Although my “DRIVE THRU” blog does not return until September 15th, life still goes on and during the blog absence WEEKLY FX PREMIUM subscribers receive what I call an FX review plus information on trades specifically related to my LIVE TRADES and LIMIT ORDERS currently in play. In view of my comments last week, in […]
EUR/USD WHAT NEXT?
Although my “DRIVE THRU” blog is NOT back officially until September 15th, I thought that I would open up this week’s FX REVIEW to all, to show that life goes on even when I am on a summer break. A very strange week of trading for me, it was very dis-jointed. At the start of […]
SUMMER 2018
Hi, I am on vacation for the summer from posting my WEEKLY FX DRIVE THRU blogs. Trading however continues as usual for my WEEKLY FX PREMIUM subscribers. The “DRIVE THRU” blog returns September 15th 2018. In the interim period below are a few thoughts for you to consider about joining the WEEKLY FX PREMIUM. In […]
GBP: WHAT A WEEK, WHAT’S NEXT?
This year since January 13th, twenty-seven DRIVE THRU blogs have been posted. I am now at my summer break. After this blog I am not back with my weekly thoughts until September 15th. The big decision was what to end 2018 part one with? THE GBP: A WEEK AFTER CHEQUERS & A DAY AFTER THE […]
IS A BAD DEAL better than NO DEAL?
So many options this week on what to focus on, however I decided upon BREXIT. I feel like I have written all the opinions possible on this subject over the past couple of years, but just when I think I cannot add any more another twist shows itself. It has been said before by many […]
A LIVELY END OF Q2 & H1: WHERE NEXT FOR THE USD?
I took a week away from my screens last week and traded via by MacBook Air and iPAD whilst enjoying the sights around St. John’s, Newfoundland. I was traveling home last Friday and missed all the shenanigans of the USD falling in spectacular fashion and the EUR rising as the books of the larger institutions […]
BOE SURPRISES – WHERE NEXT FOR GBP?
What can I say? Trading FX brings up surprises every now and then. Last Thursday the MPC vote hit the wires showing a 6-3 in favour of no change in interest rates. In a matter of milli-seconds the BOE Chief Economist Andy Haldane was flashed on twitter feed as being the voting member who switched […]
DRAGHI PULLS IT OFF – WHERE NEXT FOR EURO?
What can I say? There are not many times that I am lost for words… but fair play to Draghi. The reaction he received from the markets to the ECB Monetary policy announcements and his press conference last Thursday, must have had him checking his calendar to check to see had his birthday and Christmas […]
IT’S A MATTER OF WHEN NOT IF?
Geopolitical news is dominating the media in most parts of the world. From a FX trader perspective, we are operating in a news driven, sound-byte environment. News driven markets in my opinion, can often be the most dangerous in which to trade for several reasons, one of which is often the news released may NOT […]
FX RANGE-BOUND AHEAD?
While I still think that EUROPE could have a big say in the FX market moves as I look ahead in the short and medium terms, it is the USD that has caught my eye more vis-à-vis its reactions to events whether economic or geopolitical. For some time, I have spoken about market complacency, more […]
EU / EUROZONE: ON THIN ICE
My last two blog introductions have been Europe focused. May 19th: ITALY – THE DOOMSDAY SCENARIO? May 5th: ARE BOTH EUROPE & UK AT THE PRECIPICE? I find myself once again looking across the Atlantic Ocean at Europe this week, despite having “a pick” of topics that I could choose from the U.S. relating to […]
ITALY – THE DOOMSDAY SCENARIO?
Two weeks ago, my last blog in fact, I wrote about the UK and EUROPE being at the precipice. In the past 14 days sentiment has shifted and moves in the currencies I talked about have started, however, I never had ITALY as front runner to possibly drive the single currency lower to new 52 […]
ARE BOTH EUROPE & UK AT THE PRECIPICE?
Probably like many other FX traders given the improving economic position seen across the EUROZONE, I was rubbing my palms with excitement thinking that there would be thousands of pips up for grabs in 2018 as Draghi brought the ECB dovish accommodation to an end and the ECB began tapering out of QE (Quantitative Easing). […]