ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 14, 2019. AUD/USD The much-anticipated Chinese retaliation has released its plan to impose higher tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States announced a tariff hike…
Read more
ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 13, 2019. See details below: Forex Mixed early Monday session for the US Dollar, up against currencies perceived as riskier like the Euro or the Pound, but recording losses against traditional safe heavens like the Swiss Franc. This pattern can…
Read more
ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 13, 2019. AUD/USD Australian dollar, a proxy for Chinese economic prospects, hit a high of 0.7017 after news of a positive trade compromise surfaced, however closed under 0.7000. There is still significant caution in the markets…
Read more
ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 10, 2019. AUD/USD The AUD was relatively flat overnight, trading within a 20-25 pip range and will close around the 0.6990 mark. The longer the AUD pins itself below the key 0.7000 level the more likely…
Read more
ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 10, 2019. See details below: Gold Stock markets are rebounding despite Donald Trump’s tariffs on $200 billion worth of Chinese imports, confirming that investors are still trying to keep alive the bullish sentiment. In this scenario, gold is, once again,…
Read more
The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. The Chinese stock market is under pressure and from its 2019 high of 14237.2 the China A50 index had slid by 12.55% at the time of writing. Chinese stock markets have much like its European and U.S. peers been thriving since the start of…
Read more
The following guest post is courtesy of ATFX. The dollar is back under strong pressure as the EURUSD took a leap higher on better than expected Euro Area GDP figures. Annual Euro area GDP was projected to increase by 1.1%, but instead, increased by 1.2%, which is a slightly higher pace than seen in the…
Read more
ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 1, 2019. EURUSD The Euro rose to 1.1214(+30 pips) on Tuesday against the greenback. The EUR/USD pair surged to 1.1228 Tuesday, as the dollar extended its previous decline amid a cautious stance ahead of Fed's monetary…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 30, 2019. The text below is an excerpt and does not contain the full analysis. There's an old adage in the financial markets: Sell in May and Go Away Of course, this doesn't necessarily…
Read more
ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 29, 2019. Forex The Euro is finding support and recovering some ground against the US Dollar, reaching $1.1166, following the victory of the centre left party led by current prime minister Pedro Sanchez in yesterday’s Spanish election. In a contest that saw…
Read more