Forex Free Trading Tips
Risk off mode prevails as traders continued to support the JPY against the USD. USDJPY is in its fourth consecutive day of gains as it tests the 50 DMA (101.85) earlier this morning.
Concerns with regards to Deutsche Bank’s Read More →
Key Points
PepsiCo Reports Strong Results, Upgrades Outlook – Call Options Attractive
Shares of PepsiCo Inc. jumped more than 3.0% in premarket trade on Thursday. Despite sliding revenue, the New York-based company reported much-better-than-anticipated results and raised its earnings forecast for the Read More →
FX outlook. 0-3 months.
In the coming months, we expect EUR/USD to continue to trade in the ‘post-Brexit’ range of 1.10-1.1350. While political uncertainty is likely to cause higher volatility, we see little prospect of a big move in Read More →
Commodity-linked currencies held steady on Thursday following an agreement by OPEC to cut oil output in the first deal of its kind since 2008, lifting oil prices with a broad gain in risk assets weighing on the yen.
The Read More →
