Jeremy Hunt’s announcement of a new round of sterling and gilt sales should be considered a welcome development. The Bank of England’s (BoE) latest intervention in the UK government debt market is designed to address the concerns about financial stability and provide a bit of cover for investors. However, it’s not all good news for […]
Traders often use forex spreads as a way to reduce their exposure to risk and boost their returns. However, there are also risks involved in spreading. It is important for traders to understand the pros and cons of this type of trading. While it can be an attractive method for new traders, it can also […]
During the past two years, the Reserve Bank of Australia has held the official cash rate at a record low of 1.5 percent. This is despite an ongoing “trade war” between China and President Donald Trump that has led to financial instability in emerging markets. Among the key drivers for the Australian dollar is its […]
Nasdaq 100 Outlook: Stock Market Rally Fizzles on Fed Monetary Policy JitteThe Nasdaq 100 Outlook: Stock Market Rally Fizzles on Fed Monetary Policy JitteIn January, all major indices posted strong gains and are now trading at or above their 200-day simple moving averages. This positive market breadth was aided by optimistic investor sentiment, based on […]
Indecisive Market Reaction to US CPI BeatBreaking News: Indecisive Market Reaction to US CPI BeatThe annual inflation rate in the United States was down from a record high last month, though still firmly in the grip of the Fed. The CPI rose to 7.7%, the lowest level since January and well below economists’ expectations of […]
Breaking News: PCE Price Index Declines Adding Further Pressure on the US DollarUSD Breaking News: PCE Price Index Declines Adding Further Pressure on the US DollarThe USD rallied to record highs last year and it appears to have hit a ceiling. The Federal Reserve may pause, but it won’t drive the dollar significantly lower, says […]
Crude Oil Testing Multi-Week Resistance on Positive Chinese OutlookCrude Oil Testing Multi-Week Resistance on Positive Chinese OutlookA weaker dollar and optimistic China demand have combined to push crude oil prices higher this week, despite the continued rise in weekly EIA inventories. Amid a broader economic recovery, oil demand is expected to grow by 1.3 million […]
The Yen has been on a tear of late, and there are a few reasons for this. Its latest flurry of activity has been largely attributed to the Bank of Japan’s (BoJ) decision to end QQE early. However, this is not to say that there is a halt in the yen’s progress. Indeed, the yen […]
Candlestick charts are a great way to track price movements and analyze financial markets. They are a simple and useful way to identify trends, but they aren’t foolproof. For this reason, candlesticks are best used with other technical indicators. First, a candlestick chart is like a box with two straight lines at the top and […]
In recent weeks, gold prices have broken important price resistances. This has been a tumultuous year for the precious metal. Its price has fluctuated within a 20% range, and the Fed has been an extremely hawkish force in the market. Although prices have been building a range, recession risk and the Fed rate decision may […]
