The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: Last week, the US ADP reached 183,000, but on Friday, the official US non-farm payrolls fell sharply, only 20,000. It cannot reflect the accuracy of data published by the US official. From the sub-item, the US officially announced that…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The seventh round of the China-US high-level official trade talks that just ended on Sunday, the entire meeting is progressing smoothly. US President Trump said that he is satisfied with the progress of the two sides and resolves some…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: US Federal Reserve official said that if the US economy performs as expected, it is not necessary to raise interest rates during the year, indicating that the Fed is considering to stop interest rate hikes this year. After…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The European economy outlook and the Brexit process uncertainty, affecting the performance of European currencies. In addition, the market is waiting the development of Sino-US trade negotiations, investment sentiment is more concerned, and global stock markets are expected to…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The British Parliament passed a partial revision of the draft Brexit new agreement, but the Irish border guarantee program has not yet been passed. The overall draft of the Brexit remains unresolved and the British pound fell. The next…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The British Prime Minister will submit a draft of the Brexit to the Congress on January 29. It is expected that the new draft will be partially revised and it is expected that Congress will accept it. The pound…
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On Wednesday there was a significant price move affecting the Japanese yen (JPY) during the early hours of the Asia trading day. CLS Group has confirmed those spot volume movement observations, based on its extensive data set. This was particularly prevalent across US dollar (USD) Japanese yen and Australian dollar (AUD) Japanese yen currency pairs.…
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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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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 6, 2018. Highlights include: Locating BTC’s Support: Bloomberg analysts project bitcoin heading for $1,500. While it’s possible to get that low, BTC has key support levels at $3,000 and $1,800 it would have to…
Read moreGiven the spike in volatility perceived by investors in early February, the Autorité des marchés financiers (AMF) has published an analysis of the main products concerned and their behaviour during this period. Broadly speaking, the extent of investment strategies based on volatility calls for a certain vigilance. Following the publication on February 2 of an…
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