Weekly Review. The week starting Monday 28 September ended with a question for the market: Is Friday's 'accross the board soft NFP data' enough to derail hawkish FED expectations? Before we get to the answer, there is the small matter of the week as a whole, in which
NFP INCOMING. The wage growth metric will be closely watched for clues of the FED'S next rate hike. A high number will put an October hike firmly on the agenda, in turn likely giving the USD a fresh bout of strength.
Weekly Review. The week starting Monday 21 September ended with a 66% probability of an October FED rate hike. The recent hawkish FED narrative backed up by higher than forecast US SERVICE PMI data, the 10year bond yield sits comfortably above 5% and the USD continues to benefit. Just how much further
Weekly Review Central bank policy took centre stage during the week starting Monday 24 September. Rising oil and rising yields has put rate hikes firmly back on the agenda and the market is trying to guage just how many hikes until each central bank reaches its terminal rate. And if rates continue
Finding Certainty Amongst the Uncertainty. Constantly checking on trades is a problem for many traders. These days, I make a decision, decide when to visit the charts next and walk away. It took me an awfully long time to get to that point. Why is it a blight to keep checking on a trade once
Trade photo and explanation I used to call this a 4hr support and resistance trade, I still do call it that, it's just that I haven't taken one for a while. I maintain my view that CHF strength can be sold and I'm putting faith in the 4hr
