Daily Trader Talk – Thursday 13th July. What Happened on Tuesday > Top 3? > Janet Yellen’s Testimony Dovish for US Dollar > Huge moves lower for USDCAD, as BOC hikes rates 0.25% > Janet Yellen points to US Inflation data being critical for the Feds next moves … 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.
USD Trumped Again – Trader Talk
July 12, 2017Daily Trader Talk – Wednesday 12th July. What Happened on Tuesday > Top 3? > Trump Jr. Email debacle torpedoes the USD. > FOMC Speakers confirm Fed’s plans on track > Gold & Oil prices both trade higher. Outlook + Bank Of Canada Rate decision + Janet Yellen testimony crucial… read more
Tuesday Trader Talk
July 11, 2017Daily Trader Talk – Tuesday 11th July. What Happened on Monday > Top 3? > Bond market selloff halts, Markets Uncertain about Fed. > FX Markets quiet awaiting Janet Yellen’s testimony. > Gold & Oil prices recovered a little. Outlook + Bank Of England MPC Speakers will dominate direction for… read more
Monday Trader Talk
July 10, 2017Daily Trader Talk – Monday 10th July. What Happened on Friday > Top 3? > US Jobs Report pretty solid. > G20 Meetings fairly non-eventful >Canadian Data strong, pointing to Rate Hike. Outlook + Janet Yellen testimony, midweek & US Inflation on Friday. + CAD Rate Hike looming, midweek…. read more
Volatility Jumps – Trader Talk
July 7, 2017Daily Trader Talk – Friday 7th July. What Happened on Thursday > Top 3? >Interim US Jobs & Unemployment data disappoints > Caution around North Korean crisis & Oil turns lower again. >Euro Bid strongly on ECB Monetary Policy Meeting Accounts. Outlook + Equities see sharp selloffs, Oil price… read more
Trader Talk
July 6, 2017Daily Trader Talk – Thursday 6th July. What Happened on Wednesday > Top 3? >FOMC Meeting minutes add doubts. December hike still likely. >Oil Turns lower again, taking CAD with it. >USD Up, and EUR down for the 4th straight day on broadly Bid tone in USD Outlook + US… read more
Market Action – Update
July 5, 2017Daily Trader Talk – Wednesday 5th July. What Happened on Tuesday > Top 3? >North Korea grabs the headlines >RBA fails to boost the Aussie dollar outlook >Asian & European Equities moved lower, as did most Bond yields on a quiet trading day Outlook + US FOMC Meeting Minutes… read more
Morning Market Update
July 4, 2017Daily Trader Talk – Tuesday 4th July. What Happened on Monday > Top 3? >Strong US Manufacturing data & US Treasuries spur a USD Rally >Stocks Up, Oil Up, USD Up, Gold Down to November low. >GBP, EUR & AUD come back of highs against the USD, but USDJPY Strong…. read more
Monday Market Wrap
July 3, 2017Daily Trader Talk – Monday 3rd July. What Happened on Friday > Top 3? >US Dollar ends lower for the fourth month in a row. >Oil price recovery fires up the risk on trades. >EUR, AUD & GBP all close solidly against the Greenback. Outlook + US Jobs & Payroll… read more
FX Markets Surging – Trader Talk
June 30, 2017Daily Trader Talk – Friday 30th June. What Happened on Thursday > Top 3? >Euro surged to a fresh 12-Month high against the USD (EURUSD) >Pound takes out 1.3000 (GBPUSD) >Volatility jumps and the FX markets fire up – US Equities take a Hit. Outlook + Yen did its own… read more
