download our free guide to see what this […]

April 26
2018

Asia AM Digest: CAD Rises, Japanese Yen Looks to US Earnings News

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – BoC’s Poloz Speech As the FX market transitioned to Thursday’s session, Bank of Canada’s Governor Stephen Poloz was speaking at the Senate. He reiterated that higher rates will be warranted over time. Mr. Poloz also said that some risks to […]