Sneak Peek: Weaker Retail Sales Could Provide Dollar Long Opportunity
A weaker retail sale could cause the US yield curve to steepen, resulting in a stronger dollar due to US yield curve correlation with the dollar index. Long USD/JPY?
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Sneak Peek: Eyes on Australia Labour Data Tomorrow
As RBA’s optimism last week was largely due to labour data, a stronger data tomorrow could boost the Aussie dollar. Short EUR/AUD if data surpasses expectations.
US Jobs Report Induces Fed to Cut Rate
Bets on Fed to cut within the year increase, sell USD/JPY?
Copy Tip of the Week – How to Filter Out Strategy Providers Using Demo Accounts
In the forex trading scene, it’s often normal for new traders to first start with a demo account before switching to a Live account with real money. There are three advantages to using a demo account:
Breaking News: What To Expect From ECB Tonight
With the market already pricing in a downgrade in eurozone economic projections, only a change in forward guidance could push euro lower. Short EUR/USD if Draghi were to mention a rate cut tonight.
Breaking News: Aussie Dollar Strengthened Despite Rate Cut
As the market is already pricing in a rate cut today coupled with Governor Lowe’s optimism on Australia’s economy, EUR/AUD could fall further if GDP tomorrow is strong.
Fed May Cut Interest Rates in 2019
With current bets on rate cut rising amid a slowing US economy and stocks being unstable, short USD/JPY?
Copy Tip of the Week – How to Filter Strategies Using “Percent vs Pips” Graph
The “Percent vs Pips” graph plots the percentage growth versus the number of pips earned on specific dates. For example, on every specific date, we are able to see the pips earned and the growth on...
Sneak Peek: USD/CAD Could Rise If BOC Focuses on Trade War & Not Economic Data
BOC could hold rates and reiterate cautiousness amid the trade war chaos and weaker oil prices. USD/CAD could close above 1.3500.
US Stocks Could Sink Further
US stocks’ direction has been in tandem with USD/JPY for a long time. Short USD/JPY when stocks are too expensive now?
