Three Zimbabwe Gold Mines Shut Down Operations Over Forex Challenges

Operations at three Zimbabwe gold mines owned by ZSE listed RioZim have been suspended as the company – which also runs the Murowa diamond mine – failed to get...

USD/JPY and AUD/USD Forecast – 08 February 2019

USD/JPY The US dollar fell against the Japanese yen initially during the trading session on Thursday but found enough support at the ¥109.50 level to turn things back around and...

MARKETS: U.S. Dollar On Six-Day Rally Streak

After a robust performance in 2018, the Dollar’s rally was expected to come under significant pressure going into 2019. Well, that may not be so true. Factors that supported the...

Dollar Dominates the Open

Market Drivers February 11, 2019 Dollar dominates week's open Swissie hits a mini flash crash Nikkei closed Dax 1.00% Oil $52/bbl Gold $1309/oz. Europe and Asia: UK GBP GBP 1.3% vs. 1.4% UK GBP MP -2.1% vs....

Weekly Market Outlook – More to Celebrate Than it Seems, Yet...

It could have been worse. Although the market peeled back on Wednesday and Thursday of last week, on Friday the bulls held the line and push stocks back into...

FX – Trade Talks, Brexit, More Problems Ahead

The fear trade is back. All of the major currencies fell sharply this week as investors flocked into the safety of the US dollar. Big deadlines are looming in the...

Economic Data Calls Feb 11, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 11, 2019) — Good Luck Trading! 1. UK Trade Balance (04:30 ET) Bearish GBP -- Potential downside surprise as...

Wall Street Weaker After Dive In European Stock Markets

U.S. stocks were easier on Thursday as investors weighed up the outlook for the global economy, in the wake of weak data out of Europe. “There’s a resurfacing of global...

Economic Data Calls for Feb 8, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 8, 2019) — Good Luck Trading! 1. German Trade Balance (02:00 ET) Bearish EUR -- Potential downside surprise given...

AUD and NZD Crushed, Will GBP Follow on BoE?

There were no US economic reports released today but the dollar extended its gains many major currencies. We are still seeing a lingering affect from last week's nonfarm payrolls report...

Economic Data Calls for Feb 7, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 7, 2019) — Good Luck Trading! 1. German Industrial Production (02:00 ET) Bearish EUR -- Potential downside surprise given...

EUR/USD Forex Signal – 06 February 2019

Yesterday's signals were not triggered, as none of the key levels were reached during the session. Today's EUR/USD Signals Risk 0.75%. Trades must be entered between 8am and 5pmLondon time today only. Short...