Month: July 2018

A preview for the NZD traders – New Zealand employment report for Q2 is coming up  I popped up a bank preview for it yesterday, here: What’s coming (the ‘headlines’ are bolded): Unemployment rate: expected is 4.4%, prior was 4.4% Employment change q/q: expected 0.4%, prior was 0.6% Employment change y/y: expected 3.6%, prior was
Seven tips for getting the most out of the summer market It was Ella Fitzgerald who performed the song ‘Summertime’. The iconic opening lyrics are, of course, ‘Summertime and the livin’ is easy‘. Well living may be easier during the summer months, but trading can often be more challenging. During the summer months large market
Forex and Bitcoin news for Asia trading Tuesday 31 July 2018 It was BOJ day today, a day where we normally wait around on tenterhooks, jumping at shadows, until finally the Bank announces that they are doing nothing. But, today we had plenty of activity ahead of the central bank announcement. CAD was the biggest
The Bank of Japan July monetary policy decision Headlines via Reuters: BOJ MAINTAINS LONG-TERM YIELD TARGET AROUND ZERO PCT, MAKES ITS POLICY FRAMEWORK MORE FLEXIBLE BOJ MAINTAINS SHORT-TERM INTEREST RATE TARGET AT -0.1 PCT BOJ CHANGES PLEDGE ON LONG-TERM YIELD TARGET BOJ: ADOPTS FORWARD GUIDANCE ON POLICY RATES BOJ: WILL MAINTAIN VERY LOW RATE LEVELS
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
The Federal Reserve’s Federal Open Market Committee meet on Wednesday While it is a busy day in Asia today I thought I’d take a moment for a look further ahead. I know there are those very interested in what is to come on the horizon; Via RBC, not looking for anything much of significance, which
What Barclays expects this week Cable is up 32 pips so far today and this trade is a dozen pips underwater…so I guess that makes this trade an even better deal. Anyway, here’s what Barclays analysts had to say: They note that a BOE hike Wednesday is universally expected but there is a small chance
BTC/USD technical analysis So with last week’s bitcoin news that the Winklevoss ETF application was rejected by the SEC, I just wanted to highlight the fact that Bitcoin has actually held up really well. Here are some thoughts on the charts: Higher time frame musings: You can see the news drop was immediately retraced. Higher
Monday Motivation Good morning/afternoon/evening ForexLive! Back at the desk on Monday and ready to crush it. I’m sure I’m not the only one in the trading game that actively looks forward to Mondays because we get to go again.  There aren’t a whole lot of jobs in the world where people share that mindset but
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;