With Donald Trump taking office last Friday, the markets were somewhat subdued. However, we have seen a strong rally in…
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Tag: market analysis
TradingView offers cleaner charts thanks to navigation buttons settings
Financial visualization platform TradingView, obviously inspired by a spring cleaning mood, is making its charts clearer. By default, the navigation…
Read MoreMyfxbook Android app reaches 100,000 downloads
Social trading and market analysis expert Myfxbook has reached a milestone concerning its Android application. The application, which was first…
Read MoreJune Majors Roundup: Cable rallies whilst Gold and Euro boosted by FOMC dovishness – Guest Editorial
” The impact of the FOMC’s dovishness cannot be underestimated; on June 17th, gold was at the level of 1,175 USD per ounce. By the very next day, it had risen to 1,201 USD per ounce, once again demonstrating its value as a safe-haven investment for when the USD dips” – Jameel Ahmad, Chief Market Analyst at ForexTime
Read MoreFXCM’s DailyFX launches new service: High-Frequency Trading Insights
The new service is aimed at helping traders determine whether a current market move will continue, based on institutional level data.
Read MoreAnalysis: US crude inventories decline… But for how long?
Steven Knight, Research Analyst for Blackwell Global takes a close look at the factors which have caused US crude inventories to wane, and how this could be a temporary situation
Read MoreGreek debt deal: A bridge too far?
“Ultimately, what was a game of chess has now turned into a game of chicken, with Greece driving a Prius and the ECB behind the wheel of a tank. Let’s hope cooler heads prevail and Greece finds a palatable deal at the 11th hour” – Steven Knight, Reseach Analyst, Blackwell Global
Read MoreMexico’s central bank dumps another $52 million at currency auction
Mexico’s domestic economy continues to thrive with high manufacturing and oil output and a low commitment to the IMF, with very low external debt. The nation’s central bank therefore auctions $52 million per day for three months, to stabilize the peso’s value. Yesterday’s auction shows steady month for the Mexican currency
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