Germany’s inflation appears under control based on the value of consumer prices which have risen by 1.3% year on year to February according to the latest stats published this morning by Germany’s official stats agency. The UK’s official stats agency the ONS also published some key data this morning regarding the trade balance of the […]
Many FX blog writers and contributors to FX forums will often quote which FX pairs are their “favorites to trade”. They’ll also often allude to the special characteristics of their favourite currency pairs and how these pairs (in their opinion) act differently on their charts to many others. And yet if we ask professional and
In many ways the markets were delivered some positive data on Thursday; USA unemployment claims fell by 9000 week on week, with the four week moving average decreasing by over 6000. Retail sales in the USA also came in ahead of expectations as the reading rose for the first time in over three months. Also,
French inflation has come in slightly ahead of expectations slightly dampening concerns that deflation may be becoming an issue for one of the largest global economies. After the RBNZ released their publication, revealing that they’d decided to hike interest rates by a quarter of one percent, Australia weighed in with, what on the face of
French CPI rises in February, whilst China data disappoints again Read More »
In a recent article we discussed how many of us within our trading community appear to be genetically programmed to struggle with trading. We then went further and questioned whether or not we’re all biologically programmed to suffer some form of cognitive dissonance were trading is concerned, especially given what we need to do in
Are successful traders born or made? Read More »
Many analysts predicted that the RBNZ would raise the base rate by 0.25% when they met this Wednesday evening, the impact on the kiwi was immediate and now swing (and or position) traders will await to see if the rate rise will propel the kiwi to greater heights, or if the rise has already been
There’s a quirky index that’s used in Japan which many other G20 nations would do well to observe and put to use, it’s referred to as the “misery index” and it measures the economic hardship of a country and its people using a very simple formula adding inflation to the level of employment. The level
If we take a cursory look at the majority of FX trading blogs and forums we’ll very quickly note just how many hundreds of thousands of threads and articles are dedicated towards method and moreover the technical analysis that underpins that method. And this despite the (what should be) undisputed fact, that it’s medium to
News trading, how to improve it and what to look out for when news events break Read More »
From the USA the number of job openings referred to as jolts came in in line with expectations at 4 million on Tuesday according to the latest data from the USA BLS department. This encouraging news was also supported by wholesale inventories in the USA which grew by 0.4% in the month of January, versus
No sooner did a member of the UK’s monetary policy committee state yesterday that; a rising pound could choke of the UK recovery and any attempt to move to a more rebalanced economy based on increasing exports, then Germany this morning provides the perfect example of what a coveted exporting powerhouse should resemble. Exports are
German exports power ahead, up 2.2% December 2013 to January 2014 Read More »
