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May 3, 19 •
3889 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar rises versus peers as FX traders reduce their bets on rate cuts, sterling falls as Bank of England keeps base rate unchanged, but voices fears over Brexit.
The U.S. dollar recorded gains versus the majority of its peers during the trading sessions on Thursday as FX analysts and traders balanced their positions, based on the FOMC rate hold announcement, disclosed on Wednesday evening. The Fed chair Jerome...
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May 2, 19 •
3321 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on USA jobs data beats forecasts, whilst the ISM manufacturing metric disappoints, U.S. dollar rises after FOMC decision and Jerome Powell statement.
On Friday May 3rd, at 13:30pm U.K. time, the latest NFP jobs data will be published. In the same week as the NFP data is published, the latest ADP payrolls data is usually released on the preceding Wednesday. On Wednesday May 1st, the ADP data came in at 275k...
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May 1, 19 •
3033 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling spikes versus all its major peers, as rumours circulate that the U.K. parliament could reach a Brexit compromise, euro gains as promising economic data is published.
During the Easter holiday and the two week recess for U.K. parliament, the volume of sterling trading dropped significantly. As MPs trudged back to Westminster last week, currency pairs such as GBP/USD continued to trade in narrow ranges, as the lack of...
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Apr 30, 19 •
2320 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity market indices print record highs, as USD falls versus major peers.
The U.S. dollar index, DXY, gave up position from its recent two year high, during Monday’s trading sessions. At 20:15pm U.K. time, the index of a basket of USD peers traded at 97.85, down -0.16%, having threatened to breach the 99.00 handle, during the...
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Apr 29, 19 •
2531 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Central bank interest rate decisions and the latest NFP jobs number, are the outstanding high impact events during the week.
The week’s significant economic calendar events begins on Monday April 29th, with a speech delivered by the Bank of England Governor Mark Carney, at 9:10am U.K. time in London. He’ll most likely cover the fact that U.K. GDP is holding up well, combined...
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Apr 26, 19 •
3632 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on USA equity markets whipsaw in wider ranges, as certain data and earnings miss forecasts, JPY maintains gains based on BOJ economic outlook.
Markets for equities in the USA experienced unusual price action, during Thursday’s New York session, as price action for the: DJIA, SPX and NASDAQ whipsawed in wide ranges, oscillating between bullish and bearish sentiment, as earnings for various...
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Apr 25, 19 •
3123 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Australasian dollars slump, U.S. dollar rises, U.S. equities slip from record highs.
The Aussie dollar immediately slumped versus the U.S. dollar, during Wednesday’s Sydney-Asian trading session. The CPI reading (year on year) up to March came in at 1.3%, falling from 1.8%, dampening any expectation that the RBA central bank would be...
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Apr 24, 19 •
2378 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar index reaches a high not witnessed since June 2017, GBP/USD falls to two month low, as Brexit issues return.
At 20:20pm U.K. time on Tuesday April 23rd, the U.S. dollar index, DXY, traded at 97.62, up 0.34% on the day, reaching a high not seen since June 2017, as USD has experienced a surge over recent trading sessions. The U.S. dollar experienced significant gains...
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Apr 23, 19 •
2306 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar experiences mixed fortunes in light trading, Aussie dollar slumps, as Canadian dollar rises in tandem with the rise in WTI oil.
USD endured mixed trading fortunes during Monday’s trading sessions, during a day when several FX trading centres were closed, for the extended Easter, bank holiday, trading period. At 19:45pm on Monday April 22nd, the dollar index traded down -0.10% at...
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Apr 22, 19 •
2954 Views •
Forex Trading Articles, Morning Roll Call •
admin
Comments Off on USA GDP and interest rate settings from the Canadian and Japanese central banks, are the stand out economic calendar events of the week.
The trading week begins slowly during the late evening of Sunday April 21st, due to the long Easter weekend and the associated bank holiday days; on the previous Friday and Monday April 22nd. Consequently, the trading volume and liquidity was below the...