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FX market outlook

Posted on Wednesday, March 20 2019 at 9:29 am GMT+0000

Fed ‘dots’ to steal the show; pound retreats – Fed decision at 18:00 GMT today, new rate projections to dictate market reaction – Stocks pause rally as trade uncertainty reigns in – Sterling inches down amid reports May will ask for short extension   Fed ‘dots’ to steal the show The main event today will […]

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FX market outlook

Posted on Tuesday, February 12 2019 at 9:40 am GMT+0000

Dollar rips higher; RBNZ meeting in focus Dollar soars as ‘there is no alternative’; Fed’s Powell speaks at 17:45 GMT News US government shutdown may be avoided support risk sentiment RBNZ meets overnight; may strike a cautious tone, but is unlikely to be as dovish as market pricing implies Dollar rips higher, but can the […]

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FX market outlook

Posted on Thursday, August 16 2018 at 8:28 am GMT+0000

Hopes for US-China trade negotiations boost sentiment; Brexit talks and key data on the agenda Here are the latest developments in global markets: FOREX: The US dollar index is lower by a little over 0.2% on Thursday, pulling back after touching a new 13-month high in the previous session, aided by risk aversion and encouraging US retail […]

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FX market outlook

Posted on Tuesday, January 16 2018 at 9:38 am GMT+0000

Dollar in recovery mode; UK inflation in the spotlight Here are the latest developments in global markets: FOREX: The dollar managed to recover a part of the previous days’ losses against a basket of currencies that saw it eventually fall to a three-year low during Monday’s trading. STOCKS: The Japanese Nikkei 225 and Topix indices added 1.0% and 0.55% to close […]

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FX market outlook

Posted on Monday, October 16 2017 at 8:43 am GMT+0000

Euro slips as Austria shifts to the right; dollar edges up after Yellen bets on higher inflation  The euro was on track to post a third consecutive red candle in Asia after Austrian national elections during the weekend heightened political risks in Europe, while markets are eagerly anticipating what the Catalan leader will say today […]

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TASI Technical Overview

Posted on Sunday, October 15 2017 at 5:03 am GMT+0000

Approaching 6765. Although the weekly charts continue to reveal a strong Bullish trend, long term traders continue to remain neutral while waiting for the recent correction to end near a strong demand area before attempting to acquire any new positions. The recent drop below 7050 has significantly weakened the medium term picture and warned for […]

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DFM Technical Overview

Posted on Sunday, October 1 2017 at 5:23 am GMT+0000

Bearish pressure continues. Having in mind the given neutral outlook, long term positions remain on hold at present time while waiting for stronger trending characteristics to appear on the weekly charts. In the medium term, the formation of a lower top on the daily timeframe outlined at 1.24 followed by the break below 1.13 is […]

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