www.varchev.com

The kiwi is the leader on the day so far

The kiwi is the leader on the day so far after getting a bit of a boost from the slightly upbeat CPI report earlier in Asian trading. The relative strength of the Chinese yuan is also helping to feed gains into both the aussie and kiwi as well to start the day but in general there’s a hint of risk-on in the FX space to begin the session.

The euro and pound are relatively subdued in trading so far while the yen is the laggard on the day after the BOJ moved to cut its inflation outlook earlier. A slump in exports in Japan’s latest trade balance data isn’t really helping either.

Looking ahead, risk will continue to be the main theme in markets for direction but look out for more Brexit headlines to follow as we await the latest developments on May’s strategy to tackle the current deadlock. 65 days to go. Tick tock, tick tock.

That aside, keep an eye out on bank stocks later in European trading as the Fed is said to probe Deutsche Bank over suspicious transactions from Danske Bank. The inquiry is said to not be public but will surely only add to the misery of Deutsche after the bank experienced a torrid time last year.


 Trader Georgi Bozhidarov

Varchev Absolute Trader

борсова платформа

  • Търгувай над 3000 финансови инструмента: Crypto, Форекс, Акции, Индекси, Суровини, ETF-и
  • Използвай платформа с директно изпращане ордерите на борсите
  • Cloud base платформа - твоят трейдинг сетъп на всяко устройство
  • Market Sentiment - търгувай с настроенията на инвестиционите банки
  • Top movers - най-горещите трейдове във всеки един момент
  • Stocks scanner - филтрирай най-подходящите за твоя трейдинг стил пазарни инструменти
  • Heat map - Търгувай в посоката на големите играчи
Отвори трейдинг сметка Опитай на демо

Meta Trader 5

  • Търгувай Crypto, Форекс, Акции, Индекси, Суровини - всичко на едно място
  • Автоматизирана търговия с интелигентни стратегии и роботи (Expert Advisors)
  • Разширен технически анализ с хиляди индикатора и инструменти
  • Сигурност и стабилност – платформа, доверена от милиони по света
  • Нулев марджин при насрещни/хеджирани позиции
  • Без комисиона при търговия със CFDs
  • Светкавично изпълнение на сделките


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance
chat with dealer
OPEN REAL ACCOUNT