Tag: Forex

During the first month of the year, the currency markets fed on optimism from lower global unemployment data that support a consensus for economic growth. This positive sentiment encouraged a number of breakout patterns in several of the major crosses. The Dollar rallied to five year highs against the Yen, whilst breaking out of an… The post FX Market View #37 Markets breakouts have subsided but inflation remains appeared first on JP Fund Services.

A trading strategy is vital for succeeding in the forex market. That is what separates the successful minority of traders from the unsuccessful majority....

The greenback continued its rise against all other majors after the Fed left the markets in no doubt that it was going ahead with its tightening plans. Asset purchases will be taken down to zero by next month, and a 25bp hike is fully priced into the March meeting. Furthermore, the market is now pricing… The post Cromwell FX Market View Hawkish Fed Turbocharges USD appeared first on JP Fund Services.

All major currencies lost vs the greenback as risk off continued to dominate the week. Tech stocks that started reporting moved the Nasdaq sharply lower with Netflix reporting disappointing numbers. This move lower also moved Cryptocurrencies with it. The week ahead sees Tesla and Apple report.   Euro was weakened by dovish ECB comments even… The post Cromwell FX Market View Dollar Comes Back Strong appeared first on JP Fund Services.

Strong US inflation and continued hawkish comments from the Fed failed to give any support to the USD as it sold off against all it's major counterparts. US consumer inflation hit a 40 year high of 7% and Fed officials became more vocal for the need to raise rates. A march rise looks more certain… The post Cromwell FX Market View Dollar Loses Ground Despite Inflationary Pressures appeared first on JP Fund Services.

The market optimism that was prevalent during the first of the year faded during the subsequent daily trading sessions. Sentiment appears to sit on both sides of the fence with optimism and uncertainty oscillating with the release on new data. From one view point, investors are anxious that central banks are behind the curve in… The post FX Market View #36 Shifting market sentiment weighs down the US Dollar appeared first on JP Fund Services.

With a slightly shortened week the markets started the year risk on as Omicron fears faded however with the Fed giving a more hawkish outlook stock indices suffered a deep pull back. Sterling was the strongest pair vs the USD, CAD made ground as Oil Prices appreciated back towards 80 USD. The hawkish tone was… The post Cromwell FX Market View Dollar Stalls Despite Fed appeared first on JP Fund Services.

The New Year started with Dollar gains as market optimism pushed the greenback higher against the most global currencies. Equity markets rallied as investors looked to build upon their long positions. The pandemic and spread of the Omicron variant appeared to be centred in Europe. As a result, this limited the downside risk of Dollar… The post FX Market View #35 Markets poised for gains this week following initial selloff appeared first on JP Fund Services.

• India's Direct Overseas Listing Policy set to be announced later this month could welcome a new generation of Indian startups to UK. • Nayan...

The week saw a slew of central banks reporting surprises. The Fed indicated that next year there will be up to 3 interest rate rises, followed by the Bank of England raising interest rates. Then the ECB reported in less dovish tones than the market expected Eventually it took a late sell off in stocks… The post Cromwell FX Market View Dollar Shines… Eventually appeared first on JP Fund Services.

Vietnam’s stock markets : Vietnam Is Striving To Be Upgraded From Frontier Market To Emerging Market Status New data from Dragon Capital Group, the largest...

FX markets were mixed but the general theme of risk on returned as investors temporarily put Omicron fears behind them. Commodity currencies were strongest but moves seemed more corrective. the USD remained range bound vs European majors and Yen. With additional restrictions being introduced in the UK Sterling came under pressure but soon reversed as… The post Cromwell FX Market View Markets Put Omicron Behind Them. Temporarily? appeared first on JP Fund Services.

As further news and statistics on the newly discovered Omicron variant were being digested by traders Fed Chair Powell stirred up the markets further, by talking up faster tapering. Although early signs are the new variant is less severed markets remained risk averse preferring to wait for any news before looking to rally. The S&P… The post Cromwell FX Market View Fed Look To Taper And Omicron Nervous Markets appeared first on JP Fund Services.

Investor confidence collapsed as the news of the newly named Omicron Variant. World Heath Organisation warned that the variant has a large number of variants some of which have vaccination escape.   This new filtered through into risk assets which fell significantly on Friday. Crude Oil lost over 13% which affected the Canadian Dollar as… The post Cromwell FX Market View Omicron Dominates Headlines appeared first on JP Fund Services.

The financial markets slid lower last week as the Dollar picked up the slack and pushed higher. As per normal, the greenback is the ‘go-to’ currency when markets absorb bad news. In this situation, it was once again COVID that was the major contributor towards declining markets. However, concerns were not only limited to Europe… The post FX Market View #34 Markets see reprieve since last week’s COVID sell-off appeared first on JP Fund Services.

Stock markets have been on a downward trend for some time now. So, what should you do to protect your stock portfolio from the...

The Euro fell last week, firstly weighed by ECB comments who  continued to push back the need for policy action but more importantly lockdowns across the eurozone began to become a more likely reality as Austria returned to full lockdown. Sterling had some respite being one of the strongest performers as continued expectations of a… The post Cromwell FX Market View Lockdown Fears Resurface appeared first on JP Fund Services.

The momentum behind the Euro rally last week ran out of steam, as COVID infection numbers surge on the continent. Europe’s central and eastern currencies were also weighed down with little sign of a reprieve. As Europe looks to become the new epicentre for the next wave of the pandemic, markets are responding to the… The post FX Market View #33 Euro slides as European Nations battle a COVID surge appeared first on JP Fund Services.