FOREX Daily Outlook by Easy-Forex.com Hurricane ‘Sandy’ keeps US markets shut Monday U.S. Dollar Trading (USD) Fresh European bickering and concerns that Hurricane Sandy will devastate the east coast of the US kept risk off most of Monday. Demand for the Safe Haven Dollar was strong and gained across the board in light trading volume. […]
FOREX Daily Outlook by Easy-Forex.com Key Bank of Japan Meeting Begins U.S. Dollar Trading (USD) the dollar had a mixed day on Friday with stocks finishing flat we looked to other stories to move the FX markets. US Q3 GDP was slightly stronger than forecast at 2.0% vs. 1.9% previously. The large drop in USD/JPY […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro weak in early trading Morning Report: 08.15 London • This morning, financial markets have opened up with a negative bias as storms buffet the East coast of America. The New York Stock exchange will be […]
FOREX Daily Outlook by Easy-Forex.com USD/JPY Break above Y80 as Dollar Surges U.S. Dollar Trading (USD) recent economic data has started to push up yields on US treasuries and this is directly affecting the USD/JPY which has broken back above Y80 for the first time in 3 months. September Durable Goods Orders surged 9.9% vs. […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets lower after Apple profits warning Morning Report: 08.15 London • Financial markets are in ‘risk off’ mode this morning, after the world’s largest company, Apple released a profits warning ahead of Christmas. Stock market […]
UK Q3 GDP rose 1% versus expectations of 0.6%. Ishaq Siddiqi Market Strategist at ETX Capital shares his view. Visit http://www.etxcapital.co.uk/ Find us on social media to be kept up to date with the latest ETX Capital news: Facebook: https://www.facebook.com/#!/ETXCapitalGroup Twitter: https://twitter.com/#!/etxcapital LinkedIn: http://www.linkedin.com/company/445425?trk=tyah ETX Capital’s RSS site: http://my.etxcapital.co.uk/
FOREX Daily Outlook by Easy-Forex.com Greece to receive 2 year extension? U.S. Dollar Trading (USD) traders got mixed action yesterday with a rally in Europe reversed later in the US session. Most FX pairs were little changed with the risk sensitive currencies doing the best. The FOMC was a non event with rates kept at […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets set for UK GDP boost Morning Report: 08.15 London • This morning, financial markets are on the rise, with the main risk on pairs leading markets higher. The AUD/JPY is up 0.62%, the EUR/JPY up […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads on higher than expected inflation Morning Report: 08.15 London • This morning, the Australian dollar is the main mover after the country’s CPI came in above estimates at 1.4%. Chinese Flash Manufacturing PMI came […]
FOREX Daily Outlook by Easy-Forex.com USD/JPY Grinding Higher U.S. Dollar Trading (USD) the Dollar pared back some of Friday’s gains as US stocks stabilized and bounced into the close. USD/JPY is getting a lot of attention with the very quiet major beginning to stir with daily gains towards the key top side resistance at Y80. […]
FOREX Daily Outlook by Easy-Forex.com Biggest Drop in US Stocks for 4 months U.S. Dollar Trading (USD) the positive mood seen was undone as US stocks slumped dramatically. In the biggest one day fall since June we saw the Dow Jones down over 200 points and the Nasdaq down over 2%. The main catalysts for […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen struggles on Japanese trade balance data Morning Report: 08.30 London • The yen is the main mover this morning after the Japanese trade balance deficit unexpectedly widened. The EUR/JPY is up 0.69%, with the GBP/JPY […]
Read the Daily Market Report from Dave Evans, Professional Trader Chinese economic slowdown stabilises Morning Report: 08.30 London • The main news item overnight relates to the ongoing slowdown in t he Chinese economy. Quarterly GDP came in at 7.4%. The rate is the seventh consecutive […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets reach for highs Morning Report: 08.30 London • This morning Asian stock markets hit their highest levels for five months after b etter then expected economic data and US company earnings. The US dollar index […]
