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Results: 871 to 880 of 1,000
Results: 871 to 880 of 1,000
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Intraday Market Thought: 200 Billion Reasons for Worry
by Adam Button | Aug 31, 2018 12:30
The market took a surprisingly sanguine view to a report that Trump is eager to....The yen was the top performer while the New Zealand dollar lagged...USD/CNH remains in a descending trendline resistance with 6...90 becoming the next barrier, while USDX monthly candle suggesting a gravestone....nbsp; The FTSE Premium short was closed for 160 pts gain...Below is a detailed video on existing and future trades for Premium....A review of $200 billion of proposed 25% tariffs on virtually everything the US....That same day, Trump wants to announce them, with implementation a short time....The headlines sent the US dollar lower against the yen and weakened risk assets....00 from 111...20...The S&P 500 finished down 13 points...The market is either stuck in sleepy summer mode or believes this is yet-....The report cited six sources, which makes it almost certain that it's a....It's entirely unclear if that's coming...Unlike NAFTA, Trump's cabinet appears to be united in its....What was also notable was the asymmetry of the market reaction...As with other US-China flare ups, it hasn't been a classic flight-to-....The US dollar slid against the euro and made only modest gains against the....For Canada, in particular, a US-China trade war may prove to be an opportunity..
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Intraday Market Thought: USD Breaks Support
by Adam Button | Sep 20, 2018 11:39
2 days after Ashraf posted an-all clear video on the US dollar to subscribers, a....USDX breaks to 4-week lows below the 100-DMA for the 1st time since April...CAD drags USD below 1...29 and the Premium short in USDCAD has been closed with 140-pip gain...A detailed note has been sent to subscribers regarding what's ahead....GBP is the biggest outperformer on higher than expected retail sales, while....US jobless claims and existing home sales are next...و أخيرا تم حل مسألة الدولار (فيديو للمشتركين)....US economic data included a nearly 10% rebound in US housing starts after two....They were at a 1282K pace compared to 1238K expected...In the bigger picture, the market is signaling better global growth; or at....The optimistic signals have been undeniable despite worrisome US and....Could the broad USD decline be a usual reflection of the broad pick-up in....but let's revisit this assessment in November...as we near the December meeting...NAFTA negotiators didn't make any kind of breakthough and headlines about....The Australian and New Zealand dollars are also making solid gains...To underscore the better sentiment on growth, Japan's Nikkei 225 has risen..
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Intraday Market Thought: Markets Cheer Expected Elections Outcome
by Adam Button | Nov 7, 2018 18:54
Risk trades are higher after Democrats regained control of the House in a vote....Kiwi is the highest performer after a solid jobs reports ahead of the RBNZ....EURUSD is attempting to close the day above 1...1440 to make it above the Sep 24 trendline resistance...The DOW30 was stopped out and the EURUSD long was closed for 145 pip-gain...A special note was issued on EURUSD post-elections & pre-Fed...nbsp;....تمركز الصفقات بعد الانتخابات...There was no major surprise in the US midterms...Democrats won a dozen-seat majority in the House which is slightly less than....Republicans did better in the Senate, expanding their majority and winning a....Overall, Republicans did a bit better than expected but there were no....So what's behind the surge in indices? As we wrote before the vote,....Almost any result would have led to a sigh of relief to some extent...This means that further tax cuts are less likely in the US but it's also....The S&P 500 opened 21 points higher and is now up 42 pts...DOW30 is up 358 pts, above its 55-DMA for the 1st time since Oct 10...Looking ahead the RBNZ is largely expected to leave rates at 1...75%....The currency jumped after the unemployment rate dropped to 3...9% from 4...5% earlier today...That's the lowest in 10 years and could be a game changer for the central....The drop in unemployment came despite a 0...2 pp rise in participation...Wages also jumped 1...4% q/q compared to 0...8% expected...NZD/USD has rebounded nicely from a test of the 2015/16 lows in the past six....A shift from the RBNZ and continued USD selling could help to close that gap.
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Intraday Market Thought: Stops & Luck
by Ashraf Laidi | Nov 16, 2018 14:50
Getting stopped out: Is it a lack of skill or luck? On Wednesday, I was....2950 one hour before PM Theresa May unveiled her Brexit plan...Her speech and initial reaction triggered a rally to 1...3070...One day later, en-mass resignations in UK cabinet drove down cable to 1...2724...The chart below is one of the charts used to back my rationale...There's more below...Bad Experience....Wednesday's long was issued with a final target at 1...33 and stop at 1...2760...The stop was hit...Some accused me of taking a “gambling” trade as I issued the....Yet, the rationale I laid out for the trade was based on several charts and....Some say "why issue a stop at 1...2760 when you were so sure it would reach as high as 1...33”....The answer; I was focused on 1...2760 as a key support, therefore I based my reward-risk relationship on that,....33 target...Yes, I still see cable at 1...33, and 1...35 and eventually 1...45 most likely before March...ldquo;But Ashraf, that's a 13% rally...What's your downside?” Well, feel free to enter the Premium charts....By the way, I did issue a new long in GBPUSD yesterday at 1...2800 so we're in good shape...Actually, several clients tell me they lowered the stop, others did not even....Better Experience....But there are examples of more “lucky stories”....Our short USDJPY trade from late last month had a stop at 114...25...The pair tested 113...90-114...20 earlier this month -- while I refused to raise the stop—before tumbling....70s...Bottom Line....If you are disciplined about entering with stops and final targets, make sure....You can even work backwards if you have to (set your pips target from the....The other key matter: Feel free to move stops by 20 or 30 pips as FX is....5 trillion a day FX market does not care where your stop is, neither do many of....Latest Premium charts analysis on GBPUSD.
