No Change to the Stance of Draghi – Forex Trading News – Aug 8th 2014

No Change to the Stance of Draghi – Forex Trading News – Aug 8th 2014
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Forex Market News Draghi made no change to his stance, but listening to his speech was revealing, especially during question time. He expects inflation to remain low in the short term and move towards 1% in the mid-term. He also maintained that they will do everything required to do to kick-start the economy. He is […]

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, […]

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 […]

Huge Day/Night of Data out Today – Forex Trading News – July 3rd 2014

Huge Day/Night of Data out Today – Forex Trading News – July 3rd 2014
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Forex Market News Huge day/night of data out today. First though, let’s look at what has happened.   Aunty Janet has gone on record to say she won’t raise rates to battle the increase appetite for risk. This is saying she is worried about the risk and asset bubbles but because her balance sheet is […]

Stock Markets Rolled Over Last Night – Forex Trading News – June 25th 2014

Stock Markets Rolled Over Last Night – Forex Trading News – June 25th 2014
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Forex Market News Stock markets rolled over last night, showing divergence and with Ukraine/Iraq still in the headlines, VIX climbed a few points as protection and profit taking took place. This also saw a minor bid come into the US$, helped by strong housing and consumer confidence data. Surprisingly the Eurodollar also attracted funds despite […]

FOMC is the Biggest News Announcement on the Economic

FOMC is the Biggest News Announcement on the Economic
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Forex Market News Overnight, in the wee hours of tomorrow morning we get the quarterly FOMC projections and statement plus Aunty Janet gets to chat to us.   With inflation rising stronger than expected last night it seems the market is taking this as a sign that the Fed will hasten the tapering of QE3. […]

US has Started to Empty its Baghdad Embassy – Forex Trading News – June 16th 2014

US has Started to Empty its Baghdad Embassy – Forex Trading News – June 16th 2014
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Forex Market News I thought Isis was the Egyptian goddess of the children and protector of the dead, apparently I am ignorant, there is another ISIS about. This new ISIS (which I had not heard of until a short time ago) is a nasty bunch of thugs wanting to control Iraq and killing hundreds of […]

Uk Economy Doing Very Well! – Forex Trading News – June 6th 2014

Uk Economy Doing Very Well! – Forex Trading News – June 6th 2014
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Forex Market News Before I start on the wet wimp in the ECB, let me cover other actions. The UK is still sitting on the fence with their rates and QE program. Carney is not silly, in fact he’s the best Central Banker out there. The UK economy is doing very well, but looks to […]