Futures Trading Education
It has been a quiet start to the week with no major market moves since I posted 24 hours ago. US equities ended the day mixed with the Dow and S&P marginally lower while the NASDAQ closed marginally higher. A better than expected PMI print has helped the US...
Futures Trading Education
More of the same for currencies and bonds on Friday, the US dollar continuing to leak lower alongside US Treasury yields. Latest news out of Washington helping maintain the bearish dollar tone was the resignation of white House press secretary Sean Spicer, after...
Futures Trading Education
The pick-up in market price action has continued in FX markets, with the EURO the star performer, not only against what proved to further weakness in the USD, but on the crosses. The AUD meanwhile has been cutting though all of the price action and is continuing do to...
Futures Trading Education
The big news event since I posted 24 hours ago was President Trump imploring Republican Senators to forgo their Autumn recess (already pushed back two weeks) in order to repeal and replace Obamacare. There is a fat chance of that happening, and markets should already...
Futures Trading Education
How much a dollar cost? Is a song from American rapper Kendrick Lamar and apparently it is Barack Obama’s favourite song of 2015. Well, whichever way you measure it, a US Dollar costs less today than it did yesterday. The USD sell off that began early yesterday...
Futures Trading Education
We come in this morning and it has been something of a sideways/choppy past 24 hours of trading. The Dollar DXY index is little changed overall amid nothing too new on the data front, no Fed speak now with the media lock down ahead of next week’s FOMC, and US stocks...
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