- Search Crypto Craft
- 400 Results (334 Stories, 66 Comments)
- Submitted Feb 13, 2020|From globalprime.com.au

The British Pound had no rivalry in the Forex land, with the currency finding strong demand after the British Finance Minister Sajid Javid resigned in what was seen as a surprise move. Immediately, the market started to connect the dots, assuming ...
- Submitted Feb 12, 2020|From globalprime.com.au

The more days that go by, the more traders are getting a sense that the worst in the NCoV scare may be behind us. This is not a hunch or something I write out of my gut feeling, but as usual, I let price action and the aggregated flows in G8 FX tell ...
- Submitted Feb 11, 2020|From globalprime.com.au

The economic calendar was packed with Central Bank events, including Fed’s Powell, ECB’s Lagarde and BOE’s Carney. The net effect, after all said and done, is a sense that these policymakers did a great job at sounding non-committal and sticking to ...
- Submitted Feb 10, 2020|From globalprime.com.au

The shift in order flow since the outbreak of the NCoV continues to keep the US Dollar and the Japanese Yen in the front-seat, while the Kiwi emerges as the worst performer, starting to divergence from the soothing in sell-side pressure seen in the ...
- Submitted Feb 9, 2020|From globalprime.com.au

A renewed surge on risk aversion reignited the Yen, while the USD, invigorated by a solid US NFP, and backed up by strong technicals, also rose, in tandem with the appreciation seen in the Canadian Dollar as the domestic employment numbers topped ...
- Submitted Feb 6, 2020|From globalprime.com.au|1 comment

The dominance by the King of Forex this year (USD) continues. The consistent demand flows the currency has attracted speak by itself. Regardless of the NCoV consequences for the overall risk profile, the resilience of the currency is impressive. The ...
- Submitted Feb 5, 2020|From globalprime.com.au|1 comment

Another very strong performance by risk assets, almost analogous to the price action script seen in the prior 24h, with equities flying higher and fixed-income (bonds) dumped. The in-sync reinvigoration in these two asset classes wreaked havoc the ...
- Submitted Feb 4, 2020|From globalprime.com.au|3 comments

The pick up in risk appetite, in what I call ‘true risk on’, as both equities and bond yields in the US rose strongly in tandem, led to a further reprieve in the Oceanic currencies (AUD, NZD). The currencies were catapulted into higher ground for a ...
- Submitted Feb 3, 2020|From globalprime.com.au|1 comment

The market has gone through a short-term relief rally in risk-sensitive instruments. The modest easing of financial conditions as depicted by the rise in US equities or the pause in the bloodbath of global bond yields, has led to a minor recovery in ...
- Submitted Feb 2, 2020|From globalprime.com.au

There continues to be no respite to the tightening of financial conditions as depicted by the sharp falls in US equities before the end of business on Friday. The coronavirus-induced risk-off is highly likely to be here to stay for weeks if not ...
- Submitted Jan 30, 2020|From globalprime.com.au

With the WHO finally declaring the coronavirus (NCoV) a public health emergency alongside news that the US travel advisory just raised the alert level to its highest by advising nationals not to travel to China, the market, understandably, remains ...
- Submitted Jan 29, 2020|From globalprime.com.au

The USD kept advancing further ground up until the point when a dovish tilt by Fed’s Powell on inflation during Wednesday’s FOMC press conference led to a change of heart by the market. The currency ended softer after the remarks by Powell as the ...
- Submitted Jan 28, 2020|From globalprime.com.au|2 comments

The financial markets finally took a bit of a breather after the disproportionate one-sided movements in instruments the likes of the Yen, the Aussie, the Yuan, bonds, gold, equities. The fact that there was no new alarming developments in the ...
- Submitted Jan 27, 2020|From globalprime.com.au

As the coronavirus woes extend, so does the upside in the USD, JPY and CHF. These 3 currencies has expanded the gap versus its main peers in the G8 FX space as market participants take no chances and resort to the safe-haven appeal of classic plays. ...
- Submitted Jan 26, 2020|From globalprime.com.au|1 comment

The threat of the Corona Virus hitting much harder than thought the Chinese growth prospects, and as a consequence, the global GDP outlook this first semester, is a reality that the markets are starting to decisively account for, as demonstrated by ...
- Submitted Jan 24, 2020|From globalprime.com.au

The whippy movements in Forex extended on Thursday. The Euro fell miserably amid the lack of hawkish emphasis by the ECB, with the tentative green shoots seen in the Euro area nothing out of the ordinary. The remarks by the ECB statement, later ...