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By Boris Schlossberg 1. Trade with a Positive Risk Reward Ratio Of all the lies taught in trading this is perhaps the worst. Mainly because it sounds so reasonable. Who wouldn't want to risk $1 to make $2? You only need to be right 40% of the time to

A great story from Bloomberg on Vishal Agrawal, a forex trader at Standard Chartered in Mumbai Agrawal listens to price movements on the trading terminal via special speech-recognition software The man was diagnosed with degenerative eye

It’s been a rough decade so far for the banking sector. Beginning with the dramatic failure of highly-leveraged Bear Stearns and its subsequent sale to JP Morgan (NYSE: JPM ) in mid-March 2008, through the collapse of Lehman Brothers in September

AUD/USD  underwent an elongated downtrend until January this year. Of note is that the down move has been framed within a multiyear descending channel and appears similar to the one in 1990s. Monthly stochastic indicator has started inching

Currency investors should consider buying NZD/JPY this week , advises Credit Suisse in its weekly FX pick to clients. "Abe's election performance has raised the probability of monetary and fiscal easing in coming weeks.  We expect JPY to

The Pound to Euro exchange rate bounced following the unexpectedly swift resolution to the UK leadership debate that will see Theresa May installed as the new Prime Minister on July 13th. British Pound to Euro exchange rate today = 1.1802 Euro to

We are lowering our 3m EURUSD forecast to 1.05 from 1.17 previously, reflecting the likely growth spillover into the wider European region from the UK's woes. Our former forecast had anticipated a general jump in European currencies which were all

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. Monte Paschi looks like it may get a €3bn injection with Italy seeking toi use

Credit Suisse have revisited their forecasts for the pound to dollar exchange rate following the UK's vote to leave the European Union on June 23rd and it looks like sub-1.30 levels are on the cards should analysts be correct. The institutional

This FX Views gives our tactical assessment post referendum, meaning opportunities on a one to three month horizon. First , “ divergence” in fundamentals is alive and well , meaning that the US is outperforming – by a large margin – Europe and Japan

Britain won't leave the EU despite referendum result, Austrian finance minister Hans Joerg Schelling told German newspaper Handelsblatt on Monday, arguing the economic volatility unleashed by the Brexit vote will prompt a rethink by the country. "

Here's a bold call. After the post-Brexit, face-ripping comeback in gold prices, Christopher Wood at CLSA believes that the precious metal is set up to more than triple in price. Since the start of 2016, gold bullion has gained 24.6%, said Wood, who

Themes: Brexit it is. The implications of the UK referendum result are hard to nail down, but we expect them to be negative in most scenarios. We would expect Brexit to trigger a chain of non-linear events well into the long-term that are hard to

One for you Spanish footy fans Lionel and his father both to go down for 21 months Lionel fined €2m, father €1.5 Spanish court says they can appeal sentence in the Supreme court

2 Key Points To Watch In June FOMC Minutes The June FOMC minutes will garner less interest than usual from market participants as the Fed’s risk management approach rules out any near-term policy moves, in our view. The tone of the minutes will

The Federal Reserve saying one media outlet prematurely transmitted some info from the Minutes The Fed says they are reviewing protocols

Comments on Bloomers Sweden should ask for a renegotiation of EU membership After renegotiation, Sweden should hold a referendum He'd say no to Sweden joining the EU banking union Would prefer to rule with the Moderate party

After the weakest jobs report in six years during May, the June data, due on Friday, are expected to show that the US labor market is not rolling over.  Bank of America Merrill Lynch has called it the most important employment

Two prominent financial market sages have come forward and warned that unless some clarity on the future is provided by UK politicians the GBP / USD exchange rate is at risk of a fall to parity. With the implications of the UK’s Brexit vote begin to

Goldman Sachs begin their nonfarm payroll preview by reminding everyone to enter the ForexLive competition! Enter at this link: Take a shot in the ForexLive Non-farm payrolls competition I must say its nice of Goldies to give us a shout out like that