FOREX Daily Outlook by Easy-Forex.com ‘Risk On’ as US stocks Rally U.S. Dollar Trading (USD) the Dollar had a mixed day gaining in Asia before reversing sharply during the US session as stocks rallied. Better than expected US data and earning is helping keep risk appetite strong and this is pressuring the safe haven USD. […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen weakens on intervention talk Morning Report: 08.30 London • This morning, the Japanese yen is weakening on speculation that the Bank of Japan may step in to reduce rates further. The USD/JPY is up 0.22%, […]
FOREX Daily Outlook by Easy-Forex.com Spain Bailout Delay? U.S. Dollar Trading (USD) markets have turned negative in recent sessions with risk off trading on Friday spilling over into Monday’s trade. Spain was once again the center of attention with concerns that the ESM would not have enough money and then later that Spain will not […]
Read the Daily Market Report from Dave Evans, Professional Trader Dollar leads early trading as traders back off Morning Report: 08.30 London • Concerns about the slowdown in China continue to weigh on markets after Chinese PPI came in below estimates this morning. While new economies […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets look to end week off lows Morning Report: 08.30 London • This morning financial markets are mixed, with traders still wary of committing to big positions. • The NZD/USD is leading markets higher, rising 0.24% […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro drops as Spain downgraded to junk Morning Report: 08.30 London • Late last night, rating’s agency S&P downgraded the credit rating of Spain to one notch above junk. The move saw the euro drop sharply […]
FOREX Daily Outlook by Easy-Forex.com Negative start to the Week, Focus on Spain U.S. Dollar Trading (USD) a slow US session with traders on Holiday but we did some movement during the European session where GBP/USD and EUR/USD both fell sharply. The lack of progress seen in the meetings from Europe has added uncertainty/risk to […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wary of earnings season Morning Report: 08.30 London • This morning, financial markets are little moved as traders tread carefully ahead of major company earnings from the US. • The main winner this morning is […]
FOREX Daily Outlook by Easy-Forex.com Negative start to the Week, Focus on Spain U.S. Dollar Trading (USD) a slow US session with traders on Holiday but we did some movement during the European session where GBP/USD and EUR/USD both fell sharply. The lack of progress seen in the meetings from Europe has added uncertainty/risk to […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets stable ahead of earnings season Morning Report: 08.30 London • This morning, financial markets are upbeat as US company earnings season starts to kick in. US stock market futures are pointing to a positive day, […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets start week on back foot Morning Report: 08.30 London • This worries about the global economy returned , with gold falling off from the highs. The precious metal is down 0.60%, with the dollar index recovering from […]
FOREX Daily Outlook by Easy-Forex.com Surprise drop in US Unemployment Rate U.S. Dollar Trading (USD) investors enjoyed gains right after the release of the September Unemployment Rate which dropped to 7.8% vs. 8.1% previously. Most of these gains were reversed later in the day as research notes tempered the strong number. Analysts believe the number […]
Read the Daily Market Report from Dave Evans, Professional Trader Big expectations for US Payrolls Morning Report: 08.15 London • This morning, markets are quiet ahead of the monthly lottery that is US Non Farm Payrolls. Analysts are expecting an increase in activity from last month […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets rise ahead of central bank meetings Morning Report: 08.30 London • Financial markets are on the rise this morning ahead of central bank meetings for the UK and Europe. Stock market futures are rallying for […]
FOREX Daily Outlook by Easy-Forex.com Spanish PM “EU AID not Imminent” U.S. Dollar Trading (USD) the market was upbeat overnight but we finished off highs with some disappointing comments from the head of Spain that a bailout was not imminent for his struggling country. The bulls are expecting Spain to formally request help and see […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie dollar plunges on trade balance data Morning Report: 08.15 London • There’s a negative bias in the morning’s trading after Australian trade balance came in well below estimates. The AUD/USD is down 0.56%, with the […]
