Tag: Forex

Central Bank Meetings are the order of the week A slew of central bank meetings in the week ahead will keep the markets engaged in monitoring the currency majors. Specific attention on Dollar strengthening as the market looks for potential trending patterns to emerge. All in all, there will be a release of policy data… The post FX Market View #24 appeared first on JP Fund Services.

USD and JPY were the key winners as risk of sentiment in stock continued throughout the week. China's Evergrande continued to worry equity markets with a risk off theme playing out throughout the week. Evergrande is China's second-largest property developer by sales, and has managed to rack up some $300 billion in debts. Doubts are… The post Cromwell FX Market View USD Ascendancy Continues China’s Worries appeared first on JP Fund Services.

Market looking to Trade the ‘Corona’ Delta The Dollar could not hold onto the gains made earlier in the week, as it paired losses against most currency majors as well as emerging market currencies. The catalyst behind the sliding Dollar most likely stemmed from two sources. Firstly, the geo-political environment heated up following the inconclusive… The post FX Market View #23 appeared first on JP Fund Services.

The technology sector is thriving while the rest of the global economy is struggling to recover. Quarterly earnings for Apple, Microsoft, and Alphabet were...

• Retail investor sentiment on euro vs pound sterling sets new bullish record • Sentiment towards WTI equals high not seen since October 2019 • 61.2m...

Dollar heads higher on growing US jobs data The Dollar ascended against the currency majors last week, snapping its decline in the beginning of August. Higher than expected jobs growth data was the stimulus that supported the greenback’s upwards trajectory. As a result, US 10-year yields reversed its five week decline, contributing toward the Dollar… The post FX Market View #22 appeared first on JP Fund Services.

Professional investors are forecasting increased volatility and trading across the foreign exchange markets, new global research from blockchain-based derivatives trading platform CloseCross shows. Anticipating Strong...

Only equity markets trade higher as risk appetite falls As the Delta variant of the corona virus subdued several major economies around the globe, the Dollar strengthened last week. In countries such as Japan and Australia as well as parts of the Eurozone, economic activities had fallen due to the implementation of some quarantine restrictions.… The post FX Market View #21 appeared first on JP Fund Services.

FTSE 100 down 2.3%. ITV down 6%. British Airways owner IAG down 5.5%. Rolls Royce down 5.5%. FTSE 250 down by 2%. EasyJet...

Dollar rally’s on inflation and retail sales data The Dollar rally’s against all major currencies last week apart for the Yen, to break the resistance it faced earlier in the month. A contributing factor towards the slight rally in Yen is put down to the BOJ tweaking its macro forecasts during Friday’s meeting. In effect,… The post FX Market View #20 appeared first on JP Fund Services.

Dollar resists short term sell-off and trades higher In the past week the Dollar faced resistance to its near-term trend of strengthening against the currency majors. Despite the fact that the jobs report released in the beginning of the month showed robust numbers, the greenback initially declined following a bout of profit-taking. However, the short-selling… The post FX Market View #19 appeared first on JP Fund Services.

Forex trading is now a day a popular profession all over the world. It is very much easy to earn money from this industry...

Gone are the days when people working in financial institutes only could take part in active trading. Recently, with the rise of online trading,...

Is this the time to buy into the Dollar dip? Following a hawkish view from the FED, the markets have priced in at least one rate hike before the end of next year. This contributed towards a Dollar recovery in the past 7 days; however the technical picture appears stretched. The Dollar near-term trend starting… The post FX Market View #18 appeared first on JP Fund Services.

People active in Financial Markets and investors are frequently attempting to forecast future price movements in order to make their approach more useful and...

Dollar experiences technical weakening gainst the majors During the past week the Dollar was pushed back as it failed to consolidate weeks of gains against the currency majors. From a technical stance this scenario is not totally unexpected. If you include a more hawkish tone from the FED with economic data revealing an increase in… The post FX Market View #17 appeared first on JP Fund Services.

A global financial market is very complex and consists of many different markets and all of them have their own rules and regulations. We...

Hawkish FED projections send the Dollar higher The US Dollar rallied following statements from the FED that were more hawkish than previously expected. Lifted higher by the a rise in US interest rates, the Dollar rally was coincided with a sell-off in equities and continued throughout the capital markets. Coming into the weekend the markets… The post FX Market View #16 appeared first on JP Fund Services.