A Difficult Week to Make Money
Support and resistances becoming a little blurred
So far this week we have seen the type of market where retail traders blame banks for “sniffing...
GBP/USD Tests 1.2900 After Weak PMI Data
The drop in PMI services for June was not related to the Eurozone alone. According to the data released after 10:30 am, the UK...
More of the Same
Market drivers to remain unchanged in Q1
The announcement of the date for the Italian Government Elections which will be held on March 4th merely...
Sterling Fall Accelerating
Return of liquidity brings further selling
When traders get the view that there is absolutely no reason to buy a currency they tend to make...
Hawkish Yellen drives Dollar Higher
Rate Hikes not data dependent
In a speech yesterday designed to provide advance guidance not just for Fed actions in Q4 but going forward into...
Currency Commentary -Dollar Shows Signs of Weakness
A slightly weaker data from the American real estate market and the problems of Chinese authorities to maintain adequate liquidity in the Yuan have...
The Morning Market Overview – Everyone Is Waiting For NFP
The eyes of all investors are directed to the US Department of Labor, which at 14:30 will share data of the condition of the...
We’re Moving to the Blockchain
Hi Everybody,
Hope you had a peaceful weekend.
Every day mankind is finding new uses for the blockchain. Here are a few of the cooler applications...
Powell Confirmation to be Agreed
Likely to follow Yellen's lead, initially
In a prepared testimony for Congress which was delivered yesterday, Fed Chair designate., Jerome Powell, followed the course set...
Marriage? We barely know each other!
Market expressions born from reality
Over the years, the FX market has spawned several expressions (not all of which are printable) which in realty sum...