-
IronFX Daily Commentary by Charalambos Pissouros | 26/04/2017
US President Trump to unveil an outline of his tax plan. Trump pledged massive tax cuts for corporations & individuals, and a one-time repatriation of corporate cash held abroad at a reduced rate. If we get something along those lines today, it could prove positive for USD & US equities. However, our view is that…
-
Is the Bank of Canada still dovish despite the progress in economic data?
• The Bank is expected to remain on hold. Focus will be on the statement & press conference. • The BoC has maintained a concerned tone in most of its recent communications. • Mainly because it wants to avoid triggering a surge in the Loonie by sounding more optimistic. • Thus it may keep the…
-
IronFX Daily Commentary by Marios Hadjikyriacos 28 February 2017
Trump to announce something “bigly” on infrastructure? Unlikely to say much about taxes. But he’s going to announce something “big” on infrastructure. Some clarity on the potential size and/or timeline of any massive infrastructure plan, could bring USD under renewed buying interest (equities too). However, a more vague speech, with no clear details or numbers,…
-
EURUSD gaps down and then falls below 1.0800
EUR/USD opened with a negative gap on Monday and continued trading lower during the Asian morning. The pair fell below the key obstacle of 1.0800, the lower bound of the longer-term sideways range, to hit support at 1.0770.
-
IronFX Daily Commentary by Charalambos Pissouros for 14/11/2016
Bond carnage continues as Trump makes USD ‘great again’ • Market moves from last week continued during the Asian morning Monday. • Investors keep selling US bonds as they are concerned of higher future inflation. • This is fuelling USD strength, as higher inflation could cause the Fed to hike rates quicker than previously anticipated.…
-
IronFX Daily Commentary by Marios Hadjikyriacos 11/11/2016
Will Trump make the US dollar ‘great again’? Investors keep speculating over the possible effects of ‘Trumpenomics’. They have been betting on higher US inflation, possibly due to more government spending and increased tariffs. Higher inflation means the Fed may have to raise rates faster than previously. This explains USD strength after the election.
-
9 September 2015 Currency News by Marshall Gittler
Risk comes back into fashion as stocks rose in Europe and US; commodity prices rebounded, including copper & oil. Commodity and oil-related currencies also gained the most, while safe-haven JPH and CHF lost ground
-
Marshall Gittler on the Markets 7 September 2015
Mixed NFP brings no further clarity. Headline payrolls number misses expectations, falls below 200k.
-
Daily Global Commentary by Marshall Gittler 1 September 2015
The rebound in oil is because OPEC is willing to talk to non OPEC countries to limit production. Price is likely to fall further. China’s manufacturing PMI fell into a contraction.
-
Daily Commentary 12/08/2015 With Marshall Gittler
With the Chinese economy faltering investors were hoping for a Chinese fiscal stimulus package but the country devalued it’s currency instead.
Kahuna Massage
in South Africa
Category: IronFX
IronFX is a leading global forex broker, specialising in forex trading, cfds, us and uk stocks, commodities and spot metals with bespoke forex platforms and accounts
