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Move-in date 06 Dec 2019 Joined
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Australian dollar makes fresh multi-month highs after dovish FOMC

AUD - Australian Dollar The Australian dollar was the greatest beneficiary of renewed risk appetite overnight, as US equity markets were buoyed by the FOMC’s dovish monetary policy statement. The AUD has round-tripped from 0.6980 to touch 11-month highs of 0.7063 before retreating into this mornings

Possible trend shift in AUDJPY – going short

#AUD/JPY# The Tidal Shift Strategy has just sold AUDJPY at 73.016. The system recommends entering this trade at any price between 72.615 and 73.417. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at

FOMC Meeting June 9-10: No end in sight for accommodative stance

The June 9-10 FOMC meeting statement provided a very dovish perspective on the economy. It reinforced the severe damage from Covid-19 to both economic activity and the labor market. Key points The statement maintained the perspective that the pandemic will weigh heavily on economic performance in t

US two-year yield is down 140 basis points on YTD basis

While the US two-year yield is currently trading six basis points higher than recently hit record lows, it is still down over 140 basis points on a year-to-date basis.  The sharp losses could be associated with the coronavirus-led economic downturn and Federal Reserve's unprecedented stimulus-respo

USD/JPY remains positive above 107.00 after Japan GDP, Fed’s Powell

USD/JPY stays firmer after Q1 2020 Japan GDP. Fed’s Powell defies the use of negative rates despite flaunting the central bank’s ammunition power. US-China tussle, virus update weigh on the market’s risk-tone, Powell’s cautious optimism pleases the risks off-late. Virus/trade updates will enterta
On Monday, the CME’s options trading volume hit a record of $17 million only to nearly double to $30 million the following day. Wednesday, it made history again, hitting $40 million.

Weekly trading set-ups 18th-22nd May 2020 [Video]

Senior Associate Sam North delivers a technical outlook for the week ahead. Topics covered include: How we finished last week and what this means for sentiment Key levels to be aware of How to let price tell you what is really going on EURUSD GBPUSD AUDUSD S&P 500 & Nasdaq) Gold W

Cycle Trading: Assuming leadership

Stocks are seeking their daily cycle low The S&P formed a swing low The Dow formed a swing low The Nasdaq formed a swing low and closed above the 10 day MA. The Banks have yet to form swing low The Semi's have yet to form swing low Not only did Biotech form a swing low, they cl
“[OMG] is an Ethereum token that powers the OmiseGo smart contract platform, which allows for businesses and individuals more financial freedom through financial services and investments,” added Coi...

FX, Gold, & Oil Weekly: The 3 key drivers set to dominate FX macro over summer months

Forex For the summer months, three main drivers will dominate the FX macro; One, the divergence and relative success of lockdown 'exit strategies'; Two, sub-zero interest rate policies; Three, how far the combination of US election risk and blame game on coronavirus leads us down the trade war slop
On Friday (May 15), J.K. Rowling, the author of the Harry Potter fantasy series, asked Coindesk reporter Leigh Cuen to explain Bitcoin to her.

Gold extends four-day winning run, hits new 7.5-year high

Gold jumps to the highest level since November 2012.  Fed's Powell again rules out negative rates but says more stimulus may be required. Renewed US-China tensions may be drawing bids for the yellow metal.  Gold jumped to a fresh 7.5-year high on Monday even though Federal Reserve's President Je

When is the Japan Preliminary Q1 GDP and how could it affect USD/JPY?

Japan’s Finance Ministry is up for releasing the preliminary reading of the first quarter (Q1) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Monday. Market consensus suggests an upbeat -1.2% QoQ figure versus -1.8% prior. Further, the yearly format also indicates consolidation for the J

Pull-up Update