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USD Remains Bid Over Quiet Week
USD Still Bid
Over a quiet week, the US dollar traded further to the upside on Tuesday morning. USD index continued to grind higher during the early European session with price moving back above the 98.22 level to trade 98.25 last. There… Read More
NZ Exports & the RBNZ Fallout
Later today, we have an important data release from New Zealand; the bi-weekly GDT Price Index. The figure plays an important role in determining the evolution of the currency. There has also been quite a lot going on lately that needs to… Read More
Trump Calls On Fed To Cut Rates by 1%
Despite coming under widespread criticism for such incidents in the past, Trump has once again publicly declared his views on how he wants the Fed to act. Taking to his favorite medium of Twitter, the US president wrote yesterday that:
… Read More
Canada’s manufacturing sales to rise for a second month?
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.… Read More
Risk Appetite Improves Amid a Quiet Day
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,… Read More
Risk Sentiment Rebounding
USD Higher on Monday
USD has been a little higher this morning, although moves have been limited. The market is expecting a quiet session this week as mid-summer trading lulls kick in. On the data front, there's little to note, aside from… Read More
10 Disaster “No Deal” Brexit Scenarios
Fears over the impact of a “no-deal” Brexit have risen again following the leaked “Yellowhammer” document which details government concerns around the potential fallout of a no-deal Brexit. Here are the top ten takeaways from the report.… Read More
Why Paper Trading Gives Better Results Than Live Trading
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… Read More
Weekly Market Outlook: A Busy Schedule of Events
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… Read More
Investors Cautious as Risk Appetite Returns
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… Read More