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New Zealand data ANZ Job advertisements for May: +0.2% m/m (prior was +1.8%, revised from1.7%) For the y/y, up 7.2% ANZ commentary...
GBPUSD: The pair looks to build up on its recovery after reversing all of its intra day losses on Thursday. On the downside, support lies at the 1.4200 level where a break will turn attention to the 1.4150 level. Further down, support lies at the 1.4100 level...
What is the difference between forex and sport betting? Forex (foreign exchange) trading simply involves buying currencies when their prices fall and selling them as soon as they appreciate markedly...
In recent years Price Action has rapidly gained popularity among traders for its simplicity and reliability. It really is so good that many traders have started to use the elements in their trade. The most popular and recognizable element was a pin-bar...
With a majority of opinion polls currently favouring a 'Leave' outcome betting odds have changed substantially. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
A mix of stupidity, cold-heartedness and fear Part 1 The all-time classic market rumours cartoon is perfect to illustrate what's happening today. The headlines say something like: UK PM David Cameron suspends EU vote campaigning because of Jo Cox death...
Talk the Brexit vote could be delayed There's a completely unsourced (and very likely untrue) rumour that the Brexit vote could be delayed because of the murder of UK MP Jo Cox today...
UK MP Jo Cox now confirmed dead The murder of UK MP Jo Cox has resulted in the suspension of Brexit-related campaigning so that might be the reasons...
I think down trend of USDJPY is ending. Below is ichimoku kinko hyo chart. Lowest value of Chikou span is being high. I think now is buying point. What is your opinion...
When you go 258 pips, there may be some profit taking. The USDJPY has moved about 258 pips from the highs and reached this low in the process.(see chart below) There was a healthy correction that saw the price test the earlier low at 104.50 and the 38.2% retracement of the move down at 104.527...
This market is disappointing more than England The Australian and Canadian dollars are down more than 1% and now the New Zealand dollar has broken below 0.70. A full-on flight to safety is beginning to emerge...
Labour MP Jo Cox shot today It's unclear if the UK member of Parliament was targeted or became involved in a dispute. The assailant is at large and a witness said he was in his 60s or 70s...
S&P 500 down 12 points to 2058 Let's count the reasons why Strength in the dollar Weakness in oil The lack of action from the BOJ...
EUR/USD is off the lows and has found a new range ahead of the all-important decision by the Federal Reserve. The euro is moving by external factors, influenced by the British EU Referendum more than anything else...
Details of the June NAHN housing market index: Five month high Prior was 58 (unrevised) Single-family sales 64 vs 63 prior Prospective buyers 47 vs 44 prior...
that the employment trends in these regional reports are going to start filtering through the wider market? It's fine to acknowledge a trend but not at the expense of looking for signs it's going to end...
Strong dollar and rising supplies weigh WTI crude is down nearly 2% in a broad commodity slump. Oil fell yesterday then rebounded on an unexpected drop in US inventories. However, all the gains evaporated and it closed at the lows yesterday...
US CPI data highlights: Prior was +0.4% m/m CPI ex food and energy +0.2% vs +0.2% m/m exp CPI +1.0% y/y vs +1.1% exp CPI ex food and energy +2.2% y/y vs +2.2% exp...
June 2016 US Philly Fed business outlook index Prior -1.80 New orders -3.00 vs -1.90 prior Employment -10.90 vs -3.30 prior Prices paid 23.00 vs 15.70 prior...
4- week average 269.25 vs 269.5 last The US weekly jobless claims came in at 277K vs 270k estimate. The 4-week moving average dipped slightly to 269.25K from 269.5K last week (lets call that unchanged). The continuing claims came in at 2157K vs 2140K est...
