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Dec 4, 20 •
2530 Views •
Morning Roll Call •
saed shalabi
Comments Off on US equity indices trade near record highs as dollar slump continues
The US equity index the SPX 500 reached a record high of 3,678 before giving back some gains during Thursday’s trading sessions. The prediction of more Fed monetary stimulus, combined with optimism improving over the imminent Democratic administration under...
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Dec 3, 20 •
2526 Views •
Morning Roll Call •
saed shalabi
Comments Off on Euro makes gains as covid vaccine progress improves sentiment across the continent
The euro recorded steady gains versus the majority of its peers during Wednesday’s trading sessions after the U.K. govt announced it would be the first European nation to distribute the Pfizer Covid vaccine to a selected cohort of its most at-risk...
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Dec 2, 20 •
2681 Views •
Morning Roll Call •
saed shalabi
Comments Off on GBP/USD reaches a thirty-month high after Irish P.M. makes a positive outcome on the Brexit negotiations.
GBP currency pairs initially traded in tight ranges during Tuesday’s early trading sessions as investors and traders begin to position themselves with the Brexit deadline in sight. The UK will exit the EU on December 31st. Many analysts are either pricing...
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Dec 1, 20 •
2568 Views •
Morning Roll Call •
admin
Comments Off on Will December see US equity markets print fresh record highs and what are the prospects for GBP?
Despite the equity markets selling off during the last session of November 2020, US equity markets, in particular, enjoyed a stellar month. All three leading indices; the DJIA30, SPX500 and the NASDAQ printed record highs during November with the DJIA notable...
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Jul 26, 19 •
4174 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Euro whipsaws in wide ranges after the ECB’s confusing signals, USA equity markets fall as FOMC interest rate bets fade
The euro experienced whipsawing price-action versus its peers during the afternoon sessions as the ECB announced its rate setting decision and outlined a new direction in terms of forward guidance. Rather than announce an interest rate cut in the short-term,...
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Jul 25, 19 •
4032 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity market investors ignore the USA manufacturing PMI which indicates potential recession, to print new record highs.
There are several red lights currently flashing for the U.S. economy, but when investors are locked into the herd mentality of risk-on sentiment and behaviour, many of the key economic fundamentals which analysts respect tend to be ignored. On Wednesday the...
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Jul 24, 19 •
3621 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Dollar index rises to five week high, sterling whipsaws after new P.M. is announced WTI oil rises
In contrast with Monday’s quiet trading sessions, during Tuesday’s sessions the FX markets displayed healthy movement and provided extensive price-action opportunities for day-traders to bank profit. The dollar index rose to a five week high as investors...
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Jul 23, 19 •
3726 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Major currency pairs trade in tight ranges as DJIA equity market trades sideways
The price-action opportunities for day traders who specialise in trading the major pairs singularly were scarce during Monday’s trading sessions as the majors traded mostly in tight, sideways ranges during the day’s sessions. At 20:00pm U.K. time EUR/USD...
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Jul 22, 19 •
3691 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on The value of GBP as a new prime minister is appointed and the value of USD and U.S. equities as GDP is printed will be the week’s main focus
According to a weekend poll conducted by the polling firm You Gov, Tory voters are approximately 75% in favour of Boris Johnson becoming the next U.K. prime minister, with only 25% for Jeremy Hunt. The voting-decision will be announced on Wednesday July 24th...
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Jul 19, 19 •
3593 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity indices recover, oil slips as tension eases while USD slumps
After beginning the New York session in negative territory the main U.S. equity indices recovered towards the end of the session, to register closing gains on Thursday July 18th. The DJIA closed up 0.03% with the SPX up 0.35% and the NASDAQ up 0.17%, ending a...
