Foreign Exchange (FX)
Use this discussion board to talk about anything relating to FX. Fundamental and technical analysis is encouraged. From GBP to USD and everything in between.
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Our picks
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British Pound (GBP) Price Outlook: EUR/GBP Rally May Run Out of Steam
MongiIG posted a blog entry in Market News,
EUR/GBP PRICE, NEWS AND ANALYSIS:
EUR/GBP will likely slip back after its rally over the past few days as the Euro was boosted by concerns about the Omicron variant of Covid-19 and whether existing vaccines will be effective against it.
Meanwhile, a reshuffle of the UK Labour Party’s shadow Cabinet should have little impact on GBP even though opinion polls show Labour neck-and-neck with the ruling Conservatives.-
- 0 replies
Picked By
MongiIG, -
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Crude Oil Prices Sink as Moderna CEO Warns on Omicron Ahead of OPEC+. Where To for WTI?
MongiIG posted a blog entry in Market News,
CRUDE OIL, WTI, AUD/USD, CHINA PMI, MSCI, NIKKEI 225 - TALKING POINTS:
Crude oil prices tanked as risk-off sentiment resumed in Asia today.
APAC equities were doing ok until a report questioned the efficacy of vaccines.
OPEC+ could be a non-event on Thursday now. Will crude continue lower?-
- 0 replies
Picked By
MongiIG, -
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Covid Worries Don’t Capsize Markets Just Yet, But Watch the Dow and US Dollar
MongiIG posted a blog entry in Market News,
S&P 500, NASDAQ 100, DOW, COVID AND DOLLAR TALKING POINTS:
The S&P 500 led ‘risk assets’ on a broad slump in sentiment this past Friday which found fundamental blame in news of the Omicron Covid variant.
Markets made a bid to recovery this past session, but the Dow and the DAX didn’t seem to muster the same enthusiasm as speculative favorites like the SPX and Nasdaq.
A full recovery in risk trends is almost assumed given seasonal conditions and post-Covid momentum, but the Dollar may offer a more insightful nuance.-
- 0 replies
Picked By
MongiIG, -
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10/06/21 10:53
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