Monthly Archives: February 2018

A day packed with announcements from around the world, while markets digest the latest Fed Reserve speech. Testimony by new Fed Chair, Jerome Powell, sent markets lower as he indicated that rates will have to continue to tighten to control

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All eyes on Fed Chair speech

February 27, 2018

A busy day for markets, with plenty of data set for release. The EUR/USD went through some big swings yesterday. After building towards a session high of $1.23546, the pair steadily weakened until it hit session lows of $1.22768. It

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Fed speakers in focus

February 23, 2018

A relatively quiet Friday as far as announcements go, with attention turning to speeches made by US Fed Reserve members. The EUR/USD traded in a tight range in early trading yesterday as it hit session lows of $1.22584. Later in

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Huge volatility in early morning trading as the US Fed Reserve release the minutes of the last interest rate meeting. Once again, the Dow bore the brunt of the market volatility stemming from the release of the Fed Reserve meeting

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UK data in focus

February 21, 2018

A much busier day for markets with a stack of information emanating from around the world, with the most significant coming from the UK. The EUR/USD pair fell throughout the trading session yesterday as the Euro showed some signs of

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Another busy day for markets, with plenty of data set for publication from around the world. The EUR/USD was mainly flat during the trading session yesterday. It reached highs of $1.24350 early, then moved in a tight trading range for

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A week packed full of data should ensure volatility lies ahead for markets. After hitting a peak of $1.25552 in early trading, the EUR/USD pair steadily declined for the rest of the session. The currency pair fell to lows of

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As the week draws to a close, there is still plenty of information set for release that can move markets. Tonight, we turn to the UK again. The EUR/USD broke back into $1.25 territory, hitting a high of $1.25099. It

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US data sends markets wild

February 15, 2018

It was quite a volatile night of trading overnight as much better-than-expected US CPI data (0.5% vs 0.3% expected) sent markets into a frenzy. The Dow was once again the most volatile, as the CPI data stoked fears of a

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A busier day for markets as far as economic information is concerned, with most of the data coming from the US. The EUR/USD pair is bouncing back after the last week or so, where traders flocked to the USD during

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