by fxoak | Apr 2, 2020 | Trading Share
Monetary policy easing in the United States fueled by worries about the economic impact of the coronavirus is endangering the dollar’s years-long rally and giving a boost to currencies around the world. The U.S. Dollar Currency Index (=USD) shed most of its gains for...
by fxoak | Apr 1, 2020 | Trading Share
The G7 conference call turned out to be a sideshow to the Federal Reserve’s decision to lower interest rates by 50bp. This unexpected move was the first intermeeting cut since the global financial crisis. While the G7 discussion probably contributed to their decision...
by fxoak | Mar 31, 2020 | Trading Share
Market sentiment may reach a short-period’s bottom, long USD/JPY at dip The worst stock rout since the global financial crisis showed signs of at least a pause on Monday, prompted by optimism that central banks will once again save the day. On Monday, US futures rose...
by fxoak | Mar 30, 2020 | Trading Share
The spreading coronavirus epidemic seems to be heading towards a Pandemic. This may result in extending exhaustion in the global equity market. The lowering Gold Futures along with lower guidance from top corporations makes the situation even more precarious than...
by fxoak | Mar 18, 2020 | Trading Share
It’s now baked in the cake. The Fed will cut rates on March 18 and most likely at least twice more. According to CME Fedwatch the odds of a rate cut in March jumped to 96.3% today from 8.9% a week ago. Looking ahead to December, it’s highly likely at least two...
by fxoak | Mar 2, 2020 | Trading Share
China’s stimulus measures continued at pace this morning, as it lopped ten basis points of the one-year Loan Prime Rate (LPR) to 3.95%, and five basis points of the 5-year LPR to 4.75%. New cases of coronavirus in China fell to just over 300, sparking a new wave of...
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