4 Main Risks Involved In Futures Trading

4 Main Risks Involved In Futures Trading There’s no doubt that futures trading is inherently a risky business. Anyone who tells you it is 100% risk free is either ignorant or trying to sell you something. The truth is futures trading is a gamble. There’s no telling when you are going to win or when […] Read more

Steady as She Goes – RBNZ OCR Preview

The RBNZ is likely to repeat the key messages from February, including “OCR on hold through 2019 and 2020” and “the next move could be up or down.” The details of the statement will also be similar to February, emphasising global risks and a positive domestic outlook. Recent developments have been in line […] Read more

Stop Brexit petition breaks 1M, Leadsom said there’s case to act if it breaks 17.4m

A petition calling for UK government to revoke Article 50 Brexit request and stay in the EU gains traction today. At the time of writing, it has already collected more than 1M signatures. According to the Parliament website, would consider the petition for debate if it surpassed 100,000 signatures. House of Commons Leader […] Read more

EURUSD Testing Breakout Area

The euro is probing towards key intraday resistance against the US dollar as the greenback comes under increasing pressure ahead of Wednesday’s FOMC policy decision. The EURUSD pair could easily advance towards the 1.1410 level if bulls can break trendline resistance. The MACD indicator on the four-hour time continues to indicate Read more

Euro-Zone’s Consumer Price Index Advanced As Estimated In February

For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.1318 on Friday, after Euro-zone’s consumer inflation advanced as estimated in February. On the macro front, the Euro-zone’s final consumer price index (CPI) rose 1.5% on an annual basis in February, in line with market expectations […] Read more

Australia & New Zealand Weekly: Case for RBA Rate Cuts Continues to Build

Week beginning 18 March 2019 Case for RBA rate cuts continues to build. RBA: Assistant Governor Financial Markets Kent speaks. Australia: AusChamber-Westpac survey, Westpac-MI Leading Index, employment. NZ: GDP, consumer confidence, current account. UK: Meaningful Vote, BOE policy meeting. Europe: EU Summit, consumer confidence. US: Read more

GBPAUD Hits 1.88 after 2 ½-Years; Gains Could be Limited in Short Term

GBPAUD entered the 1.88 zone twice this week after more than 2 ½-years but the market was unable to retain gains above this mark, with the price returning to the 1.87 handle instead. The MACD has rebounded to meet its red signal line but as long as the indicator holds below that line, […] Read more

Investors Are Focused On Brexit Vote

The US dollar weakened against a basket of major currencies despite the publication of positive economic data from the US. Thus, the core retail sales index rose by 0.9% in January, while experts expected growth by only 0.4%. Retail sales also increased by 0.2% in January, although experts did not expect growth. The […] Read more

Germany’s Factory Orders Declined At Its Fastest Pace In Seven Months In January

For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1242 on Friday. On the macro front, Germany’s seasonally adjusted factory orders unexpectedly fell 2.6% on a monthly basis in January, amid drop in foreign demand and compared to a drop of 1.6% in the prior […] Read more

Summary 3/11 – 3/15

Save my name, email, and website in this browser for the next time I comment. I accept the Privacy Policy * Summary 3/11 – 3/15https://www.actionforex.com/economic-calendar/179787-summary-3-11-3-15/https://www.actionforex.com/feed/Action ForexLive Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental Read more

With a Brexit Extension in Sight, What’s the Outlook for Sterling?

The coming week will be a crucial one for the Brexit process, as the UK Parliament will finally have a chance to vote for an extension of the exit date. Alas, even if that happens, such a delay would only be a one-time trick, so ‘something has to give’ by the summer. While […] Read more

ECB Review: A Postcard from Japan

Today, the ECB surprised us by announcing a series of TLTRO3 starting in September 2019 and continuing until March 2021, each with a two-year maturity. The ECB further extended the rate forward guidance to rates remaining at present levels ‘at least through the end of the 2019’. The ECB was less convinced by […] Read more

S&P 500: Buy the Rumor, Sell the News on a US-China Trade Deal?

Despite a busy economic calendar in the US this week, including yesterday’s decent ISM Non-Manufacturing report, today’s ADP employment report, and Friday’s always impactful Non-Farm Payrolls release, US-China trade developments remain the dominant driver for US stocks. Just as we saw with the negotiations around NAFTA and Read more

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