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May 15, 19 •
2421 Views •
Uncategorized •
Jovana Pribic
Comments Off on Chinese equity markets rise sharply, despite the publication of data which missed forecasts, German GDP missed annual growth target, Major FX pairs trade in tight ranges.
The Shanghai Composite and CSI indices closed up during Wednesday’s trading sessions, coming after the China-USA trade war and tariff rhetoric from America, was dialled down during Tuesday’s trading sessions. The Shanghai closed up 1.91% and the CSI up...
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Jan 30, 19 •
1313 Views •
Forex Trading Articles •
Jovana Pribic
Comments Off on Why FX traders need to monitor the FOMC rate decision and Jerome Powell’s subsequent press conference statement
On Wednesday January 30th, at 7:00pm U.K. time, the FOMC (Federal Open Market Committee) will reveal its decision regarding the key interest rate for the USA economy. The current rate is 2.5% and this highly anticipated calendar event, is forecast to result...
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Jan 30, 19 •
1302 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling crashes in late evening trading as U.K. Parliament votes to make no deal Brexit most likely
GBP/USD gave up its weekly gains during the late evening trading session on Tuesday, as the U.K. Parliament voted in favour of a political amendment, which will empower the U.K. government to approach the European Union, to ask for the withdrawal agreement to...
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Jan 29, 19 •
1391 Views •
Forex Trading Articles •
Jovana Pribic
Comments Off on Don’t suffer the curse of overtrading, when simple remedies are within reach
Traders who trade with European based FX brokers have had to adopt their trading behaviour significantly, after the ESMA ruling came into force in 2018. The rules and new framework that ESMA introduced were, in their opinion, designed to protect traders. The...
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Jan 29, 19 •
1360 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Global stock markets sell off as USA-China trade talks near, oil slumps on inventory rise.
Bearish trading in Europe set the tone for Western Hemisphere equities trading on Monday, the main markets in the: U.K., France and Germany all closed sharply down. The U.K. FTSE 100 ended the day down 0.91%, with the DAX ending the trading day down 0.63%....
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Jan 28, 19 •
1415 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USD comes under scrutiny, as FX traders begin to turn their attention to the FOMC meeting this week.
The U.S. dollar continued to lose further ground versus several of its main peers during the overnight Asian session and the early hours after the London open, as investors and traders turned their attention to the FOMC rate setting meeting, scheduled to take...
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Jan 28, 19 •
1423 Views •
Market Commentaries •
Jovana Pribic
Comments Off on FX traders remain focused on sterling, as the Brexit debate returns to Parliament this week.
Sterling has come under increasingly sharp focus recently, as the U.K.’s divorce from the European Union approaches; scheduled for March 29th 2019. The FX market is often referred to as “reactive”, as opposed to “predictive” and that description...
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Dec 19, 18 •
1763 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar in Fed’s cross hairs, struggles near one-week low as rates signal awaited
(Reuters) – The dollar languished close to one-week lows on Wednesday as investors wagered the Federal Reserve would slow the pace of U.S. monetary tightening after its keenly-watched policy meeting later in the day. The safe-haven yen and the Swiss...
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Dec 18, 18 •
1588 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar on edge before Fed meet, all eyes on policy outlook
(Reuters) – The dollar was fragile in Asian trade on Tuesday as markets speculated growth worries will prompt the Federal Reserve to signal a pause to its monetary tightening cycle at this week’s meeting. Asian equities were hit hard after a rout...
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Nov 28, 18 •
1768 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar buoyed by Fed expectations, trade tensions support safe haven bids
(Reuters) – The dollar held near two-week highs on Wednesday, as concerns about Sino-U.S. trade tensions propped up safe haven currencies and as investors awaited cues from the U.S. Federal Reserve on the path of future interest rate increases. The...
