Month: August 2019

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Seasonal trends in financial markets in September September isn’t the greatest month for seasonal trends. When you think about it, that makes a lot of sense. July and August are holiday months and that keeps central bankers and government officials largely on the sidelines. When they get back to work in September, things start to
Today is a mixed day for stocks. According to FirstSquawk, the S&P has the highest percentage weekly gain since early June, but the largest percentage monthly loss since May.   The Dr. Jekyll and Mr. Hyde of the US stock market. For the day, the major indices were –  what else – mixed. The closes are showing: The S&P index rose
CFTC commitment of traders: GBP and AUD shorts are the largest positions Coming Up! Title text for next article Forex futures positioning data among noncommercial traders for the week ending August 27, 2019 EUR short 39K vs 38K short last week. Shorts increased by 1K GBP short 89K vs
The August seasonal patterns nailed it You can’t predict anything from Donald Trump but the August seasonal patterns did a great job of predicting how the month would go. At the start of the month, I highlighted six seasonal patterns in August and here’s how they did. 1. Weakest month of the year for NZD/USD
The Reserve Bank of Australia has published The Reserve Bank’s Corporate Plan for 2019/20 (full thing can be accessed here)  What is it? plan outlines the key functions and purposes of the Bank This on monetary policy: You’ll notice the inflation goal. The ‘over time’ bit gives them some flexibility. I do not believe this
A wealth of information  It is always worth having a look through central banks minutes as they are often helpful in providing background information or a general overview on the present market conditions. I recommend beginner traders taking some time to do this as it starts to key them in with the major market themes.
A closer look at scalping in FX ForexLive The purpose of this article is to provide you with a detailed explanation of what the FX 1-minute scalping strategy is and exactly how to use it. As a number of different indicators are used in this method, it is best suited for traders with at least
Comments by Global Times editor-in-chief, Hu Xijin The tweet reads: “Based on what I know, Chinese and US top negotiators didn’t hold phone talks in recent days. The two sides have been keeping contact at technical level, it doesn’t have significance that President Trump suggested. China didn’t change its position. China won’t cave to US
Sentiment, like food, is best traded fresh. Firstly, what is sentiment? Sentiment is, quite simply, the present mood of the market. The market, like people, has different moods depending on what has just happened. As traders we are always wanting to know what the current sentiment is. Now, trading sentiment is a basic market skill