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Feb 25, 19 •
1609 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 •
1599 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 •
1727 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 •
2000 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Sterling rises on Brexit negotiation optimism, U.S. dollar falls as Chinese trade talks indicate little progress
Market analysts and FX traders were left confused on Tuesday as sterling rose by circa one cent versus the U.S. dollar. The significant move of GBP/USD, by circa 1% during the afternoon’s New York session, crashing the major pair up through the third level...
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Feb 18, 19 •
1614 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on The ongoing China-USA trade talks, Japan’s CPI, the FOMC minutes and a raft of PMIs relating to Europe, are the key high impact calendar events to monitor this week
USA equity markets finished with a flourish on Friday February 15th, the DJIA closed up 1.74% and the SPX up 1.09%. The implementation of a national emergency by Trump, to get funding for his Mexico border wall, was not enough to dent market confidence, as...
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Feb 15, 19 •
1521 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Retail sales crash in the USA, whilst tariff talks with China fail to make breakthrough, causing USA equity indices to give up gains, during the New York session
The latest retail sales data for the USA economy missed the Reuters target by some distance when published. The forecast was for a drop to 0.1%, however, the actual print came in at -1.2% for December, month on month. Analysts and market commentators on...
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Feb 14, 19 •
1569 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on GBP/USD whipsaws in a wide range, due to Brexit and inflation data, CPI for the USA falls due to lower energy costs
On Wednesday morning, the U.K. statistics agency, the ONS, published its latest data series and snapshot, regarding inflation for the U.K. The headline CPI inflation surprised the economists polled by Reuters, coming in at -0.8% for the month of January....
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Feb 13, 19 •
1663 Views •
Forex Trading Articles, Market Commentaries, Morning Roll Call •
Zahir Shah
Comments Off on Risk appetite returns as USA indices recover their December loss, USD falls as dollar safe haven appeal recedes
December 2018 proved to be an unusual and rogue month for USA equity markets, traditionally the markets rally in late December, whilst delivering the infamous Santa rally. But 2018 was different; the key U.S. markets sold off, with the NASDAQ and SPX entering...
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Feb 12, 19 •
2676 Views •
Forex Trading Training, Morning Roll Call •
Zahir Shah
Comments Off on GPB/USD slumps as U.K. GDP contracts and the U.K. government makes no progress on Brexit
The U.K. statistics agency, the ONS, provided a shock statistic for the U.K. economy on Monday morning. The GDP growth came in at -0.4% month on month for December, missing the expectation of 0.00% growth. It should be noted that historically, in an economy...
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Feb 11, 19 •
1595 Views •
Forex Trading Articles, Morning Roll Call •
Zahir Shah
Comments Off on The March 2nd deadline for further Chinese tariffs has come onto investors’ radar, whilst the U.K. ONS publishes the latest data on GDP
Since experiencing a significant slump in December, USA, European and Asian equity indices have made significant recoveries in 2019. The potential resolution, to the ongoing tariff driven trade war between the USA and China, has provided the calm to pour over...