Tag: Forex

The technology sector is thriving while the rest of the global economy is struggling to recover. Quarterly earnings for Apple, Microsoft, and Alphabet were...

• Retail investor sentiment on euro vs pound sterling sets new bullish record • Sentiment towards WTI equals high not seen since October 2019 • 61.2m...

Dollar heads higher on growing US jobs data The Dollar ascended against the currency majors last week, snapping its decline in the beginning of August. Higher than expected jobs growth data was the stimulus that supported the greenback’s upwards trajectory. As a result, US 10-year yields reversed its five week decline, contributing toward the Dollar… The post FX Market View #22 appeared first on JP Fund Services.

Professional investors are forecasting increased volatility and trading across the foreign exchange markets, new global research from blockchain-based derivatives trading platform CloseCross shows. Anticipating Strong...

Only equity markets trade higher as risk appetite falls As the Delta variant of the corona virus subdued several major economies around the globe, the Dollar strengthened last week. In countries such as Japan and Australia as well as parts of the Eurozone, economic activities had fallen due to the implementation of some quarantine restrictions.… The post FX Market View #21 appeared first on JP Fund Services.

FTSE 100 down 2.3%. ITV down 6%. British Airways owner IAG down 5.5%. Rolls Royce down 5.5%. FTSE 250 down by 2%. EasyJet...

Dollar rally’s on inflation and retail sales data The Dollar rally’s against all major currencies last week apart for the Yen, to break the resistance it faced earlier in the month. A contributing factor towards the slight rally in Yen is put down to the BOJ tweaking its macro forecasts during Friday’s meeting. In effect,… The post FX Market View #20 appeared first on JP Fund Services.

Dollar resists short term sell-off and trades higher In the past week the Dollar faced resistance to its near-term trend of strengthening against the currency majors. Despite the fact that the jobs report released in the beginning of the month showed robust numbers, the greenback initially declined following a bout of profit-taking. However, the short-selling… The post FX Market View #19 appeared first on JP Fund Services.

Forex trading is now a day a popular profession all over the world. It is very much easy to earn money from this industry...

Gone are the days when people working in financial institutes only could take part in active trading. Recently, with the rise of online trading,...

Is this the time to buy into the Dollar dip? Following a hawkish view from the FED, the markets have priced in at least one rate hike before the end of next year. This contributed towards a Dollar recovery in the past 7 days; however the technical picture appears stretched. The Dollar near-term trend starting… The post FX Market View #18 appeared first on JP Fund Services.

People active in Financial Markets and investors are frequently attempting to forecast future price movements in order to make their approach more useful and...

Dollar experiences technical weakening gainst the majors During the past week the Dollar was pushed back as it failed to consolidate weeks of gains against the currency majors. From a technical stance this scenario is not totally unexpected. If you include a more hawkish tone from the FED with economic data revealing an increase in… The post FX Market View #17 appeared first on JP Fund Services.

A global financial market is very complex and consists of many different markets and all of them have their own rules and regulations. We...

Hawkish FED projections send the Dollar higher The US Dollar rallied following statements from the FED that were more hawkish than previously expected. Lifted higher by the a rise in US interest rates, the Dollar rally was coincided with a sell-off in equities and continued throughout the capital markets. Coming into the weekend the markets… The post FX Market View #16 appeared first on JP Fund Services.

Currency trading is the most popular profession as people are looking to invest money. Most sectors require participants to deposit a considerable balance while...

Dollar holds onto current levels despite the drop in US yields The US 10-year yield has continued its pattern of trending lower during the past 3 months, and the fall during last week’s trading session was the largest in the past year. This decline has now made it to a consecutive 4 week period of… The post FX Market View #15 appeared first on JP Fund Services.

By Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown Pound Wobbled On The Eve Of The G7 Summit After a show of strength over recent...