Live Support Centre

News

Boris and Kathy Forex Weekly 24/4/2017

Posted on: 24 April 2017 , by: Boris & Kathy , category: Market Review

Major Events in Europe to Dominate This Week There was very little consistency in the performance of the U.S. dollar this past week but the one trend we can see is that European currencies performed well while commodity currencies struggled to keep up. We may see continued divergence in the week ahead as the market focuses on major events in Europe. ... Continue reading...

The French Election – How will the close race impact EURUSD?

Posted on: 19 April 2017 , by: Boris & Kathy , category: Market Review

The French Election – How will the close race impact EURUSD? The French Presidential election goes into its first round of voting this Sunday, April 23rdand in its last week of campaigning the contest is a toss-up. The race is coming down tofour candidates - the far-right Marine Le Pen, the independent Emmanuel Macron, the centre-right François Fillon and the left-leaning Jean-Luc Mélenchon who has mounted a late-stage comeback to pull within striking distance of the other three. ... Continue reading...

Boris and Kathy Forex Weekly 18/4/2017

Posted on: 18 April 2017 , by: Boris & Kathy , category: Market Review

6 Events to Trade after Your Easter Holiday For the past few weeks, front page news dictated currency flows with investors taking in headlines on big stories like the U.S. attack on Syria to the bombing in Afghanistan and President Trump’s currency comments. Of course the U.S. is not only the source of trouble as there’s also been terrorist attacks across Europe, Brexit and this weekend, we have the first round of the Presidential election in France. So it should no surprise that the main theme in the forex market is risk aversion and that explains why the Japanese Yen traded higher against all of the major currencies this past week. ... Continue reading...

Boris and Kathy Forex Weekly 10/4/2017

Posted on: 10 April 2017 , by: Boris & Kathy , category: Market Review

Geopolitics Invade FX The U.S. dollar traded higher against most of the major currencies this past week. Unfortunately the strength was driven by risk aversion and not healthier data. This can be confirmed by the fact that the Australian dollar was the worst performer and the Japanese yen the best performer. High beta currencies tend to perform poorly when investors are nervous whereas the yen is generally bid up under these same conditions. ... Continue reading...

Boris and Kathy Forex Weekly 3/4/2017

Posted on: 03 April 2017 , by: Boris & Kathy , category: Market Review

FX - Watch U.S. Payrolls, RBA, U.K. PMIs  The first quarter has come to an end and it was a tough one for the U.S. dollar. Even a rate hike by the Federal Reserve failed to stem the slide in the greenback, which lost approximately 5% of its value against the Japanese yen and Australian dollar. The lack of urgency among U.S. policymakers to follow up the March hike in June was the main cause of the weakness but the failed health care bill, tax reform uncertainty and mixed data also contributed to the move. As we head into the first week of the second quarter, the dollar faces continued risks with the prospect of slower payroll growth. Here are the top 5 events forex traders need to watch this week: ... Continue reading...

Brexit and GBPUSD - Which Way Now?

Posted on: 28 March 2017 , by: Pepperstone Support , category: Market Review

Brexit and GBPUSD - Which Way Now? Brexit. It’s one of the most talked about market events in recent years. British PM Theresa May has indicated the UK will trigger Article 50 on March 29, launching an exit from the EU. Trading opportunities should be plentiful for the Pound, Euro and other currencies as this global event takes place. ... Continue reading...

Boris and Kathy Forex Weekly 27/3/2017

Posted on: 27 March 2017 , by: Rhyannon Phung , category: Market Review

The U.S. Dollar Could Fall Some More, Sterling Also at Risk The U.S. dollar traded lower against all of the major currencies with the exception of the Australian dollar. This divergence is a sign of risk aversion and not a function of Australia’s economy as there were no major economic reports released this past week. The RBA minutes were also optimistic. The only other explanation for AUD’s underperformance is the decline in iron ore prices. The best performer was the Japanese Yen and the British pound. The former rose on risk aversion while the latter rallied on healthier data. All of these moves are at risk in the coming week with Article 50 expected to be triggered and U.S. fiscal policy in focus. ... Continue reading...

Boris and Kathy Forex Weekly 20/3/2017

Posted on: 20 March 2017 , by: Boris & Kathy , category: Market Review

Buy Dollar on Dips or Sell on Rallies – What’s the Better Trade? The U.S. dollar traded lower across the board this past week. The best performers were the Australian dollar and British pound but outside of the euro, nearly all of the major currencies appreciated more than 1% against the greenback. ... Continue reading...

Boris and Kathy Forex Weekly 14/3/2017

Posted on: 14 March 2017 , by: Boris & Kathy , category: Market Review

Dollar Marks Time, 4 Rate Decisions Ahead With Yellen preparing to raise interest rates and the market gearing up for stronger U.S. data, the dollar extended its gains against all of the major currencies. The only currency that did not end the week higher against was the euro and that was because of the ECB.  The commodity currencies were hit particularly hard while the sterling crumbled under the weight of Brexit. The week ahead will be another busy one with four central bank rate decisions, Australia and the U.K.’s employment report and the possible trigger of Article 50 on the docket. ... Continue reading...

Boris and Kathy Forex Weekly 6/3/2017

Posted on: 06 March 2017 , by: Boris & Kathy , category: Market Review

March Madness Begins What a great week it has been for the U.S. dollar! The greenback took in gains against all of the major currencies, rising more than 2% versus sterling, the New Zealand and Canadian dollars. Key levels were broken all around with EUR/USD testing 1.05, USD/JPY hitting 114.50 GBP/USD cracking 1.2300 and AUD/USD breaking below 76 cents. These big moves give traders a taste of the volatility that they can expect this month as there are a number of high profile events in March that could shake the financial markets. This coming week for example we have the European Central Bank’s monetary policy announcement and the U.S. non-farm payrolls report. The following week is the FOMC meeting, press conference from Janet Yellen, the Dutch elections and the G20 Finance Ministers / Central Bankers meeting. Of course we can’t forget that U.K. Prime Minister May plans to trigger Article 50 by the end of the month. Each of these events could trigger big moves in currencies but with so much happening over the next 20 trading days, March will certainly be an exciting month.  ... Continue reading...

Loading