Central banks at it again!

Central banks at it again!
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Forex Market News Another Central Bank surprise overnight. They are getting good at making market professionals like I look like fools. Not one person predicted the BOC to drop rates by a quarter basis point to 0.75%. The Loonie jumped 200 pips on the news and has added another 100 since. 2015 is starting to […]

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 […]

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. […]

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 […]

UK, Carney Says Slack is out of the Market – Forex Trading News – Aug 15th 2014

UK, Carney Says Slack is out of the Market – Forex Trading News – Aug 15th 2014
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Forex Market News UK, Carney says the slack is out of the market now, ie the economy is at full pace but he is not in a hurry to raise rates. The market bailed out of pounds because of this, however, I still see no reason to be bearish the sterling.   Other than that, […]

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 […]

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