MyFXspot.com | TalkMarkets | Page 3

All Contributions

Latest Posts
33 to 48 of 78 Posts
U.S. Midterm Elections - USD Under Pressure, AUD Is Our Favorite
U.S. mid-term elections will determine the composition of Congress over the next two years and serve as a first political bellwether ahead of the 2020 presidential elections.
US Midterm Elections: USD To Drop, AUD To Strengthen
The USD could weaken somewhat in the event of a Democrat victory in the House. The AUD will gain the most after U.S. midterm elections.
Trend Reversal On EUR/USD, Fed To Signal December Rate Hike
It is widely expected that the FOMC will keep rates in an unchanged 2.00% to 2.25% range, while reiterating the outlook for another 25bp move in December.We used stronger-than-expected NFP and a corrective move in the EURUSD to open a long position.
Profit Taken On GBP/USD Long, BoE Hints At Faster Rate Hikes
The BoE's nine rate-setters all voted to hold rates at 0.75%, as expected. Sterling briefly edged up against the dollar after the BoE policy announcement.
GBP/USD Rises Ahead Of BoE Decision
Today, the Bank of England will simultaneously publish the November Inflation Report, the MPC policy decision, and the minutes of the MPC meeting ending 31 October.
Profit Taken On EUR/USD Short
The USD edged up to a fresh 16-month high against a basket of key currencies on Wednesday on the back of continued U.S. economic strength, putting the greenback on pace for a seventh straight month of gains.
ECB Conference Did Not Bring Major News
Today’s ECB press conference did not bring major news. The Governing Council refrained from providing fresh monetary signals and from tweaking the language of its policy guidance concerning policy rates, QE and the reinvestment strategy.
Stay EUR/USD Long, Fresh GBP/USD Long At 1.3110
There is a solid support below the EUR/USD daily cloud base, 1.1546. EUR/USD bears need a close below this base to change the market sentiment.
Profit Taken On GBP/USD, EUR/USD View Remains Bullish
The GBP/USD rose above 1.32 on Wednesday after EU Brexit negotiator Barnier signalled progress on a deal with Britain over its withdrawal from the bloc, as well as on the crucial Irish border question. Our long position reached its target.
Will U.S. Non-Farm Payrolls Be A Game Changer?
We are waiting for U.S. non-farm payrolls now. The combination of a higher-than-expected ADP employment report and the strong ISM survey increased market expectations for U.S. jobs report, so the risk of disappointment is also higher.
EUR/USD Failed To Break 1.1780, Drop Towards 1.1632 Likely Now
EUR/USD has now failed to register a daily close above the key 1.1780 Fibonacci level, 38.2% retrace of the 1.2556 to 1.1301 2018 fall, for four trading sessions in a row.
Profit Taken On EUR/USD Long
The Federal Reserve is next week expected to raise benchmark borrowing costs and shed more light on the future rate path. But we do not think this will change medium-term EUR/USD trend. We have placed another EUR/USD bid.
EURUSD Long Target Raised, Profit Taken On EURGBP Long
The U.S. and Mexico agreed to overhaul NAFTA deal. The CAD rallied on the expectation that Canada would sign onto the deal. Our USD/CAD is in good shape now. We have also raised our EUR/USD long target, given current bullish momentum on this pair.
Profit Taken On EUR/USD Long, Next Target Could Be 1.1620
The dollar weakened after U.S. President Donald Trump criticised the head of the Federal Reserve for raising interest rates.
EUR/USD Bounce In Progress; Long At 1.1350
We opened EUR/USD long at 1.1350 yesterday and today's price action confirms our bullish view.
Trading Ideas - The Worst Day For EUR Since Brexit Vote
The euro on Thursday suffered its worst day against the dollar since the UK's Brexit vote nearly two years ago, after the European Central Bank unexpectedly indicated that it planned to keep interest rates at record lows into the summer of 2019.
33 to 48 of 78 Posts