مدونة

Aussie slips further on weaker retail sales; Weakening German Industrial production pegs back Euro; Coming up: Fed speakers Kashkari & Rosengren

The US dollar remained under pressure through April, dropping to six month lows. The US Dollar Index, a measure of the dollar against a basket of major currencies, slipped to 98.41 amid a host of key developments in the United States. The downside pressure on the greenback has been interesting to say the least.

Euro hits six-month high against US Dollar;  US NFP Report shows strong rebound; CFTC COT Report hints at reducing Dollar Longs

FOMC holds rates at 1.00%, sees recent run of weaker numbers as transitionary; EURUSD pares losses on improving PMI data; Gold continues to be weighed down; US Nonfarm Payrolls & Fed Vice-Chair Fischer all expected tomorrow

EGM Announcement: Revision to Margin Requirements

RBA keeps rates unchanged at 1.50%, notes mixed employment and slowing wage growth, US Dollar Index continues consolidation at 99 levels, BOJ reiterates commitment to higher inflation

US Dollar Index under pressure, Q1 US GDP surprise to the downside, Fed meeting on Wednesday

Trump unveils tax plans, BOJ keeps rates unchanged, ECB up next and US earnings season continues today

Risk appetite rode a wave of optimism following a favourable first round outcome in the French presidential election. With a far left vs far right scenario crisis averted, markets celebrated the positive, with the centrist Emmanuel Macron heading into the second-round face-off with a healthy lead in the polls over the nationalist Marine Le Pen.

“The truth is that trading, both successful and unsuccessful, is more about psychology than tactics.” Jack Schwager Trading, once the sole domain of few individuals, has become available to all in the last decades, thanks to online trading platforms. Today, you are able to execute buy and sell orders yourself in a fraction of a second using computerized trading services. ''S ...