Jovana Pribic

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.

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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 2.25% as a consequence of the relief rally, despite certain trade metics for China missing forecasts. […]

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. Read More »

Why FX traders need to monitor the FOMC rate decision and Jerome Powell’s subsequent press conference statement

Forex Trading Articles

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 in no change to the rate, according to the Reuters and Bloomberg news

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Sterling crashes in late evening trading as U.K. Parliament votes to make no deal Brexit most likely

Morning Roll Call

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 be ripped up, with the backstop removed. The backstop is a mechanism

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Don’t suffer the curse of overtrading, when simple remedies are within reach

Forex Trading Articles

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 organisation took time out to analyse the industry and came to the conclusion

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Global stock markets sell off as USA-China trade talks near, oil slumps on inventory rise.

Morning Roll Call

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%. General concerns still linger for European market investors, dampening overall

Global stock markets sell off as USA-China trade talks near, oil slumps on inventory rise. Read More »

USD comes under scrutiny, as FX traders begin to turn their attention to the FOMC meeting this week.

Morning Roll Call

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 place between January 29th-30th. Versus CHF, JPY, CAD and both the Australasian

USD comes under scrutiny, as FX traders begin to turn their attention to the FOMC meeting this week. Read More »

FX traders remain focused on sterling, as the Brexit debate returns to Parliament this week.

Market Commentaries

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 appears to have been sustained, by the increased value of sterling versus its main peers, over recent

FX traders remain focused on sterling, as the Brexit debate returns to Parliament this week. Read More »

Dollar in Fed’s cross hairs, struggles near one-week low as rates signal awaited

Morning Roll Call

(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 franc held a firm tone in early Asian trade as an overnight plunge in oil

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Dollar buoyed by Fed expectations, trade tensions support safe haven bids

Morning Roll Call

(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 dollar has been under pressure in recent weeks on signs the Fed might slow the

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