Francis Dogbe
Francis Dogbe
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CEO at CODEJOE
Francis Dogbe
The Australian dollar sprung to life again last week against its U.S. counterpart, rallying more than 300 pips from its lows and managing to close near its week high...
Francis Dogbe
Francis Dogbe
Am beginning to dislike USD... :(
Farrukh Aleem
Farrukh Aleem 2016.03.08
and why is that?
Francis Dogbe
Reports indicate that some of the stolen funds were traced to the Philippines, but given what we know about the "Cyber Axis of Evil," we can only suspect it was Iranians, Chinese, or the criminal/military mastermind Kim Jong-Un who was behind the scam, but whatever the case, someone, somewhere, h...
burak UMITVAR
burak UMITVAR 2016.03.08
why did they steal from the poor bangladesh where there are many other options ??
Francis Dogbe
It was a fairly good week for shares of retail forex brokers. (At least for some of them...
Francis Dogbe
Published post Dollar and Yen Post Gains to Start the Week
The US dollar is retracing part of its pre-weekend losses against the European currencies and dollar-bloc today while falling equity prices are underpinning the yen. Brent is nearing $40 a barrel, and WTI is pushing through $36. Iron ore prices were limit up in China...
Francis Dogbe
When I was growing up, the only person whose job involved any sort of automation was George Jetson. Today however, automation makes part of the development of products we use in our everyday life and will continue to infiltrate industries and enterprises across the globe in the years to come...
Francis Dogbe
Traders are treading cautiously this Monday morning after a rather clouding Non-farm Payrolls report and the Chinese National People’s Congress over the weekend set out a growth rate of 6.5% to 7.0% for the next year. Wall Street closing higher (S&P 500 up 0...
Francis Dogbe
Sometimes the news stream drives prices, and sometimes the price action drives the narratives. We argued that the sharp decline in equities at the start of the year was fanned the doom and gloom in the media and market commentary...
Francis Dogbe
EUR/USD was under pressure as the tension towards the ECB's meeting, the main event of the upcoming week but certainly took advantage of the greenback's weakness. Will Draghi drag the euro down or will it bounce like in December...
Francis Dogbe
To make it short and painful: there is no perfect trading strategy and how well you can deal with losses will determine your future success as a trader – more than your actual trading strategy will...
Francis Dogbe
A British decision to leave the European Union would be “poison” for the UK, European and global economies that would last for years, the German finance minister has said...
Francis Dogbe
Francis Dogbe
Pick your spot..
Stuart Browne
Stuart Browne 2016.03.06
AUDUSD, should have a few more legs left in her.....
Francis Dogbe
Published post Near-term Dollar Outlook is Nuanced
The US dollar fell against all the major and most of the emerging market currencies last week. Risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the past week. Major equity markets advanced for the third week...
Francis Dogbe
Seven years ago on Saturday (5 March), the Bank of England slashed interest rates to a record low of 0.5%. At the time, the cut and plans to pump billions of pounds of electronic money into the economy seemed like an emergency measure to cushion the UK from the global financial crisis...
Francis Dogbe
The US dollar found itself under pressure this week as despite a run of relatively positive economic numbers, the Fed hinted that the March meeting will not really be a ‘live’ one...
Francis Dogbe
According to today's employment report, 59.8 percent of Americans ages 16 and older had jobs in February. That's the highest employment-to-population ratio in years, and the rate of increase is clearly on the rise. Look back some more years, though, and the story is different...
Francis Dogbe
• Gold's bullish momentum keeps going after breaking above declining channel. Hourly resistance is given at 1308 (21/03/2015 high). Hourly supports lies at 1253 (24/02/2016 low). • In the long-term, the technical structure suggests that there is a growing upside momentum...
Francis Dogbe
Remember the hype over bitcoin? The crypto-currency that so tantalized techies and excited investors is today in a sorry state: Its core supporters are at war with each other and ordinary consumers still don’t care about this supposedly revolutionary form of money...
Francis Dogbe
On 23 June 2016, the UK will hold a referendum on whether to remain part of the EU. Suppose the UK votes to leave the EU. What happens next? Unfortunately, no one knows. A vote to remain in the EU would be a vote to maintain the status quo...
Francis Dogbe
Published post The GBPUSD trades at new session highs as London exits
The GBPUSD ended last weeks trading at the lows for the week and at the lowest level since March of 2009. On Monday that low was extended from 1.3852 to 1.3840 and then 1.3835, but when the momentum could not be sustained, the pair rallied higher to the 100 hour MA (blue line in the chart above...