Over the weekend, the EU published a list of tariffs on US products in response to the US tariffs on Steel and Aluminium. The total value of EU tariffs is up to €6.4 billion and this list is for “stakeholder consultation” purposes only. The EU will make the decision on whether to impose the tariffs […]
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Technical Analysis – GBPJPY builds base around 23.6% Fibonacci mark and the short-term ascending trend line
GBPJPY has reversed back down again after finding resistance at the one-month high of 150.30 achieved this week. The price plunged below the 38.2% Fibonacci retracement level of the downleg from the February 2 high of 156.60 to the March 2 low of 145.00. Meanwhile, the price is re-challenging the 23.6% Fibonacci mark around 147.70, which holds near the short-term ascending trend line. […]
European Open Preview – Stocks plunge, yen rallies as trade war saga gets new chapter
Here are the latest developments in global markets: Forex: The Yen was building on yesterday’s gains versus other major currencies on Friday, as rising fears of a global trade war acted as a catalyst for the currency to attract safe-haven flows. Versus the dollar, the Japanese currency recorded a 16-month high of 104.62. STOCKS: Equity […]
Technical Analysis: 23/03/2018 – USDJPY bears take hold; drive pair below 105
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…
Good morning, traders, you’re watching the Dukascopy Daily Trading Signals for this week’s final trading day. Euro/Dollar has an equal number of 6 neutrals in all three time ranges, which are backed up by the only 3% long interbank sentiment. There are 4 sell signals in the hourly chart for the Cable. Mid term models […]
Technical Analysis – USDCAD facing strong selling interest; pullback on 9-month high of 1.3123
USDCAD plummeted aggressively on Wednesday after the pullback to the 61.8% Fibonacci retracement level near 1.3130 of the downleg from 1.3800 to 1.2060. The price came under heavy selling pressure after hitting a 9-month high. However, during yesterday’s trading session it pared some losses and posted a green day. Currently, the price is developing slightly below the 50.0% Fibonacci […]
Morning Report: 07.00 London This morning, global markets are on the back foot as money flows into safe havens. Asian markets have been spooked by Trump’s tariff plans amid further political uncertainty as Trump names the new National Security Advisor. The Yen is in demand, with the USD/JPY hitting its lowest level since 2016. Away […]
Trade tensions escalate, the Yen rallies, The VIX surges into risk off territory.
:https://pepperstone.com/en/Forex-news/market-review -Trump slaps China with fresh trade tariffs. -The Yen moves to multimonth highs, equities sell-off. -The Vix says Risk Off. -Central bank speakers and CAD CPI data on tap. -What a full-blown trade war would mean for sentiment. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. […]
Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through binary TV. From stocks and Commodities to global currencies, Indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from binary.com Daily financial news by- Binary.com-March 23th 2018
Japanese inflation not yet at target and the yen is not helping – Forex News Preview
Inflation in Japan has still some way to run to reach the Bank of Japan’s price target and Friday’s consumer prices are likely to prove that once again. The core CPI, the BoJ’s preferred inflation measure, stood at 0.1% when the central bank decided to impose a negative-rate policy at the beginning of 2016 to incentivize banks and businesses […]
Gold Prices Hit 2-Week Highs as Fed Sees No Inflation, Interbank Rates Spike Amid ‘Trump Trade War’ Fears
GOLD PRICES rose against all major currencies bar the Japanese Yen on Thursday, gaining after the Federal Reserve raised its key Dollar interest rate as expected but world stock markets fell amid what analysts called anxiety over US President Trump’s anti-free trade policies. Dollar priced gold rose above $1330 per ounce and Euro gold […]
The #Dollar depreciated despite the Federal Reserve raising US interest rates for the sixth time since the financial crises. #Sterling tumbled after the Bank of England left UK interest rates unchanged in March at 0.5%. In the commodity arena, #GOLD has benefited from a weaker Dollar and could receive further support from lingering trade war […]
Stock Market News – Nike eyed ahead of quarterly earnings report; trade developments also in focus
Sportswear giant Nike is scheduled to release its earnings report for the quarter ending February 2018 after Wall Street’s closing bell on Thursday. The consensus recommendation for the company is “buy”, in line with the average consensus recommendation for Footwear, its peer group. Nike’s quarterly EPS are projected to stand at $0.53, with analysts’ average […]
