2019

The monthly manufacturing sales report from Canada is due for release today. According to economists polled, manufacturing sales numbers are forecast to rise 2.0% on the month in June. This follows a 1.6% increase in May.…
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The markets opened to a quiet trading day with no major fundamentals dictating the flows. Economic data was also limited to that from the eurozone. Meanwhile, the US administration was seen giving China’s Huawei a 90-day grace period,…
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There is a very common and frustrating phenomenon when a budding trader switches from trading a demo to a live account. Their carefully planned trades and tactics suddenly don’t appear to work! Or at least not work as well as they had…
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The economic calendar for the week ahead is expected to remain sparse due to the summer lull. Yet, despite the quiet period ahead, a few economic events will be of interest for market participants. Key events stand out over the week…
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Fears of a recession were overdone last week as a sense of normalcy returned. Equity indices managed to post a modest recovery into Friday’s close. However, concerns continue to keep risk appetite in check. From the inverted yield curve…
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Revenge trading is quite possibly the most counter-intuitive, self-destructive behavioral pattern a Forex trader could ever slip into. And yet, so many investors can often find themselves shackled by this seemingly unstoppable compulsion to…
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Commodity currencies have been in for a bit of a roller coaster lately. And there are some signs in the economic data that show it's likely to continue! For the Aussie and it's Kiwi counterpart, there are quite a few indicators pointing…
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The US monthly building permits data is due for release today. Investors are expecting a rebound in July. The building permits data measures the new privately-owned housing units, authorized by the permits issuing authority. In June,…
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