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Nov 14, 13 •
2970 Views •
Morning Roll Call •
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Comments Off on Euro drops as ECB hints at possible negative rates or QE, then rises as Janet Yellen testifies
The ECB cut interest rates to 0.25% last week and kept the deposit rate at zero. The euro came under pressure on Wednesday after an ECB board member, Peter Praet, hinted the central bank could authorise negative interest rates, or buying assets from banks in...
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Nov 13, 13 •
2954 Views •
Mind The Gap •
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Comments Off on UK unemployment falls to 7.6% causing analysts to wonder if the UK BoE’s MPC will raise interest rates sooner rather than later.
The UK’s ONS has published its latest unemployment number and on face value the numbers look good and are adding fuel to the belief that, once a level of unemployment of 7% is reached, the BoE governor Mark Carney may have the ‘green light’...
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Nov 13, 13 •
3656 Views •
Between the lines •
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Comments Off on Back testing your way to discovering a high probability set up and edge
How far into the past should you actually ‘back-test’ a method you’re convinced has a chance of working live in the market? This is a question high on the majority of traders’ agenda. Many experienced traders would immediately suggest...
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Nov 13, 13 •
4882 Views •
Morning Roll Call •
admin
Comments Off on The UK low inflation figures only tell half the story…
The UK’s inflation figures were the surprise statistic of the day on Tuesday, and coming in below expectation caused a quick calculation (by many in the analyst community) that the BoE MPC would not be raising interest rates any time soon, causing an...
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Nov 12, 13 •
7121 Views •
Mind The Gap •
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Comments Off on Germany’s inflation reaches a three year low, UK’s falls to 2.2%, as Asmussen says ECB has not yet reached limit on “what it can do” on interest rates…
After the ECB’s base rate cut of 0.25% last week many analysts, including yours truly, believed that the ECB wouldn’t stop there and would pile on the rhetoric and deliver threatening narrative of more interest rate cuts in order to weaken the...
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Nov 12, 13 •
16053 Views •
Between the lines, Featured Articles •
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Comments Off on Can you actually live off trading FX? When reality bites and hurts…
There are many reasons we enter retail trading and there are certain constants, that run through our decision making process eventually leading us into trading as a potential livelihood or hobby. Perhaps the single biggest reason we enter retail trading is to...
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Nov 12, 13 •
7348 Views •
Morning Roll Call •
admin
Comments Off on EC may probe the German trade surplus, whilst UK inflation may fall to 2.5%
Britain’s inflation rate could drop to a six-month low when the monthly measure of the cost of living is released this morning. Many analysts are predicting that the UK’s Consumer Prices Index will drop to 2.5% in October, down from 2.7% in...
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Nov 11, 13 •
4124 Views •
Mind The Gap •
admin
Comments Off on Is Japan’s economic policy beginning to reap rewards?
In a relatively quiet news day, due to the USA and Canada markets being closed for a bank holiday, the Greek parliament no confidence vote ended in a damp squib for the party that brought the motion. Japan’s current account balance was boosted massively...
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Nov 11, 13 •
4102 Views •
Is The Trend Still Your Friend •
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Comments Off on Trend analysis for the week beginning November 10th
We begin our analysis with a detailed analysis of the upcoming fundamental policy and high impact news events that will affect the coming week’s trading sessions. Thereafter we’ll move onto technical analysis using the most commonly favoured...
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Nov 8, 13 •
7196 Views •
Mind The Gap •
admin
Comments Off on Investors’ attention switches to the USA NFP print, whilst France’s credit rating is lowered by Standard & Poor’s
The USA non farm payroll (NFP) print will take centre stage in terms of high impact news events this afternoon. The expectation is for a print of circa 121K for the month of October. Various talking heads in the mainstream financial press will look to place...