Over 20 years in trading
Since January 2015, when the EUR/USD broke multy year support at 1.0800/650 the pair didn’t manage to recover above the same and it has spent two and a half years bellow. The buyers have tried to push the pair true that level fot two times, in August 2015 (1.1712 high) and in May 2016 (1.1615 high), but the sellers was
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Toby Macqueen from Bloomberg London visited me in my trading room yesterday, how to show and explain all the advantages of the Bloomberg Terminal. The Bloomberg Terminal brings together real-time data on every market, unparalleled news and research, powerful analytics, communications tools and world-class execution capabilities — in one fully integrated solution. Thousands of professionals use this terminal to improve their trading
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Early today, the Bank of Japan anounce no changes to the current monetary policy as expected. Latter on press conference, governor Kuroda says: still quite a distance to achieve 2% target inflation will rise but still only halfway now BOJ not ready to start discussing exit strategy with low inflation still in theory ETF purchases could drop before 2% no
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Bank Rate held at 0.25%, government bond purchases at £435bn and corporate bond purchases at £10bn The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 14 June 2017, the MPC voted by a majority of 5-3
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The Fed hiked interest rates for the second time this year, in a widely expected move that reflects the central bank’s confidence in the US economy. At the conclusion of their two-day meeting on Wednesday, the Federal Reserve’s Open Market Committee raised their benchmark interest rate by 25 basis points to a range of 1% to 1.25%. The move was essentially
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The ECB decided to leave all rates unchanged; main refinancing rate at 0.0%, deposit facility rate at -0.40% and marginal lending facility at 0.25%. Asset purchase remain unchanged at €60bln per month as well. President Mario Draghi is holding press conference in Tallinn Estonia at the moment, you can watch it LIVE here My suggestion is to watch the press conference
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As well as every year, at the University of Dubrovnik’s request, I organize an educational day for students of 2nd and 3rd year of Economics and Business Economics. In a couple of hours I present all the secrets of stock markets and forex market and introduces live the magical world of speculation. I believe that through my presentations students see all the
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The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 10 May 2017, the Committee voted by a majority of 7-1 to maintain Bank Rate at 0.25%. The Committee voted unanimously to maintain the stock of sterling
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The Reserve Bank of New Zeland today left the Official Cash Rate (OCR) unchanged at 1.75 percent, NZD tumbles . Global economic growth has increased and become more broad-based over recentmonths. However, major challenges remain with on-going surplus capacity and extensive political uncertainty. Stronger global demand has helped to raise commodity prices over the past year, which has led to
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The euro bulls failed to brake 1.1000 after Macron won the Franch presidential elections. Even the pair opened the week slightly above the 1.10, it wasn’t enough to brake the resistance and it start to fall immediately after opening on Sunday evening. The pair is falling for two days now and it didn’t stop until this up trend line at aprox
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After raising the interest rates on March 15 to range of 0.75-1.0%, FED stays on hold today with no changes in policy. The FOMC statement for the May 2017 meeting Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen even as growth in economic activity
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I can’t help myself when I see something interesting and that’s why I want to share this with you. This analysis is our first official technical post as Aureus Invest. Basically, this is how I see this current level in the most interesting currency pair EUR/USD and I can tell that the same is on high importance for furder development here.
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As expected, the Reserve Bank of Australia decided to stay with cash rate at 1.5%. Here is the full statement of Governor Philip Lowe and Monetary policy decision: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There has been a broad-based pick-up in the global economy since last year. Labour markets
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