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An economic reality check for Mexico and the peso

Posted on: 18 February 2019 , by: Darren Sinden , category: Market Review

Mexico elected a new president in 2018. Andrés Manuel López Obrador or ‘AMLO', a left-leaning populist, came to power in last year's election after having failed to win in previous campaigns in 2006 and 2012. ... Continue reading...

Is the US dollar prime for a reversal?

Posted on: 18 February 2019 , by: Boris & Kathy , category: Market Review

The US dollar enjoyed strong gains in the first week of February, but even a budget deal in Washington failed to drive it higher. With retail sales falling by the biggest amount in nearly a decade, many forex traders are wondering if the US dollar is past its prime. Last week all of the major currencies held steady or traded higher against the greenback. ... Continue reading...

Is silver about to shine once more?

Posted on: 11 February 2019 , by: Darren Sinden , category: Market Review

We last looked at the upside potential for silver in late November. Since then, the metal moved higher throughout the remainder of that month and into December before spiking sharply higher by the broad market volatility. ... Continue reading...

Five reasons why the fear trade is back

Posted on: 11 February 2019 , by: Boris & Kathy , category: Market Review

The fear trade is back. All of the major currencies fell sharply last week as investors flocked into the safety of the US dollar. Big deadlines are looming in February and investors are worried that they will result in more uneasiness than relief. Prime Minister May needs to deliver significant progress on Brexit negotiations to Parliament on February 13th, or the government will present a motion that would allow MPs a greater control of the Brexit process. ... Continue reading...

Safe haven flows can strengthen the yen

Posted on: 04 February 2019 , by: Darren Sinden , category: Market Review

Dollar yen found itself at the centre of a flash crash at the start of the New Year. Even though it rebounded from the lows posted then, the pair has looked tired throughout January. ... Continue reading...

FX week ahead – what to expect from RBA and BoE

Posted on: 04 February 2019 , by: Boris & Kathy , category: Market Review

Between the strong US nonfarm payrolls report and a less hawkish Federal Reserve monetary policy statement, the equity markets are on fire. This improvement in risk appetite lifted many currency pairs with the exception of sterling, which continues to be haunted by Brexit. ... Continue reading...

Trading Opportunities in February

Posted on: 01 February 2019 , by: Pepperstone Support , category: Market Review

After the sharp reversal in market sentiment in January coupled with a strong performance in equity, credit and commodity markets, can the positive trend we’re seeing continue in February? ... Continue reading...

Is GBP poised to move higher against the Euro?

Posted on: 29 January 2019 , by: Darren Sinden , category: Market Review

FX: This Week is About Brexit Plan B, FOMC, NFP

Posted on: 29 January 2019 , by: Boris & Kathy , category: Market Review

This will be an important week for the US dollar. The longest ever US government shutdown delayed many economic reports and investors are left with nothing but small glimpses into how the economy is doing. ... Continue reading...

How US Government Shutdown is Good for USD and Stocks

Posted on: 21 January 2019 , by: Boris & Kathy , category: Market Review

For the first time this year, we’re seeing renewed demand for U.S. dollars and it is not due to risk aversion. U.S. stocks ticked up every day last week, driving equities higher across the globe. ... Continue reading...

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