Trading plan for 26/03/2018: On Monday, NZD is the most powerful, as changes in the RBNZ mandate are devoid of dovish elements. After the rest of the currencies, there are minimal attempts to improve sentiment, although the mood is far from good. The stock market in Asia is fighting for Dowiedz się więcej…
The week begins with the strength of risky assets after the risk-on support of the US labor market report and the ongoing discussion about the exemptions from the Trump customs policy. The political scandal in Japan weighs on USD / JPY. NZD, AUD, NOK are strong. The stock market shines Dowiedz się więcej…
The behavior of the major currencies overnight was very calm and passed in the atmosphere of waiting for key decisions (ECB, NFP, Trump). EUR/USD is at 1.24, GBP/USD is quoted at 1.39, USD/JPY is fighting to stay above 106.00. The change in the percentage of the exchange rate of Dowiedz się więcej…
The resignation of chief economic advisor to President Trump reactivates concerns about trade wars and restores the risk-off climate to the market. JPY and CHF are getting better, AUD and CAD are doing the worst. The stock market in Asia shines red: Japanese Nikkei225 lost 0.77% today, and Shanghai’s main Dowiedz się więcej…
Trading plan for 06/03/2018: There is hope in the financial markets that President Trump will rethink his recent proposals for steel and aluminum import duties, which might encourage a bounce of the stock market indices and other risky assets. RBA left the interest rate without changes, and the message did Dowiedz się więcej…
Trading plan for 03/05/2018: On Monday, 5th of March, the most important item on the event calendar will be ISM data release for the service sector in the USA, which will be the second tip by Friday’s data from the US labor market. Earlier, the PMI indexes for the service Dowiedz się więcej…
Trading plan for 02/03/2018: The beginning of the month is a continuation of sell-off on the stock exchanges. Their beneficiary, however, is not the US Dollar, but Japanese Yen. The reason is the yesterday’s appearance of Trump, in which he announced the introduction of high tariffs on aluminum and steel. Dowiedz się więcej…