Over 20 years in trading
It’s not strage to see a strong down/up moves like this in the market, after an amaizing NFP data today. Why? Well, strong NFP data suggest the market players that the FED could hike soon, but on the other hand, other indicators and new problem with’the Brexit’ are quite worrying for the future of economic global developments. That’s why even the big
Read more
While FED’s Tarullo is speaking about current economic conditions after the Brexit with Jon Hinselrath at the WSJ, we are expecting the FOMC minutes latter on. I don’t believe that we will see a clear guide to the future US interest rate policy after today’s release, but it could be interesting with the current developments and datas from the US market. This
Read more
US Fed’s Fisher says that FED has no plans to move into negative teritory. Wtheck he is talking about? They will cut again or? It seams that Brexit has changes their view on possible rate hike again in 2016 and it’s more possible to see a rate cut now, right!? Well, if the important datas wasn’t good enough for raising the
Read more
What a week for the stock markets, especially for the London stock exchange and FTSE 100. Index reached highest level since August last year and it’s 200 points above the level where it was a day before the Brexit fall. This growth shows how serious the money is and the question is, whether the Britis should leave the EU earlier? 🙂 What a
Read more
Brexit panic wiped out $2 trillion in global markets on June 24., the British Pound suffered a huge fall at the lowest level verus the US dollar since 1985, but take a look at the FTSE 100 a few days latter. The FTSE 100 has break through 6,300 few moments ago as stocks continue to rally in the last two days. The blue chip index is now
Read more
Who survived this fall, will have something to talk about. Watch how the fall looks like step by step in 7 sesions of falling and bouncing in the H1 chart. This was really something to watch and to enjoy. The streght of the forex market was incredible. At first, I tought that I will go to sleep at 02:00 AM after 1st and
Read more
Is there any chance from FED to hike today? Based on the latest terrible May employment report and following UK Brexit vote in June, the possibility of that action is very low. The market expectation from FED is to stand on hold until the meeting in July or September. That’s why the message from the FOMC could be that they expect to hike
Read more
On this picture looks like that the RBNZ Governor Wheeler is showing to us that the current rate of 2.25% is to high, right!? Well, I am kidding for that, but at the last decision to stay on hold from April 28., that solution of the possible rate cut was mentioned for June. Here we are, in about hour and
Read more
Are you ready for today’s decision and press conference? What to expect from Mr.Draghi and could we see another run in front of the euro bulls? Well, the several major banks expect no changes in monetary policy, with main focus on implementation of corporate sector purchase program (CSPP) and new LTRO-II. If the ECB will stay with policy on hold, press conference will be
Read more
What to expect from FOMC today? More empty talk or specific indication of the possible rate hike? Well, the US dollar bulls are aware of the Euro weakness and this technical picture shows that they are right and placed on the right side, in the EUR/USD short positions. Sure, the market reaction on realease could be on both sides and these
Read more
The Reserve Bank of Australia on Tuesday cut the cash rate to a record low of 1.75 percent in a bid to head off falling prices and an economic slowdown. The first in a year came less than a week after a shock drop in core inflation, to well below the central bank’s 2 percent to 3 percent target. Most economists expect
Read more
Three years since Bank of Japan with Gov. Haruhiko Kuroda introduced quantitative and qualitative monetary easing (QQE) to pull Japan out of deflation. His initial target of a 2% inflation rate is more difficult to attain as a result of continued low consumer spending and low oil prices. There is approximately two years that the BOJ initially set as a
Read more
22:00 h (London time) > RBNZ Interest Rate Decision!!! Previous 2.25%, Consensus 2.25%, Current 2.25%!!! Monetary Policy unchanged!!! 22:00 h (London time) > Monetary Policy Statement!! 》》》Possible rate cut in June for 0.25% to 2.0%!?
Read more
Forex Trader 