Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]
August 2015
Where next for gold …..and silver?
Whenever I put the proverbial pen to paper and start to write about gold, I can already hear the chorus of dissenting voices from those […]
Don’t panic…..Don’t panic!
Here in the UK in the 1970’s one of the most popular TV comedy series was one called Dad’s Army. The series was set during […]
The good news just keeps rolling in for oil traders
For oil traders and speculators the summer months continue to deliver stellar trading opportunities, and whilst equity investors are wringing their hands, the WTI contract […]
Sterling boosted by inflation data
This morning’s inflation data most definitely put the spring back into Cable bulls with the pair launching itself off the VPOC (volume point of control) […]
Cable drags down the bulls
One question I’m often asked by new traders which currency pairs they should they start with, and my suggestion has always been to consider Cable, […]
Aussie & kiwi rebound following PBOC decision
Market analysts have offered a number of reasons for the PBOC’s dramatic revaluation of the Yuan, including China’s desire to have the currency added to […]
Gold investors – look away now!
Like oil, gold is another commodity where the longer term perspective not only helps to place the current bearish picture in context, but also highlights […]
Oil prices – how low can they go?
When considering the chart for crude oil, there is really only one question to answer and it is simply this – how low can it […]
Aussie & pound continue to hold the spotlight
Before tomorrow’s main event, namely the Non Farm Payroll numbers, we still have some important releases for a number of currencies, with the Aussie once […]
Cable waits for BOE
Cable anticipating BOE by going precisely nowhere! All we can say is 1.5550 region represents strong support & is also where have the 200 ma. […]
Cable may be rangebound, but the cross pairs deliver
Tomorrow sees the release of the Services PMI for the UK where a figure of 58.1 is expected against a previous of 58.5, a small […]
Aussie dollar bounces back on RBA rhetoric
It only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went sent completely […]
Aussie dollar in focus
The commodity dollar now coming into the market’s cross hairs is, of course, the Aussie where a string of key releases are due in the […]
Canada and the Loonie under the cosh
Of the currencies likely to be in focus this week, I really did not expect the week to start with a further move lower for […]