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Jul 18, 19 •
2784 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity indices register a second day of losses as investors seek refuge in gold as a safe haven
Various factors have conspired to prevent U.S. equity markets reaching new record highs over recent sessions. President Trump reigniting the tariff war threats versus China and profit taking have stalled the previous, consistent rises. However, earnings...
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Jul 17, 19 •
2346 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on WTI oil slumps as U.S. administration hints it might negotiate with Iran, U.S. equities end risk-on period
WTI oil slumped by circa 4.0% at one stage during the New York trading session after Iran’s foreign minister talked about a “path to new talks” and President Trump stated in a cabinet meeting on Tuesday that he’s “not looking for regime change” in...
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Jul 16, 19 •
2114 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity markets struggle for a reason to break higher, USD makes gains but trades in narrow ranges versus its main peers
Investors and traders of USA equities struggled to discover renewed justification to push the leading indices above the recent highs during Monday’s New York session, at 19:00pm U.K. time the SPX traded down -0.10% as the NASDAQ tech-index traded up 0.04%...
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Jul 15, 19 •
2097 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Will U.S. equity indices continue to reach record highs at the expense of the U.S. dollar?
The U.S. equity markets maintained their gravity defying rises last week as the DJIA, SPX and NASDAQ indices all continued to take out record highs. It’s worth noting that the DJIA finally broke through the 20,000 level in January 2017 and here we are,...
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Jul 12, 19 •
1572 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on DJIA breaches record 27,000 as U.S. deficit misses forecasts
The dislocation between the record rises in U.S. equity indices and various aspects of what could be termed “the real economy” in America continues. Many analysts have cited that outflows from the wider markets, such as from hedge funds, are at levels not...
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Jul 11, 19 •
1642 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar sells off as equity indices rise after Jerome Powell’s testimony
The SPX equity index broke through the psychological handle of 3,000 for the first time in its history on Wednesday before Jerome Powell actually delivered his testimony, during the first day of his two-day appearance in front of the finance committee panel...
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Jul 10, 19 •
1490 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar registers gains across the board as sterling slumps and U.S. equity indices have mixed session
GPB/USD slumped to a two year low during Tuesday’s trading sessions printing a low of 1.243, a level not witnessed since Q2 of 2017. The major pair traded in a clearly defined bearish trend, breaching the third level of support and at 20:50pm U.K. time the...
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Jul 9, 19 •
1574 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on FX markets trade in narrow ranges with an absence of price action, leaving many FX traders frustrated and benched
Forex traders experienced frustration during Monday’s trading sessions as price action amongst the majority of currency pairs was thin on the ground. Price of the major currency pairs mostly traded in narrow ranges, moving sideways and offering up very...
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Jul 8, 19 •
1483 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on The USA and U.K. will be the focus for high impact calendar events this week.
The U.S. equity markets suffered a minor and temporary blip on Friday July 5th after the surprise NFP job creation number for June beat forecasts by some distance, the report suggested that the USA is currently experiencing a boom in employment prospects....
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Jun 4, 19 •
3065 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Gold rises to highest level since February, markets begin pricing in FOMC rate cuts in 2019, FAANGS lose their bite.
XAU/USD rose through the $1,330 per ounce level for the first time in several months, during Monday’s trading sessions. Investors and traders sought solace and refuge in the precious metal and other safe haven assets, due to the continued nervousness...
