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Feb 27, 19 •
1562 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Euro falls to a 21 month low versus sterling, GBP/USD reaches five month high, USA equity markets tread water
Sterling was the major focal point in the FX markets, during Tuesday’s trading sessions, GBP/USD traded at a high not seen since September 2018, whilst EUR/GBP fell to a low not witnessed since May 2017. The reason for investors’ bullish sentiment...
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Feb 26, 19 •
1278 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Sterling rises versus peers as U.K. looks to delay Brexit, focus turns to the Fed chair Jerome Powell as he prepares to testify in front of the Senate
The U.K. pound rose versus the majority of its peers from late Monday evening until Tuesday morning’s London-European trading session, as rumours circulated regarding a volte-face by the U.K. prime minister. The rumours were two fold, firstly; that Mrs. May...
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Feb 26, 19 •
1511 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Oil slumps, USA indices continue the China trade rally, yen slips, U.K. Labour Party calls for second referendum vote
Risk on appetite returned to the global markets on Monday, after President Trump agreed to postpone the March 1st deadline, as the introduction date for 25% tariffs, on $200b of Chinese imports. After Chinese markets closed up between 5.5-6.5% on Monday,...
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Feb 25, 19 •
1409 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Sterling under focus as talks of Brexit delays heighten, Chinese equity markets rally on news Trump has postponed tariffs
Chinese equity market indices, printed fresh yearly highs across the board, during the Sydney-Asian trading sessions, as news that the Trump administration had postponed the 25% tariffs on Chinese imports, filtered through to investors. The Shanghai Composite...
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Feb 25, 19 •
1605 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Resolutions to the issues of Brexit and the China-USA trade wars were anticipated this week, but investors’ hopes may be left hanging
Several global political issues, which are having a demonstrable impact on the global economy, could reach their nadirs, during the trading week beginning Sunday February 24th. Namely; Brexit and the China-USA trade/tariff talks. Friday March 1st is the date...
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Feb 22, 19 •
1518 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Aussie dollar stabilises, U.S. dollar trades in narrow ranges after Thursday’s soft data, sterling susceptible to breaking Brexit news on an daily basis
After plunging by over one percent versus several of its peers during Thursday’s trading sessions, due to certain Chinese ports locking out the delivery of Australia’s coal, the Aussie dollar appeared to have found a capped, sell off level, during the...
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Feb 22, 19 •
1595 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Aussie dollar continues its plunge after Chinese port lockouts, sterling whipsaws in tight ranges as Brexit begins to get critical
The Aussie dollar crashed in value versus its peers during the Sydney and Asian trading sessions, after certain Chinese port authorities began to refuse the entry of Australia’s coal into China. Other than iron ore, coal is Australia’s largest export...
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Feb 21, 19 •
1544 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Aussie and Kiwi dollars slump during Asian trading session, sterling strengthens after chancellor Hammond’s comments
In the Sydney trading session the Aussie dollar initially rose versus its main peers, as the latest positive jobs and unemployment data was released. The unemployment rate remained at 5%, the economy added double the amount of jobs forecast at 31.9k, whilst...
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Feb 21, 19 •
1723 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on U.S. dollar rises after FOMC minutes are published, sterling comes under scrutiny as Tory MPs resign
The U.S. dollar rose versus yen during the latter part of the New York session, after the minutes of the FOMC January rate setting and monetary policy meeting were published. The overall consensus, reached by the FX analyst community after the publication was...
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Feb 20, 19 •
1666 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Thursday February 21st is a busy day for calendar events, which FX traders should carefully monitor
After a relatively quiet period for medium to high impact calendar events over recent days, Thursday 21st of February will witness many significant publications being released. Releases that could move the markets in the currencies the data relates to....