For completely different reasons, 2016 certainly hasn’t been kind to the US dollar and British pound. The US dollar is trading negatively against a basket of currencies for the year, while the pound has undergone a period of volatility unseen in its recent history. Below we look at where these… read more
News
Hot Topic – GBP Vulnerability
October 19, 2016easyMarkets NEW Hot Topic – GBP Vulnerability (null) If there’s something the Flash Crash of the GBP showed us a week ago its that since the Brexit referendum in June the pound is skating on very thin ice where anything might happen. Here’s a quick look at what happened It… read more
CPI Pulse: New Zealand (NZD), United Kingdom (GBP) and United States (USD) To Report Fresh Inflation Data This Week
October 18, 2016The consumer price index (CPI) is one of the most closely followed events on the economic calendar. In the week ahead, CPI reports from New Zealand, the United Kingdom and United States will make headlines, giving investors the latest insights on inflation in each respective economy. Below is a recap… read more
Why Oil Prices Are Bothering the AUD
October 14, 2016Evdokia Pitsillidou, Director of Risk Management, easyMarkets Historically, there hasn’t been much of a strong correlation between crude oil and the Australian dollar, whether it’s a positive or negative. These days, however, the rise in the commodity seems to be accompanied by a drag on the Australian currency. Speculative positioning… read more
Trading the Euro in Q4: What You Need to Know
October 14, 2016Contrary to expectations, the euro has had a relatively stable year despite fresh easing measures by the European Central Bank (ECB). It wasn’t too long ago that the common currency looked like it was headed for parity against the US dollar. More than nine months into 2016, the EUR/USD continues… read more
Brexit Roundup: What Investors Need to Know
October 13, 2016The British pound’s latest selloff has raised fresh concerns about Britain’s plans to exit the European Union. Sterling plunged to fresh 31-year lows against the US dollar this past week, as traders reacted to remarks from British Prime Minister Theresa May indicating that she will pursue a “hard Brexit” from… read more
Donald Trump and Hillary Clinton: Where They Stand On the Economy
October 11, 2016Despite all the rumours circulating about Hillary Clinton’s health and whether Donald Trump is really just a secret Democratic operative, elections usually come down to the economy. Jobs, income, taxes, trade – the things that most people are concerned about – are usually what dictate election outcomes. Below we take… read more
Hot Topic – Monthly Outlook
October 10, 2016September ended with a bang for Oil. A last-minute deal by OPEC on the 28th saw an agreement to limit output to 33 million barrels a day. Brent crude surged almost 6% when the news came out, closing at its highest in 3 weeks at $49.48. Meanwhile WTI Oil saw… read more
Financial Market Outlook: October Edition
September 28, 2016After a volatile start to the autumn trading season, investors will look to the month of October for a semblance of calm on Wall Street and across the global financial markets. Below is a brief snapshot of the key market moving events scheduled for October. October 3 The month kicks… read more
Trading the AUD/USD in Q4: What You Need to Know
September 22, 2016The Australian dollar has had a resilient year climbing 5% against its US counterpart through September. But the underlying trend in the so-called Aussie currency has been anything but positive. The AUD/USD exchange rate has declined around 18% over the past two years. Over the previous five years the pair… read more