TayFx

TayFx

The recovery in the US Dollar (as measured by the DXY Index) following the disappointing August US Nonfarm Payrolls report has assisted in taking some of the luster off gold prices over the past week. Because the anticipated slowdown in both fiscal and monetary stimulus out of the United States has arrived – pandemic-era unemployment benefits have expired, and the...

TayFx

It was announced today that statistics from the purchasing managers' index (PMI) had been released, and although the most of the values were lower than anticipated, they indicate that the economic recovery remained at its incredible pace in August. As a start, the manufacturing index in France came in at 57.3, which was in line with predictions (albeit it was down...

TayFx

USD/JPY is expected to lose further ground this week. The currency gained 17 pips throughout the week as the Fed outlined conditions for its long-awaited bond reduction on July 28. Anecdotal evidence suggests that the US economy is slowing. Japan's economy showed no indications of slowing, and the data matched forecasts. Only a prolonged rally over may reverse the...

TayFx

As the trading week gets underway, the EUR/USD is edging lower during the Asian trading hours. The pair is moving in a very narrow trading band and is not gaining any significant traction. At the time of writing, the EUR/USD exchange rate is trading at 1.1693, representing a 0.04 percent loss for today. ================================ 📢 Signal#:33 🏦 OrderType:...

TayFx

The Chicago Board Options Exchange developed the VIX in 1990 to predict future stock market volatility. The VIX is a real-time indicator that represents market participants' volatility predictions for the following 30 days. When the S&P500 falls, the index rises when it rises, demand for protection falls. The VIX is a gauge of market emotion, thus the name "fear...

TayFx

On Friday, the S&P 500 index rebounded as investors took advantage of Wall Street's recent labeling opportunities. For this week's Jackson Hole Symposium, equity traders will be looking at signals regarding the Fed's next move. The Minutes of the last FOMC meeting showed that the majority of Fed members are in favor of lowering the asset purchasing program to $120...

TayFx

The precious metal is being weighed down by the historical inverse correlations between gold and the USD and US Treasury rates. Since late April 2021, the Dollar Index (DXY) has maintained a strong negative connection with gold, while bond yields have shown a change of heart (notice that correlation does not imply causation!). Fundamentally, we may see a rebound...

TayFx

As speculators predict a faster-than-expected timeline for the Federal Reserve's withdrawal of stimulus, the US Dollar has hit fresh all-time highs. Chairman of the Federal Reserve, Jerome Powell, will give a lecture titled "The Economic Outlook" at Jackson Hole, Wyoming, on Friday, August 27, at 10 a.m. EDT/14 GMT. At the Jackson Hole Conference Center, a...

TayFx

Update from previously posted execution via The Jackson Hole Economic Symposium, which will take place next week and is expected to include a speech by Jerome Powell, Chairman of the Federal Reserve Bank of New York, will be the main talking point. Market investors will most certainly scrutinize every word he says after the release of the FOMC minutes this week,...

TayFx

This week, USD/JPY is expected to lose further ground. With increasing Covid cases globally, the US currency gained ground this week. According to the July FOMC minutes, the present QE program will be tapered by the end of 2012. Perceived consumer sentiment in the US is deteriorating. The duo may technically fall farther. Despite the worldwide strength of...

TayFx

Yield Curve for Pre-NY 10:43:48 (UTC) Thu Aug 5, 2021

TayFx

DXY Post London Open 10:21:58 (UTC) Thu Aug 5, 2021

TayFx

=====🆕 New===== 📢 Signal#:10 🏦 OrderType: Sell 💰 OrderSize: 0.75 💱 Symbol: GBPUSD 📈 OpenPrice: 1.38918 ⏰ Expiration: --/--/---- 🎯 TakeProfit: 0.00000 🛑 StopLoss: 0.00000

TayFx

=====🆕 New===== 📢 Signal#:7 🏦 OrderType: Buy 💰 OrderSize: 1.50 💱 Symbol: USDJPY 📈 OpenPrice: 108.934 ⏰ Expiration: --/--/---- 🎯 TakeProfit: 0.000 🛑 StopLoss: 0.000

TayFx

Volatility is a trader's lifeblood . Since 2009-- and the end of the 1990's for that matter-- volatility has been absolutely crushed on the race to zero commissions and iPhone trade gurus. Without volatility , there is no risk and opportunity (sides of the same coin).This has resulted in nominal yields across all major G7 economies falling to all time lows. The...

TayFx

10:50:06 (UTC) Tue Aug 3, 2021

TayFx

USD/JPY Long 10:41:31 (UTC) Tue Aug 3, 2021 =====🆕 New===== 📢 Signal#:5 🏦 OrderType: Buy 💰 OrderSize: 0.75 💱 Symbol: USDJPY 📈 OpenPrice: 109.298 ⏰ Expiration: --/--/---- 🎯 TakeProfit: 0.000 🛑 StopLoss: 0.000

TayFx

DXY for Sydney Open 00:37:46 (UTC) Tue Aug 3, 2021