Markets alert – Page 55

April 25
2018

US AM Digest: DXY Upside Momentum Set to Continue

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA +0.01%, NASDAQ 100 +0.04%, S&P 500 -0.2% USD: Yesterday saw the 10yr US bond yield break the key 3% level, marking the highest level since January 2014. As such, the […]

April 25
2018

Ripple (XRP) Price Slump a Timely ’Crowded-Trade’ Warning

Ripple News and Talking Points – Ripple’s rally rudely interrupted – further losses may follow. – Retail sentiment shows traders are overwhelmingly long XRP. IG Client Sentimentshows 96.0% of traders are net-long Ripple with the ratio of traders long to short at 23.83 to 1. In fact, traders have remained net-long since Dec 25 when […]

April 25
2018

Gold Price Likely to Fall Further as US Dollar Reigns

Gold Price, News and Analysis – Gold buffeted by higher US Treasury yields. – Gold nears support but lower prices likely Check out our new Trading Guides – Updated news and Analysis on Gold, Indices and Major Currency Pairs. IG Client Sentiment data show 75.3% of traders are net-long EURUSD, 23% higher from last week. […]

April 25
2018

Asia AM Digest: Yen Could Gain if Asian Shares Follow US Lower

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Yen Gains as Wall Street Tumbles The anti-risk Japanese Yen put in an aggressive recovery towards the end of Tuesday’s session after USD/JPY rose to its highest since early February. A decline in sentiment sent the S&P 500 more than […]

April 25
2018

Asian Stocks Wilt With Wall St, Treasury Yields To Drive Currencies

Talking Points: Asian stocks slipped across the board The US Dollar’s bid broadly held Economic news was scant but a European Central Bank policy meeting looms New to trading? Please check out the free DailyFX Guide Following Wall Street’s calamitous Tuesday was never going to be easy for Asia Pacific markets and, sure enough, Wednesday […]

April 24
2018

US Dollar Boosted by Bond Yields, EURUSD Likely to Fall Further

USD Talking Points – US dollar index touches a three-month high. – 2-year German-UST yield spread widens to over 300 basis points. Check out our new Trading Guides: they’re free and have been updated for the first quarter of 2018. IG Client Sentiment data show 51.3% of traders are net-long EURUSD and the number of […]

April 24
2018

GBPUSD Brushes Off Dip in Business Optimism as Investors Eye UK GDP

GBP News and Talking Points UK Business Optimism falls as manufacturing output slows, however remained above average. GBPUSD unfazed by CBI report with focus on the UK GDP release on Friday See our Q2 GBP forecast to learn what will drive the currency through the quarter. Mixed Report sees muted Sterling Response The CBI Business […]

April 24
2018

US AM Digest: US Treasury Yield Resistance Keep DXY Buying at Bay

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA +0.5%, NASDAQ 100 +0.5%, S&P 500 +0.5% USD: Tepid price action for the US Dollar for much of the morning after its recent stellar gains, the key 3% level in […]

April 24
2018

Bitcoin (BTC) Price Hits Resistance, Bitcoin Cash (BCH) Soars

Bitcoin and Bitcoin Cash News and Talking Points – Bitcoin has rallied around 45% this month. – Fibonacci resistance may prove troublesome but the move higher is expected to continue. IG Client Sentimentshow that 75.5% of traders are net-long of Bitcoin with retail less net-short over the last week. Download our free guide to see […]

April 24
2018

Consumer Confidence Rose in April, Despite Market Expectations

Talking Points: – The Confidence Board Sentiment Index rose from the previous month at 128.7 despite bearish market expectations – The present and business conditions indices rose as well, though responses were fairly mixed – US Dollar Index impact was limited as – See the DailyFX Economic Calendar for upcoming economic data and for a […]