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Results: 991 to 1000 of 1,000
Results: 991 to 1000 of 1,000
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Intraday Market Thought: ECB Taper on Table, Gold off it
by Adam Button | Oct 4, 2016 23:32
A report that the ECB is considering taper bond purchases sparked a round of....The US dollar was the top performer in a volatile session while the yen lagged...New 31-year lows in GBPUSD and gold breaking below 1300 were the other big....Japan's services PMI from Nikkei is due up later along with Australian....Last night's Premium Insights pre-RBA trade has been filled as it nears....The ECB is thinking about tapering bond purchases, according to a Bloomberg....The question is: when?....The euro jumped nearly a cent on the initial headlines on the impression that....Later, the gains were halved on the idea that the ECB is more talking about....The story itself seems to swing both ways...They highlight that the ECB is running out of assets to buy (true) and wants to....Naturally, the ECB denied it but even the denial only went half-way...They said the ECB didn't discuss tapering at the Governing Council....But the Bloomberg story stated that tapering was later discussed...The market remains skeptical, but tapering now (and maintaining the size....Anyone who watched the last 2 ECB press conferences would notice that Draghi'....Extending the duration of asset purchases beyond March 2017 is the most....Expanding the size of the program was considered unsustainable due to the....After today's taper story, QE expansion is pretty much out of the....nbsp;....Aside from the ECB story, markets were volatile on Tuesday and the US dollar....Bonds and stocks sold off at the same time...The dollar gains came in spite of the IMF lowering its US growth forecast this....6% from 2...2%....USD has shown time and again that it's tough to hold down...USD/JPY broke above the downtrend since May and is approaching the 100-day....76...The yen may react later to the Nikkei services PMI at 0030 GMT...The prior reading was 49...6...The more-important release is Australian August retail sales at 0030 GMT...The RBA held yesterday but it didn't add much to AUD/USD...The consensus is +0...2% m/m.
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Intraday Market Thought: Oil Slumps, RBA, BoJ next
by Adam Button | Nov 1, 2016 1:35
November roars to life in the day ahead with the RBA and BOJ decision on deck...It comes after a sharp fall in oil to end October and the Fed decision looming....We also take a look at November seasonals...The short oil trade in the Premium Insights held since Sep 30 is now in a....There are also 2 CAD-related trades...The Premium Video below covers the existing trades...The market understandably ignored US economic data on Monday with so much on....On the downside, the Chicago PMI slumped to 50...6 compared to 54...0 expected...On the positive side, personal spending rose 0...5% in Sept compared to 0...4% expected...PCE core inflation was in-line with estimates at 1...7% y/y...Cable finished a dismal month with a 60 pip gain...Much of it came in a flurry ahead of the London close in what looked like month-....That's not as long as his full that expires in 2012 but it's longer than....Oil was the big mover on the day as WTI crude fell 4% to wipe out the monthly....Diminishing chances of an OPEC deal as Iran and Iraq look for exemptions hurt....November is the second-weakest month on the calendar over the past decade for....Given that, it's no surprise that November is also a weak month for CAD...Other notable seasonals are that cable traditionally struggles in Nov and EUR/....It's generally a good month for the US dollar and a middling month for....Looking ahead, the RBA and BOJ decisions are both due in the hours ahead...Policy moves are a longshot with no chance of a BOJ change priced in and....3% likelihood of an RBA move...The BOJ is still rolling out its yield-curve control policy so we don't....The RBA is out at 0330 GMT and the BOJ in the usual 0230-0330 GMT range, likely..
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Media: City Index Ranks #1 in FX Forecasts
by Ashraf Laidi | Oct 28, 2013 14:31
Ashraf Laidi's currency forecasts lift City Index to the top of the rank..
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Intraday Market Thought: Euro Struggles Point to Troubles
by Adam Button | Nov 7, 2013 0:16MNI published a sources story saying the ECB won't cut ahead of Thursday'....That's not a big surprise but the lack of sustained upside in EUR/USD is....The Canadian dollar was the top performer while the yen lagged...Up next is the Australian employment report...Today's Premium Insights added 2 new EURUSD trades and 1 USDCAD short ahead....MNI is best known for its 'ECB sources' stories because they have a....They cited a senior eurosystem source saying the ECB doesn't want to....EUR/USD jumped to 1...3549 from 1...3515 on the headlines but what's interesting is the lack of follow....A number of analysts have backed away from rate cut calls after last week'....We have maintained the ECB won't cut rates...The inability to hold euro gains on the MNI story suggests the market has....That could mean some quick selling on a kneejerk higher in EUR/USD announcement...That leaves Draghi's communication as the main factor...We struggle to believe Draghi will strongly hint at a cut in December but....Coming up at 0030 GMT, Australia releases the October jobs report...The Aussie has been flying high on upbeat data this week and expectations....7% from 5...6%....As always, watch the breakdown of full-time/part-time jobs. -
Annoncements: Ashraf Budapest Seminar - Tuesday
by Ashraf Laidi | Nov 18, 2013 11:08Ashraf's seminar in Budapest this Tuesday starts at 4 pm until 7 pm local....Ashraf will cover the latest tug of war between Federal Reserve lack of clarity....Besides his forecasts on FX and metals, Ashraf will cover equity indices, the....Full details and event registration here:.. -
Intraday Market Thought: Ashraf Budapest Seminar - Tuesday
by Ashraf Laidi | Nov 18, 2013 21:13Ashraf's seminar in Budapest this Tuesday starts at 4 pm until 7 pm local....Ashraf will cover the latest tug of war between Federal Reserve lack of clarity....Besides his forecasts on FX and metals, Ashraf will cover equity indices, the....Full details and event registration here:.. -
Intraday Market Thought: Recording of Ashraf's Pre-NFP Webinar
by Ashraf Laidi | Jan 11, 2014 14:13Ashraf's Thursday Pre-NFP webinar focused on the technicals and....The next day, the biggest rise in Canada's unemployement in 6 years pushed....nbsp; Ashraf also went over the 21-year performance of 11 currencies and 14....For a full recording of the webinar, click on this link and scroll down to.. -
Premium: Refocusing on GBP & CAD
by Ashraf Laidi | Mar 11, 2014 19:45Update: Mar 14, 2014 19:39 GMT....We are issuing 2 new shorts in CADJPY and 2 new charts on the pair Unlike....See 2 charts below and trades in the Trades section...Update: Mar 12, 2014 19:15 GMT....We are issuing 2 new longs in NZDUSD ahead of the looming RBNZ decision....We use this week to refocus on CAD and GBP for different reasons; the CAD for....We start off with 1 new trade in GBPUSD and 3 charts...Tomorrow we update on NZD and AUD trades...See charts below. -
Intraday Market Thought: Capitalizing on Swedish Deflation
by Ashraf Laidi | Mar 27, 2014 10:53
It's time to focus on Sweden's SEK, which is the only currency....AUDSEK longs will likely become the next popular trade...Full Charts & Analysis..
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Premium: On Yen Consolidation
by Ashraf Laidi | Apr 23, 2014 19:37
Update: Apr 24, 2014 18:33 GMT....We are issuing quick short in CADJPY ahead of speeches from Canada's....We are reverting to shorting USDJPY with 4 charts on the USDJPY and US 10 year....00-103...00 territory for some time, with support held by Tokyo's effort to counter....Full charts below and trades in the Trades section.
