Huge Day/Night of Data out Today – Forex Trading News – July 3rd 2014

Huge Day/Night of Data out Today – Forex Trading News – July 3rd 2014
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Forex Market News Huge day/night of data out today. First though, let’s look at what has happened.   Aunty Janet has gone on record to say she won’t raise rates to battle the increase appetite for risk. This is saying she is worried about the risk and asset bubbles but because her balance sheet is […]

Pound Keeps Powering

Pound Keeps Powering
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Forex Market News An interesting week to say the least. Greenback has weakened somewhat and the pound keeps powering, even the little Aussie battler had a run overnight.    Data flow has seen the Canadians, Chinese and Europeans come in on expectations and basically treading water. The UK on the other hand are still producing […]

The US GDP figure is garnering some attention – Forex Trading News – June 27th 2014

The US GDP figure is garnering some attention – Forex Trading News – June 27th 2014
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Hi all. A flat week really and not much will change today. Flat for me too as I have been crook, hoping to be back on the Top Shelf next week, with no dust. The US GDP figure is garnering some attention and being blamed for the shift in sentiment on the stock market and […]

Stock Markets Rolled Over Last Night – Forex Trading News – June 25th 2014

Stock Markets Rolled Over Last Night – Forex Trading News – June 25th 2014
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Forex Market News Stock markets rolled over last night, showing divergence and with Ukraine/Iraq still in the headlines, VIX climbed a few points as protection and profit taking took place. This also saw a minor bid come into the US$, helped by strong housing and consumer confidence data. Surprisingly the Eurodollar also attracted funds despite […]

FOMC is the Biggest News Announcement on the Economic

FOMC is the Biggest News Announcement on the Economic
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Forex Market News Overnight, in the wee hours of tomorrow morning we get the quarterly FOMC projections and statement plus Aunty Janet gets to chat to us.   With inflation rising stronger than expected last night it seems the market is taking this as a sign that the Fed will hasten the tapering of QE3. […]

US has Started to Empty its Baghdad Embassy – Forex Trading News – June 16th 2014

US has Started to Empty its Baghdad Embassy – Forex Trading News – June 16th 2014
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Forex Market News I thought Isis was the Egyptian goddess of the children and protector of the dead, apparently I am ignorant, there is another ISIS about. This new ISIS (which I had not heard of until a short time ago) is a nasty bunch of thugs wanting to control Iraq and killing hundreds of […]

Uk Economy Doing Very Well! – Forex Trading News – June 6th 2014

Uk Economy Doing Very Well! – Forex Trading News – June 6th 2014
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Forex Market News Before I start on the wet wimp in the ECB, let me cover other actions. The UK is still sitting on the fence with their rates and QE program. Carney is not silly, in fact he’s the best Central Banker out there. The UK economy is doing very well, but looks to […]

Market Bounced Overnight As Draghi Failed Requirements

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Forex Market News Before I start on the wet wimp in the ECB, let me cover other actions. The UK is still sitting on the fence with their rates and QE program. Carney is not silly, in fact he’s the best Central Banker out there. The UK economy is doing very well, but looks to […]

No Selloff in the Aussie Dollar as you Would Expect- Forex Trading News – June 4th 2014

No Selloff in the Aussie Dollar as you Would Expect- Forex Trading News – June 4th 2014
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Forex Market News OK, where are the markets and what are they doing? In the FX world, it seems that we are just marking time (there’s an old cadets saying). Interest rate yields are fluctuating wildly, stocks seem to have peaked – for the time being – and commodities are still leaking value. There have […]

US Posted a Negative GDP Figure for the First Time in Three Years – Forex Trading News – May 30th 2014

US Posted a Negative GDP Figure for the First Time in Three Years – Forex Trading News – May 30th 2014
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Forex Market News The sell in May has not occurred with a bounce in stocks overnight. Interestingly the Ukrainian infighting increased overnight yet the market largely ignored this. The US posted a negative GDP figure for the first time in three years, which is not the end of the world, but could lead to funds […]