myforexsystem.info

Forex binary option trade forex binary option

Tag: GBP/USD technical analysis

Asia Market update : A time out

China Data China CPI data came out bang on market expectation while the PPI rose slightly 3.6 % versus 3.5 % but continues to trend lower despite weaker Yuan and tariff price pressures. But given the delta to expectations are negligible there isn’t much of trade to be had on the data. Regional equity markets […]

Another ominous Yuan fix?

The Yuan Another ominous signal from this mornings Yuan fix has sent Yuan bears into action. While the counters cyclical mechanism pegged the fix lower than yesterday close, we’re still trading at year highs suggesting the central bank is in no rush to stem the weakening tide. However, this does run contrary to statements from […]

Oil prices score for a second consecutive monthly gain

Oil futures rallied Friday on signs of tightening supplies, tallying a second monthly gain in a row, with global crude prices settling at another four-year high. “Until sizable supply is offered up by OPEC and with pandemic market chatter raging about the $100 per barrel market, it’s hard not to be blatantly bullish,” said Stephen […]

Picking up the pieces post FOMC

US President Trump said to suggest he is going to call China President Xi tomorrow, which should be soothing news for a lot of cross assets none more so than Chinese equity markets. Keeping an eye on this one.! US Markets US stocks ended the day lower as the Fed is expected to stay the […]

Seeing the forest for the trees

Seeing the forest for the trees With trade war dominating the landscape, even more so after this morning’s US tariff headline, it’s easy to focus on markets from a one-dimensional perspective. But cross-asset trading is multidimensional and observing the more granular details can offer much-needed clarity in these difficult times. US Markets Certainly, Trade war […]

When the going gets tough, the tough get going

When the going gets tough, the tough get going U.S. stocks are trading off their intraday highs late in the NY session weighed down by financials profit-taking ahead of the deluge of bank earnings reports on Friday, robust US economic data had temporarily overshadowed fears over global trade disputes. That was until a late NY […]

Big Trouble in Big China ?

Big Trouble in Big China? A very typical July 4th with a whole lot of nothing going on due to the US holiday and prices virtually stopped dead in their track once NY took over the trading books from London. But this sense of calm belies the nervous undercurrent of unease as traders continue to […]

Not out of the weeds yet

Not out of the weeds yet After yet another Monday morning equity meltdown in Asia and an equally poor showing across global equity markets. President Trump’s lieutenants Mnuchin & Navarro issued an unequivocal denial the  US is considering investment restriction on China.  US equity markets have subsequently bounced off session lows were the S&P was […]

Risk barometer in the red (OANDA Podcast)

Stephen Innes, Head of Trading in the Asia Pacific, OANDA, Singapore Stephen analyzes how Recep Tayyip Erdogan’s triumph in the Turkish presidential elections could affect the lira, and how OPEC’s latest production deal could impact the ringgit. BFM Radio Kuala Lumpur