January 2018

WEEKLY MARKET SNAPSHOT 29/1-2/2| USA data comes into sharp focus, as the FOMC meet to decide interest rate policy, whilst analysts expect an improvement in the January NFP job numbers

Is The Trend Still Your Friend

In a week packed with high impact economic data releases, France and the Eurozone deliver their latest GDP figures on Tuesday, the expectation is for both to remain unchanged, whilst the main inflation reading (CPI) for the Eurozone is also expected to remain unchanged at 1.4%. The latest USA confidence reading will be revealed, in […]

WEEKLY MARKET SNAPSHOT 29/1-2/2| USA data comes into sharp focus, as the FOMC meet to decide interest rate policy, whilst analysts expect an improvement in the January NFP job numbers Read More »

Euro rises as Mario Draghi delivers hawkish speech, dollar recovers as Trump denies aims to weaken the currency, gold falls after a run of substantial gains

Morning Roll Call

The euro rose versus many of its peers during the afternoon session on Thursday, after Mario Draghi delivered what was generally regarded as a hawkish statement, during his press conference, held after the ECB announced that the interest rates would be kept at 0.00%. Mr. Draghi testified that growth in the Eurozone’s economy was broad

Euro rises as Mario Draghi delivers hawkish speech, dollar recovers as Trump denies aims to weaken the currency, gold falls after a run of substantial gains Read More »

Both the U.K. and USA publish their final GDP Q4 results on Friday, both will be closely monitored, for different reasons

Mind The Gap

Both the U.K. and USA statistics agencies publish the last quarter GDP figures for 2017, on Friday January 26th. Both readings will be carefully monitored for any signs of economic weakness, or continued strength, as the year came to a close. The U.K. reading will be carefully watched for further signs that the impending Brexit

Both the U.K. and USA publish their final GDP Q4 results on Friday, both will be closely monitored, for different reasons Read More »

U.S. dollar slumps as USA Treasury Secretary states the currency’s value is too high, U.S. equity markets also whipsaw, due to Stephen Mnuchin’s comments

Morning Roll Call

It’s been a while since a Trump tweet, or statement caused a sell off in the USA market indices or the dollar; the USD slumped versus all of its peers on Wednesday after Stephen Mnuchin, the Treasury Secretary, gave an interview at Davos in which he stated that the dollar was too high. An extraordinary

U.S. dollar slumps as USA Treasury Secretary states the currency’s value is too high, U.S. equity markets also whipsaw, due to Stephen Mnuchin’s comments Read More »

The Elliott wave theory – a metric to identify market sentiment and psychology

Forex Trading Articles

It’s all too easy to dismiss certain indicators as having little use or value, Elliott wave theory has many fans and equally as many detractors. Metrics that attempt to identify market sentiment and psychology will always be treated with skepticism, therefore the precise technical analysts in our community, will always question the value and validity

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Focus will be on Mario Draghi on Thursday, when he delivers a statement regarding the ECB’s monetary policy, after the interest rate decision is revealed.

Uncategorized

On Thursday January 25th, at 12:45pm U.K. (GMT) time, the Eurozone’s Central Bank the ECB, will announce their latest decision regarding the E.Z.’s interest rate. Shortly after (at 13:30pm), Mario Draghi, the president of the ECB, will hold a press conference in Frankfurt, to outline the reasons for the decision. He’ll also deliver a statement

Focus will be on Mario Draghi on Thursday, when he delivers a statement regarding the ECB’s monetary policy, after the interest rate decision is revealed. Read More »

GBP/USD reaches 1.40 handle, euro rises on strength of encouraging sentiment data, SPX reaches another record high, oil rises through $64 a barrel.

Morning Roll Call

The U.K. pound finally rose through the 1.400 level versus the U.S. dollar on Tuesday, GBP/USD rose to the critical handle for first time since the Brexit referendum decision was voted for in June 2016. In late trading the currency pair, referred to as cable, was trading at just below the intraday Lehigh at 1.400,

GBP/USD reaches 1.40 handle, euro rises on strength of encouraging sentiment data, SPX reaches another record high, oil rises through $64 a barrel. Read More »

The Swiss National Bank (SNB) as one of the most profitable FX trading firms on the planet

Forex Trading Articles

Over recent days the SNB revealed the profits it made for 2016, yes that’s right you read it correctly; a central bank that makes profits. They don’t quite conduct themselves in the manner of most central banks, such as the Fed, ECB and the BoE. Not only does the bank invest/speculate on currency movements, it

The Swiss National Bank (SNB) as one of the most profitable FX trading firms on the planet Read More »

USA equities spike to record highs as Federal government spending shutdown is overcome, GBP/USD rises to near the 1.400 handle, due to Brexit optimism

Morning Roll Call

Investors in U.S. markets have ignored the Federal government shutdown; the DJIA and SPX rose to record highs as the first day of the shutdown began on Friday, the general mood of optimism continued through to Monday, as U.S. markets reached new record highs. The DJIA closed up 0.55% and the SPX up 0.81%, with

USA equities spike to record highs as Federal government spending shutdown is overcome, GBP/USD rises to near the 1.400 handle, due to Brexit optimism Read More »

Will USA equity markets ignore the Federal government shutdown and continue to rise to new record highs?

Morning Roll Call

As widely predicted; the USA markets ignored the impending and then actual Federal government shutdown and roared to new record highs, the SPX market breached the 2,800 level for the first time in history on Friday and is now up over 5% in 2018, whilst the DJIA ended the week up 0.21% at the close

Will USA equity markets ignore the Federal government shutdown and continue to rise to new record highs? Read More »