The IG Client Sentiment Report offers unique insight into how retail traders are positioned in various asset classes including GBP, USD, EUR and why it matters. In this webinar we looked at a variety of calendar points and speeches that should be the main focus of UK traders this week with the UK data slate […]
Read moreReceive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here JPY: The Japanese Yen trading in a somewhat tight 40pip range with USD/JPY remaining magnetized at the 107.00 level. Slight outflows from the traditionally safe-haven Yen amid the modestly improved risk sentiment. This largely stemming from […]
Read moreUSDRUB talking points: – The Russian Ruble fell sharply against the US Dollar after the decision by the US to impose new sanctions. – Moscow stocks dropped too. Check out the IG Client Sentiment data to help you trade profitably. And take a look at our Q2 forecasts for the major currency pairs, gold, oil […]
Read moreTo get the Asia AM Digest every day, SIGN UP HERE The Canadian Dollar was one of the best performing majors on Monday, supported by BOC’s spring business outlook survey which rose to 16 in Q1 from 8 in Q4 2017. According to the Bank of Canada, business sentiment continues to be positive and most […]
Read moreTalking Points: Australian business confidence slipped back in March Firms’ assessment of current conditions did too, albeit from notable highs The Australian Dollar faltered on the news, but soon picked up again What makes some traders stand out from the rest? Check out the DailyFX deep dive into the Traits of Successful Traders. The Australian […]
Read moreTalking Points: Australian Dollar rose, sentiment improved on a speech by China’s President Xi Jinping Mr. Jinping helped to reduce trade war fears as he emphasized on pushing for free trade AUD/USD is trying to push higher, a bullish reversal pattern foreshadows a lasting move Just getting started trading the Australian Dollar? See our beginners’ […]
Read moreFundamental Forecast for USOIL: Bullish Talking Points: Inventory drawdowns in the US keep hopes alive while the Oil price remains above $58/60 IEA forecasts global supply deficit in H2 2018 despite US shale due to Venezuelans production drops Downside risk remains in lack of bearish positioning, but fundamentals support upside for now Per BHI, U.S. […]
Read moreTalking Points: FOMC on Wednesday, S&P 500 still working on holding its ground DAX trying to string together a rally, but it’s not coming easy BoE on Thursday, European Council meets; FTSE remains technically weak Check out our call for elevated volatility this year and what it could mean for the broader outlook of the […]
Read moreTalking Points: NZD/USD overnight implied volatility is at an extreme nine-month high of about 19 percent The Fed and RBNZ monetary policy announcements will occur within 2 hours of each other On a daily chart, NZD/USD has been falling as expected after a bearish reversal pattern Join our webinar for live coverage of the FOMC […]
Read moreFundamental Forecast for US Oil: Bullish US Crude Oil Price Outlook Bullish After Break Above Resistance. Crude Oil Bulls Turn Spotlight to Demand Ahead of Trade War Clarification. Trading USD Pairs? Our IG Client Sentiment follows traders’ positioning on key Dollar-pairs like EUR/USD, GBP/USD and USD/JPY. If you’re looking for longer-term analysis on Crude Oil, […]
Read more