February Market Overview

February Market Overview
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Monthly Currency Trading News $Us Dollar:  February started on a low note with disappointing ISM Manufacturing and Non-Manufacturing PMI and increased Unemployment Claims. This followed with improved ADP Non-Farm and disappointing Non-Farm Employment Change. Unemployment Rate reduced to 4.9% and Average hourly earnings m/m came above expectations. Second week brought Crude Oil Inventories and UoM […]

January Market Overview

January Market Overview
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Monthly Currency Trading News $Us Dollar: Dollar rallied at the end of 2015 following the rate rise mid December and FOMC expectations of continuing improvement in the economy. January 2016 started with increased Unemployment Claims and ISM manufacturing and non-manufacturing PMI below expectations. This followed with greatly improved ADP Non-Farm and Non-Farm Employment Change and […]

November Market Overview

November Market Overview
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Monthly Currency Trading News $Us Dollar: The month started with greatly improved Non-Farm Employment Change, increased Unemployment Claims with Unemployment Rate down from 5.1 to 5%. Average hourly earnings m/m increased 0.4% which doubled the expectations. ISM manufacturing and non-manufacturing PMI came above expectations, ADP Non-Farm below, followed by improved Trade Balance. Second week brought […]

September Market Overview

September Market Overview
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‘the future of tomorrow is not reflected in the data of yesterday!’ -Clifford Bennett $Us Dollar: The month started with ADP Non-Farm Employment Change, Non-Farm Employment Change, ISM manufacturing PMI well below expectations, improved Trade Balance and increased unemployment claims. Unemployment Rate reduced to 5.1%. Second week brought reduced Unemployment Claims and Improved PPI m/m. […]

August Market Overview

August Market Overview
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More than $5 trillion has been wiped off the value of global shares in August. Clifford Bennett : “This is a diabolical market, the worst I have seen in a lifetime”. “An Inconvenient truth for the bears”  “THE TOP BIG FOUR ECONOMIES IN THE WORLD WERE ALL STABLE OR ACCELERATED THROUGH THE FIRST HALF OF THE YEAR!” […]

July Market Overview

July Market Overview
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Forex Trading News $Us Dollar: The month started with disappointing jobs data despite increased Consumer Confidence and the reduction in Unemployment Rate to 5.3%. Core retail sales unexpectedly dropped in June, Trade Balance, Unemployment Claims and PPI increased. Fed Chair Yellen in her testimony to Congress 15 July stated that the Labor market has continued […]

The Swiss Franc: Where to From Here?

The Swiss Franc: Where to From Here?
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Forex Market News As the dust settles from the surprise move from the SNB and volatility returns to the artificially capped currency, so do the trading opportunities. Instead of complaining or standing back in shock, now is the time to jump in and get busy doing your technical analysis and identify the setups. Generally when […]

Aussie Dollar Breaks through Recent Lows – Forex Trading News – Sept 10th 2014

Aussie Dollar Breaks through Recent Lows – Forex Trading News – Sept 10th 2014
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Aussie dollar breaks through recent lows and support. The interesting thing about this is that the US dollar was again stronger overnight but in the last hour (New York 3pm – 4pm bar) has tanked against all majors, apart from Aussie and Kiwi. I can’t find anything on the news wires at the moment for […]

Bulls are Bellowing in the US$ – Forex Trading News – Sept 3rd 2014

Bulls are Bellowing in the US$ – Forex Trading News – Sept 3rd 2014
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Despite continued growth in the construction area of the UK economy, the Scottish Independence vote is having a real detrimental effect on the pound as momentum gathers for freedom. The bulls are bellowing in the US$, stampeding on the Fed rally to a June rate rise. Putin is largely ignored by investors with the Yen […]

Russia at War with Ukraine – Forex Trading News – Aug 29th 2014

Russia at War with Ukraine – Forex Trading News – Aug 29th 2014
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Forex Market News Putin is still trying to hide but it is clear now that Russia is at war with Ukraine, if not officially. Safe haven bid is back on a bit, because of the lack of resolution in the Putin/Poroshenko talks this week. This could escalate nastily and whilst Poroshenko is calling on NATO’s […]