ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 17, 2019. EURUSD The Euro slumped against the greenbacks on Thursday, and reached a weekly low at 1.1165, although it has attempted a recovery earlier this week. The tension around trade war between China and US…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 16, 2019. GBPUSD The Sterling slumped against US dollar to 1.2825 on Wednesday and reached to the lowest point since February. The news around Brexit is still dominating the Sterling, the news broke that the opposition…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 8, 2019. AUDUSD The Aussie surged against USD after the Reserve Bank of Australia’s latest interest rate decision yesterday. RBA left the interest rate at 1.5% on hold but lowered the expectation of CPI and GDP…
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The following guest post is courtesy of ATFX. The Australian dollar is always interesting to trade, but early next week it will be even more interesting. The markets are giving it a 50% probability that the central bank will reduce interest rates by 25 basis points at their May 7th meeting, and if they indeed…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 23, 2019. EURUSD The Euro closed higher on Monday, closing at 1.1259(+15 pips) against the greenback as the Wall Street opened in the red, although the three main indexes bounced from their early lows, unable anyway…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 18, 2019. EUR/USD EUR strengthened on Wednesday on the back of better-than-expected economic growth data coming out of China, this bolstered the risk appetite as other risk-on currencies rallied also. The data confirmed that China's economy…
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The following article was written by Retail FX broker FXTM, authorised and regulated in different jurisdictions under CySEC, FSCA, FCA and IFSC. The article includes an outlook for Q1 2019, separated by instruments by Jameel Ahmad, Global Head of Currency Strategy and Market Research at FXTM, Lukman Otunuga, Research Analyst at FXTM, and Hussein Sayed, Chief Market Strategist…
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The following guest post is courtesy of Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). One of the biggest drivers of the Australian dollar is the iron ore prices. Western Australia is the world’s largest iron ore producer. As a result, the Australian economy is expected to perform better with stronger…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). In an exponential fashion, the Australian dollar gained more than 10% against the US dollar since May. The recovery in the Chinese data, combined with a flattening US yield curve brought the carry traders…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Reserve Bank of Australia (RBA) maintained its cash rate target at 1.50% as widely expected by analysts. The policy decision triggered little enthusiasm both in the hawkish and the dovish camp. Mixed policy…
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