Markets alert – Page 62

April 12
2018

EURUSD Looks To Bundesbank’s Weidmann For Hawkish Boost

EURUSD News and Talking Points – Bundesbank President Jens Weidmann speech about the euro-zone currency union may well spark a bid for the single currency. – EURUSD may be the best pair for euro bulls if US President Trump keeps to his word on Syria. The DailyFX Q2 Trading Forecasts for all major currencies, commodities […]

April 12
2018

Bullish Outlook for Oil Prices Amid Escalating Geopolitical Tensions

Oil Bulls in Driving Seat Crude oil futures have surged over 8% this week, rising from $67.50 to a high of $73 (highest level in over 3 years) amid a slew of supportive developments. Today’s OPEC monthly report stated that the cartels crude production fell by 201k bpd in March to average 31.96mln bpd, while […]

April 12
2018

US AM Digest: Euro Falls on Dovish ECB Minutes; EURGBP Eyes 2018 Low

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Equities set to open on the front foot with equity futures showing gains of around 0.5%. Slight reprieve in equities with geopolitical headlines on the lighter side this morning, also some slide backtracking from President […]

April 12
2018

Bitcoin Chart Analysis – BTC Price Soars on Technical Breakout

Bitcoin News and Talking Points – Bitcoin surges through the December downtrend. – Higher prices ahead or another false dawn? IG Client Sentimentshow that 74.0% of traders are net-long of Bitcoin but recent changes in client holdings leaves the outlook for BTC mixed. Download our free guide to see what this means and how traders […]

April 12
2018

Can Volatility Push NZD/USD Above Key Resistance as US CPI Looms?

Talking Points: New Zealand Dollar implied volatility is the most elevated of its major counterparts The currency faces US CPI, FOMC minutes and a speech from RBNZ’s McDermott NZD/USD could be heading higher and it faces a critical resistance line from 2017 Build confidence in your own NZD/USD strategy with the help of our free […]

April 12
2018

GBPUSD Fails to Benefit From Firm UK Economic Data

GBPUSD talking points: – UK retail sales rose strongly in March, according to a trade body, and Bank of England policymaker Ian McCafferty said the central bank should not delay raising interest rates. – Yet GBPUSD just edged higher, suggesting its rally is losing momentum. Check out the IG Client Sentiment data to help you […]

April 12
2018

US AM Digest: Euro rises as ECB hawk provides clarity over future ECB rate hike

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here President Xi Address at the Boao Forum Overnight, all eyes had been on Chinese President Xi Jinping address at the Boao Forum. The President took a somewhat conciliatory approach having stated that China will implement major […]

April 12
2018

Asia AM Digest: Aussie Dollar Awaits China Data As Mood Improves

To get the Asia AM Digest every day, SIGN UP HERE Sentiment-linked currencies like the Australian and New Zealand Dollars rallied on Tuesday alongside stocks which were up in Asia, Europe and the US. The improved mood arguably began when China’s President Xi Jinping spoke at the Boao Forum for Asia early into the session. […]

April 12
2018

AUD/USD Rides Westpac Consumer Miss, Downtrend Threatened

Talking Points: Australian consumer confidence fell this month, according to Westpac However its index on the subject remains above the key 100 level, where optimism still rules The Australian Dollar market was clearly focused elsewhere Join our analysts for live, interactive coverage of all the major data which move the Australian Dollar at the DailyFX […]

April 12
2018

Australian Dollar Ignores China CPI Miss Amidst Trade Tensions

Talking Points: The Australian Dollar ignored worse-than-expected CPI and PPI releases from China Markets may be more focused on developments surrounding recent brewing trade tensions PBOC’s Governor Yi is expected to give a speech at an IMF conference tomorrow See how retail traders are positioning in the AUD/USD intraday using the DailyFX speculative positioning data […]