The pair has jut reached monthly highs. Various verified news sources have weighed in on the progress. 1 source from Twitter - " @BBCkatyaadler -
Technical Analysis on the 50% fib looks good for the reversal. GBP gains have let off...
As more conflict with Turkey going on in the middle east. US has decided to impose sanctions on the TRY people. The sanctions are not in effect yet but since the news of the release TRY has depreciated over 1% giving USDTRY and EURTRY over a 1% gain.
Trump stated he will destroy the economy if necessary.
Technical perspective has support from 61.8 FIB and broke a...
This Danske Bank bank analysis explains how on OCT 10 brexit may have a delay (85% Chance) which will ease investors fears of a hard brexit, which in turn will give GBP strength. The overall downtrend is still strong from a technical perspective. US and China are...
With risk of global recessions, global stocks such as: the dow jones, nikkei 225, dax, and uk100, have had spectacular losing streaks amidst all this trade war uncertainty, trump impeachment, and high importance data pointing to global slowdown and possible risk of recession, it is possible to see 100-1000 pip drops over the next period of uncertainty until global...
As the US was considering limiting investments in China, the dow dropped more than 150 points. Usually NIKKEI positively correlates with us30. Whenever there is uncertainty in the US the asian stocks tends to suffer as well. Signs in soft data shows investment growth as very weak for JPY. CPI data came out bearish, and USDJPY appreciated as investors flew to us...
Kathy Lien, Managing Director Of FX Strategy For BK Asset Management
Daily FX Market Roundup Sept 17, 2019
"For the second time this year, the Federal Reserve lowered interest rates by 25bp to a range of 1.75% to 2%. This widely anticipated move failed to hurt...
With the on going trade war, the US is coming close to a new presidential election. Various President Trump Tweets are very optimistic towards a resolution with China soon. Trail a close SL or in profit when trading with the bulls. Have a sell Stop ready right at the same SL level to catch a potential crash.
NEW ZEALAND DOLLAR - CHICAGO MERCANTILE EXCHANGE
Commitments of Traders - Futures Only, July 16, 2019
Long - 10,839 - Changes in Commitments - ( 355 )
Short - 28,158 Changes in commitments - ( -4,531 )
Based on the changes in commitment from the short positions, we can expect the NZD to keep...
EURO FX - CHICAGO MERCANTILE EXCHANGE
Commitments of Traders - Futures Only, July 09, 2019
Long 158,39 K - Changes in commitments - (+1,276)
Short 194,26 K - Changes in commitments - (+5,408)
Relative Performance to USD
Monthly - (-15%) Weekly - (0.41%) Daily -...
AUSTRALIAN DOLLAR - CHICAGO MERCANTILE EXCHANGE
Commitments of Traders - Futures Only, July 02, 2019
Long- 34,840K (Changes in commitment 4,314)
Short - 93,575K (Changes in commitment -3,271)
NEW ZEALAND DOLLAR - CHICAGO MERCANTILE EXCHANGE ...