Last week was dull! EURUSD traded in a 70-point range, GBPUSD in a 100-point range and USDJPY in a 160-point range (These three currency pairs make up nearly 46 %
Last week was dull! EURUSD traded in a 70-point range, GBPUSD in a 100-point range and USDJPY in a 160-point range (These three currency pairs make up nearly 46 %
This week, I believe, should be relatively volatile from Tuesday onwards. There are all sorts of data releases, including GDP numbers, inflation figures, interest rate announcements and confidence measures, from
Ever heard of the Theory of Reflexivity?
We start the week with many Asian countries celebrating Chinese New Year!
Last week there were 4 significant economic announcements
Last week there were some interesting movements in FX markets post economic data, especially after interest rate announcements which all came in unchanged as expected.
Republican candidate Donald Trump hit the headlines last week, with an emphatic victory in the Iowa caucuses which turned out to be great news for the US$.
The key driver for me in assessing FX markets at the moment is several Central Banks’ rhetorics in almost willing inflation to go down and creating narratives to support this,
For anybody who looks at the global- macro picture to make informed trading decisions then you will be well aware that the key drivers in FX markets are interest rates
It’s rare to have four of the main central banks release interest rates in the same week, but last week we did, with the US, UK, Eurozone and Swiss, all
Let’s start this off with a reason to be cheerful- Dubai will hold the World 2020 expo. Congratulations to Sheikh Mohammed bin Rashid Al Maktoum for his unerring vision and
US President Donald Trump totally dominated last week’s news. He is becoming increasingly isolated, dictatorial and shocking, and his foreign policy tactics are pushing the World towards recession.