News by Newsroom on 06:59 EST February 21, 2017
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News by Simon Kazinsky on 06:50 EST February 13, 2017According to DailyFX, a portal that tracks retail traders positioning, the ratio between long and short traders for the SPX500 CFD stands now at 9 to 91% having reached earlier today a reading of 8 to 92% during the Asian session.
News by Allie Longford on 20:21 EST February 06, 2017
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News by Simon Kazinsky on 11:50 EST January 17, 2017After yet another dramatic plunge for the pound at the start of the week where GBPUSD gapped down by more than 200 pips at the open the British currency has made a V shape recovery against the dollar following (or coinciding) the UK's PM announcement that whatever the Brexit deal is it will have to be approved by parliament.
News by Newsroom on 09:06 EST January 13, 2017
News by Allie Longford on 08:30 EST January 06, 2017
News by Allie Longford on 02:23 EST January 02, 2017Following the abrupt end of the year for stocks where the Dow Jones gave up topping the 20,000 mark before the last bell and the Standard and Poors 500 shed 50 points in a couple of days it is worth noticing that the first month of the year is not consistent with the one way -upward- street narrative.
Tech analysis by Simon Kazinsky on 23:35 EST December 28, 2016The euro keeps its soft tone this week versus the all mighty dollar.
News by Newsroom on 10:19 EST December 28, 2016
News by Allie Longford on 18:46 EST December 27, 2016With stock indices at all time record highs, raw materials being the big winners at the end of 2016 with price increases north of 20% in many cases, something that will feed through to the price of end products next year and the dollar strength making US shares extremely expensive when purchased with foreign currency the likelihood of a correction in the US Stock market next year keeps growing.
News by Simon Kazinsky on 12:30 EST December 19, 2016
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News by Simon Kazinsky on 13:20 EST December 05, 2016
News by Newsroom on 22:01 EST December 01, 2016
News by Simon Kazinsky on 04:33 EST December 01, 2016Oil has gained around 10% in less than 24 hours after the OPEC agreed on Wednesday to cut production for first time in eight years.