Futures Trading Education
Yesterday was another very quiet trading session for the equity markets with the S&P closing flat on thin volumes for the US Veterans Day Holiday. The Dollar, having sold off on Monday, reversed course yesterday with the Euro back trading at 1.2480 this morning...
Futures Trading Education
It was an exceptionally quiet trading session yesterday which was overdue after six breath-taking sessions sandwiched between the Bank of Japan’s surprise easing and the US Labour Market reports. In FX the post-payrolls squeeze lower continued in the US Dollar...
Futures Trading Education
The US Payrolls Report released last Friday was solid despite the headline increase of 214K in October coming in below the 235K expected. September Payrolls were revised upwards by 8K to 256K and August up by 23K to 203K. That was the second upward revision to August...
Futures Trading Education
There’s nothing like a good ‘source’ story to ruffle the feathers of central bankers. Two Reuters reports in the past week, suggesting disquiet within the ECB Governing Council at President Dragi’s supposed autocratic style, and to his earlier publicly stated ambition...
Futures Trading Education
The biggest mover on the currency front yesterday was the Australian Dollar which fell 2% to close below 86.00 versus the US Dollar. This fall exceeded the latest run-up in the USD/JPY which added another 1% since yesterday after comments from Bank of Japan Governor...
Futures Trading Education
If there’s a common factor tying together yesterday’s market price action it is the further fall in oil prices with the benchmark WTI crude off another $2 to $76.70 and the Brent blend -$2.27 to $82.54. Whilst ostensibly positive for growth prospects of net...
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