Technical Analysis – EURTRY moves near all-time high; further upside movement is expected
EURTRY reached an all-time high near the 4.8700 handle on Tuesday as the price extended its bullish run after it jumped above the 4.7350 key level. The bullish picture in the medium-term has been holding since February 2017 and is further supported by the technical indicators. Short-term momentum indicators are also pointing to the bullish bias. The RSI indicator […]
Special Report – Metal prices come under fire from Trump tariffs; Aussie also feels the pressure
After an impressive two-year rally, industrial metal prices have been having a stormier time in 2018, being first swept over by the market turbulence caused by the sell-off in global equities and bonds, then by the announcement by US President Donald Trump that he is imposing tariffs on US imports of steel and aluminium. Commodity-linked […]
Canada’s CPIs and retail sales may help the loonie regain some poise – Forex News Preview
Canada will see the release of its inflation and retail sales data on Friday at 1230 GMT, with forecasts pointing to an acceleration in price pressures and a sharp rebound in consumer spending. While such prints would be pleasant news for the Bank of Canada (BoC) and could benefit the Loonie, the currency’s broader direction […]
US Open Preview – Dollar holds weak ahead of Trump’s Chinese tariffs; BoE decides on interest rates
Here are the latest developments in global markets: Forex: The US dollar index was falling by 0.03% against a basket of major currencies during early European afternoon and dollar/Yen remained under pressure, losing 0.39%. The fall in the dollar came in after the Fed raised interest rates, as was widely anticipated, but stayed on course for three rate hikes this year, disappointing those […]
Offering free Forex education for online investors in the MENA countries has been just as important for XM as serving them as individual clients on a daily basis. After a short break, this March we returned to Egypt once again, with a new seminar topic. The free seminar took place on the premises of Semiramis […]
Financial markets have been numb waiting on whether and to what extent Trump’s tariffs will impact the global economy. According to Bloomberg, yesterday Trump said he seeks to impose a $50 billion tariff against China – under the premise of intellectual property infractions. It is widely known that Chinese manufacturers have produced off-brand items and […]
Technical Analysis – NZDUSD advances following the rebound on 0.7152; bullish correction on the way
NZDUSD skyrocketed over the last couple of hours and jumped above the 0.7260 critical level which overlaps with the 38.2% Fibonacci retracement level of the downleg from 0.7435 to 0.7152, posting a one-week high. The rebound on the 0.7152 support barrier helped the price to create a strong bullish day surpassing the 20 and 40 […]
Technical Analysis – NZDUSD advances following the rebound on 0.7152; bullish correction on the way
NZDUSD skyrocketed over the last couple of hours and jumped above the 0.7260 critical level which overlaps with the 38.2% Fibonacci retracement level of the downleg from 0.7435 to 0.7152, posting a one-week high. The rebound on the 0.7152 support barrier helped the price to create a strong bullish day surpassing the 20 and 40 […]
Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through binary TV. From stocks and Commodities to global currencies, Indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from binary.com Daily financial news by- Binary.com-March 22th 2018
Technical Analysis: 22/03/2018 – EURUSD maintains range-bound trading
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…
European Open Preview – Dollar extends declines as FOMC sticks to 3 hikes; BoE and US tariffs decision in focus
Here are the latest developments in global markets: Forex: The dollar extended its declines from yesterday on Thursday, touching its lowest in nearly two weeks versus a basket of currencies. FOMC policymakers’ decision to continue signaling three hikes in total for 2018 was seen as the catalyst behind the US currency’s decline. STOCKS: US markets […]
Technical Analysis – USDJPY stands around 2-week low; bearish in short- and medium-term
USDJPY fell as low as 105.57 during today’s Asian session and reached a two-week low. Over the last three weeks, the pair is posting neutral sessions as it failed several times to jump above the 107.30 key resistance level but managed to hold above the 16-month low of 105.23. Price action is at the moment taking place not […]