Currency

BOC hold their second policy meeting of the year tomorrow, after having raised for the third time this cycle in January’s meeting. Yet whilst there has been speculation they may raise again in April, concerns surrounding NAFTA and Trump’s surprise steel and aluminium tariffs could outweigh any optimism in tomorrow’s meeting. Markets are currently pricing […]

The Japanese Yen remains the strongest G10 currency this year, with Trump’s trade war and BOJ’s tightening hints only adding to Yen inflows. With AUDJPY having tested the 81.57 EU referendum high on Friday, we have a close eye on this pivotal level as a break beneath it assumes the resumption of its downtrend. Faraday […]

Daily analysis of USD/CHF for March 5, 2018 USD/CHF This currency trading instrument is bearish in the long-term, neutral in the short-term, and it is quite choppy at the present. The bearishness in the market has been in place since early November 2017; plus last week was rough. Price rose from the support level at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish, and the bearishness has been in place since February 16. Last week, price moved briefly below the support line at 1.2200, and then rallied in the context of a downtrend. Unless the rally enables price to overcome the resistance lines […]

WHY ONLY SORBONNE-EDUCATED, LITERATURE PH.D.S SHOULD CUT YOUR HAIR You get a haircut every few weeks. Everyone does. Men, women, children. Even balding men need a trim occasionally (as I’m finding out, sadly). But what if I told you that you’ve been doing this all wrong? What if I told you that your barber, or […]

Ever since the Fed started tightening monetary policy in December 2015, expectations of a resurgence in banking stocks took root. Such activity is to be expected. Consider that the federal funds rate (FFR) has been raised multiple times since the devastation caused by the global financial crisis. Today, the federal funds rate stands at 1.25% […]

Daily analysis of USD/CHF for February 26, 2018 USD/CHF This pair is something that is often affected by whatever happens to the EUR/USD (in a negatively correlated manner). It tested the resistance level at 0.9400 on Thursday, and then retraced a bit. The resistance level at 0.9400 could be tested again, and even another resistance […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish in the short-term. Since testing the resistance line at 1.2550 on February 16, price has gone south by more than 250 pips (now barely below the resistance line at 1.2300). This week, the outlook on EUR pairs is bullish. While […]

HSBA stock (LSE:HSBC) is not currently looking sexy because the market is rough. Although the market was bearish last month, the month of February 2018 has been rough so far. The ADX period 14 is at the level 30 (high momentum), while the-DM is above the +DM (sell signal). However, the MACD default parameters, has […]

Central bank interest rates are an incredibly interesting topic. That’s because the interest rates charged by central banks dictate so much. They play a role in the value of the currencies they represent, they cause movement in entire economies, and they send markets for a ride. So, it’s important to keep a close eye on […]