Markets alert – Page 58

April 19
2018

Asian Markets Brush off HKMA Peg Defend, Stocks Turn to Fed Speak

Talking Points: Asian stocks rose on Thursday despite aggressive actions from HKMA to defend their peg Chinese shares pulled ahead the most, Japanese ones liked Trump’s & Abe’s conference Nikkei 225 has been in an uptrend since March, can it pass above near-term resistance? Not sure how these developments impacted the markets? Join a free […]

April 19
2018

Ethereum (ETH) Chart Nears Potential Upside Breakout

Ethereum (ETH) News and Talking Points – Ethereum rally may have further to go. – Cryptocurrency market continues to build strength. IG Client Sentimentshows retail are 93.3% net-long of Ethereum (ETH) but recent changes cloud the outlook. Download the data for free. We discuss a range of cryptocurrency charts and price set-ups at our Weekly […]

April 19
2018

EURUSD Weakness Likely to Continue

EURUSD News and Talking Points – US Short-term interest rates will support the greenback – EURUSD under pressure as inflation in the Euro-Zone remains elusive. The new DailyFX Q2 Trading Forecasts are now availableto help you make more informed trading decisions. Outlook for the Euro Outlook for the US dollar EURUSD Expected to Slip Lower […]

April 19
2018

Asia AM Digest: CAD & GBP Tumble, NZD/USD Support Faces Local CPI

To get the Asia AM Digest every day, SIGN UP HERE The Canadian Dollar and British Pound were the two worst performing majors on Wednesday. The former was hurt by this month’s Bank of Canada rate decision where near-term hawkish monetary policy bets declined. It then fell some more when BOC’s Governor Stephen Poloz spoke […]

April 19
2018

NZD/USD May Be At Risk of Falling After Small Gains on Local CPI

Talking Points: New Zealand Dollar slightly higher after a mostly in-line local CPI report Data was in-line with RBNZ estimates, focus turns to risk trends and Fed NZD/USD fell as expected as upside momentum declined, more to come? Just getting started trading the New Zealand Dollar? See our beginners’ guide for FX traders to learn […]

April 19
2018

Australian Dollar Could Still Rise Despite Drop on Jobs Report

Talking Points: Australian Dollar depreciates on a disappointing local employment report Either way, the RBA is still patient on rates. Focus turns to risk trends next AUD/USD could be at risk of climbing due to a bullish formation on the daily Find out what retail traders’ Australian Dollar buy and sell decisions say about the […]

April 18
2018

BoC Holds Rates Expressing Trade Uncertainty as a Concern

Talking Points: – The Bank of Canada (BoC) left the overnight lending rate unchanged at 1.25%, as was widely expected – The Central Bank expressed concerns over trade and subdued export growth – See the DailyFX Economic Calendar for upcoming economic data and for a schedule of live coverage see the DailyFX Webinar Calendar. See […]

April 18
2018

GBPUSD Drops After Inflation Falls to Lowest Level in a Year

GBP News and Talking Points GBPUSD declines after UK inflation surprises to the downside Bank of England market pricing for a hike next month falls to 65% from 80% See our Q2 GBP forecast to learn what will drive the currency through the quarter. Surprise Fall in Inflation Reduces BoE Rate Hike Expectations UK inflation […]

April 18
2018

US AM Digest: Oil Surges as Saudi Arabia target $100; GBP Underperforms After Inflation Falls

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here GBP: The Pound is today’s worst performing G10 currency following the release of the today’s UK inflation report whereby inflation fell 0.2ppts to a 1 year low at 2.5%. Consequently, reducing the requirement for the Bank […]

April 18
2018

Asian Stocks Get Wall St Boost, UK CPI Looms Large For Pound

Talking Points: Asian stock markets rose across the board Tuesday There wasn’t much domestic news but US earnings season kept the party going UK inflation data will grab attention as European trade ramps up Once you know the #1 mistake that traders make, you’ll know exactly how to avoid it. Asian stocks rose Wednesday buoyed […]