Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.
The safe haven status of gold appears to have lost it’s shine, whether or not this is a trend, or a temporary loss of faith (as a reversion to the yearly mean takes hold) remains to be seen. Many analysts and commentators have continued to hold polarised views on the precious metals sector; whilst the […]
Fools' Gold? Gold Sits On The 200 Moving Average Read More »
‘Triple Witching’ is an event that occurs when the contracts for stock index futures, stock index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December. This phenomenon is sometimes referred to as “freaky Friday”. The final
Triple Witching On Freaky Friday Can't Put A Spell On A Bad Euro Bet Read More »
The French term Entente Cordiale, translated as “cordial agreement” or “cordial understanding”, was first used in English in 1844 to denote recognition of common interests between the United Kingdom and France. When used today the term almost always denotes the second Entente Cordiale, that is to say the written and partly secret agreement signed in
Sacré Bleu, La Fin De L'Entente Cordiale Read More »
The euro steadied slightly in the morning session hovering at 13000 just off new 11-month lows on Thursday, with investors’ collective eyes fixed on the Swiss National Bank (SNB) meeting to consider its campaign of currency intervention, while a Spanish bond auction will offer more signs on the depth of Europe’s debt crisis. The prospect
Markets Stable For Now Read More »
In November 1959, the Joint Chiefs of Staff created the DEFCON system so that a uniform readiness posture could be prescribed in the various military commands. Since the system was introduced, portions of the U.S. military have been placed at higher readiness levels on numerous instances. The DEFCON level is controlled primarily by the President
RWN (Rating Watch Negative) = Financial DEFCON 2 For France Read More »
UK unemployment has hit a fresh 17-year high after the public sector shed thousands more jobs than anticipated and as many economists predicted the private sector failed to pick up the slack. Youth unemployment increased holding above the record high of over 1 million and the total number of unemployed people rose to 2.64m over
UK Unemployment Reaches Seventeen Year High Read More »
There comes a time when we all begin to sound like our parents. As a father of three, with my teenage Daughter at university in the UK, I’m already a few years into my ‘metamorphosis’. I avoid coming across as a hypocrite and try not to lecture, instead I attempt to “gently persuade”. My eldest
Beware The Hot Air Of The Official Inflation Stats Read More »
European equities have fluctuated in the morning session, following on from yesterday’s sell off as investors await a U.S. report that may show retail sales in the world’s largest economy increased. U.S. index futures have gained marginally, the SPX is up 0.5% as Asian shares fell during the early morning session. The Stoxx Europe 600
Markets Struggle To Find Direction As They Await The Next Rating Agencies Decisions Read More »
The frozen planet series broadcast by the BBC network over recent months has been a revelation. The subject matter and the photography have been first class, the programme is currently one of the favourites amongst UK viewers. Those of us who need some peace and quiet to retire to, when prolefeed such as X factor
Beware The Fake Of The Mainstream Media Read More »
As the UK’s FSA finally released their report on the downfall of RBS in the early hours of this morning many readers will be catapulted back to the days of 2008-2009 when the globe’s financial structure and system appeared to wobble on it’s axis. Despite the credit crunch (as it was termed) being temporarily fixed
The Arrogance And Ignorance Of The Masters Of The Universe Read More »
