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Nov 23, 17 •
2232 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Fed hints at a December rate rise, sending USA stocks sliding, U.S. dollar falls as persistent low inflation concerns by the Fed, signals a dovish monetary policy for 2018
The minutes of the FOMC November meeting were published on Wednesday evening, revealing that an interest rate rise is imminent, however, the minutes also struck a dovish tone, with the various Fed chairs indicating their inflation fears, suggesting that rate...
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Nov 22, 17 •
2321 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on SPX reaches a record high over 2,600, FX major currency pairs generate no price action trading opportunities
After falling back last week, whilst displaying a classic Heiken Ashi doji on a weekly chart, indicating investor indecision, many analysts were left wondering where the next momentum would come from, in order to push the main USA equity markets to fresh...
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Nov 21, 17 •
2394 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro whipsaws through a wide bearish range, as German coalition talks dissolve without agreement
As news broke from Germany late Sunday evening, revealing that current chancellor Angela Merkel had failed in her attempts to forge a coalition alliance with the FDC party, the euro fell immediately once the FX markets opened. EUR/USD fell by circa 0.9%,...
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Nov 20, 17 •
2347 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on The U.S.dollar, euro and the U.K. pound will come under close scrutiny, due to political issues, over the coming weeks
Last week ended with the main SPX falling for the second week in series and the U.S. dollar also falling for the fourth day in series. Investors appear to be concerned that; despite earnings season proving to be encouraging for U.S. stocks and the...
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Nov 17, 17 •
2675 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. equities rally as Trump’s tax cuts proposal passes first hurdle, most currencies prove impossible to day trade on Thursday, as price action is nonexistent
The main equity indices in the USA rallied on Thursday, as the proposed tax cuts, which were at the heart of Trump’s election manifesto, passed through the first governmental process, as the Senate House passed the Republican Party’s first version of the...
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Nov 16, 17 •
2071 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USA equity indices fall, as investors struggle to find direction, U.S. dollar falls versus several major peers, gold surrenders daily gains in New York session
With corporate earnings season effectively over, the tax cuts initiative unlikely to be made law (in the form Trump wanted) any time soon and the December FOMC rate setting meeting beginning to focus minds, investors in U.S. equities have been struggling to...
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Nov 15, 17 •
2038 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro rises due to strong GDP figures, sterling initially falls as inflation misses forecast, casting doubts on further BoE rate rises
Tuesday proved to be an incredibly busy day for high impact economic calendar news events, with the majority of the Eurozone hard data releases either meeting or beating forecasts, ensuring that the euro rose significantly versus its major peers. EUR/USD rose...
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Nov 14, 17 •
2188 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling slides as U.K. prime minister sees authority weakened, U.S. dollar rises as FOMC December meeting edges nearer
The U.K. pound came under pressure on Monday morning, as the two week E.U. deadline ultimatum issued on Friday, immediately effected trader sentiment when Asian markets opened, and the sell off continued until late afternoon. Theresa May’s authority came...
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Nov 13, 17 •
2234 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Will sterling react to the E.U. ultimatum, delivered on Friday to the U.K. government?
Last week ended with several of the ongoing, global, political situations still dominating the political landscape; the U.K. political turmoil in the Tory Party, Brexit, USA tax cuts, and Catalonia, were the key issues of last week and will take centre stage...
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Nov 10, 17 •
2184 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on European equity markets close down sharply, U.S. markets and the dollar follow suit, as Trump’s tax bill looks doomed, gold rises in safe haven trade
U.S. equities and the dollar sold off on Thursday as the U.S. Senate indicated that it could take up to 2019 in order for a tax plan to be fully ratified, moreover, the government lawmakers were suggesting that the final policy (when brought into law), would...