Heads-up News 

Frankfurt Trading Session Heads Up Thursday, June 13, 2019

Frankfurt opening news digest

Euro Braces for Finance Minister Meeting, Brexit Risk Rattles GBP

Euro traders will be nervously eyeing the meeting between Eurozone Finance Ministers over how to proceed with Italy while GBP groans in the facing of more Brexit uncertainty.

 

EURUSD Forecast: Post-ECB Correction Eyes March-High

Recent price action in EURUSD raises the risk for a run at the March-high (1.1448) as the exchange rate breaks out of the bearish trend from earlier this year.

 

Nikkei 225 Sinks With Nintendo Shares as ASX 200 Prices Hint Top

The Nikkei 225 dropped alongside Nintendo shares. The ASX 200 may be topping on bearish technical signals. Declines in equities may be ahead after Asia Pacific stocks mostly sunk.

 

Gold Prices Miss Out as Shaky Markets Find Haven in the US Dollar

Gold prices were unable to capitalize as jittery financial markets rediscovered the haven appeal of the US Dollar. More of the same looks likely ahead.

 

USD/JPY off weekly lows, still in the red below mid-108.00s

The USD/JPY pair dropped to fresh weekly lows during the Asian session on Thursday, albeit has managed to recover few pips thereafter. The pair failed

 

When is the SNB rate decision and how could it affect USD/CHF?

SNB Interest Rate Decision Overview The Swiss National Bank (SNB) is scheduled to release its quarterly monetary policy assessment at 0730 GMT today,

 

Switzerland Producer and Import Prices (MoM) meets forecasts (0%) in May

Switzerland Producer and Import Prices (MoM) meets forecasts (0%) in May

 

Switzerland Producer and Import Prices (YoY) came in at -0.8%, below expectations (-0.6%) in May

Switzerland Producer and Import Prices (YoY) came in at -0.8%, below expectations (-0.6%) in May

 

Chinese ambassador warns Britain over blocking Huawei – BBC

In a BBC interview, China’s ambassador to London Liu Xiaoming warned the UK government that if Huawei Technologies is blocked from developing 5G netwo

 

EUR/USD moves higher and flirts with 1.1300

The European currency is recovering the composure in the second half of the week and is helping EUR/USD to regain the vicinity of the key 1.1300 the f

 

Germany Consumer Price Index (YoY) meets expectations (1.4%) in May

Germany Consumer Price Index (YoY) meets expectations (1.4%) in May

 




Germany Consumer Price Index (MoM) meets expectations (0.2%) in May

Germany Consumer Price Index (MoM) meets expectations (0.2%) in May

 

Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (0.3%) in May

Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (0.3%) in May

 

Germany Harmonized Index of Consumer Prices (YoY) in line with forecasts (1.3%) in May

Germany Harmonized Index of Consumer Prices (YoY) in line with forecasts (1.3%) in May

 

Australia: Unemployment rate stays at 5.2% – ING

Robert Carnell, chief economist at ING, notes that Australian employment growth in May was up 42.3 thousand, and there were some upward revisions to t

 

GBP/USD technical analysis: Bulls and bears jostle between 100-HMA, immediate support-line

Having bounced off 38.2% Fibonacci retracement of May-end to June-start upside, the GBP/USD remains modestly flat as it trades near 1.2690.

 

Swiss government slightly ups 2019 growth forecast to 1.2%

The State Secretariat for Economic Affairs’ (SECO) released its latest economic forecasts, with the key highlights found below. Sees 2019 growth at 1.

 

EUR/USD is consolidating – Commerzbank

In view of Karen Jones, analyst at Commerzbank, EUR/USD pair has been consolidating following its break of the 2018- 2019 downtrend and is holding bel

 

BoJ preview: Pressure intensifies for rate cut – ANZ

According to Tom Kenny, analyst at ANZ, the Bank of Japan is in a difficult place, with inflation still far from its goal and both external and intern

 

Australia: Mixed labour force data in May – Westpac

Andrew Hanlan, analyst at Westpac, notes that the Australia’s labour force data was a mixed bag in May as the hours worked, weakened and were down by

 

FX option expiries for June 13 NY cut

FX option expiries for June 13 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1175 501m 1.1235 1.0bn 1.1245 535m

 

WTI technical analysis: Bears to confront multiple rest-points, oversold RSI

Despite declining beneath 61.8% Fibonacci retracement level, WTI is taking the support of an ascending trend-line stretched since December 2018.

 

GBP Futures: further pullbacks on the table

Investors added nearly 2.2K contracts to their open interest positions on Wednesday, while volume increased the most since March 14, this time by almo

 




EUR Futures: a deeper correction in the offing?

According to advanced figures for EUR futures markets from CME Group, open interest rose by more than 24K contracts on Wednesday, the largest single d

 

US Dollar Index eases from tops above 97.00

The greenback, in terms of the US Dollar Index (DXY), is trading in a consolidative fashion around the 97.00 handle in the second half of the week. US

 

Italy’s Di Maio: Italy wants budget or competition commissioner in newly elected European commission

Reuters is out with the latest comments from the Italian Deputy Prime Minister (PM) Di Maio, as cited by an Italian daily. Key Headlines: Italy wants

 

Asian stocks slip as political/trade catalysts favor risk-off

Be it the trade rift between the US and China or protests in Hong Kong, not to forget the US-Iran tussle, global markets are all disappointed.

 

FX Today: Aussie slips on weak Aus jobs, risk-off lifts Yen; SNB – Up next

The protests in Hong Kong over the extradition bill combined with rife US-China trade woes continued to hit the risk-sentiment in Asia for the second

 

ملخص اسواق العملات ليوم الخميس 13/06/2019 من موقع ديلي فوركس

لمزيد من الأخبار و التحليلات اليومية قم بزيارة: http://arab.dailyforex.com/

 

Daily Market Roundup (June 13, 2019) – By DailyForex

For more daily news and technical analysis visit: https://www.dailyforex.com

 

Cheer Up

Adage:

Marty Schwartz for “Learn to take losses. The most important thing in making money is not letting your losses get out of hand”.

Cartoon:


Image courtesy: www.forexfactory.com

Have a nice trading!




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