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May 17, 19 •
3028 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling falls to four month lows versus peers as Tory government chaos continues, U.S. dollar rises versus major peers as U.S. equities rise for third session in series.
Sterling sold off versus several peers during Thursday’s sessions as the Brexit debacle enters new realms of farce, which are now threatening the very governance of the U.K. The day’s drama involved Theresa May appearing before a committee to encourage...
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May 16, 19 •
2477 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Euro rises as Trump administration delays auto import tariffs, sterling slumps as Brexit deadlock enters new phase.
The euro rose versus several of its peers during Wednesday’s afternoon trading session, after Trump took to social media to announce that he may delay the implementation of auto import tariffs of 25%, on autos from Europe, for six months. Such an...
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May 15, 19 •
2770 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on GBP/USD slips to two week low as employment growth stalls, euro falls as prime minister of Italy Salvini stated the country could break E.Z. funding rules to spur employment growth.
Despite unemployment in the U.K. falling to multi decade lows of 3.9%, as revealed by the figures released by the ONS on Tuesday May 14th, the lack of actual employment growth in the U.K. is of concern to analysts, as it may indicate several issues. Many...
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May 14, 19 •
3112 Views •
Market Commentaries, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity markets slump as China responds versus tariff threats, JPY and XAU rise as risk off sentiment causes safe haven appeal to increase.
Chinese officials have remained conspicuously silent and dignified, during the social media onslaught the country has experienced from President Trump, over recent weekends. Trump took to his preferred method of communication (Twitter) on Sunday, to once...
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May 13, 19 •
2648 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on GDP and soft sentiment figures for both Germany and the Eurozone, will reveal the strength of the wider area’s economic performance over recent months.
The economic calendar on Monday begins with home loans and investment loans data for Australia, early in the Sydney-Asian session, readings which may impact on the value of the Aussie dollar, a ripple effect which could continue into the London-European...
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May 10, 19 •
3483 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on USA equity markets recover after a significant sell off during the early part of the New York session on Thursday, U.S. dollar rises versus several peers.
U.S. equity indices recovered late on in the New York session, as President Trump rowed back from his threat to apply tariffs, of up to 25% on Chinese imports, starting from Friday May 10th. After the DJIA had plunged by over 400 points during the early part...
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May 9, 19 •
2216 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling slips as talks between the main U.K. political parties look close to collapse, U.S. dollar trades in tight ranges, as markets await news on China-USA trade situation.
The U.K. pound slipped versus several of its peers, during Wednesday’s trading sessions, as Brexit issues resurfaced after a period of relatively subdued discussion in the mainstream, financial press. After receiving a reprieve from the original March 29th...
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May 8, 19 •
2325 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity markets slump as global trade fears grip markets, due to USA tariff increases which are set to begin on Friday May 10th.
After Trump’s weekend threats versus China; to raise tariffs on $200b of imports from 10% to 25% beginning this Friday, the U.S. and Eurozone markets adjustment during Monday’s sessions was relatively contained, after Chinese markets sold off by the...
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May 7, 19 •
2633 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Global equity markets stop the initial rout, caused by Trump social media tariff threats versus China, USD rises in New York session.
The main Chinese equity markets sold off by circa 5% during the Asian session on Monday morning, as the Shanghai Composite and CSI equity indices fell by their largest amount in over three years. After recent reports of supposed, gradual concessions, being...
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May 6, 19 •
3445 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Interest rate decisions dominate the economic calendar during the trading week.
The week begins with a relatively quiet day on Monday for calendar events, as the U.K. banking system is closed (on Monday only) for the May bank holiday. Therefore, trading in forex, particularly in GBP related pairs, could experience less volume during the...