Category Archives: Trading Tips

USD/JPY Higher after US Data – 17 January 2020

The US Dollar rose against the Japanese Yen during trade in the Asian session after data released on Thursday suggested that the US economy was able to maintain growth at a moderate pace toward the end of 2019. The US

Bank of China: Reserve Ratios are at an Appropriate Level – 16 January 2020

The People’s Bank of China said that the reserve requirement ratio (or RRR) is currently at an appropriate level. The head of the People’s Bank of China’s Sun Guofeng added that there is limited room for further cuts in the

The U.S.-Sino Trade Deal Digested – 16 January 2020

The signing of “phase 1” of the U.S.-Sino trade deal on Wednesday has allowed traders and analysts worldwide to breathe a sigh of relief. After weeks of speculation as to whether the deal would be signed, the two countries are

Markets Take Trade Deal in Stride – 16 January 2020

The majority of the major currencies had a muted response to yesterday’s signing of a trade deal between China and the United States, largely because there were no new surprises. Analysts point out that the issues which were agreed upon

Fed Announces Repo Plans into February – 15 January 2020

The Federal Reserve announced on Tuesday its plans to conduct repurchase agreement operations (repo operations) until at least mid February, extending the program that has been in place since September. However, the Fed hinted that it may be looking to

UK CPI Data Disappoints – 15 January 2020

The Pound Sterling initially edged lower in Wednesday trade after disappointing inflation data ramped up market expectations that the Bank of England will be cutting its lending rate at this month’s meeting. According to the Office of National Statistics, CPI

US and China to Sign “Phase 1” Trade Deal – 15 January 2020

The United States and China are set to sign phase 1 of their trade deal on Wednesday. President Donald Trump and the Chinese Vice Premier Liu He are expected to meet and sign the accord during an event that is

Theresa May’s Advisor Attacks Boris Johnson’s Brexit Deal – 14 January 2020

According to Theresa May’s former advisor Gavin Barwell, a member of the House of Lords, Boris Johnson’s Brexit deal gives Brussels what it wanted regarding Northern Ireland. Brussels was demanding from the UK to avoid the creation of a border

Pound Weighed by Worries – 14 January 2020

The Pound Sterling continues to slide during London trade on Tuesday as yet another member of the Monetary Policy Committee of the Bank of England signaled a willingness to lower interest rates at the upcoming policy meeting. Disappointing economic data

Optimism Reins Supreme as Trade Deal Details Emerge – 14 January 2020

The full details of “phase 1” of the U.S.-Sino won’t be released until Wednesday, but some details have been released to the press which show positive advances and heightened good will between the countries. The reports have sent global stock