Filtered by date: 31.10.2019. Clear
  • The Spike During the Fed Meeting. What Has Happened?

    I guess core points of the October FOMC decision are well known, and there is no need to repeat them again. So, let’s move on to more interesting details.

  • The Crude Chronicles – Episode 11

    “Phase One” Trade Deal Nearly Ready For Signing According to the latest comments from President Trump the US and China are on course to sign off on the “phase-one” trade deal announced a few weeks ago. Speaking on Monday, Trump told reporters that the two countries were “ahead of schedule” in terms of signing the […]

  • What’s Next with Gold and Euro?

    Today we review the potential future of the gold and Euro.

  • Chart of the Day Bearish USD

    Chart of the Day Bearish USD Bearish USD: The Federal Reserve cut the Fed Funds Rate target range by 25 bps from 1.75- 2% to 1.5-1.75% as widely expected, marking its third reduction in its benchmark rate this year. There was little change in the FOMC statement, but the Fed removed its language of “to […]

  • Daily Market Outlook, October 31, 2019 

    Daily Market Outlook, October 31, 2019  Main Market Themes Daily market outlook: The Federal Reserve cut the Fed Funds Rate target range by 25 bps from 1.75- 2% to 1.5-1.75% as widely expected, marking its third reduction in its benchmark rate this year. There was little change in the FOMC statement, but the Fed removed […]

  • Daily Commodity Currencies: 31 Oct, Thursday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:     USDCAD Technical Analysis:     USDNOK Technical Analysis: Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, […]

  • Chart of the Day Bullish GBPUSD

    Chart of the Day Bullish GBPUSD Bullish GBPUSD: GBP: UK lawmakers voted 438 to 20 in favour of holding an early election on 12 December. This would be the first election held in December since 1923. Amendments to the bill, including an alternative 9 December election date and a lowering of the voting age to […]

  • EU “Addiction” to QE puts a dent on its Efficiency

    Economic confidence in the Eurozone declined in October for a second consecutive month, data showed on Wednesday, as the low spirits in manufacturing spread to services and consumption, which became a bad sign in the growth prospects of the block.

  • UK Headed To The Polls On December 12th

    MP’s Back “Brexmas” Elections The ongoing Brexit saga has taken yet another twist this week, once again adding confusion for traders. Following the EU’s announcement that it has approved the UK’s request to extend Brexit until January 31st, UK parliament last night voted in favour of holding a general election on December 12th. PM Johnson […]

  • Daily Market Outlook, October 30, 2019 

    Daily Market Outlook, October 30, 2019  Main Market Themes UK lawmakers voted 438 to 20 in favour of holding an early election on 12 December. This would be the first election held in December since 1923. Amendments to the bill, including an alternative 9 December election date and a lowering of the voting age to […]

  • Daily Commodity Currencies: 30 Oct, Wednesday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:     USDCAD Technical Analysis: USDNOK Technical Analysis: Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or […]

  • Voting on the UK General Elections: What to Expect from the Pound?

    On Tuesday, British Prime Minister Boris Johnson will try a second time to convince lawmakers to approve early parliamentary elections to break Brexit’s vicious circle.

  • The IndeX Files 29-10-2019

    Indices Rally on FOMC & US-Sino Trade Deal Global equity benchmarks have commenced the week’s trading in a decisive manner with the S&P 500 breaking out to new all-time highs in response to an improved risk outlook among global investors. On Friday, the US Treasury Secretary, alongside the US Trade Representative, met with their Chinese […]

  • Chart of the Day Bearish CADJPY

    Chart of the Day Bearish CADJPY Bearish CADJPY: CAD: The BoC rate decision Wednesday is the data highlight of the week. Regardless of the outlook for easier Fed policy, strong employment growth, higher wages, on target inflation and above expectations growth, mean that policy makers can sit on their hands and await developments, suggesting a […]

  • Precious Metals Monday 29-10-2019

    Gold With a host of central bank rate decisions slated this week, it will be an important week for metals. In the US, the Federal Reserve is widely anticipated to reduce its headline rate by a further 25 basis points this week. If the Fed follows through on these expectations, this should support gold, seeing […]