Heads-up News 

Frankfurt Trading Session Heads Up Friday, August 23, 2019

Frankfurt opening news digest Euro May Fall vs US Dollar on Powell Comments at Jackson Hole The Euro may fall vs the US Dollar if Fed Chairman Jerome Powell’s comments spark risk aversion and boost demand for liquidity.   Stocks Mostly Up Before Powell Speech, Japan-Korea Trade War Grows Stock markets were mostly in the green in Asia Pacific trade, with investors clearly hopeful that the world’s central bankers will have goodies for them at Jackson Hole.   GBP/USD: Bottom formation? – Commerzbank Karen Jones, analyst at Commerzbank, suggests that…

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EUR News Reviews 

EUR Daily Review August 23, 2019

EUR Daily Review for August 23, 2019 Euro May Fall on ECB Minutes, Jackson Hole and Eurozone PMIs The Euro may fall against the US Dollar if ECB minutes carry ultra-dovish undertones and commentary from Jackson Hole spooks markets against the backdrop of Eurozone PMI data.   When are the German/ Eurozone flash PMIs and how could they affect EUR/USD? Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of its impact on the European currenc   EUR Futures: further downside…

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Heads-up News 

Frankfurt Trading Session Heads Up Friday, August 23, 2019

Frankfurt opening news digest The Fed Is Cutting Interest Rates Because Of Trump’s Blundering Actions, Not His Blustering Words The Fed can fairly be said to be cutting interest rates because of Donald Trump. But the move has little to do with the unprecedented and buffoonish levels of political pressure this president is placing on the U.S. central bank, whose functioning is key to domestic and global economic stability.   Huawei Cannot Escape Google — Unless It Wants To Say Goodbye To Western Markets The US-trade war confirmed a big…

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JPY News Reviews 

JPY Daily Review August 22, 2019

JPY Daily Review for August 22, 2019 GBP/JPY remains choppy below 21-DMA amid mixed trade/political signals GBP/JPY clings to 129.30 amid a lack of market reaction to latest headlines.   USD/JPY now awaits Fed’s Powell for direction US stock markets were firm into the close overnight in anticipation, or the hope, of a rate cut as soon as September following a set of minutes that h   USD/JPY slides to the lower end of a 4-day old trading range, farther below mid-106.00s The greenback lost some ground against its Japanese…

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Heads-up News 

Tokyo Trading Session Heads Up Thursday, August 22, 2019

Tokyo opening news digest S&P 500 Price Outlook: Traders on Edge as VIX Pops Ahead of Jackson Hole Equity traders were deservedly on edge Thursday ahead of Friday’s Jackson Hole Symposium speeches where Fed officials are expected to comment on the state of monetary policy.   European officials draft radical plan to take on US Pres. Trump and American tech companies – Politico As per the latest reports from the Politico, the European Union officials have drawn up an aggressive 173-page plan to counter the US tech companies.   US…

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AUD News Reviews 

AUD Daily Review August 22, 2019

AUD Daily Review for August 22, 2019 AUD/USD: Buyers and sellers seek fresh clues to break the range Given the recent risk-on confronting broad US Dollar (USD) strength, the AUD/USD pair keeps inside a short-term trading range.   AUD/USD technical analysis: Drops to 1-week old support-line of symmetrical triangle Even after declining to two-day lows, the AUD/USD pair remains supported by an immediate symmetrical triangle as it trades near .6768 during early Thursday.   Whistleblower alleges possible interference in Trump’s tax audit: reports A federal whistleblower is alleging possible improper…

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Heads-up News 

Sydney Trading Session Heads Up Thursday, August 22, 2019

Sydney opening news digest One Week Left Before Nearly All ‘Made In China’ Is Tariffed China prices are rising. Pro tip: get your Christmas shopping done before Dec. 15.   This Billionaire Dividend ‘Loophole’ Is Now Open To Us Billionaires are quietly loading up on their favorite dividend paying stocks.   Which Stock: Tesla or Biogen? 2 Worlds. Same Price Tesla (NASDAQ: TSLA) and Biogen (NASDAQ: BIIB) have similar market caps of roughly $40 billion and both companies have seen their stocks fall by roughly 25% this year. While Biogen…

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Crypto News Reviews 

Bitcoin News Digest Thursday, August 22, 2019

Bitcoin, Bitcoin Cash, Ethereum and Monero linked with fentanyl trafficking The White House has described Bitcoin and friends as among the most “predominant funding mechanisms associated with fentanyl trafficking.”   Bitcoin Selloff Stalls at Historical Price Support Near $10K Bitcoin (BTC) sellers are again struggling to force a sustained break below a widely-followed support level, but the outlook would turn bullish only a   Researchers Concur Current Bitcoin Market Cycle is Only Just Beginning Bitcoin price cycles can be influenced by a number of factors, FOMO and public sentiment is…

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News Regulators Reviews 

Policy Daily Review August 22, 2019

Policy Daily Review for August 22, 2019 Fed Minutes Suggest Policy Divisions Unlikely To End Soon What we learned from the July Fed minutes and the potential conflict between the view of the markets and that of policy makers.   IMF: Monetary easing unlikely to weaken a country’s currency enough to improve trade balance In a blog post published on Wednesday, the International Monetary Fund (IMF) said monetary easing was unlikely to weaken a country’s currency enough t   Trump asks ‘WHERE IS THE FEDERAL RESERVE’ after Germany sells bonds…

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News Oil Reviews 

Oil Daily Review August 22, 2019

Oil Daily Review for August 22, 2019 Crude Oil Prices Heads Higher, Canada Extends Oil Production Cuts – US Market Open Crude Oil Prices Heads Higher, Canada Extends Oil Production Cuts – US Market Open   United States EIA Crude Oil Stocks Change came in at -2.732M below forecasts (-1.889M) in August 16 United States EIA Crude Oil Stocks Change came in at -2.732M below forecasts (-1.889M) in August 16   WTI Crude Oil and Natural Gas Forecast August 22, 2019 For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical…

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