TTCM
Friday, December 8, 2017 / Published in Forex Daily News
As the NFP release is getting closer, USD traders are waiting to jump on the charts. GBPUSD seemed to have got into recovery mode on ‘historic Brexit deal’, but the charts show something else. GBPUSD Up to Fresh Tops on Brexit News, NFP on Tap Starting the day at 1.3480 (open), GBPUSD started adding pips,
TTCM
Tuesday, November 21, 2017 / Published in Forex Daily News
Wondering what’s on today?  Tuesday started with AUDUSD in recovery mode post RBA meeting minutes and GBP in narrow range. Fed Chair Janet Yellen is also due to speak today at 11:00pm GMT, and USD bulls and bears alike are lying in wait for some data regarding rate hikes. Will it, won’t it happen this
TTCM
Thursday, November 16, 2017 / Published in Forex Daily News
In focus, today we have GBPUSD post UK retail sales data release and a rallying AUDUSD moved by employment change. GBPUSD Post UK Retail Sales Data The cable reacted positively to the UK sales data coming in higher than expected in October and showing an expansion of 0.3% in the month. On an annual basis,
TTCM
Tuesday, November 14, 2017 / Published in Forex Daily News
BREAKING NEWS! EUR, USD, GBP and JPY are in the spotlight on Tuesday ahead of the ECB Conference due at 10am GMT. The four big CBs M. Draghi, J. Yellen, M. Carney and H. Kuroda are expected to speak today at 10am GMT. Their speeches will drive major moves in the markets. So, what lies ahead
TTCM
Friday, November 10, 2017 / Published in Forex Daily News
Frenzy Friday for EUR, USD, JPY, GBP and Aussie, following a churning Thursday as GOP’s tax plan was closely eyed by investors. USDJPY The financial markets were sensitive yesterday to the US policymakers’ decision regarding the new tax bill. The plan put forth by the Republicans was to implement a 20% cut on corporate tax
TTCM
Thursday, November 2, 2017 / Published in Forex Daily News
Further rate hikes are expected following today’s BOE Governor M Carney’s press conference after the BOE meeting, while the GBP remains offered. The GBP starts the afternoon with a massive sell-off, which has pushed GBPUSD in the low area in sub – 1.3112 levels on Thursday. Cable remains defensive as the UK 10-year yields dip
TTCM
Thursday, November 2, 2017 / Published in Forex Daily News
GBP and Aussie traders get some impetus on Thursday ahead of BOE and following Trade Balance data release in Australia. While in Europe, Governor Carney is expected to come forward today at 12:30pm GMT and announce the Bank of England’s decision regarding inflation and/or any rate hikes, in Australia the market reacted to optimistic trade
TTCM
Tuesday, October 31, 2017 / Published in Forex Daily News
On Tuesday, market participants have the GDP releases in Europe and Canada and the GfK Consumer Confidence Index, with an impact on EURUSD, USDCAD, GBPUSD, crude oil and crude energy products. Inflation in the Euro area surprised economists with its downturn. EMU’s GDP is estimated to increase 2.5% YoY compared to a previous growth of