Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Federal Reserve issues FOMC statement
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals by the FOMC. The coronavirus…
3 strikes for the US Economy
After the dovish talks from the FED earlier in the week, who have been concerned about the US coronavirus situation, more evidence to suggest a stalling economy has been delivered. The US gross domestic product…
The Daily Fix
Trader thoughts - the feel of markets ahead of Aussie CPI and the Fed It was the day before FOMC meeting and the markets are erring on the cautious side, with funds massaging exposures, amid a backdrop of a sub-expectations US consumer…
The 2020 playbook so far
2020 has been a wild year for investors, with a multitude of events that have ranged from the biggest losses in stock market history to now, where we are seeing the best quarter in decades.…
USD/CAD Continues to Retain Positive Bias as CAD…
[caption id="attachment_368282" align="alignnone" width="687"] USDCAD Hourly (H1) Chart[/caption] USD/CAD: The pair continues to retain positive bias as CAD suffers from declining crude oil prices in the international market. But, USD failed to breach 1.37 handle…
GBP/USD is Seeing Sharp Oscillations in Price Mostly…
[caption id="attachment_368280" align="alignnone" width="687"] GBPUSD Hourly (H1) Chart[/caption] GBP/USD: The pair is seeing sharp oscillations in price mostly centered above 1.235 marks. But disappointing UK data caused a pair to sink towards the mid-1.22 handle.…
EUR/USD Continues to Remain Firmly Rooted in Familiar…
[caption id="attachment_368277" align="alignnone" width="692"] EURUSD Hourly (H1) Chart[/caption] EUR/USD: The pair continues to remain firmly rooted in familiar price range as both sides of the pair continue to wage war for control. Firm USD in-market…
FED: Agencies finalize amendments to swap margin rule
Five federal agencies have finalized changes to their swap margin rule to facilitate the implementation of prudent risk management strategies at banks and other entities with significant swap activities. Under the final rule, entities that…
