Euro Could Trim Gains on Political Friction Over EU Aid Package
The Euro has enjoyed a ride to multi-week highs vs the US Dollar, though political friction – a familiar ghost that has haunted the currency before – may trim EUR/USD’s…
Read More »AUD/USD aims to regain 0.7000 after a brief drop under the threshold
AUD/USD recovers the early-day losses while taking a U-turn from 0.6964 to currently around 0.6990. Even so, the Aussie pair prints 0.14% intraday los
Read More »Heads up for BOJ Kuroda speaking today, 11 June 2020
Bank of Japan Governor Kuroda will appear in parliament from around 2pm Tokyo time – 0500GMT Looks like the BOJ is long chairs For bank trade ideas, check out eFX…
Read More »Its Fed day! FOMC monetary policy decision due Wednesday – preview
Federal Open Market Committee announcement due at 1800GMT on 10 June 2020. – Chair Powell will have his news conference following at 1830GMT Earlier previews:
Read More »IS IT TIME TO BOOK PROFITS IN FOREX MARKETS?
Congratulations to all, who are regular readers of this blog. Hope you enjoying good profits. Forex major pairs reacted mostly according to our predictions. Now the question is whether to…
Read More »NZD/USD, NZD/JPY Rally At Risk Despite Easing Restrictions
The recent surge in the New Zealand Dollar may be at risk, as it fails to breach familiar resistance ahead of Wednesday’s FOMC meeting
Read More »Moody’s revises down Brent oil price forecast to $35/ barrel in 2020
The international rating agency Moody’s Investors Service, in its latest report, revised down their 2020 average price forecast for Brent oil to $35/
Read More »(EUR)OPE vs (GBP)OUND
The UK government is disappointed, with Downing Street sources cited by the Guardian saying that the decision by EU fisheries ministers not to change course on their position — to…
Read More »FOMC meet this week – another gold support coming up
I posted earlier on the Fed Roadmap and its support for gold: Guggenheim’s Minerd likes gold – "accumulation of gold … a responsible policy response" A snippet along the same…
Read More »Brexit Referendum – Temporary Change in Margin Requirements
In light of significantly increased volatility in global financial markets due to the upcoming Brexit Referendum, Vantage FX has conducted a review of our risk management policies with the intention…
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