Mohammed Abdulwadud Soubra / Blog
China Gets Downgraded and Chinese Stocks Rally 4% Talking Points: - Moody’s downgraded China’s outlook to negative from stable; this was not a downgrade on debt, but a downgrade on outlook. This is an important distinction that we explain below...
Pivot Points-Hourly Last Updated: Feb 29, 5:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08489 1.0867 1.08753 1.08851 1.08934 1.09032 1.09213 USD/JPY 112.708 112.925 113.038 113.142 113.255 113.359 113.576 GBP/USD 1.38026 1.38312 1.38486 1.38598 1.38772 1.38884 1.3917 USD/CHF 0.9988 1...
EUR-crosses Slump as Bar for ECB Action is Lowered Talking Points: - EUR/USD slides below $1.0900 on weaker than expected EZ CPI data. - EUR/CAD, GBP/CAD breaks lower in line with bottom potential in Crude Oil. - Risk management is the cornerstone of long-term success in trading - learn more...
Moving on from G20 The weekend meeting of G20 finance ministers and central bank governors created a lot of noise, but little in the way of consensus regarding the way ahead or on policy action. That was to be expected really...
29 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 07:00 German Retail Sales m/m EUR Med. -0.2% 0.3% Positive 09:30 Net Lending to Individuals m/m GBP Med. 4.4B 5...
Euro May Fall Further as Soft CPI Hints More ECB Easing Ahead Talking Points: NZ Dollar falls as data drives rate cut bets, Yen gains as S&P 500 futures fall Euro downturn may continue as soft inflation data beckons more ECB easing Global stimulus expansion hopes may offer support to risk sen...
Pivot Points Hourly Last Updated: Feb 29, 1:15 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08862 1.09011 1.09074 1.0916 1.09223 1.09309 1.09458 USD/JPY 112.459 112.676 112.787 112.893 113.004 113.11 113.327 GBP/USD 1.38219 1.38455 1.3856 1.38691 1.38796 1.38927 1.39163 USD/CHF 0.99533 0...
Pivot Points_Hourly Last Updated: Feb 27, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09053 1.092 1.09295 1.09347 1.09442 1.09494 1.09641 USD/JPY 113.667 113.781 113.854 113.895 113.968 114.009 114.123 GBP/USD 1.38505 1.38568 1.386 1.38631 1.38663 1.38694 1.38757 USD/CHF 0.99311 0...