We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bearish
GBP/USD
Mixed
USD/JPY
Bullish
Gold
Mixed
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Bearish
More View more
Notice

DailyFX PLUS Content Now Available Freely to all DailyFX Users

Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 98.01%, while traders in France 40 are at opposite extremes with 77.42%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/iZMyPUwaV8
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 0.00% Gold: -0.03% Oil - US Crude: -1.68% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/GHL0wC5uWO
  • Trader tip: Are you chasing the market? Avoid #FOMOintrading with this little advice from @MBforex. https://t.co/lN4zI6WN9w
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.13% 🇯🇵JPY: -0.05% 🇨🇦CAD: -0.14% 🇬🇧GBP: -0.22% 🇳🇿NZD: -0.26% 🇦🇺AUD: -0.45% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/qhjqNzP2Z3
  • Coming up at the bottom of the hour. Please join me if you can. I'll be looking at the charts of the major assets and at the sentiment data on the calendar this week https://t.co/1fEkIho31k
  • ECB's Villeroy states that if current oil shock lasts, this could increase inflation and hamper growth
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: US 500: -0.09% Wall Street: -0.14% France 40: -0.29% Germany 30: -0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/3lOc7SMTTV
  • Today, I was hosted by @skynewsarabia to discuss, expected Fed rate decision , ECB Monetary Policy and other central bank decisions. Addiationally, we talked about Brexit, GBP price and more.Details in the link below: https://t.co/lv5KDOZNwX #FED, #ECB, #GBP, #Brexit ,#BOJ, #SNB https://t.co/Kqad9yViex
  • Join @MartinSEssex 's #webinar at 6:30 AM ET/10:30 AM GMT to learn more about trading #sentiment Register here: https://t.co/q4MoqGaXQZ https://t.co/1VgrnV0xov
  • 🇪🇺 EUR Euro-Zone Consumer Price Index (YoY) (AUG F), Actual: N/A Expected: 1.0% Previous: 1.0% https://www.dailyfx.com/economic-calendar#2019-09-18
Nikkei 225 May Rise as Japanese Yen Falls on Trade Talk Progress

Nikkei 225 May Rise as Japanese Yen Falls on Trade Talk Progress

2019-04-07 23:00:00
Daniel Dubrovsky, Analyst
Share:

Asia Pacific Market Open Talking Points

  • US Dollar gains at Sterling’s expense, mixed US jobs report sinks bond yields
  • White House said that sticking issues in US-China trade talks were discussed
  • Market optimism may boost Nikkei 225 as week begins, sinking Japanese Yen

Find out what the #1 mistake that traders make is and how you can fix it!

FX News Friday

The US Dollar aimed cautiously higher on Friday, rising at the expense of a weaker British Pound and brushing aside a decline in front-end government bond yields. Sterling weakened in the aftermath of UK Prime Minister Theresa May asking the European Union to delay Brexit to June 30th. The fate of the United Kingdom turns to the emergency Brexit Summit later this week before the April 12th withdrawal deadline.

Some newswires attributed the drop in US front-end government bond yields to President Donald Trump expressing his wish for the Federal Reserve to shift to quantitative easing. However, by that point most of the damage to bond yields had already been done. Weakness emanated from the mixed jobs report earlier. Accompanying a beat in employment gains were soft wage growth and a drop in labor force participation.

US Jobs Report Sends Bond Yields Lower

Nikkei 225 May Rise as Japanese Yen Falls on Trade Talk Progress

Sentiment generally improved on Friday nevertheless on welcoming progress in US-China trade talks from the Asia trading session. The S&P 500 rose almost 0.5% by the end of the session. Yet, the pro-risk Australian and New Zealand Dollars couldn’t find much upside momentum. Perhaps a stronger Greenback weighed against them. NZD/USD unexpectedly fell earlier in the day.

Monday’s Asia Pacific Trading Session

Aside from a speech from BoJ’s Governor Haruhiko Kuroda, Monday’s Asia Pacific trading session is lacking notable economic event risk. Sentiment may be in an upbeat mood though as after market close Friday, the White House released a statement that noted a key sticking issue in US-China trade talks, intellectual property, was discussed. Gains in the Nikkei 225 may pressure the anti-risk Japanese Yen.

US Trading Session Economic Events

Nikkei 225 May Rise as Japanese Yen Falls on Trade Talk Progress

Asia Pacific Trading Session Economic Events

Nikkei 225 May Rise as Japanese Yen Falls on Trade Talk Progress

** All times listed in GMT. See the full economic calendar here

FX Trading Resources

--- Written by Daniel Dubrovsky, Junior Currency Analyst for DailyFX.com

To contact Daniel, use the comments section below or @ddubrovskyFX on Twitter

provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.