Tag Archives: Alert

USD Unmoved Despite Outflows from Largest Foreign Treasury Holders

Talking Points: June total TIC flows increased substantially, showing considerable foreign demand for US exposure US treasuries saw notable outflows from the two largest foreign holders, China and Japan Japan’s US treasury holdings dropped to their lowest since 2011 Check out our Economic Calendar for upcoming economic data and central bank events. The US Dollar was largely unaffected after the

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USD Buying Prompted by Fed Quantitative Tightening Day

Check out the brand new DailyFX trading forecasts for Q3 MARKET DEVELOPMENTS – USD GAINS, EQUITIES DIP ON FED QT DAY Risk averse sentiment remains prominent with equity markets holding modest losses with US equity futures slipping 0.6-0.8% this morning. The drop also coincides with the Federal Reserve’s balance sheet unwind, which typically sees equities fall. USD: The US Dollar

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Bitcoin, Ether, Ripple – Prices Slump, Rebound Weak

Cryptocurrency Prices, News and Technical Analysis Bitcoin slips below $6,000 but ratchets back. Ethereum breaks through noted support and may struggle on the upside. Cryptocurrency Market Losses over $630 billion YTD Market sentiment continues to remain weak after the latest heavy sell-off. The overall market capitalization fell to a low around $193 billion, a loss of $630+ billion during 2018.

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Euro at Risk on Banking Fears Despite Rally in Turkish Lira

EUR price, news and analysis: Downward pressure on the Euro is growing despite a firmer Turkish Lira after its recent steep decline. Concerns about European bank losses due to their exposure to Turkey are intensifying. Our trading forecasts for Q3 have been published; you can find the EUR guide here. And check out the IG Client Sentiment data to help

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GBP Downtrend May Persist as Brexit Outweighs UK CPI

GBP price, news and analysis: UK headline inflation edged higher to 2.5% year/year in July from 2.4% in June. However, the chances of another UK interest rate increase soon are negligible and GBP will likely fall further on concerns about a “hard” Brexit. Our trading forecasts for Q3 have been published; you can find the GBP guide here. And check

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EURUSD to Extend Losses on Today’s Federal Reserve Balance Sheet Unwind

USD Analysis and Talking Points Federal Reserve Balance Sheet Unwind to Lead to Net Negative Liquidity Impact of $12.6bln USD Typically Bid on Redemption Days See our Q3 FX forecast to learn what will drive major currencies throughout the quarter. Federal Reserve Balance Sheet Unwind Last year the Federal Reserve announce that they would slowly begin to shrink the Federal

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Asian Stocks Mixed, Turkey Fears Still Weigh As US Retail Sales Loom

ASIAN STOCKS TALKING POINTS: Asian stocks were mixed with Turkey worries still weighing on some The US Dollar was supported by haven bids, while oil prices slipped The Hong Kong authorities intervened to counter greenback strength The DailyFX Third-Quarter Fundamental and Technical Forecasts are out now, Asian stocks were mixed in Wednesday’s afternoon trade. Investors kept half an eye on

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USD/CAD Down, February Support Eyed. Asia Stock Gains May Dent JPY

Asia Open – Canadian Dollar, Crude Oil Prices, Risk Trends, Stocks, US Dollar. Japanese Yen Canadian Dollar rose throughout the day, first following crude oil prices and then stocks Bill Morneau announced steel protection, USD/CAD approached February support line The rise on Wall Street may permeate into Asia/Pacific shares, hindering JPY prices next Trade all the major global economic data

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