what lies ahead of USD

September 30, 2015 The strength of USD over the past couple of trading weeks has been pretty impressive. Market seems to be pricing in ahead of FED rate hike, this explains why we could see a lot of position holding USD. Fundamentally, the economy has been really strong; the jobs market has shown a strong recovery and unemployment… View Article

Morning Update – 30/09/15 – 07:14:14

September 30, 2015 Morning all… Wall St had a lacklustre close with the S&P closing around unchanged after a choppy session indicative of month/Quarter end. Asia however had a stronger session led by the Nikkei which finished up 2.6% on the day again due to demand at half-year end and a belief that this weeks Tankan report may… View Article

Morning Update – 29/09/15 – 08:14:14

September 29, 2015 Morning all.. A very poor close on Wall St has seen Asian stocks fall sharply and there is some real concerns over where these moves may take us. The Nikkei closed down almost 4% and HK is down over 3% as I type. Risk aversion dominates and there are stories that the giant sovereign wealth… View Article

Commodity update

September 28, 2015 Commodity prices might be heading towards the final drop of the year. This might be due to economic slowdown in china and also a strong dollar in anticipation of a rate hike. Strong USD is very bad for commodities because most commodities are priced in USD. If the FED should raise the rate on or… View Article

FX Update

September 25, 2015 This week has been a USD week. Dollar has been the best performing currency against all major currencies as well as against the emerging market currencies. Traders have been holding the USD because of strong anticipation for a rate hike before the end of 2015. This has put a lot of downside pressure on commodities… View Article