Todays Markets
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Economic Calendar
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Trading Sentiment
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
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Latest News Headlines
Bloomberg: FX Traders Pivot to Tactical Bets as Old-School Strategies Flop
Currency traders are switching up their playbooks as some of the most time-tested strategies are fizzling in the $5.1-trillion-a-day market. Momentum, carry and value bets have delivered lackluster returns in foreign exchange this year, prompting some money managers to shelve them in favor of event-driven and niche positions. [more...] Bloomberg: Stocks Mixed in Listless Asia Session; Yuan Dips: Markets Wrap
Stocks in Asia put in a mixed performance as summer breaks appeared to put a damper on trading volumes. The yuan slid as China signaled it was comfortable with the currency’s recent retreat. [more...]
Bloomberg: Google Fined Record $5 Billion by EU, Given 90 Days to Stop ‘Illegal Practices’
Google received a record 4.3 billion-euro ($5 billion) antitrust fine from the European Union and was ordered to change the way it puts search and web-browser apps onto Android mobile devices. [more...]
Bloomberg: Yen Haven Status Damped by Japan Foreign Stock Buying
An increase in Japan’s appetite for risk assets overseas is having an outsized impact closer to home -- on the traditional safe haven status of the yen. [more...]
Bloomberg: Powell Says Cryptocurrencies Aren't Big Enough to Pose a Threat
Federal Reserve Chairman Jerome Powell made it clear that the explosive growth in digital money isn’t very high on his list of concerns. [more...]
Bloomberg: Awkward: Goldman, Morgan Stanley Both Rush Podium for M&A Trophy
Wondering which Wall Street firm is unequivocally the world’s top dealmaker? Maybe don’t ask a banker. Once again, more than one of the industry’s leading firms is grabbing the trophy for the most successful. [more...] Bloomberg: Oil Trades Below $69 as Investors Weigh Mixed Inventories Report
Reuters: Asian shares rise on U.S. earnings but trade worries rattle yuan
Asian shares extended early gains on Thursday as upbeat Wall Street earnings buoyed global investor sentiment, although trade war jitters pushed China’s yuan to fresh one-year lows in both the onshore and offshore markets. [more...]
Reuters: EU's Moscovici warns of hit to markets if trade tensions escalate
A further escalation in trade policy tensions between the European Union and the United States would hit financial markets and hurt both sides, said European Commissioner for Economic and Financial Affairs Pierre Moscovici. [more...]
CNBC: Virtual banking is set to shake up Hong Kong
Hong Kong, long a global leader in banking and finance, is bracing for the arrival of so-called virtual banks — financial institutions without physical branches where all transactions are online. [more...]
CNBC: Former Trump advisor Steve Bannon: 'We're at war with China'
Steve Bannon, former top advisor to Donald Trump, said Wednesday that the U.S. has been embroiled in a trade conflict with China for decades. [more...] |
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Currency Strength Indicators
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The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here
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