The EUR still has some continued reasons for weakness as it increasingly looks like heading into a recession as PMIs on July 22 showed a steep drop below the market’s…
The EUR still has some continued reasons for weakness against the GBP. However, since last week’s heavy falls a retracement entry would be preferred. The EU is sending increasing signs…
Why the sharp fall this week? Gold has been touted as an inflation hedge and as a stagflationary play which are two major influences in markets. So, if you just…
The EUR has some new reasons for weakness after the last batch of PMI data points released on the 23rd of June. The German June PMI flash readings came in…
The case for being bold on China has been around for some time. However, it is interesting to note the reasons a Chinese fund manager has for turning bullish on…
The UK economy is facing a cost of living crisis as higher taxation, higher goods prices, and the prospect of rising energy bills in the Autumn is weighing heavily on…
One of the core principles in trading is to pair a weak currency with a strong currency. It is a way of increasing the odds of a clear direction. The…
Running into the last FOMC we had expected a ‘buy the rumour, sell the fact’ response. We got that, but it was short-lived as slowing global growth fears gave the…
The Reserve Bank of Australia surprised markets by hiking rates by 25 bps vs the 15 bps expected. The RBA Board stated that inflation was more of a problem than…
One of the key skills needed in currency trading is pairing a strong currency with a weak currency. This is what really helps in trading to pick a near-term direction.…