Major indices continue their slump taking certain currencies south in tandem China growth concerns, due to the HSBC ‘PMI’ numbers printing short of economists’ expectations, combined with the lingering impact of the FOMC comments of last week, caused a continuation of the sell off in US stock markets witnessed late last week. The DJIA falling […]
Between The Lines, Morning Roll Call Read More »
As always, when we experience a seismic shift in sentiment in the FX market, it always looks so obvious in hindsight. Before we begin to concentrate on what may, or may not be new trends that have developed on our major currency pairs and commodity pairs since the fall out of the FOMC meeting of
A Week Is a Long Time In Forex Trading… Read More »
As always, when we experience a seismic shift in sentiment in the FX market, it always looks so obvious in hindsight. Before we begin to concentrate on what may, or may not be new trends that have developed on our major currency pairs and commodity pairs since the fall out of the FOMC meeting of
Is The Trend Still Your Friend? A Week Is a Long Time In Forex Trading… Read More »
Major indices continue their slump taking certain currencies south in tandem China growth concerns, due to the HSBC 'PMI' numbers printing short of economists' expectations, combined with the lingering impact of the FOMC comments of last week, caused a continuation of the sell off in US stock markets witnessed late last week. The DJIA falling
Between The Lines, Morning Roll Call Read More »
In his speech in Jerusalem he stated; “We will look with an open mind at these measures that are especially effective in our institutional setup and that fall within our mandate. Some of those measures may have unintended consequences. This does not mean that they should not be used, but it does mean that we
Is This a Doji I See Before Me? Read More »
Despite it providing lagging information the COT report, commitment of traders, always provides a fascinating insight into where institutional money views currencies' positions. The Commodity Futures Trading Commission, or CFTC, publishes the Commitment of Traders report (COT) every Friday, around 2:30 pm EST. The COT report measures the net long and short positions taken by
The COT Report Reveals That Traders Are Bullish The Euro Read More »
“We will look with an open mind at these measures that are especially effective in our institutional setup and that fall within our mandate. Some of those measures may have unintended consequences. This does not mean that they should not be used, but it does mean that we need to be aware of those consequences
Is This a Doji I See Before Me? Read More »
IMF approves €657 million bailout tranche for Portugal The International Monetary Fund (IMF) approved the seventh tranche of Portugal’s bailout Wednesday and gave the country more time to meet its budget-cutting goals. The IMF will disburse the next tranche worth €657 million after the successful review of a bailout program that started in 2011. Meanwhile,
Forex Technical & Market Analysis: June 13 2013 Read More »
