Share on facebook
Share on whatsapp
Share on twitter
Share on linkedin
Share on skype
Share on email
Share on telegram
Risk warning: Losses could exceed deposits.

Trade war headlines continue to dominate the market and create a choppy environment, the PBOC was the catalyst for the reversal in recent dollar strength with the commitment that the Yuan would not be used in any trade disputes.

The New York session gradually dwindled yesterday as liquidity dried up ahead of the bank holiday, UK desks also seemed to leave early – no doubt to prepare for the world cup knockout match in which England finally overcame Columbia after a nervy end to the bad-tempered match.

The big mover was oil, it dropped almost $3.00 in the matter of just over an hour, the reason is still not clear, it did bounce back later in the evening but this is probably one to stay away from for today.

The USDCAD rode the ride though as the pair though but eventually closed near the lows for the day.

Today is one of those days to stay away from trading, European Indices may have a trading opportunity but its best to stay out of the rest.

Brought to you by BlackStone Futures

Share on facebook
Share on whatsapp
Share on twitter
Share on linkedin
Share on skype
Share on email
Share on telegram

Leave your Questions about Forex Market Insight Commentary 04 July 2018 below

CM Trading
Haroun Kola

Daily Forex Market Review 03.02.2016

The situation in China is becoming bleaker by the day, it transpires that S&P have downgraded 13 Chinese companies this year and upgraded only one, the worst ratio since 2006.

Blackstone Futures
Haroun Kola

Market Insights Commentary 27 July 2018

The FX market still looks void of any trading opportunities to me and so I continue to look at the Indices with the DAX in particular looking enticing this morning.

Forex Brokers
Haroun Kola

CentroFX

CentroFX is a fully regulated award-winning STP/ECN Forex Broker with an excellent reputation for offering financial services to both individual

Forex Brokers
Haroun Kola

Blackstone Futures Morning Update 11 May 2016

Conflicting technical signals on the eurusd pair suggests we stay out of this pair. Similarly with the ground, no clear signal yet.

The Aussie and New Zealand dollar looks interesting to trade soon and the Canadian dollar has given a nice 70pip profit for an existing trade.

Watch this video for more insights on the markets.

Axitrader
Haroun Kola

AxiTrader MT4 NexGen Market Manager

AxiTrader has a new platform, the NextGen MT4 platform and over the course of the next few weeks or months I’ll cover some of the features of this platform.

FXPrimus
Haroun Kola

FXPRIMUS Weekly Market Outlook 04.06.18

Last week European politics and trade war narratives ruled the markets. Euro declined amid Italian risk while Dollar fell against Yen on concerns surrounding another potential US-China trade war. Global markets were influenced also by Spanish politics and potential import tariffs on metals from initially excluded countries.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. By continuing to use the site either by scrolling or navigating to another page, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings, by scrolling or navigating to another page, or you click "Accept" below then you are consenting to using cookies on this site.

Close