Tit-for-tat trade spats starting to take its toll… The big focus in today’s Asian session was recent trade war rhetoric coming from Trump and China. The Trump administration issued tariffs against China to the value of $50b, and China replied in kind by announcing they would retaliate with their own tariffs. The school ground
Details
All the focus is down under…again The big focus in today’s Asian session was recent trade war rhetoric coming from Trump against the EU and Canada. As a result, risk assets has really taken a beating, to the benefit of the JPY and CHF. Furthermore, AUD remains on the back foot after yesterday’s data
Details
All the focus is down under… The big focus in today’s Asian session was the AUD GDP releases which printed well above expectations. The AUD has been fairly well supported throughout the week so far and we assume that the GDP beat will continue to support the AUD. We would say that the biggest
Details
Focus on Sterling for today… Today’s Asian session was pretty subdued, with the only real focus being on the recent RBA rate announcement which came out as expected. Furthermore, given the current risk sentiment the AUD and NZD remained strong during yesterday’s sessions as well as early Asian trade today. The biggest focus for today’s
Details
All seems calm for now… The markets started today’s asian session pretty calm. The main focus was the Australian Retail sales releases which came out better than expected which has been good for AUD so far. The good Retail sales report has given some positive expectation for the next GDP release for AUD. After Friday’s
Details
Can you say Yowza!?… The market’s main focus yesterday was the deterioration in the political front in Italy which caused massive moves in the Italian bond market. The big moves placed a lot of pressure on the Euro, resulting in all major Euro pairs dropping to big figure lows. As a result, the market’s focus
Details
A slow start to the trading week… The market has been relatively quiet during today’s Asian session so far with the lack of any important data releases as well as bank holidays for GBP and USD. The overall risk averse tone has improved over the weekend as it looks like there is chance that the
Details
A mixed day so far… The market has been relatively quiet during today’s Asian session so far with the lack of any important data releases. The overall risk averse tone has somewhat slowed down a bit after yesterday’s news that President Trump has cancelled the planned Korean summit with North Korea. As such, the jpy
Details
Risk tone still prevalent… The main focus during today’s Asian session has been the dovish focus on yesterday’s FOMC minutes with the dollar trading a little lower. On the other side of the pond the JPY pairs are still pressured with the overall risk tone in the market due to geopolitical and trade war rhetoric.
Details
Trump has done it again… The main focus during today’s Asian session has been the comments made by President Trump yesterday regarding his doubt whether the summit between him and Kim would still take place. He also stated that he was very unhappy with the way the China trade talk has progressed. All of this
Details
The main focus during today’s Asian and European session was WTI which has remained very bullish during the two sessions running at $72.51 (at the time of writing) due to recent geopolitical tensions in the middle east. This has been very supporting for the Canadian dollar, in spite of recent negative talks surrounding NAFTA. Furthermore,
Details
All aboard the Dollar train The main focus during today’s Asian Trading session was the NATIONAL CORE CPI Y/Y for the JPY which came out rather disappointing. This was the second consecutive CPI miss and adds to the pressure on the currency after Wednesday’s miss on GDP. Furthermore, the dollar is continuing to stay firm
Details
How to place a trade in MT4 If you want to learn more about MT4 then you have come to the right place. After numerous requests we have decided to start a blog section dedicated to teaching MT4 basics. In this part, we will focus on how to place a trade in MT4.
Details
How to measure Pips in MT4 If you want to learn more about MT4 then you have come to the right place. After numerous requests we have decided to start a blog section dedicated to teaching MT4 basics. In this part, we will focus on how to measure Pips in MT4. For this
Details
How to draw Horizontal Lines in MT4 If you want to learn more about MT4 then you have come to the right place. After numerous requests we have decided to start a blog section dedicated to teaching MT4 basics. In this part, we will focus on how to draw Horizontal Lines in MT4. Now,
Details
What is Forex Trading? If you have ever wondered what is forex trading, then this article is for you. With all of the hype surrounding Forex Trading we thought it would be a good idea to provide some basic knowledge about what Forex Trading is, and also what it is not. With all the false
Details
Forex Trading Strategies There are probably more forex trading strategies than there are forex traders. With so many strategies to choose from, how does one go about choosing the right one? Is there even a “right” one to choose? Aren’t they all the same in the end? This article aims to provide some important information
Details
Forex Trading in South Africa? Forex Trading has been around for many years in other parts of the world. Some sources claim that the first Online Forex Trading platforms were introduced in 1996. In Europe and USA Forex trading is quite common. Forex Trading is not as well established in RSA as it is in
Details
Obstacle All Forex Traders Will Face Forex Trading is one of the most difficult things someone can attempt to master. Once a person has traded for long enough they will encounter obstacles which all successful and consistent traders had to go through at some point. Knowing what these obstacles are and what to expect from
Details
