Opinion – Tuesday 18 July 2017

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...

Opinion – Monday 17 July 2017

For any trader who was an Australian Dollar bear, Friday was about as depressing a day as it has been all year, AUD/USD coming within a pip of its 2016 high of 0.7835 and closing at its highest level since May 21st 2015. A lot of analysts are now going to have to...

Opinion – Friday 14 July 2017

It’s a nod to Bastille Day today and with the US President visiting France, declaring in a tweet his “unbreakable” relationship with the French President. Markets yesterday saw the Australian Dollar at the top of the FX leader board, pushing up through the London and...

Opinion Thursday 13 July 2017

The Canadian dollar is the standout winner in FX markets after the Bank of Canada raised rates by 0.25% to 0.75% as widely expected but did not deliver the ‘dovish hike’ some were expecting. US Bond yields and the US dollar are generally lower (EUR/USD The exception)...

Opinion Wednesday 12 July 2017

Donald Trump Junior’s Russian email saga provided a bit of volatility to the yesterday’s afternoon trading session. Trump’s eldest son released an email chain in which he said he would welcome the possibility of Russia helping his father’s campaign via compromising...

Opinion – Tuesday 11 July 2017

Technology shares dove gains in US Equities yesterday, while Natural Gas and Crude lifted commodities. The US dollar strengthened with Treasuries as investors prepare to analyse second Quarter earnings for more evidence that global economic activity is back on track....