Cable in consolidation ahead of BOE
The positive sentiment towards the British pound as the result of much better than expected PMI data earlier this month appears to have run its course, […]
The positive sentiment towards the British pound as the result of much better than expected PMI data earlier this month appears to have run its course, […]
With the markets awash with rumour and speculation concerning the Bank of Japan and its plans to reduce rates still further, and into negative territory, […]
With the brouhaha in Washington continuing to dominate both the financial and main stream media, and the deadline for a technical US default drawing ever […]
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought […]
The new trading week and month has started on a very sour note, as markets begin to digest the implications of the impasse currently underway […]
An interesting phase of price action is now developing on the weekly chart for the AUD/USD, and many forex traders are now asking whether the […]
If you were wondering what was happening with the USD/JPY, then a glance at the weekly chart for the currency pair would provide you with […]
The FED’s decision not to announce the start of its taper program caught out many market participants, which is odd, as even a cursory glance […]
At the beginning of a new trading week it’s sometimes useful to step back and consider the dominant trend on a longer time frame, and […]
Given last week’s flip flopping in the markets following the FED’s decision to postpone tapering, it’s always useful to take a look at a key […]
As I mentioned in my podcast at the start of the week, this was one which was likely to be characterised by some volatile, but […]
It was generally assumed that last Friday’s Non Farm Payroll release would mark the beginning of the end of the FED’s bond buying program, as […]
As regular readers will know, I along with many other market commentators was expecting last week to be a pivotal one, given the interest rate […]
Last week’s trading in the US dollar could best be described as ‘after the Lord Mayor’s show’! As traders, investors or speculators, we had all […]
Ahead of today’s first non farm payroll numbers of the last quarter it’s ironic to think that a forecast of 178k is supposed to […]
A day for pausing and reflection on the Yen index following Gov Kuroda’s comments earlier this week, and ahead of today’s non farm payroll data. […]
Following an extended period of sideways price action in the 96 to 98.50 region, which lasted throughout much of August, the usdjpy has finally found […]
As one month ends, so another starts, and in particular it’s the traditional Labor Day celebration tomorrow in the US which marks the end of […]
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