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USD/JPY Unaffected by Terrible GDP USD/JPY Unaffected by Terrible GDP

Joe Perry February 18, 2020 3:06 AM

TAGS: Dollar, Forex, GDP, Japan, USD

GBP/USD snaps 5-day winning streak

Fiona Cincotta February 17, 2020 10:44 PM

GBPUSD a break above 50 sma or belolw 100 sma to decide furter direction.

NMC Health sliding again drags FTSE

Fiona Cincotta February 17, 2020 5:59 PM

A move by China’s central bank to prop up the economy dented by the spread of the coronavirus has helped to assuage some investors' concerns in Europe, lifting the FTSE and other European gauges

HSBC & Lloyds Full Year Results Preview

Fiona Cincotta February 17, 2020 5:30 PM

Both HSBC and Lloyds are due to report with both banks facing different challenges

TAGS: Lloyds, Shares

Japanese GDP threat to Topix index

Tony Sycamore February 17, 2020 12:15 PM

A quiet start to the week in the Asian time zone with traders seeming content to sit on their hands ahead of Presidents Day holiday in the U.S. and Family Day holiday in Canada tonight. Content also to mostly look through GDP data in Japan that showed the Japanese economy shrank by an annualised 6.3% in the fourth quarter of 2019. Due to the impa...

TAGS: Japan

What mattered last week and a preview of the week ahead

Tony Sycamore February 17, 2020 6:25 AM

What mattered last week: The benchmark U.S. stock index, the S&P 500 posted solid gains for a second straight week, shrugging off concerns over the spread of the coronavirus (now named Covid-19). As the market continues to take the view that the hit to growth from Covid-19 in the shape of travel restrictions, factory closures, etc will be temporar...

TAGS: Australia, China, Europe, Japan, New Zealand, UK, US

Week Ahead: More Downside for the Euro?

Joe Perry February 14, 2020 11:49 PM

Often, when price fails to breakout of one side, it tries to retest the other side.

TAGS: China, Dollar, Earnings, EUR, Euro, Forex, GDP, Indices, Inflation, PPI, Retail Sales, Trump, USD, Week Ahead

OIL WEEK AHEAD: Will Russia, or won’t it?

Matt Weller, CFA, CMT February 14, 2020 9:50 PM

The week ahead should bring a final response from Russia, even be it one that OPEC may not want to hear.

TAGS: Brent Oil, Commodities, Crude Oil, Oil

How Low Can the Euro Go?

Fiona Cincotta February 14, 2020 7:58 PM

EUR/USD hit fresh 34 month lows, can it fall further?

TAGS: Dollar, EUR, Euro, Forex

ASX200 celebrates Valentine’s one day early

Tony Sycamore February 14, 2020 11:35 AM

After an impressive start to trading yesterday, the ASX200 spent the remainder of the day in retreat after reports from China that under a revised methodology, there had been a 15,424 jump in new coronavirus cases to over 60,000 with the death toll revised higher to 1370. Yesterday’s revisions will confirm the suspicions of many that the official...

TAGS: Australia 200, China

EUR/GBP Testing 2019 Lows

Joe Perry February 14, 2020 5:57 AM

With today’s price action in Euro and Sterling, the next pair to look at is EUR/GBP.

TAGS: Dollar, EUR, Euro, Europe, Forex, GBP, Johnson, Sterling, UK, UK election

GBP/USD in Rally Mode as BoJo Replaces His Finance Minister – 1.32 In Sight?

Matt Weller, CFA, CMT February 13, 2020 10:11 PM

GBP/USD is rallying for its fourth consecutive day, but remains in the middle of its four-month range centered at 1.30...

TAGS: Forex, GBP, Johnson, Sterling

Dax Drop To Be Short Lived?

Fiona Cincotta February 13, 2020 8:23 PM

The Dax has dropped over 1% across the morning session, slipping back from Wednesday’s all-time high, as renewed concerns surrounding the coronavirus outbreak sweep across global markets.

TAGS: Germany 30