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 […]

Draghi Pummels the Interest Rate – Forex Trading News – Sep 8th 2014

Draghi Pummels the Interest Rate  – Forex Trading News – Sep 8th 2014
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Forex Market News Yeeha! Draghi pummels the interest rate market and the Euro tanks 230 pips. It would seem the market wasn’t prepared for the 0.1% drop in rates, and certainly not expecting that they voted for QE. Draghi lost this round to the Germans and he wasn’t happy about it but he continued his […]

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 […]

Putin does it Again – Forex Trading News – Sept 1st 2014

Putin does it Again – Forex Trading News – Sept 1st 2014
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Forex Market News Putin, yes again I start with him but this is nuts, on Friday whilst talking with a bunch of kids throws out a line that he is a leading nuclear power and its best not to mess with him. Yep. That happened. Putin is pushing the world back into a few decades […]

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 […]

Stocks High Again in the US – Forex Trading News – Aug 25th 2014

Stocks High Again in the US – Forex Trading News – Aug 25th 2014
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Forex Market News Stocks are back at the highs again in the US. Still far from all-time highs for us, we are some 22% below the 2007 levels. Like our currency, we have been in a range for 2014, between 5350 and 5550, although at the end of the week we poked through to test […]

German Powerhouse Starting to Stumble – Forex Trading News – Aug 12th 2014

German Powerhouse Starting to Stumble – Forex Trading News – Aug 12th 2014
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Forex Market News Sanctions both ways is starting to bite in both Russia and Europe. The German powerhouse is starting to stumble, the GDP on Thursday will show us this. The economic strength that helped Europe (Portugal, Italy, Greece, Spain) out of pain is now feeling the pinch. Lost sales out of Russia is hurting […]

Russians are at it Again

Russians are at it Again
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Forex Market News Some great data out overnight but the big story is the Russians are at it again. The Rusky’s are threatening another invasion of the Ukraine, and like Crimea earlier in the year, they again are saying it is for humanitarian reasons. This saw a run to safe havens overnight, with the Yen, […]

Graeme Wheeler raises rates AGAIN – Forex Trading News – July 8th 2014

Graeme Wheeler raises rates AGAIN – Forex Trading News – July 8th 2014
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Forex Market News Hi all, sorry I have been off the grid for so long, I have been on the road since Bastille Day really. A lot has happened in the market place and I will go through each economic zone to try and summarise it all for you, to give you an idea of […]