WEEKLY-3-226x201

Weekly Overview

▸Dollar positioning was caught short prior to Yellen’s Jackson Hole speech as the speech was considered more hawkish then consensus. Sentiment will continue to keep US rates in focus, but the dollar downward trend will likely continue unless the US NFP report on Friday surprises once again to the upside ▸Ahead of US payrolls data, […]

WEEKLY-3

Weekly Outlook

▸The general focus by financial markets is still on the “live” September meeting by the FED, where decision makers and economist’s across the board are still debating if we will see a hike or not in September or be potentially deferred to December. We do not think the FED will move in 2016, based on […]

WEEKLY-3-226x201

Weekly

▸Apart from Wednesday’s FED minutes, focus will be on inflation. We will have CPI data from the UK, US, Canada and the Euro-Zone and especially the US figures will be watched closely by market participants to either increase/decrease the odds of an additional rate hike this year from the US. We do not expect that […]

WEEKLY-3

Weekly Overview

▸The BoE managed to surprise the financial markets Thursday, which included such measures as a rate cut and a significant increase in QE and with dollar strength across the board in Friday’s trading, expectations should be that GBP sentiment should deteriorate and lead to additional downside in GBPUSD and vice versa in EURGBP ▸The BoJ […]

WEEKLY-3-226x201

Weekly Overview

The US Dollar ended the week across the board post meetings from both the FED and BOJ. The dollar sell-off was supported in through the NY trading session, with disappointing GDP figures from the US. We expect this theme to persist throughout next week, until Friday where US payroll numbers will set the stage to […]

WEEKLY-3-226x201

Tier1FX Weekly Overview

▸It looks as if the military in Turkey who tried to take over power has now come under control as Turkish President Erdogan is back in Istanbul and has commented that military officers are now being arrested. The situation will be followed closely by the financial markets, where we have seen a sharp sell-off in […]

WEEKLY-3-226x201

Tier1FX Weekly Overview

▸The overall risk barometer dropped a notch last week as investors found comfort to the fact that central banks across continents will commit to further easing if the uncertainty surrounding “Brexit” should continue to be a market theme. We expect this to spill over into next week’s trading as Monday is a US holiday and […]

WEEKLY-3-226x201

Tier1FX Weekly

▸The UK referendum vote to “leave” came as a big surprise to the financial markets as both the recent polls and betting odds were clearly in favor of the remain campaign. So we expect the turmoil to continue into next week’s trading with focus on uncertainty and lack of a solid global growth outlook, which […]

WEEKLY-3-226x201

Tier1FX Weekly

The weekly outlook will continue to be a blur ahead of Thursday’s Brexit referendum. Sterling liquidity continues to decrease with intra week implied volatility readings through the roof. Be careful placing orders in GBP pairs both ahead and after the vote as the slippage could very likely mimic what we saw happen with the SNB […]

WEEKLY-3

Tier1FX Weekly

Brexit fears are increasingly making markets nervous, with further evidence last week of the no voters continuing to find further support. We expect that GBP volatility will continue to spike higher and for the intra week ranges to become even more erratic then what traders got accustomed too last week Wednesday the FED announces their […]