To get the Asia AM Digest every day, SIGN UP HERE Another day of an overall decline in sentiment thanks to increased trade war fears took its toll on the markets on Friday. The anti-risk Japanese Yen appreciated and the higher-yielding Australian and New Zealand Dollars depreciated. It began early in the day when US […]
Read moreTalking Points: Japan’s current account balance missed forecasts for February The trade component did too However, Yen markets refused to be overly concerned Is there a secret ingredient? Find out in the DailyFX deep, deep dive into The Traits of Successful Traders The Japanese Yen market was squarely focused elsewhere Monday and barely registered expectation […]
Read moreTalking Points: Asian stocks rose in unison Monday Investors clearly managed to put trade worries to one side, albeit perhaps not permanently The US Dollar got some respite too, despite Friday’s labour-data weakness Find out what the #1 mistake that traders make is and how you can fix it! Asian stocks managed to shrug off […]
Read moreUSDJPY talking points: – The trade battle between the US and China continues to dominate global markets. – However, there’s been no sign of panic in the markets and therefore no strong demand for haven assets like the Japanese Yen and gold. Check out the IG Client Sentiment data to help you trade profitably. And […]
Read moreBitcoin News and Talking Points – Bitcoin back above $7,000 on a lack of any negative news flow. – A break and close above the December down channel may support the coin in the short-term. IG Client Sentiment show that 72.2% of traders are net-long of Bitcoin and recent changes in client holdings have given […]
Read moreEuro News and Talking points Eurozone Sentix indicates investors fear the economy is indeed cooling off German trade surplus falls short of expectations after largest drop in exports since August 2015 Euro is little changed after the mix while the German DAX has held up a bullish gap to start the week The new DailyFX […]
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