- Search Crypto Craft
- 400 Results (334 Stories, 66 Comments)
- Submitted Nov 6, 2019|From globalprime.com.au|1 comment

The market has gone into defensive mode, even if just moderately, following reports that the US-China Phase One trade deal and its subsequent signature ceremony could be delayed until December, with the immediate reaction by Mr. Market being that a ...
- Submitted Nov 5, 2019|From globalprime.com.au|1 comment

The Aussie ended up as the top performer with the convergence of strong bids a by-product of the RBA preparing the market for a period of neutral monetary policy after a more optimistic forward-guidance on inflation, coupled with renewed hopes of an ...
- Submitted Nov 4, 2019|From globalprime.com.au|1 comment

The Aussie is flying after the RBA admitted as part of the forward-guidance that its easing bias has come to an end. By the close of New York, the market gifted us with some great opportunities to be a seller of Yens at fairly cheap prices. Want to ...
- Submitted Nov 3, 2019|From globalprime.com.au

The combination of a surprisingly strong US NFP last Friday, alongside more tentative evidence that the formalization of the US-China Phase One trade deal is around the corner, were the drivers keeping the bid tone in the equity market with the S&P ...
- Submitted Oct 31, 2019|From globalprime.com.au|1 comment

Yen longs had a field day after news broke out that China has some serious skepticism to achieve further trade progress beyond ‘Phase One’. The Swiss Franc, amid the deleveraging in financial conditions and the dial down of carry trades, saw ...
- Submitted Oct 30, 2019|From globalprime.com.au|1 comment

The Oceanic currencies continue to be the darlings in FX as other Central Banks keep caving in by either lowering rates further (Fed) or flirting the possibility of it (BOC). The rise in the AUD and NZD must be contextualized in an environment ...
- Submitted Oct 29, 2019|From globalprime.com.au|1 comment

The Australian Dollar is the top performer as technicals, following a macro breakout of resistance at an index level, and fundamentals, with the US-China trade deal Phase One looming near, aligning as congruent factors supporting the bullish ...
- Submitted Oct 27, 2019|From globalprime.com.au

Calmness in the currency market should be the dominant dynamics this Monday before things start to heat up as new developments in Brexit transpire, we find out the latest stance by RBA Governor Lowe or the latest inflation figures Down Under, but ...
- Submitted Oct 25, 2019|From globalprime.com.au

With the UK PM Johnson intending to go all in for a general election, the Pound found consistent selling. There is still some major unknowns keeping the market guessing how it will all play out in the Brexit conundrum. The base case is that a ...
- Submitted Oct 23, 2019|From globalprime.com.au|3 comments

Once again, it was all about Brexit and the delayed vote ‘showdown’, which leaves the market with some bitter/sweet taste, as UK PM new Brexit bill was approved in the ‘principles’, but the idea of a soft Brexit by Oct 31st is at this point a ...
- Submitted Oct 22, 2019|From globalprime.com.au

As the market awaits the next chapter in the Brexit saga (vote scheduled for today at 18 GMT), we've seen punchy movements in stocks and bond yields, a clear testament that the groovy mood in financial markets continues to improve. The market seems ...
- Submitted Oct 20, 2019|From globalprime.com.au|1 comment

There has been limited volatility in the currency market as the much-awaited vote in the new Brexit withdrawal agreement bill never came to fruition on Saturday as a sufficient majority of MPs in the UK parliament supported the Letwin motion to ...
- Submitted Oct 18, 2019|From globalprime.com.au|3 comments

If one thing characterizes the Brexit saga right off the gate more than 3 years ago is the defiance of all odds. What UK PM Boris Johnson has been able to pull off by sealing a new improved deal, even if it may not satisfy all parties, is noteworthy ...
- Submitted Oct 15, 2019|From globalprime.com.au

The Pound remains the superstar in the Forex arena as talk filters through the market that that the EU and U.K. negotiators are closing in on draft Brexit deal. We saw in the case of the overoptimism int the US-China trade deal, where plenty of ...
- Submitted Oct 15, 2019|From globalprime.com.au|1 comment

By checking the chart below, where I depict the performance of each individual currency vs a pack of G8 FX, what should be most immediately noticeable is the out sized fluctuations in the value of the Pound and the Yen as a by-product of the ...