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Results: 501 to 510 of 1,000
Results: 501 to 510 of 1,000
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Intraday Market Thought: Fed Silence Speaks to June Hike
by Adam Button | Jun 5, 2017 10:17
Fed silence speaks to the likelihood of a hike on June 14 despite a....Last week the New Zealand dollar was the top performer while the Canadian dollar....The week begins with survey and inflation data...CFTC data showed euro net longs at a six-year high...Aussie is the day's winner after Gulf nations and Egypt break ties with....A new ICM poll for the Guardian shows Conservatives at 45%, Labour at 34%....UK May services slowed to 53...8 from 55...8...Eurozone final Apri services services PMI was at 56...3 from 56...4 in March...China's Caixin services PMI edged up to 52...8 in MAY from 51...5 in April...The Fed has now entered its blackout phase ahead of the FOMC decision...That means there will be no official communication before the statement that....It's important because official passed up opportunities to alter....FOMC members would know that markets are pricing in an 85% probability of a hike....So why did the dollar weaken after non-farm payrolls? The jobs headline was....The only positive sign was the drop in unemployment but that was entirely due....What's happened is that the market has cut the chance of another hike in....The market's base case is now that the Fed will hike but offer a more....In terms of economic data, it's another busy week ahead with the ECB....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....EUR +73K vs +65K prior...GBP -30K vs -24K prior...JPY -52K vs -52K prior...CHF -19K vs -20K prior...CAD -98K vs -99K prior...AUD +3K vs +3K prior...NZD -5K vs -9K prior....Specs are feeling downright giddy about the euro's future prospects...EUR/USD finished on Friday at the highs of the day and at the best levels in 7....nbsp;..
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Intraday Market Thought: Is Tax Reform Priced in?
by Adam Button | Sep 28, 2017 22:22
The US dollar struggled to maintain momentum on the heels of the tax....NZD was the top performer while USD lagged...Japanese CPI is due later...Friday's US core PCE will be key...5 new charts have been posted to subscribers backing the ongoing DAX30....The chart below is one them...The greenback has been beaten down for most of the year and finally looks....The tax proposal gave the dollar a lift Wednesday and sparked a sharp selloff in....That was despite a revision higher in Q2 GDP to 3...1% from 3...0%, a small-than-expected good trade deficit and wholesale inventories for....0% compared to a 0...4% decline expected...That's all good news but the USD dollar fell around a half-cent across....USD/JPY slowly slid to 112...24 from as high as 113...20 in Asian trading...Both EUR/USD and USD/JPY formed minor two-day double bottoms before the....9 months of disappointment for USD bulls is hard to shake off...Friday's critical PCE report will be a major factor in upcoming Fed....The bigger story, however, has to be taxes...The numbers and rates that the administration is floating would be a....The big question regarding tax reform is: What's priced in? Given the....Perhaps no one wants to bet on Congress and risk another brutal disappointment...We also have to consider the alternative: That a tax cut has already been priced....Maybe now the market is having doubts because there are so many barriers to a....It's tough to believe it's priced in but it's also tough to....Perhaps month end flows are skewing the signals...We will watch closely in the week ahead...In the meantime, Japan is out with a pair of key reports to close the week...Both CPI and employment data are due at 2330 GMT...Even with a rise in CPI to 0...6% (as expected) we struggle to see a shift from the BOJ any time soon.
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Intraday Market Thought: Yen, Yields Aussie & Loonie
by Ashraf Laidi | Jan 16, 2018 17:57
In this video for GKFX, I examine the persistent divergence between yen pairs....I also looking at tonight's Australia jobs figures and Wednesday'....Full Video.
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Intraday Market Thought: Tuesday's pre Fed/ECB webinar
by Ashraf Laidi | Jun 8, 2018 11:27
Join me for Tuesday's webinar with Tickmill at 15:00 London Time, 22:00....Full details.
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Intraday Market Thought: Indices Hit by Fresh Trade Retaliation
by Ashraf Laidi | Jun 19, 2018 8:49
Global equity indices dip further into the red, led by US futures on Donald....The news came less than a week after the US and China imposed $50bn of tariffs....USDJPY has fallen below 110 as the yen rallies against all currencies, followed....All other currencies are weaker against the US dollar, with AUD at the bottom....Yesterday's Premium video includes new trades in indices...AUDUSD and EURJPY were both stopped out.