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Intraday Market Thought: Trump Postures ahead of Xi Meeting
by Adam Button | Nov 26, 2018 22:14
Risk trades rallied Monday but the tone may quickly shift with Trump talking....The US dollar led the way while the yen lagged...CFTC positioning data showed fresh bets against the euro...Draghi stuck to the script, Trump & Xi will be watched next, followed by....US auto giant GM announced the shutdown of 4 factories and layoff of 14K workers....The Premium LONG in the DAX was closed for 300 pts gain, with notes....More details found in today's Premium video...USD/JPY rose by more than half a yen and the Nasdaq climbed 2% Monday in an....Futures, however, slipped after the close when Trump said he expected to hit....He said it was highly unlikely the rise to 25% tariffs on Jan 1 would be delayed....The commodity currencies slid after the comments were published...The question is whether the comments were posturing or reality...Trump meets with Xi on Friday in Buenos Aires and he undoubtedly wants the....At the same time, does it make sense to believe Trump would hit businesses and....At the same time, the market didn't believe Trump would ever implement....CFTC Commitments of Traders....Speculative net futures trader positions as of the close on Tuesday...Net short denoted by - long by....This week's report was delayed because of the US holiday...EUR -47K vs -37K prior...GBP -43K vs -47K prior...JPY -100K vs -102K prior...CHF -20K vs -19K prior...CAD -6K vs -3K prior...AUD -59K vs -58K prior...NZD -19K vs -22K prior....The moves were small but there is fresh interest in selling the euro as the....On Monday, Draghi conceded the numbers have been disappointing since September..
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Intraday Market Thought: Fed Stands Ground, Bears too
by Adam Button | Dec 20, 2018 14:15
The FOMC hiked rates for the fourth time this year in a move that was mostly....The downward impact on equity indices was greater than the upward impact on....Now USD is lower across the board and indices off the Asia lows...Although the Fed signalled 2 hikes instead of the expected 3, Eurodollar....The Dec Philly Fed index dropped to a 28-month low...The Premium long in gold finally hit its final target at 1253, while the DOW30....Both of the USDJPY and EURUSD Premium trades are deepening in the green...Equally important was the message about what's coming next...On that front, the Fed retained more of a hawkish bias than the market would....The statement said 'some' further hiking would be needed, a hint....They also highlighted risks...QT vs Rate Hikes....In his press conference Powell noted rising 'cross currents' and said....But why did indices accelerated their selloff? The main reason was Powell'....The Treasury yield curve flattened with 2s10s now just 10 basis points from....Gold retreated towards 1242 before bouncing back to a 5-month high of 1261...Yields resume their downfall to a hit an 8-month low of 2...74%, in a clear manifestation of bearish growth projections from bond traders...nbsp;....Looking ahead, the market will turn its attention to global growth and trade...The question is how strong growth will be in 2019 with a particular emphasis on....Some disappointment came early Thursday in the New Zealand Q3 GDP report...Growth was just 0...3% in the quarter compared to 0...6% expected...That sent the kiwi to a three-week low.
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Intraday Market Thought: Yen Index far from Overbought
by Ashraf Laidi | Dec 20, 2018 18:59So much talk about the USD index, but what about the JPY index from the Bank....Here's a look at JPY TWI vs JPY positioning...Full analysis. -
Intraday Market Thought: See you at NY Traders' Expo
by Ashraf Laidi | Jan 30, 2019 21:04
I'm delighted to inform you that I'll be a featured speaker at this year&....This is one of the longest running trading expos in the planet, in which I....I encourage you to reserve a free seat, and join me at the ultimate educational....Full Program.
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Hot-Chart: Forex Brokers' Performance
by Ashraf Laidi | Feb 12, 2019 11:40
Share price performance of all publicly traded Forex firms is clearly down since....Today, Plus500, whose share price growth led the way relative to the five other....To what extent will regulatory dynamics and crypto trends raise questions for....Going forward, let's keep an eye on advertising deals (especially football)..
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Intraday Market Thought: Delay is the Word of the Day
by Adam Button | Feb 25, 2019 12:35
Delays everywhere and markets like it...The US will delay its planned March 1st tariffs on China and Theresa May could....Currencies are in a classic risk-on mode, with the Kiwi and Aussie as the top....All eyes turn to Fed chair Powell's testimony on Tuesday, which will shed....Delaying US-China Trade Talks....US-China trade talks were extended through the weekend and the verdict from....rdquo;....Risk trades got a boost from the announcement, which came just after the....Combined with the lackluster response in stock markets after upbeat trade....If a deal isn't fully priced in already, it will be soon...The risks may then shift to the euro and a tariff on auto imports...Trump quickly pivoted to China after he finished up on NAFTA and may now turn....Delaying Brexit?....A different kind of delay looms for Theresa May...The Telegraph reports that she's considering a two-month delay as she....The delay would be a backup if a newly-planned 'meaningful vote' on....All EU nations would have a veto on a delay and a separate report says the EU....The FX trade isn't necessarily clear in any of the floated scenarios...On the face of it, pushing the meaningful vote to March 12 skirts....Cable has been choppy in early trading without a strong trend.
