QE Ends and the Fed gets Bullish

QE Ends and the Fed gets Bullish
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Forex Market News As expected in this little part of the world (apparently a surprise in the States) the US Fed finished up the QE program and showed decidedly hawkish view (bullish interest rates) on the economy. So when will the rates rise? Now that the QE is over, all eyes will be on the […]

FOMC Week

FOMC Week
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Forex Market News Federal Open Market Committee With the FOMC meeting this week, trading will be relatively subdued running into it, volatility should be lower. It is expected that the Fed will end QE on Thursday but everyone will be watching for the wording in the statement. They will be looking for indications on the […]

Inflation divergence

Inflation divergence
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Forex Market News A faggot of PMI’s out today from China and Europe will keep prices on the hop. Stocks had a weaker day despite continued strong earnings in both Europe and the US. The selloff attributed to some crazy nut entering Canadian parliament and getting killed. Notably the VIX tumbled so the selling won’t […]

Bounce on ECB and China GDP

Bounce on ECB and China GDP
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Forex Market News China Data out yesterday in China saw continued strong growth with GDP at 7.3% and industrial production at 8%. Both numbers a tad higher than expectations. This flowed into the commodity markets all of which had strong(ish) moves, a turnaround from recent trends. The Loonie and the Aussie (briefly) both jumped on […]

Risk off, for now, as the Christmas rally commences

Risk off, for now, as the Christmas rally commences
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Forex Market News Safe haven bid came off in the run to the end of the week, particularly in the Yen. The VIX dropped back as stocks rallied on positive US economic data and earnings results. Whilst this was a minor turnaround at the end of the week, volatility in most asset classes (stocks, bonds, […]

US Dollar Weakens, but Economy Robust – Forex Trading News – Oct 16th 2014

US Dollar Weakens, but Economy Robust – Forex Trading News – Oct 16th 2014
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Forex Market News Fun and games in last few sessions with safe haven flow still dominating. Stocks continued to get smashed (S&P500 well below August lows now, closing at 1862) as the US retail sales number came out much weaker, as did PPI. Even the Poms slipped with the dole queue numbers showing slight weakness, […]

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 […]

VIX down 12%! – Forex Trading News – Oct 9th 2014

VIX down 12%! – Forex Trading News – Oct 9th 2014
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Forex Market News The Fed minutes gave volatility a shot in the arm, VIX down 12%! Highlights are: “the concern was raised that the reference to ‘considerable time’ in the current forward guidance could be misunderstood as a commitment rather than as data dependent.” So, this will make inflation and jobs data releases very volatile […]

Stocks Globally Take a Turn for the Worse – Forex Trading News – Oct 8th 2014

Stocks Globally Take a Turn for the Worse – Forex Trading News – Oct 8th 2014
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Forex Market News Stocks globally took a turn for the worse overnight, as the IMF (why are we still caring about what they say, they haven’t been right in years?) downgrades global outlook. The Yanks are apparently also scared about what might happen during the earnings season as the strong US$ weighs on potential profits. […]