Month: June 2019

GBP/USD – Hard Brexit the new reality? European open – Fed anticipation draws slow start Dollar steadies at start of central bank week Daily Markets Broadcast 2019-06-17 Dollar Rallies Ahead of FOMC Meeting; Markets Await Fed Signal for July Cut The Fed is likely to drop ‘patient’ word next week, clearing way for July cut,
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Market Waits For The FOMC The US dollar kicks off the week with a lightly bid tone as the USD index pushes against the 97.10 level from below. Data weakness and dovish Fed commentary have weighed on USD recently. Looking ahead this week, the market is expecting to hear a similar dovish tone at the
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Bitcoin (BTC) Price Outlook, Chart and Analysis: Bitcoin rally may test $10,000. Facebook cryptocurrency announcement mooted this week. IG Client Sentiment Datashows how retail are positioned in a variety of cryptocurrencies. See how daily and weekly positioning can affect our trading bias. Bitcoin (BTC) trade data shows 77.3% of traders are net-long, a strong contrarian
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Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom led a plunge in chip stocks Friday after the chipmaker missed revenue expectations and lowered guidance for 2019 citing a “broad-based” slowdown in demand and the U.S. crackdown on Huawei. Broadcom shares lost more than 9% in premarket trading Friday. Skyworks, Xilinx, Micron, Advanced Micro
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The Federal Reserve will be holding its June policy meeting on Tuesday and Wednesday, after which it will announce its policy decision- but traders are already eager for the results, and are trading cautiously. Asian markets were trading mixed in the mid-afternoon on Monday without any of the strong movements that characterized the global stock
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Indices positive Most stock market indices were higher at the start of trading this week while the US dollar consolidated Friday’s gains. US indices traded between 0.21% and 0.35% with the Hong Kong index outperforming, recouping more than Friday’s losses after Legislative Council leader Carrie Lam announced at the weekend that she was suspending efforts
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