All Articles Tagged - EU50

European Open Preview – Yen gains support on trade tensions

Posted on August 6, 2018 at 7:45 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index is nearly 0.2% higher on Monday, in the aftermath of the US jobs report on Friday, which was slightly softer than consensus expectations, but still relatively strong overall. Meanwhile, the Japanese yen, attracted some safe-haven flows on Friday, ending the day higher across the board after China unveiled a list of $60bn worth of US goods it plans to impose tariffs on. STOCKS: Wall Street closed higher on Friday, undeterred by the [..]

European Open Preview – Dollar stands at 2-week highs ahead of US jobs report

Posted on August 3, 2018 at 8:10 am GMT

Here are the latest developments in global markets: FOREX: The dollar was up on the margin versus a basket of currencies on Friday and at a two-week high after rising considerably on Thursday. The outcome of the US jobs report due later today, as well as any developments on global trade may constitute the next catalysts to steer the currency in either direction. STOCKS: The Dow Jones finished Thursday’s trading marginally lower, with the S&P 500 and Nasdaq Composite edging higher by 0.5% and 1.2%. [..]

European Open Preview – Dollar continues advancing, buoyed be upbeat Fed; Bank of England and trade tensions in focus

Posted on August 2, 2018 at 8:05 am GMT

Here are the latest developments in global markets: FOREX: The dollar’s index against a basket of currencies was on its third straight day of advancing on Thursday – up by a bit less than 0.2% – after it was supported the previous day by the Federal Reserve’s positive assessment of the US economy. STOCKS: The Dow Jones and the S&P 500 retreated by 0.3% and 0.1% respectively on Wednesday, as US-China trade tensions which were front and center weighed on [..]

European Open Preview – Fed set for “hawkish hold”? Trade back in the spotlight

Posted on August 1, 2018 at 7:51 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index is higher by 0.17% on Wednesday, ahead of the Fed policy decision at 1800 GMT, and building on the gains it posted in the previous session. The yen continued to retreat yesterday after the BoJ implicitly signaled it will keep its policy rates “low for longer”. The aussie and the kiwi both took a modest hit overnight, after media reports suggested the US may impose “heavier” tariffs on Chinese [..]

US Open Preview – Yen continues to retreat after BoJ; US core PCE index eyed

Posted on July 31, 2018 at 11:18 am GMT

Here are the latest developments in global markets: FOREX: The US dollar edged higher against the Japanese yen on Tuesday (+0.37%), reaching an 11-day high of 111.58, after the Bank of Japan (BOJ) tweaked its massive stimulus program to make it more flexible, but disappointed those looking for major hawkish changes. Euro/yen and pound/yen jumped by 0.57% and 0.58% respectively. The dollar index, which gauges the greenback’s strength versus six major currencies remained steady near its opening level of 94.32. Turning to the euro [..]

European Open Preview – Yen drops as BoJ delivers no fireworks; eurozone inflation and GDP growth eyed

Posted on July 31, 2018 at 7:40 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index is practically unchanged on Tuesday, after it posted considerable losses in the previous session. The yen, meanwhile, fell across the board after the BoJ delivered only minor tweaks to its policy framework, disappointing those looking for a major hawkish turn (see below). The loonie also had a rather volatile time, amid conflicting NAFTA headlines. STOCKS: Wall Street closed lower yesterday, as a notable selloff in tech stocks dragged the broader [..]

US Open Preview – European equities and greenback lose ground; German inflation coming up

Posted on July 30, 2018 at 11:25 am GMT

Here are the latest developments in global markets: FOREX: The dollar index, which gauges the greenback against a basket of six major currencies, was trading lower by around 0.2%, with euro/dollar being up by roughly the same proportion and trading around 20 pips below the 1.17 handle. The reaction to business and consumer confidence surveys out of the eurozone was minimal, with the focus being on German inflation figures which may act as the preamble to tomorrow’s respective numbers out [..]

European Open Preview – Yen holds firm as markets await BoJ; German inflation due

Posted on July 30, 2018 at 7:39 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index is practically flat on Monday after posting some modest losses in the previous session, failing to capitalize on a strong US GDP print for Q2. Meanwhile, the yen advanced on Friday, as markets positioned for the BoJ’s policy decision, scheduled for the Asian trading session on Tuesday. STOCKS: Wall Street posted considerable losses on Friday, as soft earnings releases took the wind out of the sails of major indices. The tech-heavy Nasdaq Composite fell [..]

US Open Preview – Dollar modestly higher ahead of much-awaited US GDP report; European stocks in the green

Posted on July 27, 2018 at 10:39 am GMT

Here are the latest developments in global markets: FOREX: The dollar’s index against a basket of six major currencies was trading higher – though by less than 0.2% – building on Thursday’s notable rise. Dollar/yen was little changed ahead of the US report on Q2 GDP and with market participants eagerly awaiting to see whether the Bank of Japan will indeed tweak its policy framework when it completes its meeting on monetary policy on Tuesday. Euro/dollar was 0.1% down, extending [..]

European Open Preview – Euro drops on ECB optionality; US Q2 GDP on the radar

Posted on July 27, 2018 at 7:37 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index – which tracks the greenback’s performance against a basket of six major currencies – was practically unchanged on Friday, after it posted considerable gains in the previous session. The surge came as the currency with the heaviest weight in that index by far – the euro – tumbled following the ECB policy meeting. STOCKS: US markets closed mixed yesterday, as an 18.96% plunge in Facebook’s share dragged down the tech-heavy [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

EU50

XM Live Chat