Futures Trading Education
The Minutes from the last FOMC Meeting played out a little bit like a teenage television drama with a good degree of angst sprinkled throughout. The market immediately jumped on the admission that some members were concerned that inflation might persist below the 2%...
Futures Trading Education
The US Dollar has been drifting lower over the past 24 hours with the Dollar Index down 0.3% since I marked prices yesterday morning. This came on the back of a rebound in the German ZEW Survey in November but also better than expected US Inflation and Housing...
Futures Trading Education
The US Dollar recovered lost ground yesterday spurred on by some Euro weakness which was on the back foot from just after I posted. This was compounded by comments from ECB Officials, Mersch and Dragi. Mr Mersch, who is Governor of the Luxembourg Central Bank, said...
Futures Trading Education
Markets were expecting the economic divergence trade to play out further last Friday with soft Q3 GDP and strong US Consumer Reports. That is exactly how it played out but the US Dollar could not make further gains with the market seemingly pricing in the divergence...
Futures Trading Education
Equity markets closed virtually flat on both sides of the Atlantic after having a reasonably volatile trading session. The US markets, having been down over 1/2% at one point, again staged a late day rally to close in positive territory. However there was another...
Futures Trading Education
Equity markets mostly closed in the red yesterday, dragged down by banking stocks after global regulators fined six international banks $4.3bn for attempting to fix foreign exchange markets. European stocks averaged a 1.1% loss while the US markets closed flat after a...
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