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Busy Trading Week: G-7 threats, historic Trump-Kim meet, ECB QE and FED rate

Jun 11, 2018
1 min

Busy Trading Week: G-7 threats, historic Trump-Kim meet, ECB QE and FED rate

Last week India's RBI increased its REPO interest rate by 25 basis points to 6.25%, first of its kind in past four years, as Inflation crosses above 4.5%, inline with its goal to maintain inflation around 4% in 2018. Global markets are no behind with lots of things going on in the geo-political landscape this week. G-7 meeting over the weekend left Canada and France at odds with signs of impending taxes on imports to the US, which were slightly un-predicted. China has histori

Markets, one week into Brexit (a historic event)!

Apr 5, 2017
2 min

Markets, one week into Brexit (a historic event)!

It’s been a week since the historic Article 50 was triggered by the UK that formally initiated proceedings to entangle the United Kingdom from the European Union. Last few months have been eventful from a global economic and fundamental calendar point of view and there is no doubt things will continue to remain so going forward. What follows next will be negotiations in between these nations on terms and conditions of trade, business dealings, permissions (visa), security, hu

Busy Week Ahead with Central Banks, Key Data

Mar 13, 2017
1 min

Busy Week Ahead with Central Banks, Key Data

A (freelance) trade analyst / trader on Trading212, I publish trade ideas on regular basis on its social Trading app TradeBird. The coverage is mainly Asia, Europe and US stocks, related FOREX pairs and commodities like Gold, Silver and Oil. As an analyst, its important to start my week by understanding key economic events in coming week. DailyFX, has an economic calendar embedded to it, that I usually refer to. The calendar this week is full of high importance activities. We

ECB boosts Euro, possible scenarios ahead with FED

Mar 11, 2017
1 min

ECB boosts Euro, possible scenarios ahead with FED

The European Dollar spiked on Friday, post stable European Central Bank stance mid-week and the U.S. Non Farm Payroll numbers that increased by 235 thousand in February of 2017, lower than upwardly revised 238 thousand in January but above market expectations of 190 thousand. EURUSD currency pair ended the week in green. While lot of fundamental events are awaited in the coming week, most importantly FED March rate decision (we will try to detail the DOT plot in a separate ar

The Week Ahead: March 6

Mar 6, 2017
2 min

The Week Ahead: March 6

Booming markets, balanced yet volatile currencies and commodities! Markets are already in 3rd month of 2017! Let's take a look at some High Importance events this coming week. Reserve Bank of Australia is due to present its March Interest Rate decision this Tuesday, which is expected to remain unchanged at 1.5%. Japan releases its GDP numbers on same day with fore-casted rise to 1.6% from current 1%. Both the Australian Dollar and Japanese Yen have struggled to maintain their

Dollar High vs Majors; Commodities Low - Key Events

Mar 1, 2017
1 min

Dollar High vs Majors; Commodities Low - Key Events

February finishes with quite some key events. Global data releases, FED speeches and more. This is how the charts of some major currency pairs vs the USD, the Dollar Index and commodities Gold and Oil look, few hours after US President's first Congressional speech post the elections. Markets were looking for clarity on policies and their implementation. While various financial instruments digest the data, lets review some observations from the charts here. Dollar Index has ma

$EURUSD Signal

EURUSD Analysis: Near-term bounce, mid-term bullish

Feb 17, 2017
1 min

EURUSD Analysis: Near-term bounce, mid-term bullish

Heavily influenced by Dollar move, the shared currency Euro remains bullish for two days in a row. Dollar weakens towards 100.65 (.DXY chart) while the Euro rises towards 1.068 vs the USD. Currently $EURUSD pair stands at 1.06722 in Friday Asia trading session, waiting for the last Trading day of the week to kick-in in Europe. This week has been once again busy with FED speeches, ECB meeting, Dollar moves and solid economic data, some of the key influencers for this pair in d

$EURUSD Trading tip - 18/Jan

Jan 18, 2017
1 min

$EURUSD Trading tip - 18/Jan

$EURUSD bullish Elliott Wave leg in upward consolidating channel. Take Profit at 1.071 European Central Bank holds its first meeting of 2017, after the US Federal Reserve member speeches earlier mid-January and FED Chair Janet Yellen maintaining a Hawkish tone (increasing US interest rates during the new year) in her January meeting on the 18th. The later resulted in Dollar gaining strength vs other major currencies after some breather post election result hikes. Euro on