Currency markets were slightly subdued this week with major pairs trading in a wide range as investors awaited the next macro release. Stocks oscillated between losses and gains as the conflicting combination of oil price volatility and rising earnings left investors on edge. Sterling remains pressured by the hard Brexit fears while Oil stumbled after […]
Financial markets may be exposed to explosive levels of volatility in the coming weeks as uncertainty mounts ahead of the US presidential election. There are many opportunities which could entice traders to jump into the markets to grab a piece of the pie. The Donald trump trade – USD/MXN may seize the limelight as most […]
Dollar bulls were unleashed on Wednesday following the hawkish FOMC meeting minutes for September which reinforced expectations over the Fed raising US interest rates in 2016. The Sterling was pressured this week with the GBPUSD crashing to levels not seen in a generation as the Hard #Brexit jitters enticed sellers to attack. WTI Crude displayed […]
Why did the pound “flash crash”? Several theories have emerged about why the British pound tumbled from about $1.26 against the US dollar to about $1.18 in just two minutes on Friday morning, but we may never know the precise reason despite the Bank of England looking into the cause. Foreign exchange markets are complex. […]
Gold tumbled to fresh three-month lows this week as the awful combination of Dollar strength and revived expectations over the Fed raising US rates in December encouraged sellers to attack. WTI Crude was uplifted further following the rising optimism over OPEC securing a freeze deal in November. The Brexit jitters continue to punish the Sterling […]
Financial markets may receive a welcome boost this week if the combination of easing Deutsche bank anxieties and rising oil prices bolster investor risk sentiment. Sterling remains pressured by the Brexit anxieties with the GBPUSD sinking to fresh 31 year lows. Dollar sensitivity remains a recurrent theme as expectations over the Fed raising US interest […]
Stock markets traded lower on Thursday following the sharp decline in oil prices which weighed heavily on investor risk sentiment. The shocking rise in US crude stock piles rekindled concerns over the excessive oversupply of oil in the markets. Sterling continues to be dogged by the post Brexit anxieties while Dollar remains unstable as US […]
Stock markets staged an incredible rebound on Monday following the dovish comments from Fed officials which quelled expectations of the Fed taking action this year. With expectations fluctuating over the central bank raising US rates, the Dollar was flung onto a chaotic roller coaster ride. Sterling still remains somewhat pressured by the post-Brexit concerns. In […]
Sterling was left open to steep losses on Wednesday following the mixed manufacturing and production report which rekindled concerns over the health of the UK economy. The Dollar has lost its title of king and remains under pressure as expectations fade of the Fed taking action in September. In the commodities arena Crude Oil lurched […]
Oil price volatility rattled the markets on Monday after Russia and Saudi Arabia pledged to stabilize the saturated oil markets. Dollar weakness is still a key theme following August’s soft NFP report which dented expectations over the Fed taking action in September. The Sterling surged with ferocity following the string of positive UK data which […]
Dollar bulls rattled the financial markets following the firm ADP report of 177k which reinforced expectations of the Fed taking action in 2016. The Sterling remains dogged by the persistent Brexit uncertainty with bears attacking at any given opportunity. A resurgent Dollar continues to punish Gold with the commodity sinking below $1315. In regards to […]
Financial markets were injected with explosive levels of volatility last week following Janet Yellen’s hawkish comments which renewed expectations over the Fed raising US rates in 2016. With Dollar strength becoming a recurrent theme amid renewed rate hike hopes, Gold and Oil were pressured. Anticipation continues to mount ahead of Fridays NFP report which could […]
Markets ranged this week as anticipation mounts ahead of Friday’s Jackson Hole which most hope could provide some clarity on US rate hike timings. The fluctuating expectations over if the Fed will take action or not has left the Dollar vulnerable to losses this week. Sterling was provided an uplift from the string of positive […]
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Investors were left disappointed on Wednesday following the lackluster FOMC minutes which failed to provide additional clarity on when the Fed may raise US rates. Dollar sensitivity has become a dominant theme and this could persist as rate hike expectations fluctuate. Sterling traded higher this week following the positive domestic data which quelled concerns over […]
The Dollar has been on a chaotic roller coaster ride with prices violently swinging between losses and gains as expectations fluctuate over the Federal Reserve raising US rates in 2016. Global stocks have displayed some exhaustion following the depressed oil prices which soured risk appetite. WTI Crude remains heavily pressure and may be poised for […]
