Australia (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
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
August 24, 2017What Happened on Wednesday > Top 3? • Long USD positions Trumped by threat of Gov. shut down • Markets take ECB Draghi speech as pro-Euro • NZD off against the USD on lowered GDP projections Outlook • US Unemployment Data this evening • Jackson Hole Economic meetings with Draghi… read more
easyMarkets Trader Talk
August 23, 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
easyMarkets Trader Talk
August 22, 2017What Happened on Tuesday > Top 3? • NY Fed Released bearish Wages report, USD dragged lower • Iron Ore jumps 2.6% helping AUD back up towards 7950 • December Rate Hike probability drops to 30% as US Yields also drag lower Outlook • ECB Draghi to speak midweek, as… read more
Trader Talk Monday
August 21, 2017What Happened on Friday> Top 3? Gold to 1300 as USD falls then reverses North Korean concerns resurface December Rate Hike probability drops to 38% along with USD sentiment Outlook ECB Draghi to speak midweek, as well as Eurozone data Jackson Hole Economic meetings always market moving potential North Korean… read more
Trader Talk Friday
August 18, 2017What Happened on Thursday > Top 3? Volatility jumps 33% as more Trump instability shines through December Rate Hike probability drops along with USD sentiment Risk-Off themes dominate, as Stocks tumble and safe Havens Bid higher Outlook The Team Trump instability is hurting Risk sentiment, felt… read more
Trader Talk Thursday
August 17, 2017What Happened on Wednesday > Top 3? Trump disbanded 2 business advisory councils, hurting USD & US Equities December Rate Hike probability drops along with USD sentiment FOMC meeting minutes signals a cautious & patient approach to raise US Rates Outlook Aussie Jobs data today in the Asian… read more
Wednesday Trader Talk
August 16, 2017What Happened on Tuesday > Top 3? US Retail Sales data beats expectations, USD Bid higher GBP, AUD & NZD lower against the USD GOLD eases down to 1270, USDJPY Rallies to 110.80 Outlook Volatility still holding 12.04 North Korean issue simmers down and helps USDJPY & Gold… read more
Trader Talk Tuesday
August 15, 2017What Happened on Monday > Top 3? Hawkish Fed speaker Dudley helps the USD recover EUR, AUD, GBP all softer against the USD GOLD eases off highs but holds $1280 Outlook Volatility slumped 20% to 12.33 Markets are still nervous about the North Korean issue According to… read more
Monday Market Action
August 14, 2017What Happened on Friday > Top 3? US Inflation data missed expectations causing USD Softness EUR jumps as divergence between German CPI (As expected) Versus US CPI (miss) Geopolitical tensions still holding down the Risk Sentiment Outlook Markets are now pricing a December US rate hike at only 28%… read more