Futures Trading Education
To quote from ECB President Dragi’s press conference yesterday lunch time, he said that ‘if the current policy initiatives do not address the threat of too prolonged a period of low inflation The Governing Council remains unanimous in its commitment to...
Futures Trading Education
US Economic Reports yesterday could only be described as solid with the ISM Non-Manufacturing Report was at a near 9-year high. The ADP Employment showed a rise in private sector payrolls of 209K which was not spectacular but at above 200K is strong. Then last...
Futures Trading Education
The past 24 hours has seen the US in the ascendancy with the Euro back trading just above the key 1.2350 support level ahead of tomorrow’s ECB Meeting where more stimulus is expected to be announced. Oil is again under pressure with Brent closing down 3% after...
Futures Trading Education
We have just seen quite a dramatic reversal of the market price dynamics that played out during last Friday’s truncated New York session and over the last 24 hours. This though was not before the Russian Ruble dropped another 9% to 54.0 versus the US Dollar at...
Futures Trading Education
Oil took centre stage again with WTI closing down no less than 10.2% to $66.15/bbl on Friday. It is down another 3% this morning to $64 as the market continues to absorb the shock of OPEC leaving its production unchanged at last Thursday’s meeting. The US...
Futures Trading Education
Markets were trading in a very lacklustre US Thanksgiving Day Session until the results of the OPEC Meeting were released which led to a crash in Oil prices. West Texas Oil is down 7.5% since close of business on Wednesday. The Commodity Cartel’s low-cost...
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