Weekly Forex Forecast: (15/22 Feb) Eur, Aud, Gbp vs US$, EurGbp, S+P, ASX, Gold, Oil, Calendar

https://www.youtube.com/watch?v=UkTsVfrAsnM&feature=youtu.be ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ FX Markets are generally choppy and uninspiring right now although Sterling may be breaking away to the topside against both the US$ and the Euro. The stock markets…

Continue Reading Weekly Forex Forecast: (15/22 Feb) Eur, Aud, Gbp vs US$, EurGbp, S+P, ASX, Gold, Oil, Calendar

18 Jan: Risk off mood to start the week. A US holiday will see limited liquidity and diminished interest to be involved. China Q4 GDP in focus.

Friday ended with a risk-off tone in markets, with the US stock indices falling by around 0.75%, while a continuation of the short covering/safe haven bid in the US$ saw…

Continue Reading 18 Jan: Risk off mood to start the week. A US holiday will see limited liquidity and diminished interest to be involved. China Q4 GDP in focus.

17 Dec: Fed leave rates on hold but remain dovish. Australian Unemployment ahead. BOE/SNB Meetings later in the session.

The US$ plumbed new  30 month lows ahead of the FOMC Meeting on Wednesday , not helped by a miss in the expectations of the November Retail Sales, although it…

Continue Reading 17 Dec: Fed leave rates on hold but remain dovish. Australian Unemployment ahead. BOE/SNB Meetings later in the session.

16 Dec: Upbeat mood – as hopes grow of a US stimulus package, possible Brexit breakthrough. Services PMIs, Fed Meeting in focus Wednesday.

Tuesday has seen a more positive bias, with the major US stock indices pushing around 1% higher as lawmakers appear to be closing in on an agreement on a new…

Continue Reading 16 Dec: Upbeat mood – as hopes grow of a US stimulus package, possible Brexit breakthrough. Services PMIs, Fed Meeting in focus Wednesday.

15 Dec: Markets rangebound; waiting on developments re. Vaccine, Covid lockdowns, Brexit etc. RBA Minutes, China data ahead.

The US$ remains rangebound, while stockmarkets, after an early jump on the news that the Pfizer Covid vaccine is being rolled out in the US, seem to have rather lost…

Continue Reading 15 Dec: Markets rangebound; waiting on developments re. Vaccine, Covid lockdowns, Brexit etc. RBA Minutes, China data ahead.