Category Archives: Daily Outlook

Trade Idea : Buy GbpAud. 26/09/17

These market alerts are provided as part of a trial basis only.  Buy GbpAud @ 1.6900 SL @ 1.6800 TP @ 1.7200 This order is only good for entry purposes until 5.00 pm NY time today Trade Description: The longer term charts for Sterling generally look quite positive altohugh any negative Brexit news may impact on this. In… Read More »

25 Sept: Euro, Kiwi both opening lower after election results.

  Currencies ended mixed on Friday, with further dollar strength being contained following the hawkish FOMC outlook, after N Korean politics again intervened, causing renewed Yen strength on all fronts. The Euro was firm as well, assisted by the Eurozone PMI manufacturing which rose to 58.2 in September, up from 57.4 and beat expectation of 57.2. The EU… Read More »

20 Sept. Risk assets in demand. All eyes now on the Fed.

  While the market waits on the outcome of today’s FOMC Meeting, the main focus on Tuesday was on Donald Trump’s belligerent speech to the UN although there were no major market ramifications emanating from that, so traders will now largely sit on their hands while waiting for the Fed to give a clearer vision of the start… Read More »

11 Aug: Risk-off mood undermines stocks. US PPI miss keeps US$ pressured ahead of today’s CPI.

  The US$ and stockmarkets are under pressure on Friday, ahead of the upcoming CPI reading, after the PPI unexpectedly fell in July by recording the biggest drop in 11 months and pointing to a further moderation in inflation that could delay any Fed interest rate hike. In the 12 months through July, the PPI increased 1.9%, after… Read More »

10 Aug: Risk aversion boosts Yen, Chf, Gold. RBNZ on hold. Political soundbites to continue to be the focus.

  It has been a day of cutting risk positions and seeking a safe-haven, with the Yen and Swiss Franc, in particular, demand as US-North Korean tensions remain the main theme of the markets. On the other hand, the Aud and the Kiwi have been discarded with risk-associated assets being heavily sold. The Kiwi is now awaiting the… Read More »