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Feb 13, 19 •
1645 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Why traders should always diarise high impact calendar events, whatever time of the day they’re published
FX trading is a global 24/5 business, it hardly ever sleeps. From Sunday evening to Friday evening, the industry, in all its facets, turns over circa $5 trillion each trading day. The FX markets are moved primarily by breaking economic news and high impact...
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Feb 13, 19 •
1459 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on German and Eurozone GDP growth figures will be carefully scrutinised, for any evidence of further economic weakening
Thursday February 14th is a busy day for high impact calendar news. Crucial data concerning: the German economy, the Eurozone and the USA economy, will be released. This is data which has the power to move markets, particularly if the forecasts by various...
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Feb 13, 19 •
1594 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Global equity markets continue the bullish momentum as trade optimism continues to build
Overnight and in the early morning Sydney and Asian trading sessions, many of the globe’s prominent equity markets continued the “risk on” rise, which has developed over recent sessions. President Trump intimated during a questions and answers session,...
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Feb 13, 19 •
1651 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Risk appetite returns as USA indices recover their December loss, USD falls as dollar safe haven appeal recedes
December 2018 proved to be an unusual and rogue month for USA equity markets, traditionally the markets rally in late December, whilst delivering the infamous Santa rally. But 2018 was different; the key U.S. markets sold off, with the NASDAQ and SPX entering...
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Feb 12, 19 •
1874 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on The latest CPI figures for the U.K. and USA economy, could cause the value of sterling and the U.S. dollar to fluctuate
On Wednesday February 13th, both the U.K. and USA statistics agencies will publish the latest metrics relating to inflation, for their respective economies. Inflation figures rank as high impact economic calendar events, due to their ability to move FX...
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Feb 12, 19 •
2053 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Global markets rally as USA govt shutdown is avoided and Trump reaches out to Xi for USA-China meeting
Global equity markets were cheered overnight, as news filtered down that the USA government had avoided an upcoming shutdown, after a budget was agreed by congress for border security. The agreed congress funding of $1.4b for border security, falls far short...
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Feb 11, 19 •
2278 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on The RBNZ are set to announce a hold of the OCR rate on Wednesday morning, FX traders should, however, concentrate on Governor Adrian Orr’s accompanying press conference
At 1:00am, on Wednesday February 13th, during the early part of the Sydney-Asia trading session, New Zealand’s central bank, the RBNZ, will broadcast their decision with regards to the bank’s key interest rate. Referred to as the OCR or official cash...
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Feb 11, 19 •
1888 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on What is FX price action, how can traders identify it and how can they potentially profit from it?
FX traders have to rapidly become conversant with many new concepts and the language that accompanies the various concepts. Not only do you have to learn the language of technical and fundamental analysis, you also have to quickly get up to speed with various...
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Feb 11, 19 •
1851 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on U.K. GDP growth contracts by -0.4% in December, highlighting the U.K. govt’s poor handling of Brexit
The U.S. dollar traded close to a six week high, versus a basket of its currency peers, during the overnight and early morning trading sessions on Monday February 11th. The upcoming USA-China trade talks begin this week, with the aim of discouraging the Trump...
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Feb 8, 19 •
1810 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on How to cope with and trade FX markets when they whipsaw
Whipsawing FX markets, represent some of the most challenging trading conditions traders can face. Inexperienced traders, who are unfamiliar in witnessing such rapid change, can experience elevated levels of stress and perhaps incur unnecessary and avoidable...