Some safe haven flows

Some safe haven flows
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Forex Market News USD The Greenback is still the king at the moment. Emerging markets are at decade lows, Russia is stuffed, although there is minor bounces overnight due to oil and other energy prices. Oil The liquid gold has lost its sheen and has hit new lows overnight, trading under $64. There is speculation […]

RBA Day and Dead Cats Bouncing

RBA Day and Dead Cats Bouncing
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Forex Market News Japan downgraded Moody’s cut Japanese sovereign rating from A1 to AA3B which started safe haven flows. The theme for the day really. The downgrade was seen as risk on, so the aversion trade began by reversing previous trends. This saw selling in US$ and stock markets across the globe. PMI Started in […]

Monthly Newsletter – Forex Psychology with Saira Khalid

Monthly Newsletter – Forex Psychology with Saira Khalid
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How Meditation and Mindfulness Can improve your concentration, focus and hence may also improve the quality of Trade Execution.  I am thrilled to hear from such a large group of graduates that they’ve been able to enhance their trading results through the market movements in the last couple of months. The Prop Traders have performed […]

Greenback run

Greenback run
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Forex Market News SNB 49% of the Swiss population came out and 77% of them rejected the gold initiative. This gives the SNB more room to move and be able to defend their currency, in particular the cap/floor of EURCHF 1.20 which they have had since Sep 2011. Gold and the Swissy opened this morning […]

The Slick is Sick

The Slick is Sick
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Forex Market News OPEC Relatively quiet night as US took off for holiday long weekend in the snow. Headlines dominated by the OPEC meeting and oil falls out of bed and is yet to hit the floor. Where is the floor? Anywhere between $50 and $10. Last at $69. Any currency with a hint of […]

End of Year Trading

End of Year Trading
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Forex Market News As November comes to a close with the US Thanksgiving holiday and Xmas fast approaching, now might be a good time to keep an eye out for ‘end of year’ trading volatility and market opening hours.   Pull out your calendar, or should I say pull out your iphone and check your […]

Emerging Markets

Emerging Markets
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Forex Market News Japanese holiday today as yen continues to weaken across the board. The surprising move last week however came from the Chinese with them throwing stimulus into the ring too. So all is not what it seems in Asia.  Cash Flow 2009 to 2013 saw a massive shift of wealth from west to […]

The Mario Bro Show

The Mario Bro Show
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Forex Market News Asia Not much out in Asia recently, steady as she goes. The G20 despite all the hype in Australia is largely ignored elsewhere and produced nothing, why have it? Australia is signing up a deal with China. Whilst they love to buy rocks from our land and sell it back as products […]

Promises Promises

Promises Promises
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Forex Market News Asia The session highlights saw the Aussie bounce off 0.8550, which happens to be the 50% Fibonacci retracement from 2008 lows to 2011 highs. This came over the jobs data which saw some slight improvement. Is finishing the session and the week weaker as US dollar continues to strengthen on yield flows. […]

Central Banks continue to dominate headlines this week

Central Banks continue to dominate headlines this week
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Forex Market News More Central Banks, Oil and a Tragic Cup Let’s start at home where we had stronger retail sales yesterday and the RBA made no move as expected. Glenn-I’m six months behind the curve- Stevens has continued the stance that rates will remain where they are for a long time and that the […]