https://www.youtube.com/watch?v=xB6KDKkIPH4
No change to the Greek situation though Prime Minister did say that he was willing to accept most (but not all) of the Troika’s conditions for another bailout. We look to the referendum on Sunday which the polls are suggesting that the “YES” camp is gaining ground on the “NO” voters who still hold sway.
The USD has strengthened in advance of the NFP announcement happening today because of the Independence Day celebrations on Saturday. Oil prices and commodity currencies are under pressure especially the NZD, which could fall further on a rate cut by the central bank.
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Technical Outlook For EURUSD & USDJPY for 2/7/2015
The EURUSD tumbled below its support of 1.1115 which now becomes resistance and if it goes below the 1.10 level, we could see this pair test the 1.0950 level. With the US Non Farm payroll to be announced today, this could be the spur in the market to…
Daily Commentary 26/06/2015
Marshall Gittler reports that the Greek talks have yet again broke up with no resolution and this leads to a crunch meeting on Saturday where both parties have to come to some kind of agreement before markets open on Monday. If they don’t then the 1….
Daily Market Update From IronFx's Marshall Gittler
The FED’s fund rate expectation is lower but the dollar gained yesterday probably on new dollar long positions now that the Greek debt crisis seems to be solved for now. Commodity prices fell, Canada cut rates and oil prices fell too.
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, coul…
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 | 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 co…
