Midweek Market Podcast – January 27
The Market Week – January Week 4 HotForex · Midweek Market Update – 27th Janaury 2020 After global stocks cheered on Joe Biden as president, anticipating a hefty dose…
Read More »USD Data – Claims Remain Elevated, Housing & Philly Fed beat
EURUSD, H1 US initial jobless claims fell -26,000 to 900,000 in the week ended January 16. This follows the prior week’s sharply downwardly revised 142,000 surge to 926,000 (was 965,000)…
Read More »Midweek Market Podcast – January 13 2020
The Market Week – January Week 2 HotForex · Midweek Market Update – January 13 Markets remain underpinned by the political fallout from the extraordinary events in the Capitol…
Read More »FX Update – December 30 – USD slips again
AUDUSD, H1 The USDIndex posted down to 89.65 earlier, close to the 32-month low from December 17 at 89.62, before recovering to 89.80 in low volume trading. EURUSD concurrently printed…
Read More »Gold Is Dim Again Near 1.855 Support
XAUUSD- moving lower on Tuesday nearing Monday’s low, some gains haven’t been able to turn things around. Precious metals earlier in the European session moved higher trying to restore the…
Read More »Dollar up, Stocks still in demand so far
The Dollar ticked slightly higher following the claims data, which saw initial claims higher than forecasts and continuing claims once again down quite sharply. The Philly Fed index fell less…
Read More »AUDJPY the FX mover on extraordinary day
AUDJPY, H1 In an incredible day for global financial markets, the biggest FX mover so far is the risk sensitive AUDJPY with gains of over 2.5% as the US Equities…
Read More »October NFP Headline Beats by 30,000+
USDJPY, H4 US Nonfarm payrolls increased 638,000 in October following the 672,000 (was 661,000) rise in September and the 1.493 million (was 1.489 million) gain in August for a net…
Read More »Sterling – Assuming a Trade Deal is Done
GBPUSD, Weekly The Pound has continued to trade neutrally, lacking domestically-driven directional impetus. The UK currency was a big underperformer during the global lockdowns earlier in the year, and is…
Read More »Monthly Market Outlook – September
Equities were spared the summer doldrums, with Wall Street extending to fresh record highs through August as the uncertainties that shrouded the market in July faded somewhat. Economic data largely…
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