March 23, 2016
Good morning! This week hasn’t started off the way we all hoped. Yesterday the world woke up to terrible news about a terrorist attack in Brussels which has killed at least 30 people. The terrorist attacks on the main airport and a Metro in Brussels introduced a new wave of volatility in the financial markets…. View Article
March 23, 2016
After the massive rally from the dips of 1.385 to 1.450, this week started on a negative note as GBPUSD has rejected this level and now on its way back to test the lows of 1.4100. The major factor asides the technical resistance level at 1.450 is that the issue of Brexit is now getting… View Article
March 21, 2016
The last two weeks witnessed different policy divergence from all major central banks globally including the merging market. Thereafter math left so many mixed signals and reactions on the market and also to investors. The European central bank opened the floor ahead of other central Banks by introducing an increase its asset purchase to 80… View Article
March 18, 2016
Morning all.. Wall St rallied after the EU close and it seems investors were selling DAX and buying S&P and S&P finally closed up 0.66% after a weak close for the DAX. Traders feel DAX weakness due to a strong EUR.. In Asia the Nikkei underperformed the region again with the Nikkei closing down 1.26%… View Article
March 18, 2016
Good morning! Another important week is coming to an end. This week there have been 6 interest rate decisions coming from Japan, the U.S, Switzerland, Norway, Indonesia and the U.K. On Tuesday the Bank of Japan announced its decision to keep interest rates unchanged at -0.10%. In January it shocked the market and cut interest… View Article
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