Forex Free Trading Tips
EUR/USD tentatively probed median of the broad range in force since 2015 at 1.0860 last week and has shown a retracement towards the lower limit of a down sloping channel at 1.0540/1.0465.
More importantly it is now Read More →
USD: Correction into Year-end. Neutral.
We still expect USD to rally significantly next year but now see a USD correction into year-end as likely. With a rate hike fully priced for December and the Fed saying it will not Read More →
US equities closed the week well into positive territory last Friday continuing to be driven by Trump’s expected benefits to the economy - with tax cuts and deregulation amongst the most expected benefits. Friday’s University of Michigan’s confidence level for Read More →
So this is a ‘taper’ – a one-off move with the option to re-expand the pace of purchases if things go wrong. ‘Tapering’ would imply a steady reduction in the size of bond purchases, so perhaps then this is a Read More →
