FOMC minutes. The relatively hawkish FOMC minutes should, for the time being, ensure the USD remains supported.
Three stages of a trading day: When strategy meets psychology. Trading is a never-ending battle, a battle with the markets and perhaps even more importantly, a battle with yourself. Placing a trade is often viewed as a single event, you look at a chart, find an opportunity, enter a trade and wait to see what happens. But I believe
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
