The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The Sino-US Trade Ministerial Meeting was reconvened today, continuing the Sino-US trade negotiations between the G20 summit last year. The market expects the Sino-US trade truce and reached a complete truce, cancelled the trade to impose additional tariff…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: In the Asian trading session this morning, the foreign exchange market extended the performance of the US market closed last week. The US dollar index continued to slump, the euro performance continued to be above at 1.14, and the…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The European Central Bank decided to end its LTRO at the end of the year, but did not indicate a short-term rate hike schedule. In the absence of interest rate hikes and time, the euro fell against the dollar.…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: Last week, the US announced that the unemployment rate remained at 3.7% in November, but the number of non-farm payrolls fell sharply in November, only 155,000. As early as the day before the announcement of the ADP private employment…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: Over the weekend, the G20 leaders’ high-level talks between China and the United States have initially improved relations, eased trade tensions between China and the United States, and temporarily improved the investment climate. The US Dow futures rose well…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 30, 2018. Highlights include: Crypto Rally Stalls, BTC Could Test Support: BTC dipped below $4,000 this morning, giving back about half of its gains from this week. If it continues to drop today, it…
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Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced it has reduced its spreads on its most popular financial instruments, including top currency pairs like the EUR/USD. Admiral Markets clients can now trade its most popular Forex currency pairs at the following typical spreads: EUR/USD: 0.6 pips GBP/USD: 1.0 pips USD/JPY: 0.9…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. The Trump government of the United States announced last week that it has imposed an additional 10% tariff on Chinese imports worth US$200 billion. The renminbi is bearish. The negative news has caused the US dollar to see 6.86 against the…
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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. After three years of asset purchases, negative Interest Rates and cheap loans, the European Central Bank could ease inflation in the euro area back on track. 2019 is the time to gradually slow down those…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Today, the US Labor Day holiday, the US stock market is closed for one day. US markets, foreign exchange, metals and energy transactions closed ahead of schedule. Please attention! International rating agencies said last week that they intend to lower the…
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