October Market Overview

October Market Overview
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Monthly Currency Trading News $Us Dollar: The month started with Non-Farm Employment Change well below expectations, increased Unemployment Claims with Unemployment Rate remaining at 5.1%. Disappointing ISM non-manufacturing PMI and Trade Balance followed. FOMC minutes indicated the belief that the US recovery is likely to remain insulated from the China slowdown keeping the central bank […]

The Draghi Protocol

The Draghi Protocol
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Forex Market News In what was a pretty quiet trading session thanks to the USA market holiday for MLK Jr oil still makes the headlines. This time it was Iraqi stockpiles that slapped the bulls back down, with price currently down another 2.4% at 47.52 (WTI). However, it is Draghi and the ECB that is […]

Stock Markets Continue to Tumble – Forex Trading News – Oct 14th 2014

Stock Markets Continue to Tumble – Forex Trading News – Oct 14th 2014
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Forex Market News As the stock market continues to tumble there is two opposing forces at play in the US dollar. These different opinions are weighing on the major currencies and creating some volatility and for me confusion. The opposing forces are the bulls who want to take this pullback/dip in the dollar as a […]

What Goes Up Must Come Down! – Forex Trading News – Oct 10th 2014

What Goes Up Must Come Down! – Forex Trading News – Oct 10th 2014
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Forex Market News Bit of a tussle at the top end, what goes up must come down. Yesterday the bulls had tossed the bears into the air. But overnight the bears back slammed the bulls and then rubbed their noses in it. This kind of whippy action is to be expected as the potential trend […]

Draghi All Bark, No Bite – Forex Trading News – Oct 3rd 2014

Draghi All Bark, No Bite – Forex Trading News – Oct 3rd 2014
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Forex Market News It would seem that Draghi is all bark and no bite. Investors overnight disappointed that the ECB not only did nothing but also announced bugger all really. He announced some bond and other asset purchases over the next 2 years in a futile attempt to lift inflation. It is not enough and […]

No Change to the Stance of Draghi – Forex Trading News – Aug 8th 2014

No Change to the Stance of Draghi – Forex Trading News – Aug 8th 2014
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Forex Market News Draghi made no change to his stance, but listening to his speech was revealing, especially during question time. He expects inflation to remain low in the short term and move towards 1% in the mid-term. He also maintained that they will do everything required to do to kick-start the economy. He is […]