Even though both the US and China are optimistic of a possible deal, Trump’s tweet left the market confused. It would be safer to stay on the sidelines.
Until the EU accepts the deal, we believe that it may be too early to buy into pound.
As the odds of a rate cut increases after a worse-than-expected US job report, investors may start to price in one more rate cut this year. Short USD/JPY?
The top CopyPip provider of the week is called “Happy Forex”. There are a few reasons why I’ve chosen him to be our contender for this week.
US NFP tonight may be well below the estimates, short USD/JPY & long silver (XAG/USD).
We all have regrets in life and often, these are the bumps that we encounter in our journey to success. While we all do things that in retrospect, might seem to go against our better judgement, there...
RBA is likely to cut rate tomorrow, short AUD/USD at any rally.
New Zealand dollar rose after RBNZ highlights no significant change in monetary policy outlook. With further easing not likely to happen, NZD/USD could rise higher.
German PMI fell to a decade low at 41.4, confirming doubts that Germany is tipping into a recession. EUR/NZD could head lower towards the 1.7300 price level.