Monthly archive March, 2016

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources. - China’s top Read More →

Talking Points: - Moody’s downgraded China’s outlook to negative from stable; this was not a downgrade on debt, but a downgrade on outlook. This is an important distinction that we explain below. - As we’ve outlined, the Chinese economy is facing a Read More →

Talking Points: Aussie Dollar rallies after 4Q GDP data weighs on RBA rate cut bets US ADP jobs report, Fed’s Beige Book to guide FOMC policy outlook Crude oil may rise on inventories data, helping to buoy risk sentiment The Australian Dollar is outperforming Read More →

Talking Points: Gold pared yesterday’s gains as risk revitalized following strong US data Oil traded heavy after API published large crude build for the week Copper rose with risk, supported by hopes of new stimulus in China Strong U.S. data turned the table overnight Read More →

Talking Points USDCHF testing critical resistance confluence at the 2016 open Weekly opening range set above 100DMA Updated targets & invalidation levels USDCHF Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: USDCHF tested a key near-term resistance confluence yesterday at 1.0028/31. This region is defined Read More →

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources. - China’s Security Read More →