Once again, market has proven to be irrational. Fed Chair Janet Yellen’s hawkish comments and positive US data failed to inspire the dollar bull. USD/JPY ended last week below 113.
Fed chair Yellen is scheduled to deliver the first semi-annual monetary policy report under the new leadership of President Trump. Will she support or sink the dollar?
Non-farm payroll came in much stronger than expected, but wage growth and unemployment rate disappointed. Where will USD/JPY be heading?
GBP/USD rallied 360 pips after UK prime minister Theresa May’s speech. Will the reality of hard Brexit eventually bring the sterling down?
The rise in insolvencies is attributed to continued uncertainty in the geo-political and economic environment, along with the depreciation of the pound.
An industry report by East and Partners shows that the top non-bank provider of foreign currency to British firms last year was Western Union, followed by Monex, CMC Markets, IG Markets, Saxo Bank and American Express.
5 FOMC members are scheduled to make 6 speeches this week, including Fed Chair Janet Yellen. How will the dollar dance along with their speeches?
Dollar rallies on the expectation of 3 rate hikes in 2017. EUR/USD broke 1.05 key support and hit 13-year low. Is it a good time to Sell EUR/USD now?
We are counting down to Fed’s first and the last rate hike in 2016. Will EUR/USD break 1.05?
London Stone Securities stockbroker Caoimhe O’Driscoll looks at some historically safe haven blue chips which are trading at attractive entry levels. She provides an analysis looking at dividends, dividend cover, RSI, support and resistance levels.
Breaking news IG Group, CMC Markets and Plus500 share prices crash due to FCA ruling on CFD products and leverage cap
The ruling today by the Financial Conduct Authority has had a decimating effect on the share prices of IG Group (down 22%), Plus500 (down 38%), and CMC Markets (down 23%) as CFDs – the core business of most British electronic trading firms – are subject to leverage caps and further restrictions. All this effect on top quality firms, yet the British authorities turn a blind eye to binary options fraud whilst other countries take action
Renzi quits after losing the referendum. EUR/USD heading towards 22-month low, will it break 1.05?
Prominent FX market specialist Eddie Tofpik makes a detailed analysis of this month’s major currency trends.
Market is pricing in a confirmed rate hike by the Fed in December. USD/JPY went very close to 114. Will it go higher? Is it a good time to enter now?
With senior positions at City Index, FxPro, IFX and LCG forming major parts of his career, Angus Campbell joins the board of On The Floor, a software as a service company which facilitates online ordering and paying allowing users to manage their inventory
“According to a study conducted by financial research firm DALBAR, the average investor realised an average annual return of only 3.7% a year over the past three decades, underperforming the wider market by approximately 5.3% per annum” – Ian Futcher, Stockbroker, London Stone Securities
Hope of a December rate hike by Fed is high. Possibility of “Frexit” and possibility of Italian Prime Minister stepping down plagues Europe. Will the EUR/USD head towards parity?