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- Submitted Oct 13, 2019|From globalprime.com.au|1 comment

Notwithstanding the merit of reaching a trade truce once again, one wonders if the market got ahead of itself by over-selling funding currencies the likes of the Japanese Yen and the Swiss Franc, both destroyed, alongside a considerable loss of ...
- Submitted Oct 9, 2019|From globalprime.com.au|2 comments

It's all about the US-China trade outcome, with the erratic swings in currencies a testament of how unpredictable trading around these high-stake events can be. The latest we've learnt reflects the confusion and state of uncertainty. On one hand, ...
- Submitted Oct 8, 2019|From globalprime.com.au

As a large Chinese trade delegation readies to catch a plane en-route to Washington, the US administration is not setting the stage for the most optimal collaborative environment, a view that this time was unquestionably vindicated by the risk ...
- Submitted Oct 6, 2019|From globalprime.com.au|4 comments

With the US NFP failing to act as a driver to set the next directional bias in currencies, it's going to come down to this week's China-US trade talks and Trump's impeachment saga as the major catalysts to inject volatility into the Forex arena. The ...
- Submitted Oct 3, 2019|From globalprime.com.au

You wouldn't have guessed it was a true 'risk-off' environment out there as the EU-US trade war escalates by analyzing the performance of the NZD and the CHF. The former ended up as the main winner, only surpassed by the perky Yen, while the latter ...
- Submitted Oct 1, 2019|From globalprime.com.au|1 comment

The Australian Dollar has lost a significant amount of value on the back of a well-telegraphed 25bp rate cut by the RBA, with the one-way street bias in the Oceanic currency since the event a clear manifestation of the build up in expectations for ...
- Submitted Sep 30, 2019|From globalprime.com.au

It didn't matter that the pendulum swung from risk off late on Friday to a more benign profile on Monday, neither made a difference to experience month and quarter end flows, the buy-side activity in the world's reserve currency (USD) and the ...
- Submitted Sep 26, 2019|From globalprime.com.au|3 comments

There is a sense of charged uncertainty in financial markets as the Trump - Ukraine saga continues with the release of a whistle-blower complaint, alongside the news that the US is unlikely to extend waivers for US firms to supply Huawei, which ...
- Submitted Sep 25, 2019|From globalprime.com.au|7 comments

The confluence of receding risks of an impeachment ever making it through the Republican-controlled Senate coupled with US President Trump talking up the immediacy of a trade deal with China on the sidelines of the United Nations, resulted in a ...
- Submitted Sep 24, 2019|From globalprime.com.au|7 comments

The trading dynamics in the currency market suffered a sudden change of heart as news broke out that Democrats have started proceedings for an impeachment of Trump, which led to an extension of the USD weakness, which had kick started earlier on the ...
- Submitted Sep 22, 2019|From globalprime.com.au|1 comment

There has been a change of dynamics at the open of markets in Asia, with risk back being bid as signs of progress in trade discussions between the US and China were highlighted by the Chinese Commerce Ministry over the weekend. The usual suspects ...
- Submitted Sep 20, 2019|From globalprime.com.au

The Sterling is hands down the currency running away from the FX pack in an upside direction, while the opposite is true about the New Zealand Dollar. The rest of currencies indices, when crosschecking its performance against a basket of G8 FX, are ...
- Submitted Sep 18, 2019|From globalprime.com.au

As the price of Oil adjusts lower on the appeasing words by the Saudi Arabia energy minister that the Kingdom is set to return to full oil production capacity within 2-3 weeks, the market is in the transition period to accommodate and expand its ...
- Submitted Sep 16, 2019|From globalprime.com.au|1 comment

It was a very busy Monday for Oil traders as the market digested the news emanating from Saudi Arabia after suffering the sudden loss of 5.7m b/d of oil production, which marks the largest outage the market has ever seen in volume terms, surpassing ...
- Submitted Sep 15, 2019|From globalprime.com.au|1 comment

Crude Oil has gone ballistic higher after the unprecedented implications of the multiple Houthi rebel-claimed drone attacks to the world’s biggest crude production facility in Abqaiq and Saudi Arabia’s second-biggest production facility in Khurais. ...
- Submitted Sep 12, 2019|From globalprime.com.au

Draghi underwhelmed in the delivery of the ECB easing package, leading to (eventually) sellers being overwhelmed by the buy-side pressure. In the end, even if this time the cleanout of weak-handed longs went deeper than the last ECB disappointing ...
- Submitted Sep 10, 2019|From globalprime.com.au|2 comments

The Euro keeps garnering further upward traction in the Asian session this Wednesday as the conviction over the boldness of the stimulus by the ECB is in recess. We have another 24h of technically-oriented EUR trading before all the bets go off when ...