Futures Trading Education
The US Dollar is overall slightly higher (about 0.2% in the last 24 hours and 0.1% from where we left off yesterday), Treasury yields are largely unchanged (and following a well received 5-year note auction that saw record indirect bidding, synonymous with Foreign...
Futures Trading Education
Yesterday was a rather uneventful trading session for most of the major currencies, with the possible exception of Sterling. The Pound was being bought in the lead up to the release of the August CBI trends survey, holding on to those gains in its aftermath, GBP/USD...
Futures Trading Education
The rise in the USD and short dated UST yields on the back of Fed vice-chair Fisher’s comments over the weekend have been partly unwound in yesterday’s volatile trading session amid lack of new news and thin holiday trading. Meanwhile the fall in oil prices has...
Futures Trading Education
Friday looks to have shown FX traders to be the smartest guys in the room. Traditionally referred to as the ‘last market to clear’ (and so giving FX analysts such as this scribe a career) the US Dollar had put on a strong showing during the APAC session. The late NY...
Futures Trading Education
Short sterling positions were dealt another blow yesterday by a blockbuster rise in UK Retail Sales in July where the weather and the low currency has seen a very good month for the High Street. There was a large bounce-back in UK Retail Sales in July, ex-autos sales...
Futures Trading Education
Yesterday’s trading session was all about the July Fed Minutes and while often these summary notes provide a range of all the different views within the FOMC, taken together the message appears to be that as much as a September hike is a possibility, the Fed is...
Recent Comments