GLOBAL MARKETS-OPEC disappointment hits oil, stocks; sterling down on UK vote jitters: Reuters

* Crude futures tumble after OPEC fails to deepen cuts * European stocks set for flat to lower open * Sterling slides on PM May’s shrinking election lead, UK GDP miss * Asia …
0 Comments Read more →

FX: plenty of warning signals: TC

There are plenty of warning signals across currency pairs at the moment suggesting caution is needed with trying to pick a trend. Thursday’s  European Bank Holiday and Monday’ …
0 Comments Read more →

26 May: Forecast: FX: US$/Majors: FXCharts

EURUSD: 1.1210 EurUsd traded a tight 1.1193/1.1250 range on Thursday, leaving the outlook unchanged. While the dailies still look constructive, the short term momentum indicators a …
0 Comments Read more →

CITI…Month-End FX Hedge Rebalancing: May 2017 Preliminary Estimate

From the FXWW Chatroom: The preliminary month-end hedge rebalancing estimate sends a weaker than average signal to sell USD and GBP at the month-end fix next Wednesday, 31 May. · …
0 Comments Read more →

FX GLOBAL CODE – A set of global principles of good practice in the foreign exchange market

From the FXWW Chatroom: The FX Global Code, a global code of conduct for the foreign exchange (FX) market, was published at 9am this morning  fx_global.pdf
0 Comments Read more →

All Eyes on Vienna as Oil Swings; Euro Advances: Markets Wrap: Bloomberg

Oil fluctuated as investor attention turned from the U.S. Federal Reserve’s somewhat dovish message to the gathering of major crude producers in Vienna. The euro edged higher whi …
0 Comments Read more →

FXWG FX Code Of Conduct: Bks, CBs, Others Expected To Embrace: MNI

NEW YORK (MNI) – After two years of hard work, the Foreign Exchange Working Group released the Global Code of Conduct for the foreign exchange industry Thursday, with market …
0 Comments Read more →

Don’t Trade Against Your Own Analysis: FX Renew

Sometimes, trading is all sunshine and lollipops. But sometimes it certainly is not! Traders make a habit of shooting themselves in the foot—despite doing a lot of good things. O …
0 Comments Read more →

Asia shares race to two-year high as Fed signals no rush to tighten: Reuters

Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve signaled a cautious approach to future rate hikes and th …
0 Comments Read more →

FX Radar: Thurs 25th: TC

The US$ rally petered out and the index is back down trying to hold above the support of the weekly Cloud. A make or break from here will be important as it could shape up the next …
0 Comments Read more →