Friday, 17 May 2019

Bitcoin (BTC) Price Slumps on Heavy Selling Interest

The crypto-market took one on the chin Thursday evening, slumping anywhere between 10% and 20% in a matter of minutes as heavy Bitcoin sell orders roiled the market.


from DailyFX - Feeds all http://bit.ly/2JM9LAr
via IFTTT

Thursday, 16 May 2019

Euro Shaken Ahead of EU Elections - Lessons From Sweden’s Gridlock

The Euro will get progressively jumpier ahead of next week’s European parliamentary elections. Was Sweden’s 2018 gridlock foreshadowing of what is to come?


from DailyFX - Feeds all http://bit.ly/2JTFsIj
via IFTTT

EUR/USD Technical Analysis: Euro Takes Aim at April Low

The Euro looks to be taking aim at April lows near the 1.11 figure against the US Dollar after breaking below a chart support level.


from DailyFX - Feeds all http://bit.ly/2Jv3Gcv
via IFTTT

Sony Boosts Nikkei As US-China Trade War Drags On Chinese Stocks

Friday was a mixed session for Asia Pacific mainboards with trade worries still hanging round the neck of Shanghai and Hong Kong. Risk appetite elsewhere revived a bit, however.


from DailyFX - Feeds all http://bit.ly/2JKlyiB
via IFTTT

Gold Prices Fall as Cisco, Walmart Earnings Cool Trade War Fears

Gold prices slumped as upbeat earnings reports form Cisco and Walmart tempered worries about the economic impact of the US-China trade war.


from DailyFX - Feeds all http://bit.ly/2LMQ7H9
via IFTTT

Both S&P 500 and USDCNH Advance Through Uneven Trade War Views

Efforts to revive some enthusiasm around trade conditions to stoke a recovery in risk appetite is proving an uneven effort. With the US-China situation still intensifying and no confirmation on auto and metals tariffs, how enthusiastic should we be?


from DailyFX - Feeds all http://bit.ly/2QdAsPO
via IFTTT

USDPHP Uptrend Gains, BSP Cuts RRR. IDR Upheld by Bank of Indonesia

USD/PHP uptrend extended as the BSP cut bank reserve requirement ratios. Meanwhile, USD/IDR may fall as the Bank of Indonesia guards the Rupiah. Both currencies at risk to trade wars.


from DailyFX - Feeds all http://bit.ly/2LPnOrG
via IFTTT

Australian Elections Preview - How Will Markets React?

As polls show that Labor has a small victory over the Coalition, the composition of the Senate is going to be key for the governing party to pass its policies. Labor’s policies may spook traders if they believe Bill Shorten will implement his campaign promises.


from DailyFX - Feeds all http://bit.ly/2w26c0X
via IFTTT

US Dollar Rises, EURUSD Targets 2017 Lows as Fed Rate Cut Bets Cool

The US Dollar extended gains alongside the S&P 500 with rising bond yields, EUR/USD cleared support and the Euro may retest June 2017 lows again on market positioning signals.


from DailyFX - Feeds all http://bit.ly/2YwHH8b
via IFTTT

Volatility Jumps Across FX, Stocks, Bonds, Gold as Risks Rise

What might the trend and relationship of volatility for various assets suggest about the global markets?


from DailyFX - Feeds all http://bit.ly/2Yzx70q
via IFTTT

Traders Should Limit Equity Exposure Ahead of Auto Tariff Deadline

Without a statement from the President himself regarding the Section 232 auto tariff investigation, holding equity exposure over the coming weekend has heightened risk.


from DailyFX - Feeds all http://bit.ly/2Vu7X0Y
via IFTTT

S&P 500 Rallies on Earnings Despite Warnings of Trade War Impact

The S&P 500 is timidly in the green for the week after a series of strong earnings bolstered the Index - despite concerns regarding the US-China trade war.


from DailyFX - Feeds all http://bit.ly/2Hm8Xk5
via IFTTT

Gold Price Recedes from 1-Month High as Yields Rebound

XAUUSD collapsed below the psychologically-important $1,300 price level as rebounding yields and recovering risk appetite sent gold tumbling.


from DailyFX - Feeds all http://bit.ly/2Q7HmpN
via IFTTT

EURGBP Extends Winning Streak as Brexit Uncertainty Weighs

EURGBP extended its daily winning streak to 9-days after a series of breakdowns in Brexit dealings have eroded market confidence that cross-party talks can progress.


from DailyFX - Feeds all http://bit.ly/2JEHE6e
via IFTTT

USDCNH Nears Decade High, Huawei Ban Worsens US-China Relations

As if Huawei’s strained relationship with Europe was not bad enough, it has now got worse for the Chinese telecommunications giant as US President Trump has placed the company on the country’s “Entity List” of banned companies.


from DailyFX - Feeds all http://bit.ly/2W6ifce
via IFTTT

GBP/JPY Price Outlook: Further Bearish Momentum Hints at 139.00

Negative break to the downside: Since early Jan GBP/JPY has been trading to the upside from the higher-high created on Jan 25 at 144.84


from DailyFX - Feeds all http://bit.ly/2WeQTAV
via IFTTT

GBPUSD Breaks Support, AUDUSD Drops, RBA Rate Cut Coming - US Market Open

GBPUSD is once again on the backfoot with the pairing posting a fresh 3-month low. Rising Aussie unemployment rate confirms RBA rate cut is coming.


from DailyFX - Feeds all http://bit.ly/2w0VszR
via IFTTT

EURUSD Price: Negative Bias as Italy-German Yield Spread Widens

EURUSD trades just above 1.1200 with little in the market today to drive a move either way. The closely watched 10-year BTP/Bund yield spread remains near a five-month wide, weighing on the pair.


from DailyFX - Feeds all http://bit.ly/2Vt1lQO
via IFTTT

S&P 500 and Dow Jones Charts: Gunning for Gap-fills

The market turnaround yesterday has the Monday gap in sight as a likely level to achieve in the very near-term.


from DailyFX - Feeds all http://bit.ly/2EoxAuP
via IFTTT

Gold Price & Silver Outlook with Chart Levels and Lines to Watch

Precious metals have a somewhat mixed picture to them; gold has a pattern forming after an important trend-line break while silver remains capped by strong t-line resistance.


from DailyFX - Feeds all http://bit.ly/2w0BaGL
via IFTTT

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...