All Blogs
Factory orders and a speech from Dudley later It's always nice to return from a long weekend to a light economic calendar. The market is trying to find its legs as cable takes a fresh beating. There were worries about Carney and the services PMI but the news was ho-hum...
EURGBP cracks 0.8500 And that's sent cable down to test 1.3100. There's news arriving that yet another fund is halting exiting from it's property fund. Aviva is reported to have said it will suspend selling due to "extraordinary circumstances" (that old chestnut...
EURGBP cracks 0.8500 And that's sent cable down to test 1.3100. There's news arriving that yet another fund is halting exiting from it's property fund. Aviva is reported to have said it will suspend selling due to "extraordinary circumstances" (that old chestnut...
It's time to clarify some things about Brexit Going by some of the comments there have been about Brexit you'd think the UK will resemble a world akin to something from the Mad Max films. Let's be straight about a few things. No one is saying there won't be any economic fallout...
Carney presser following the release of the FPC's Financial Stability report BOE will be straight with the British people Now likely that adjustments in commercial real-estate and will tighten credit conditions There is growing evidence that post Brexit uncertainty has delayed decisions on invest...
Latest BOE Financial stability report Will reduce counter cyclical capital buffer to 0.0% from 0.5% with immediate effect until June 2017 at the least CCB cut will reduce buffer by £5...
Details from the June 2016 UK Markit/CIPS services PMI data report 5 July 2016 Prior 53.5 New orders 52.3 v s53.5 prior Composite 52.4 vs 52.0 exp. Prior 53.0 New orders 53.0 vs 51.5 prior...
GBPUSD: The pair looks set to resume its broader medium term weakness following its sell-off during Tuesday trading session. On the downside, support lies at the 1.3050 level where a break will turn attention to the 1.3000 level. Further down, support lies at the 1.2950 level...
EUR/USD: Bearish: Room to extend lower but 1.0820 is a major support. The current short-term consolidation/correction phase is taking longer than expected as EUR continues to hold above the 1.1095/00 support. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
1. They keep faith in their abilities during times of drawdown. Despite what less experienced traders may think about professional traders, everyone has losing streaks at some point in time...
Details from the June 2016 French Markit services PMI data report 5 July 2016 Prior 49.9 New orders 50.3 vs 51.7 prior Composite 49.6 vs 49.4 prior New orders 49.6 vs 51.0 prior...
Trade_mode: Select trade option. STOP_ORDER_BREAK. MARKET_ORDER_BREAK. STOP_ORDER_PULLBACK. MARKET_ORDER_PULLBACK...
Details from the June 2016 Italian Markit/ADACI services PMI data report 5 July 2016 Prior 49.8 New orders 52.1 vs 51.0 prior Composite 52.6 vs 50.8 prior New orders 52.7 vs 51.4 prior...
EURUSD jumps to 1.1186 as Italy looks to prop up bits banks The Italian banking sector worries have been calmed with news that Italy is looking to prop up its banks...
Details from the June 2016 Spanish Markit services PMI data report 5 July 2016 Prior 55.4 New orders 55.7 vs 54.3 prior Composite 55.7 vs 54.6 prior New orders 54.5 vs 53.5 prior...
Following the collapse of the construction PMI there's going to be some nervousness around the services PMI GBP longs beware! Yesterday's construction PMI was a very loud warning bell for Brexit related economic fallout...
It's a two-for-one Mark Carney day today The BOE head is gracing us with his presence twice today. At 09.30 GMT he brings us the latest BOE financial stability report. Ok, he's not really speaking live for this one but we'll get all the details and comments from the report...
With Dovish Draghi set to give a testimony this week, I’m waiting for an opportunity to short the euro in anticipation of more ECB easing clues. Here’s what I’m looking at. On the pair’s 4-hour time frame, it looks like price is pulling up to an area of interest around the 1...
Having a proper trading journal is an important aspect of trading. After all, it’s the only way to measure yourself and see whether you’re following your trading plans or not. It also helps points out areas of your trading that may need improvement...
Same old same old from the RBA leaves the aussie with some work to do No apple carts tipped over by the RBA this month, as expected. AUSUSD has found itself stuck between 0.7500 and 0.7545. AUDUSD 15m chart That lower bound extends down to the low at 0.7494 so if 0...
