• Forex-trading-2

    A Trillion Here, a Trillion There, It Soon Adds Up…

    Jun 11, 13 • 19171 Views • Extras No Comments

    Overnight/early morning the BOJ (bank of Japan) published its latest monetary policy statement. The Board of the Bank of Japan decided that the Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of...

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    Is France Stoking The Fires of a Manufacturing Led Recovery?

    Jun 11, 13 • 1893 Views • Extras No Comments

    During his visit to Japan over the weekend the French President Francois Hollande told the assorted dignitaries, luminaries and hunting press pack during a press conference that the Eurozone had overcome its biggest test and was now on the way to recovery;...

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    Don’t Trade The News, Trade The Reaction to The News

    Jun 9, 13 • 1860 Views • Extras No Comments

    Germany’s factory orders came in way below expectations  yesterday, the economists polled by Bloomberg expected a 1% drop and the published figures indicated a 2.3% drop, which was quite a miss. However, the euro appeared to brush this news aside and...

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    The Rain In Spain Falls Mainly..Or Has It Stopped Falling?

    Jun 6, 13 • 2950 Views • Extras 1 Comment

    Yesterday the Eurozone (and more specifically Spain) finally received some positive news on the dire unemployment situation which has disproportionately hammered Spain’s youth employment prospects. To describe the news that unemployment had stopped...

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    Australia Doesn’t Need To Dig Itself Out of The Hole It’s Created

    Jun 6, 13 • 1902 Views • Extras No Comments

    In the overnight session the Australian first quarter growth figures were produced and the publication disappointed analysts, albeit the prediction versus the actual published fact was marginal. The 0.6 per cent quarterly expansion, below analyst expectations...

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    GBP/USD – through 1.5130 key resistance

    May 30, 13 • 1696 Views • Extras No Comments

    2013-05-30 06:28 GMT GBP/USD was held off yesterday recording a low of 1.5008 and climbed on a broad based dollar squeeze across a range of pairs. The resistance line at 1.5130 was pretty key and now come sin as support above pivot 1.5095 as the market is...

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    NZD/USD operating at 0.8100 resistance

    May 27, 13 • 1844 Views • Extras No Comments

    The NZD/USD has recovered the 0.8100 level, after an earlier stumble during the overnight session that took the pair to the depths of 0.8061 (session low). Monday is utterly devoid of meaningful economic data across virtually any medium, on accounts of...

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    USD/CAD remains in positive territory at 1.0317/18

    May 27, 13 • 1666 Views • Extras No Comments

    The USD/CAD has oscillated in an extremely narrow 26-pip consolidation Monday (1.0307 – 1.0333) during a muted holiday session, presently operating at 1.0317/18. In these moments the pair is securing a modest advance of +0.13% above its opening during...

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    EUR/USD around 1.2850, ahead of PMI

    May 23, 13 • 1730 Views • Extras No Comments

    The shared currency is consolidating around the mid 1.28s on Thursday, ahead of the flash manufacturing and services PMI in the euro area. “Today’s data will likely be a key input for the ECB’s June rate decision, but we think that we would have to see...