We discuss the Aussie September labour force data and the case for continued easing from the RBAThe Employment Data The September labour market data delivered a slight beat on economists’ estimates, despite the small beat, unemployment measures edged higher in September. The unemployment rate climbed slightly to 6.9%, from 6.8%...
I Try to Win 40% of My Trades — and My Subscribers Love That
If he won 35% of the time, then he was probably making a little money, but he needed to decrease risk to maximize his gains.
Italian BTPs will be 2020’s best European government bonds performers
Italian and Greek sovereigns are outperforming their peers. We believe that as the ECB intensifies its accommodative measures, European government bonds will continue to benefit with long-term Italian BTPs gaining the most. The 10-year spread between BTP and the Bund will most likely fall below 90bps, while the 30-year BTP-Bund...
LTC bounced from support, potential for a further rise | 14 Oct
LTC bounced off 49.57 where it could potentially rise further to 55.77 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
LTC bounced from support, potential for a further rise | 14 Oct
LTC bounced off 49.57 where it could potentially rise further to 55.77 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
FX Update: USD and JPY surge as sterling traders face large two-way risk.
The US dollar and Japanese yen surged yesterday, on possible sudden safe haven seeking within G10 on the recognition that the short-term two-way risks for sterling are significant ahead of the Brexit negotiation deadline tomorrow. GBPUSD plunged back below 1.3000 but depending on how headlines shape up tomorrow on the...
A break below support could trigger a drop | 14 Oct 2020
Price is trading within a range now and a break below our support could trigger a further drop .
A break below support could trigger a drop | 14 Oct 2020
Price is trading within a range now and a break below our support could trigger a further drop.
Podcast: USD fights back. Sterling in focus on Brexit talks deadline.
Today we look at signs of nervousness beneath the surface in the US equity market, have a look at the resurgence in the US dollar and whether there is more strength to come, particularly against heavy EUR long positioning, talk gold, US and Italian yields, and especially focus on sterling...
Breakout Identified in GBPJPY
SELL 135.887 - 136.543 Add to Watch List Signal ID: 73655 Time Issued: Wednesday, 14 October 2020 05:22:15 GMT Status: open Entry: 135.887 - 136.543 Limit: 135.129 Stop Loss: 137.752 The Breakout Opportunities system has just sold GBPJPY at 136.14. The system recommends entering this trade at any price between...