Archives: FX News

Today's FXStreet Newswire

The latest news that can have the most noticeable market impact

February 15, 2019
United States Total Net TIC Flows dipped from previous $42B to $-33.1B in December
February 15, 2019
United States Total Net TIC Flows fell from previous $42B to $-48.3B in December
February 15, 2019
United States Net Long-Term TIC Flows down to $-48.3B in December from previous $31.3B
February 15, 2019
Wall Street ends the week on a strong note, DJIA posts 8th straight weekly gains
Trade optimism helps Wall Street close the week on a positive note. Financials and energy lead the rally on Friday. Major equity indexes in the U.S. started the day in the positive territory and extended their gains on renewed optimism surrounding the U.S.-China trade conflict. Reflecting the strong appetite for risk, the CBOE Volatility Index,
February 15, 2019
US Dollar Index Technical Analysis: DXY loses steam and closes below 97.00 figure
DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).  DXY 4-hour chart DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.  DXY 30-minute chart DXY is trading below its main SMAs suggesting a bearish bias in the short-term. Bears
February 15, 2019
USD/MXN Technical Analysis: Consolidation at higher levels, still bullish but limited by 19.50
The Mexican peso was among the worst performers over the week, but USD/MXN held below the 19.45/50 strong support area.  Volatility increase over the last few days, after breaking the strong resistance at 19.20, now support.  Over the next days, a consolidation between 19.20 and 19.45 seems likely. So far there are no strong signals
February 15, 2019
Oil Technical Analysis: WTI breaks to a new 2019 high reaching $56.22 a barrel
Oil daily chart Crude oil WTI is trading in a bear trend below its 200-day simple moving average. WTI broke to a new 2019 high this Friday. Oil 4-hour chart Crude oil is trading between the 100 and 200 SMA suggesting a sideways market in the medium-term.  Oil 30-minute chart WTI is trading above its
February 15, 2019
Stocks: A retrenchment of some of the recent gains seems likely – Charles Schwab
The last Schwab Market Perspective report, points out that the sharp rebound in US equity prices since the Christmas Eve low has been a welcome development for the bulls, but they warn “the pendulum may have swung a bit too far”.  Key Quotes:  “Equity investors have been cheering the sharp rebound seen since the end
February 15, 2019
Eurozone: Next week data includes German Ifo and EZ PMI – Danske Bank
Analysts at Danske Bank expect next week data to show a decline in the Eurozone PMI on the back of weak new orders and political risk. They will be looking to German Ifo figures for signs of a rebound. Key Quotes:  “In the euro area, we have a busy week ahead of us. On Thursday,
February 15, 2019
US: Data disappointments could become more common, USD investors should take note – CIBC
Andrew Grantham and Royce Mendes, analysts at CIBC point out that US data disappointment, like the recent retail sales report, could become more common and hit the US dollar.  Key Quotes:  “While bond yields remained lower, the US$ quickly recovered the ground it lost immediately after December’s ugly retail sales report. It’s true that we