Market Commentaries

Eventually novice traders begin the laborious task of stripping their charts back to their initial, naked, vanilla appearance. This generally occurs after they’ve experimented with many individual indicators and clusters of indicators in search of a winning formula which could form part of an edge. It takes time to realise how risk and probability will […]

As analysts await Japan’s latest CPI figure to be published in the early part of Friday’s Asian session, the latest import-export figures for the globe’s fourth largest economy indicated that the country is struggling to increase growth. Japan posted a trade surplus of JPY 590 billion in June 2019 compared with a JPY 728 billion

WTI oil slumped by up to 4% yesterday after both Iran officials and President Trump intimated that a negotiation was possible in order to avoid future conflict. Many analysts were surprised by this sudden Trump climbdown, which represents a departure from his usual grand-standing rhetoric. However, no sooner had his remarks; that the USA had

It’s wrongly assumed that many FX brokers operate a short-term view of the retail trading industry. The widely held consensus is that they operate a churn process, in as much as they’re looking to rake in as much as possible from their clients in a short a period of time. The theory of churn is

On Wednesday July 17th several countries’ statistics agencies will publish their latest data on CPI (consumer price inflation). These data releases are usually considered to be high impact calendar events due to their ability to move the markets in the respective countries’ currencies, particularly if the figures beat or miss the news agencies’ forecasts. FX

The two currencies considered to be safe havens for investors and FX traders alike rose during the early trading sessions on Tuesday, as both the Swiss franc and Japanese yen registered gains versus the majority of their peers. The globe’s reserve currency, USD, also rose against its currency peers. At 8:45am U.K. time the dollar

Ambition should always be tempered with reality. When curious and pro-active investors first discover retail forex trading as an initial hobby, it’s inevitable they dream of reaching for the stars. That ambition and vision shouldn’t be discouraged as without it you’d have very little motivation to trade. You enter this industry to become financially independent,

China’s year on year GDP growth came in as forecast by Reuters at 6.4%, the quarterly figure of Q2 did beat the 1.5% forecast by coming in at 1.6%, ahead of the Q1 reading of 1.4%. Analysed in isolation the Q2 figure was the lowest in 27 years, since 1992. The improvement between the Q1

Over the past 24 hours the media has reported that an A.I. robot named “Pluribus” has managed to beat multiple players at Poker. The research was jointly undertaken by Facebook and the Carnegie Mellon University in Pittsburgh, Pennsylvania. Pluribus has been built on the technique originally used to create Libratus, a poker playing A.I. that

Since the June FOMC meeting minutes were released, during Jerome Powell’s delivery of his testimony on Capitol Hill in front of a finance panel, USD has fallen versus its peers as investors and traders have increased their bets that the interest rate will be cut by up to 0.5%, at the culmination of the July