Asian Stocks Hold Up, US Dollar Back in Demand

Talking Points: Asian shares held up in a session thinned by the Chinese New Year break The US Dollar perked up, reportedly on hopes for US corporate outperformance Heavyweight US data will dominate the rest of the global session Asian shares were mostly in the green on Friday, with the sight of the Dow Jones […]


Taiwanese Dollar Ticks Up On Stronger GDP Print

Talking Points Taiwan’s growth expanded at its fastest pace for nearly two years in the last quarter of 2016 However, it still managed to miss forecasts Currency markets chose to accentuate the positives, with gains for the Taiwanese Dollar China proxy Taiwan’s economy scored its strongest rate of growth since early 2015 in the final […]


AUD/JPY Reversal Targeting Initial Support Hurdle

Talking Points AUDJPY at risk sub-86.82 – Key near-term support into 84.86 Updated targets & invalidation levels Looking for more trade ideas? Review DailyFX’s 2017 Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET) AUD/JPY Daily Technical Outlook: AUDJPY turned last week from the December high-day close at 86.93 with […]


Asian Markets Slip, Trump and Brexit on Their Minds

Talking Points: Asian markets broadly lower as investors prefer haven assets while waiting for Donald Trump’s inauguration Chinese stocks were the clear exception Sterling has retraced a little, while the US Dollar has clawed back some ground Asian markets were broadly weaker on Wednesday, following Wall Street’s lead. Shares there dropped on Tuesday as investors […]