Daily Market Review – 15.1.2019
Europe All eyes are on London this morning as Parliament gets set to vote on Theresa May’s Brexit deal at 7 PM UK time. Expectations are for a defeat; the…
Rise of the USD – How high can it go with
Rise of the USD – How high can it go with. Watch the clip on CNBC
Don’t be Fooled by the Pullback in the Dollar Because….
Don’t be fooled by the pullback in the U.S. dollar today because the greenback could still strengthen further before the end of the year. Nearly all of the major currencies…
Japanese Yen In "No Man’s Land." When will the BOJ Intervene to stop its rise?
This, according to a hedge fund manager that has decided to cancel all of his fund’s bearish bets on the Japanese Yen. The reason: the yen is rising, and it’s…
DailyFX Poll: Which Successor to PM May Would be Most Positive for GBP?
DailyFX has conducted a Twitter poll to find out which possible successor to UK Prime Minister Theresa May would be the most positive for Sterling. The results were surprising.
How to Trade Forex Without Watching the News – DailyForex.com
How to Trade Forex Without Watching the News DailyForex.comOne of the biggest misnomers that traders will run into when they start to trade Forex is the fact that “news matters.”…
Squawk: W7 #FX daily update: #USD 1.39 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #CHF 0.26 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}?…
W7 #FX daily update: #USD 1.39 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #CHF 0.26 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #NZD 0.24 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #CAD 0.12 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #EUR 0.02 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #JPY -0.16 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #AUD -0.83 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #GBP -1.02 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #MOFuturesFX
US Dollar Techs, Fundamentals at Odds; Important Day for Gold
Signs that the US-China trade negotiations have hit a snag plus seemingly inexplicably weak US economic data have the DXY Index working on a doji on Thursday.
Is it Possible to Trade Forex Part-time?
This week, I came across an article in the San Francisco Gate (which, incidentally, has really ramped up its forex coverage over the last year) that addressed this very topic.…
Surprisingly Strong Money Flow to Start 2018
We’re back from a blogging sabbatical! We’re back to our regular daily posting and updates. What a better way to start back with a broad picture of the surprising and…
Oil Risks Range-Bound Prices as Bullish Series Snaps
The failed attempt to test the monthly-high ($55.75) may generate range-bound conditions for crude as oil prices snap the bullish series from earlier this week.
Signs of Topping in the Consumer Credit Cycle
Don’t bother counting me in the camp that thinks they can predict when the next recession will hit. The current consensus from those who try to do such things seems…
HSBC forex trading costs cut sharply by blockchain – executive – Reuters
HSBC forex trading costs cut sharply by blockchain - executive ReutersLONDON (Reuters) - HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system,…
WSJ Wealth Adviser Briefing: Unicorn Investments, Carbon Risk in Pensions, Biking in Hawaii
Charles Schwab and Fidelity Investments are making hundreds more exchange-traded funds free to trade on their platforms –the latest salvo in a battle that has dragged prices lower on everything…
Squawk: Friday February 15 #FX technical sentiment: #AUDCHF ? #EURCHF ?…
Friday February 15 #FX technical sentiment: #AUDCHF ? #EURCHF ? #AUDJPY ? #CADCHF ?(CONTRARIAN) #MOFuturesFX
Why So-So Nvidia Earnings Look So Good
Depending on which estimate of expected earnings per share you look at, Nvidia either missed by a mile or cruised past by two miles. Investors seem to prefer the latter.
LA area Port Traffic in January; Imports Up YoY, Exports Down
Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about…
Sterling Weekly Price Outlook: GBP/USD Breakdown Facing Key Support
A three-week decline in the British Pound has taken price back into critical support at the yearly open. Here are the levels that matter on the GBP/USD weekly chart.
Join Me at the World Money Show Orlando this February
It’s rapidly approaching and really will be here before you know it! Don’t hesitate! We’ll be looking forward to seeing you! I’m excited about this opportunity to share some of…