What Happened on Friday > Top 3? • US Jobs report mixed, but overall positive. USD Volatility high • Trump & North Korea exchange more war of words • Sterling under pressure amid political uncertainty, GBPUSD sharply lower Outlook • (USD) Trader’s looking ahead to US Inflation & FOMC Minutes… read more
Daily
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
Trader Talk – Cut Through The Market Noise
October 6, 2017What Happened on Thursday > Top 3? • Fed Speakers supporting the rate hike probability, lifting USD • US 10-Year yield back to 2.35% boosting USD across the board • Sterling under pressure amid political uncertainty, GBPUSD sharply lower Outlook • (GOLD) Gold is weak with fears of a USD… read more
Trader Talk – Cut Through The Market Noise
October 5, 2017What Happened on Wednesday > Top 3? • Speculation over Trumps new Fed chair is a growing story for USD • ISM Non-Manufacturing US data a solid beat of expectations • Janet Yellen adds nothing new as traders await headline US Jobs data Outlook • (GOLD) Gold is weak with… read more
Trader Talk
October 4, 2017What Happened on Tuesday > Top 3? • Speculation over Trumps new Fed chair moving the USD. RBA Holds Rates. • GBP Lower as data missed expectations and Brexit weighs, S&P to new record. • Gold off its 2-month low, now $1,274. Oil dipped lower too. Outlook • (GBP) Sterling… read more
Trader Talk
October 3, 2017What Happened on Monday > Top 3? • USD rises as US Yields drive higher, ISM Manufacturing very solid result • EUR pulls back off last week’s highs as violence reigns Catalan independence vote • Gold slips to recent lows around $1,270 as USD gains ground Outlook • (GBP) Pound… read more
Trader Talk
September 29, 2017What Happened on Thursday > Top 3? • USD comes back off highs after 3-day rally • AUD pared week to date losses of 2% to get back up to 7850. • Oil & the Dollar slipping lower as Trump’s Tax plans get a few doubts Outlook • (USD) Tax… read more
Trader Talk
September 28, 2017What Happened on Thursday > Top 3? • Trump reveals US Tax Reform & Yellen’s FOMC comments sets backdrop for USD Rally • RBNZ Holds rates, NZD still heavy with lingering Election uncertainty • USDCAD big mover Higher, as Gold crunched Lower on stronger USD Outlook • (USD) Tax Reform… read more
Trader Talk
September 27, 2017Australia (toll free) T 1800 176 935 International +61 9299 9466 Singapore (local call ) 31583201 New Zealand (toll free) 0800 327939 Malaysia (local call) 0154 8770 898 Philippines (local call) 1800 1116 1125
Trader Talk
September 26, 2017What Happened on Monday > Top 3? • Massive Risk-Off market action as NoKo says the US words are same as declaring War • Gold Spikes higher by $20 to $1310 • Safe havens such as Bonds, CHF, JPY & Gold very well Bid on the latest provocation Outlook •… read more
Trader Talk
September 25, 2017Australia (toll free) T 1800 176 935 International +61 9299 9466 Singapore (local call ) 31583201 New Zealand (toll free) 0800 327939 Malaysia (local call) 0154 8770 898 Philippines (local call) 1800 1116 1125