2019

A neutral Fed and dovish ECB could be seen this week, short EUR/USD?

The top CopyPip provider for this week is called “Profittrading”. There are a few reasons why I’ve chosen this provider as our top contender for the week.

The return of 46,000 workers to GM could boost employment numbers tonight, though leading indicators show a deterioration.

With the trade deal in peril after Trump said he liked the idea of waiting until after elections for the China deal, global trade risks will continue to rise into 2020. Long gold?

Trade tensions between the US and the rest of the world may escalate, short USD/JPY and long gold.

China could retaliate by threatening to back out from the US-China trade deal which is in its final stage. AUD/JPY could slide lower.

A meaningful recovery in euro dollar looks unlikely in the coming months after Friday’s PMIs. EUR/USD could head lower.

If Trump were to sign the Hong Kong Human Rights and Democracy Act, this could worsen the US-China trade talks. AUD/JPY could fall lower.

To understand negative interest rates, we need to understand the mechanics of why central banks cut or raise interest rates.

The People's Bank of China (PBOC) recently lowered the seven-day reverse repurchase rate from 2.55% to 2.5%.