News

Oil Slumps As something of a topsy-turvy week comes to a close in financial markets, traders are of course looking ahead to next week. The December FOMC meeting is drawing evermore attention and with the BOE and ECB also on deck, it promises to be a big week for markets. Ahead of those events, however, […]

Risk assets rallied after US jobless claims data pointed to decreasing strength of the US labor market. Labor market imbalances are now the key driver of inflation (through the impact of wages on consumer demand), which implies higher-than-usual sensitivity of investors to the data releases like Unemployment Claims, NFP and JOLTS reports. Continuing jobless claims […]

EURUSD, “Euro vs US Dollar” The currency pair got support at 1.0490 and performed a wave of growth to 1.0555. Today the market is forming a consolidation range around this level. With an escape upwards, a pathway to 1.0615 will open. With an escape downwards, a link of correction to 1.0490 is not excluded, followed […]

EURUSD, “Euro vs US Dollar” The pair is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.0485 is expected, followed by growth to 1.0805. An additional signal confirming the growth will be a bounce off the lower […]

What is Liquidity and Volatility? To new traders terms like these, can be confusing and you need to fully understand forex terms, in order to apply them to your strategies. Both liquidity and volatility are quite different, but they can affect each other. What Is Liquidity?  Volatility in simple terms, is how quickly an asset […]

BOC Hikes and Keeps Options Open The Bank of Canada meeting yesterday was a more neutral affair than most were anticipating. The BOC hiked rates by a further .5%. in line with expectations. However, the accompanying language and outlook was not convincingly geared towards a pause. Interestingly, the market reaction to the meeting has seen […]