ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 16, 2019. See details below: FOREX Following 3 consecutive days of losses, the Euro is once again down during early Friday trading, by about 0.16% against the US Dollar. The single currency broke the $1.11 level and the risk is…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 15, 2019. See details below: FOREX The Euro is on the back-foot against other major currencies, noticeably the US Dollar, trading around the $1.11 level on Thursday morning. The perfect storm of risk constraining events (lingering trade tensions, weak Chinese…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 13, 2019. See details below: EUROPEAN SHARES European markets opened lower alongside US futures on Tuesday, following a rout triggered in Asia as the Hong-Kong protests deepen and add to concerns over trade tensions and slower growth. The technical as…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 12, 2019. See details below: FOREX The Japanese Yen continues to gain ground against other major currencies, noticeably to the American Dollar, currently trading just above the 105 level, having dropped from highs of 109 at the beginning of the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 7, 2019. See details below: FOREX The Yuan is recovering some of the ground lost earlier in the week against the Dollar, with both the onshore and offshore currencies up on the day by around 0.3%. This occurs as a…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 6, 2019. See details below: GOLD & OIL It is quite clear that the trade war is having opposite impacts on gold and oil prices. The barrel is a victim of this scenario: the price has collapsed last week and…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 5, 2019. See details below: FOREX The Yuan devalued over 1% against the US Dollar during early Monday trading, the sharpest drop for the Chinese currency, since the 2008 financial crisis, with one Dollar now worth more than 7 Yuan.…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 2, 2019. See details below: FOREX The US Dollar is down against other major currencies in Friday’s morning trading, as the markets digest the latest move by President Trump, who yesterday tweeted about his intention to raise additional tariffs on…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 1, 2019. See details below: FOREX The US Dollar recorded gains, following yesterday’s announcement of a 25 basis point rate cut by the Fed. It Is counterintuitive that a rate cut is followed by a strengthening of the currency, but…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 31, 2019. See details below: FOREX The Pound remains under pressure, despite a modest recovery against other major currencies during early Wednesday trading. On Tuesday Sterling touched its lowest in more than 2 years, as the probability of a no-deal…
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