SPX drops by 1.24%, U.S. dollar endures longest losing streak since November, whilst fund managers agree that U.S. equities are over valued Well that escalated quickly, no sooner had analysts and market commentators pointed out that the main USA equity markets were approaching a record series of days for not falling by over 1% and […]
There is undoubtedly a romance involved in trading, many of us enjoy discussions surrounding Fibonacci due to its romanticism. The mathematical purity, history, the links to nature and the infinite qualities simply adds to its legendary allure. There are several other mathematical models associated with and often applied to trading, that evoke both a sense
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Sterling slides as UK govt announce date for Article 50 invocation, USA equity markets sell off, whilst oil falls 11% in March Finally the “no turning back moment” has arrived for: the UK, its people, its society and its economy, as the UK’s government will invoke what’s termed “Article 50” on March 29th, in order
PMIs, the UK’s Article 50 time table, the U.S. debt ceiling, and other critical USA economic data should dominate this week’s high impact calendar events There was quite a fuss and overall sense of panic and doom, regarding the U.S. debt ceiling a couple of years back, this followed similar, previous panics in 2011 and
USA equities slip back after their post Fed rally, sterling and Swiss franc climb due to the hawkish BoE and SNB narrative accompanying Thursday’s interest rate decisions Early Thursday morning, during the Sydney/Asian session, the Australian Bureau Of Statistics published data revealing unemployment had risen to 5.9% from 5.7% previously, as a result of the
According to various recent data sources, the average profile of a private (retail) forex trader is similar to that published by both the ECB and Citigroup in 2014. They cited that traders are predominantly male and have a median age of thirty five. There were approximately four million traders spread across the globe, according to
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Dollar plunges, USA equities tear upwards after Fed rate rise, euro soars as Dutch electors freeze out right wing influencer As expected, the FOMC meeting held on Wednesday, resulted in the announcement that the Fed’s main interest rate would rise by 0.25%, to 1.00%. Equity markets then rallied in the USA, whilst the dollar plunged,
Forex brokers should take their responsibilities seriously, that’s why most go to careful lengths to explain the process and the overall risks involved with trading to their customers. In fact the message and narrative regarding risk is often that harsh and stark you’d be forgiven for thinking that brokers are attempting to put potential clients
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Markets await the inevitable FOMC interest rate rise announcement, USD rises as USA equity markets fall. Holland goes to the polls For us old school analysts there’s something quite comforting when markets revert to standard, predictable, orthodox behaviour, albeit temporarily. Equity markets falling in the USA, whilst the dollar rises, as a consequence of what
Many of us (of a certain age) were big fans of Star Trek, the original series with William Shatner playing James T. Kirk. As kids we were mesmerised by the phaser and the communicator gadgets. The most memorable message delivered into the communicator by Kirk and his trusty officers; “beam me up Scotty” has entered
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