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 […]

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 […]

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 […]

US Jobs Data Much Weaker – Forex Trading News – Sept 3rd 2014

US Jobs Data Much Weaker – Forex Trading News – Sept 3rd 2014
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Forex Market News US jobs data was much weaker than expected so the reaction was a weaker US dollar. Why? Well its because Aunty Janet and her cronies at the US Fed are watching the jobs market in order to see when it is best to raise rates. This is widely expected in June next […]

Monthly News with Clifford Bennett

Monthly News with Clifford Bennett
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MARKETS BEST SINCE 2012 This is fantastic. It really is! Most major bank economists and certainly the media are offering up falsehoods that we have not seen the likes of since 2012. What a great buying time that was, and so too will this heavy period be! Good Morning, Garfield? Am I reading the cartoon […]

2% chance of a decrease – Forex Trading News – Aug 5th 2014

2% chance of a decrease – Forex Trading News – Aug 5th 2014
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Forex Market News The RBA is not expected to move rates today, a 2% chance of a decrease says it all. The big mover in recent weeks has been the greenback. The market has expected the US dollar to gain in strength off the back of the QE tapering and improving economic strength of the […]

Once the Bubble Bursts in the Stock Markets, and it Will Burst – Forex Trading News – July 30th 2014

Once the Bubble Bursts in the Stock Markets, and it Will Burst  – Forex Trading News – July 30th 2014
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Forex Market News Yet another tough session for trend traders, yet another low volatility day, yet another headline indicating we are not alone. Currency and bond markets are experiencing their dullest times in years, thanks to the central banks locking down volatility with sustained low rates. Those who are chasing yield with the flood of […]

Markets Treading Water ahead of Thursday Mornings FOMC statement. – Forex Trading News – July 29th 2014

Markets Treading Water ahead of Thursday Mornings FOMC statement. – Forex Trading News – July 29th 2014
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Forex Market News Markets are treading water ahead of Thursday mornings FOMC statement. FX markets in particular are seeing reduced flow http://www.bloomberg.com/news/2014-07-28/global-currency-trading-falls-amid-volatility-drop-market-probe.html, however the flow is slow across the board as central banks from Asia to America maintain record low rates with sluggish growth.   The greenback weakened somewhat overnight but it was very quiet […]