Global markets were injected with explosive levels of volatility as the combination of central bank intervention and impressive US data elevated investor sentiment. The Bank of England cut UK interest rates to record lows of 0.25% while NFP exceeded expectations at 255k. Global stocks have edged higher with the risk-on trading environment encouraging investors to […]
Global stocks were left vulnerable to losses this week following the sharp decline in oil prices which weighed on investor sentiment. It seems WTI bears are back and with oil sinking into a bear market, sellers could exploit this opportunity to attack further. Dollar weakness is visible in the markets with optimism slowing fading over […]
Stock markets displayed some signs of exhaustion on Tuesday as the fading optimism over a massive stimulus move from the Bank of Japan repelled investors from riskier assets. Dollar bulls may be back in town following the positive string of US economic data that has bolstered expectations of a possible US rate hike. In the […]
Global markets have been on a chaotic roller coaster ride with stocks surging, dollar hitting 4 month highs and gold declining as the combination of easing Brexit anxieties, fears over slowing growth and central bank cautions weighs on sentiment. The main focus today will be the ECB meeting which is expected to conclude without any […]
Stock markets have displayed an incredible rally as the combination of easing Brexit anxieties and stabilizing China data bolstered investor risk appetite. Dollar bulls could be back in town following the impressive employment report, firm retail sales and solid CPI that have boosted expectations of a potential US rate hike in 2016. In the commodity […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 15th session. EUR/USD — We tried to rally initially during the day, but turned right back around to form a shooting star candlestick on Thursday, I think we continue to consolidate basically between the 1.12 and 1.10 levels with a negative bias. So, I like selling short-term selling rallies. I think that eventually all of the chaos in Europe — […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 14th session. EUR/USD — As you can see, the euro initially rallied during the course of the trading session on Wednesday. With that being the case, it looks there is a lot of noise above that could really kind of push this pair down. With this, I think that the 1.12 and 1.10 levels form the band in which we […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 13th session. EUR/USD — We initially tried to rally during the course of the day. We turned right back around to form a shooting star and the 1.12 level above is essentially the ceiling. It is not until we get above the previous uptrend line, we could go much higher. At this point, I think the 1.10 level […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 12th session. EUR/USD — We did fall initially, but we bounced enough to form a hammer. Now, having said that, I think we are still very much consolidated with 1.12 as the ceiling and 1.10 as the floor. I think any rally that shows signs of exhaustion, I am willing to sell, because the EU has obviously lots […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 11th session. EUR/USD — We went back and forth during the day in a rather volatile session. That is pretty common when it comes to Non Farm Payroll Friday. The jobs number was stronger than anticipated and therefore I think we are going to favor the US dollar. Also, there exists so much concern in the European […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 8th session. EUR/USD — Today is the Non Farm Payroll Friday and you can see that we have drifted a little bit lower during the day on Thursday. But really I think we are just kind of meandering in this area waiting for the announcement. I am not willing to buy this pair until we get a close […]
Stock markets were placed on a chaotic roller coaster ride as the horrible combination of ongoing Brexit woes, concerns over slowing global growth and optimism over central bank intervention created explosive levels of volatility. The Brexit is still the main theme in the global markets with the Sterling left vulnerable to losses. Dollar weakness could […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the July 1st session. EUR/USD — We fell a bit and then bounced to form a hammer. I still think this previous uptrend line is going to act as resistance. Also, we have resistance at 1.11. So we have to wait and see, if we can break this uptrend line to the upside and aim for 1.1350. On the other hand, if we […]
In this video, the Trader Guy looks at the currency pairs, EUR/USD and GBP/USD for the June 30th session. EUR/USD — We initially fell and then turned right back around to rally during the tradion session on Wednesday. It looks like we are testing this prevoius uptrend line. At this point in time, there is also a considerable amount of interest at the 1.11 level as it has been previously supportive. So, on an exhaustive […]
