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MOST RECENT ARTICLES
LONDON (Reuters) – The pound dropped to a 20-week low against the euro on Tuesday amid weak UK data and growing fears of a disruptive Brexit weighing on the currency. The pound has dropped for four straight weeks, hit by concerns that Britain will crash out of the European Union on Oct. 31 without an […]
President Trump seems to act like a normal retail trader – emotionally, not logically. On Friday, Trump planned to place a 5% tariff on Mexican imports effective June 10 had this had a huge impact on markets. Comments made by Mexico’s President Obrador on Saturday might help to calm markets as he will take extra […]
S&P 500 futures, Europe shares pare earlier losses; gold gains Latest moves in trade war keep risk-asset investors on edge U.S. equity futures slipped alongside stocks in Europe as traders digested the latest salvos in the China-America trade war. Havens were in demand, with 10-year Treasuries and gold advancing. Contracts on the S&P 500, Dow […]
LONDON (Reuters) – The Swiss franc rallied to its highest levels in nearly two years against the euro on Monday as U.S. President Donald Trump hardened his trade stance to countries beyond China, prompting investors to move into perceived safe-haven currencies. Trade tensions have grabbed center stage for investors in recent weeks after Trump increased […]
Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for a set-up before I enter. I base my view on technical and fundamental information. This is my beliefs and you are welcome […]
Just in case you have been hiding in a cave for the past few months, or like several fund managers, hiding under your desk on prescribed “Prozac”, let me tell you, the FX market is totally unpredictable. Day after day we have seen little to no volatility when economic data releases would have usually provoked […]
From the FXWW Chatroom – Summary: • The European election results are not likely to interest markets too much. The Greek government called a general election. The far-right gained in France and Italy, but underperformed expectations elsewhere. The German SPD did poorly, which may lead to some speculation about the strength of the coalition. • […]
Now that PM Theresa May has announced stepping down from the Conservative Party leadership as of June 7, the ongoing political chaos will shift temporarily from striking a deal on the Withdrawal Agreement to reaching a winner in the Party leadership race. We know former Foreign Minister Boris Johnson is considered as the favorite to […]
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