Pre-FOMC Market Behavior and Analysis – September 18, 2019 (Video)
For today’s trading session, market participants were reluctant to place any aggressive bets in dollar-based or dollar-denominated assets ahead of today’s FOMC Monetary Policy Report & corresponding press conference. Despite the release of a few market driving indicators prior to the US Opening Bell, there was still little follow-through in most “majors” as investors […]
Continue readingOil-based Currencies Rally on Middle East Geo-political Conflict
All roads are pointing to safety for most risk-oriented assets following a weekend of geo-political developments in the Middle East, and trade war concerns that boosted demand for safe haven currencies, like the Japanese Yen, the US Dollar, and Swiss Franc. Investors are still uncertain about the market’s reaction and the political outcome of […]
Continue readingNZD/USD Gapped Lower On Geo-Political Risks
There may be a potential sell opportunity forming on the NZD/USD. The kiwi versus the buck (NZD/USD) gapped lower at the start of this week’s trading due to a combination of geo-political risks over the weekend. Weekend events initiated risk averse price action at the weekly open, as investors remain uncertain about the extent of […]
Continue readingGBP/NZD Approaches Supply Zone Ahead of Further Weakness
There may be a potential sell opportunity forming on the GBP/NZD. The pound versus kiwi (GBP/NZD) has been trapped in consolidation for some weeks as shifting headlines concerning Brexit, and the US-China Trade War continue to prolong a mood of uncertainty among investors. But the pair is poised to approach fresh supply at 1.9330/9411, which […]
Continue readingFinancial Markets Recoup Losses On “Call From China”
Heightened concerns over on-going tensions between Uncle Sam and The Red Dragon (US & China) dominated the weekly open, with global equities (Asian Bourses) and emerging market assets gapping lower, due to a handover of risk averse sentiment from last Friday. Global bond yields also slid lower and XAU/USD (Gold) was lifted to a six-year […]
Continue readingJapanese Yen Gains Ahead of Key Event Risk
I hope you’re having a wonderful start to your trading week by being a disciplined trader. During this week’s “Technical Tuesday” Analysis Session, we provide a brief overview of the inter-day price dynamics in the EUR/USD and USD/JPY currency pairs, and offer various trade scenarios with projected targets that could form within the next few […]
Continue readingFundamental Outlook For Week of August 19, 2019
For the week of August 19, 2019, we’re expecting to see a continuation of the summer doldrums that we typically witness during this time of the year, as investors & hedge fund managers take a recess ahead of the final trading quarters of the year. Since the economic docket appears to be sparse during the […]
Continue readingSafe Haven Inflows Dominate Currency Landscape
Safe haven inflows continue to dominate the currency landscape for another trading session, as on-going tensions escalate between the United States and China over a fair trade agreement between the two sovereigns. As trade war fears continue to intensify, global bond yields are tumbling lower, which may signal additional central bank easing to offset the […]
Continue readingFinancial Markets Are Searching For Safer Harbors
The financial markets opened the new week of trading with most transactions in favor of safer harbors. The greenback was on the defensive against most currencies, as risk aversion intensified due to increasing concerns over renewed tensions in the US-China Trade negotiations. Most dollar-denominated pairs, like EUR/USD & AUD/USD, were sustained for most of the […]
Continue readingUS Advanced GDP Reading Underpins US Dollar
Today’s trading webinar began with most dollar-denominated assets lower for the day, but within a mode of brief consolidation & correction ahead of this morning’s US Advanced Q2 GDP data. For a good portion of the trading day, the greenback was the preferred currency to buy, and continued to show strength as a result of […]
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