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Hot-Chart: ECB Scenarios
by Ashraf Laidi | Jul 26, 2018 11:51
The ECB decision is at 1145 GMT (12:45 London), but it's a foregone....Instead, focus on messaging and press conference 45 mins later...Focus on any rewording of the calendar guidance...Draghi is in a tough spot as he tries to retain an upbeat stance on the economy....In the past he has been a masterful messenger, but the tweaking and....If he can navigate the choppy waters, the underlying bias may be toward euro..
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Intraday Market Thought: The Mid-Term Dilemma
by Adam Button | Nov 6, 2018 13:53
Americans head to the polls late on Tuesday in a vote that could lead to....The British pound is the top performer for the 2nd consecutive day, while the....The video for Premium subscribers previewing the various elections....Rules of Thumb?....There are generally two rules of thumb for traders during elections: i) the....Traders aiming to capitalize on volatility emerging on what are believed....Most importantly, remember to stay relatively small....The US midterm elections are primarily about the House of Representatives, with....That would result in a deadlock and a series of investigations that would....Still, every election seems like a potential disaster in the leadup and....Yet rules of thumb don't always work...Italy earlier this year is a good example...The MIB index initially climbed 9% in the eight weeks after the election but....Beware of November 2016 Moment....What's especially top-of-mind on the US vote is the results of the 2016....US futures initially crumbled on the shock of Trump's win only to begin a....Some said the reason to the subsequent rebound was the Trump's acceptance....By the same token, traders must watch not only the results, which will trickle....Could market participants anticipate a similar playbook? If that is so, then a....Fundamentally, Trump is promising another tax cut so there's some....On the other hand, Democrats holding the House are much more likely to curb a....As for the US dollar, a Democrat win in the House would certainly curb Trump'....While it's tempting to project certainty, the trade may be to chase the....We will also be listening carefully to the responses from Trump, Democrats and..
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Intraday Market Thought: Now for the Hard Part
by Ashraf Laidi | Oct 4, 2019 17:02Now that each of our 3 indices trades hit their final target this week (DOW30,....The next 3 weeks will be dominated by data-watching and volatility following....Some say we could retest 2967-70 on the SPX, others are focusing on 26570s on....The urgency for an October rate cut (raised by ISMs) was removed by today'....The urgency for a cut was removed, but the possibility very much remains...At this point, a violent surge in volatility & resurfacing trade....Technically, the charts below (from Sep 26) are a reminder that technicals do....So far, we have 2 existing Premium Insights trades. -
Intraday Market Thought: Join me TODAY for Traderfest2020
by Ashraf Laidi | Mar 13, 2020 17:50
Please join me for an invaluable trading webinar on Saturday, March 14, 2020 at....nbsp; Find out our best trade ideas for these volatile markets...Anything on your mind? Key technicals in FX and metals, the Corona pandemic....Learn battle-tested trading strategies...Get free MT4/MT5 trading tools...This is a MUST SEE trading education event of the year...and it's totally FREE...Don't worry if you can't attend...Register here and you will get a video recording of the whole event...Register now....See you tomorrow......
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Intraday Market Thought: Escape Velocity
by Adam Button | Jan 13, 2021 13:13
The US dollar re-emerges following an abruptly drop Tuesday as Treasury yields....The quick loss of dollar altitude raises questions about the sustainability of....Fed talk continues to dominate the schedule...The 2-way EURUSD trade for WhatsApp Broadcast Group members mentioned on....nbsp; The chart below conveys this morning's quick short trade on....nbsp;....We have been waiting for a day of flat Treasury yields to see how the dollar....Early signs aren't encouraging for dollar bulls as it slumped across the....Maybe that was a simple retracement after a six-day move but maybe it was a....We liken it to a launching rocket that needs incredible amounts of fuel to rise....Rising bond yields have been the fuel since the Georgia runoffs but they....For its part, Fed talk continues to be a modest tailwind...Comments continue to focus around better economic prospects and tapering...We will hear from Brainard and Clarida Wednesday but all the chatter about more....We will continue to keep a close eye on the dollar in the day ahead, along with....If this is it for the dollar bounce, it's a feeble one even by the..
