TTCM
Monday, November 20, 2017 / Published in Forex Daily News
It seems that we start the week with trading impetus as Draghi speaks before the Economic Monetary Affairs Committee in Brussels and EUR surges. All Eyes on EUR The EUR started the week with impetus, adding pips against its three most traded major counterparts, USD, GBP and JPY. Following fervent yet failing talks revolving around
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
Monday, November 6, 2017 / Published in Forex Daily News
The week starts with the Yen in focus and the ranging EURUSD. Following the BOJ Governor Haruhiko Kuroda’s speech early Monday morning, the Yen stays offered. The Bank of Japan (BOJ)’s leader’s comments regarding the country’s economic growth were generally perceived as dovish by market participants today. This has contributed to USDJPY trimming gains. Speaking
TTCM
Tuesday, October 31, 2017 / Published in Forex Daily News
On Tuesday, investors eye the BOJ (Bank of Japan)’s decision, which trimmed the EURJPY losses, while yield differential favours bears. The Yen incurred minor losses on downward inflation forecast and easing calls. BOJ Decision A minor sell-off of the yen following BOJ decision helped trim losses on the EURJPY, although this relief is likely to
TTCM
Monday, October 23, 2017 / Published in Forex Daily News
EUR sinks amid political uncertainty, while Abe’s election in Japan is seen as positive for the market. Due to the events shattering Catalonia right now and stagnating Brexit negotiations, the Eurozone currency dips. Investors sold off the EUR for the second day consecutively. Briefly looking at the charts, it seems to be forming the right-shoulder
TTCM
Monday, October 23, 2017 / Published in Forex Daily News
All Eyes on JPY, EUR, GBP, USD, AUD, NZD! After an eventful week with market highs and lows everywhere, traders need to be mindful of the following market movers on Monday. First, JPY starts off weaker than expected despite Abe’s big win in Japan. Hence, USDJPY gains about 0.28%, heading towards 113.686. September’s housing prices
TTCM
Friday, October 20, 2017 / Published in Forex Daily News
Morning breaks with fresh news on currencies, Asian stocks, the US tax reform ahead of Yellen’s speech. Here are a few major events driving the market on Friday. Federal Reserve Chair Janet Yellen will speak today in the late hours of the night, when market closes at 11:30pm GMT. Her speech will most likely have
TTCM
Wednesday, October 18, 2017 / Published in Daily Technical Levels, Forex Daily News
In case you were wondering what the trade setting would look like after Mario Draghi’s speech today and ahead of Federal Reserve data, here is what to have in mind: 1. The USD stays supported against a basket of other major currencies, as investors are looking forward to Fed policymakers’ commentaries on monetary policy. In