The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Federal Reserve Chairman Powell further established the Fed's monetary policy in a speech at the Jackson Hole Global Bank Central Bank's annual meeting on last Friday. However, Powell revealed that the Fed’s monetary policy rate hike conditions must increase inflation rate…
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The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. Wednesday sees the release of the minutes from the latest FOMC meeting and could serve as a reminder why the dollar is a good buy. Dollar bulls would needs much a reminder as the buck enters its fourth consecutive down…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. The US non-farm payroll population reported 157,000 in July, a sharp drop from the previous month's 213,000 and the expected 190,000. The data disappointed the market and caused the dollar to fall. Fortunately, the US unemployment rate fell back to 3.9%, the…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. US GDP initial value in the second quarter reached 4.1%. The University of Michigan consumer confidence index in July was also higher than expected at 97.9%. However, the market believes that the earlier US tax cuts and exporters' efforts to avoid…
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The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. ECB To Hold Steady As Trade Risks Intensify The ECB are not expected to move on rates this month, however traders will be watching closely for any clues on the central bank’s next steps and its views on the increasing…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Last week, US President Trump once expressed concern about the strong dollar and the Fed’s interest rate hike, and believed that the strength of the dollar may damage the US economy. This kind of interventionary speech caused the dollar to fall.…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Last night, Federal Reserve Chairman Powell attended the hearing. He said that the US economy has maintained strong economic growth in the first half of the year and welcomed the Fed’s continued “gradual” rate hike, which is a hawkish remark. Although…
Read moreThe following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. Political turmoil in Italy has seen investors sell out of Italian stocks at an unpredicted rate. The FTSE Mib plummeted over 9% in May and has continued to sell off in June, plunging from a 10 year high of 24,544…
Read moreThe following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. As the most liquid currency pair part of the Forex dashboard, the EURUSD is said to run the show in terms of market’s volatility. More precisely, when the pair doesn’t move, the entire dashboard…
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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at CFI Markets Ltd. Euro’s January surge followed the release of minutes from the December European Central Bank meeting showing the bank’s intention to reconsider its easing monetary policy in early 2018. While this week, ECB maintained its pledge to move…
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