WIn the most fundamental sense, forex trading is about the differences in the real value of currencies. Money represents the value of a given economy. And the prices of things within a country usually determine the long term price of currencies. Currency pairs fluctuate around those differences. But what does a McDonald’s hamburger have to
0 Comments
Wall Street is scrambling to figure out what the conclusions of special counsel Robert Mueller‘s long-awaited investigation measn for the stock market. While many investment and equity strategists told CNBC that Attorney General William Barr’s letter about Mueller’s report relieves a persistent concern, few had expected a disastrous outcome for President Donald Trump. “No one
0 Comments
The economic calendar for the week ahead will see Brexit taking the center stage as the March 29th deadline looms. With negotiations still on and the current narrative turning to the extension of the Brexit deadline, the EU has put the ball back into the UK’s court. PM May is expected to hold another parliamentary
0 Comments
Stocks under pressure There was a definite air of risk off during trading in Asia this morning as shares and US futures extended declines. The Japan225 index was the worst performer with losses of more than 1% while US futures were down about 0.3%. Beta-risk currencies were under pressure and the yen was bought as
0 Comments
Daily Markets Broadcast 2019-03-25 Wall Street drops on slowdown fears Weak sets of data out of Europe and the US stoked fears of a faster, deeper economic slowdown and pressured Wall Street on Friday. EU granted a Brexit extension to the UK as long as they approve PM May’s deal this week. US30USD Daily Chart
0 Comments
Its not the only yen cross being taken lower, but AUD/JPY looking a little more susceptible than many others USD/JPY is back under 110 after spending some time above there in early Tokyo. Under 109.80 as I update AUD/USD is under 0.7070 for a fresh session low. ‘Risk’ is not trading well today (well, not
0 Comments
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
0 Comments
US Federal Reserve Board Chairman Jerome Powell (Photo credit should read JIM WATSON/AFP/Getty Images) Getty It was another wild FOMC-inspired week in the stock market. Things started off slow, as by Wednesday’s close, the S&P 500 was pretty much unchanged. The comments from Fed Chair Powell about no rate hikes this year did cause some
0 Comments