Submitted Mar 17, 2020|From globalprime.com.au|1 comment

If as a trader you are still baffled by the speed at which Forex market dynamics have morphed from bottom-rock depression by any historic volatility standards to the insane wild swings witnessed, this article will be a breeze of fresh air to help ...

Submitted Mar 16, 2020|From globalprime.com.au|2 comments

The collapse in equities, 3rd biggest down day ever only rivaled by the Great Depression and 1987, continues to have serious spillover effects in currency flows as the Yen, Swissy, Euro and to a lesser extent the USD remain the group of ...

Submitted Mar 15, 2020|From globalprime.com.au

The race to the bottom by Central Banks is almost complete, with the RBNZ and Fed stepping in again. Yet, once again, the attempts by the latter to appease market fears have proven unsuccessful. The latest draconian actions taken by the Western ...

Submitted Mar 12, 2020|From globalprimefx.com|1 comment

The mass exodus of long-held positions in global equity markets amid an increase in margin calls, the disjointed movements in currencies, the sky-high volatility is the daily harrowing script the market has sadly settled into as the total loss of ...

Submitted Mar 11, 2020|From globalprimefx.com|1 comment

How much worse can it get? Judging by the continuous declines in US equities, it appears as though we might still have further south to travel. Besides, the stats are far from encouraging as the VIX returns above 50.00 and the Dow and S&P enter bear ...

Submitted Mar 10, 2020|From globalprime.com.au|2 comments

The harrowing ‘risk-off’ scenes recently witnessed abated as the market appears to be welcoming news that the US is preparing a rich stimulus package to support the economic fallout from the coronavirus outbreak. Further coordinated intervention by ...

Submitted Mar 9, 2020|From globalprime.com.au|1 comment

Monday, March 9th, will go down as one of those catastrophic days in the history books. The Forex volatility traders are having to navigate through is unlike anything seen for many years and fair to say we can start drawing parallels with the ...

Submitted Mar 8, 2020|From globalprime.com.au|7 comments

If the demand shock courtesy of COVID-19 was not enough of a stumbling block for the depressed outlook for the price of Oil, an all-out price war broke out over the weekend after Saudi Aramco cut its official selling price and announced that it ...

Submitted Mar 5, 2020|From globalprime.com.au

So far, the easing measures by the Fed, RBA and BOC have provided a very limited relief rally to the underlying risk-off dynamics, with the funding currencies’ complex still the place to be. Even the added groovy vibes via the major boost of Biden ...

Submitted Mar 2, 2020|From globalprime.com.au

The European funding currencies (EUR, CHF) kept charging higher even if by analyzing the aggregated flows that have gone into it, I am highly agnostic of this one-way traffic to continue. One of the much-awaited circuit breakers to see the bloodbath ...

Submitted Feb 26, 2020|From globalprime.com.au

The behavior in financial markets continue to portray how deeply concerning the COVID-19 situation has gotten as numerous agencies around the globe set the stage for an upcoming ‘pandemic’, even if that’s a term that the highest health authority ...

Submitted Feb 25, 2020|From globalprime.com.au|1 comment

Risk-off is certainly back with a vengeance with no mercy for equities, which appear to finally be ‘catching down’ to the reality of a world that faces the prospects of a recession. News that more cases are popping up in European countries (Spain, ...

Submitted Feb 24, 2020|From globalprime.com.au

The market is clearly developing a growing correlation between the proximity of the virus to the Western world and fear in market participants as well as government. Equities are 'catching down' to this reality, re-connecting with the dreadful ...

Submitted Feb 23, 2020|From globalprime.com.au|1 comment

The market is playing a ‘defensive’ card to start the week as COVID-19 anxiety continues on the rise as the international cases and deaths keep spreading from North Korea, through Iran, all the way to Italy, where over 130 cases are now detected. ...

Submitted Feb 20, 2020|From globalprime.com.au

Geographics are playing a greater role in the adjustment of portfolio positioning as the COVID-19 plays out, with concerns over the spread now in Beijing and outside of China. When officials in China are even weighing the possibility of a ...

Submitted Feb 19, 2020|From globalprime.com.au

Few will argue that the hot topic of conversation online is the debacle of the Japanese currency. Some traders at banks are speculating that the correlation breakout of Gold and the Yen represents a paradigm shift in the logic to trade the Japanese ...

Submitted Feb 18, 2020|From globalprime.com.au

The behavior in currencies has re-aligned with the overall COVID-19 induced growth concerns, this time kick started early on Tuesday after Apple downgraded its revenue guidance, attributing the setback to constrained iPhone supply and suppressed ...

Submitted Feb 17, 2020|From globalprime.com.au

As Forex traders, volatility is the oxygen we need, and judging by the last 48h, the market has certainly strangled us by missing this critical component. On Monday, with the exceptions of the British Pound and the Canadian Dollar, the rest of the ...

Submitted Feb 16, 2020|From globalprime.com.au

Last Friday was one of those uninspiring days with minimal flows in the G8 FX complex. Buy on dip strategies continue to thrive in the British Pound and US Dollar markets, while the Japanese Yen has firmed up its stance in recent days too, despite ...