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 […]

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US Dollar Remained Weak: Global Uncertainty Justifies Slower Path of Rate

US dollar has remained weak in the Asian trading session following yesterday’s speech from Fed Chair Yellen, which signalled more caution over rate hikes in the near-term. “Given the risks to the outlook, I consider it appropriate for the committee to proceed cautiously in adjusting policy,” Yellen said. Besides, she adds: “The major thing that’s […]

Tokijska Gieda Papierw Wartociowych

Busy week ahead – Central Banks, GDPs in focus

Despite an upbeat close in the US equity markets on Friday, Asian equities have softened going into this week on back of a drop in oil, which seems to be the main driver for risk taking at the moment. In currencies, the weakened considerably last week on speculation that the Bank of Japan would introduce […]

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Sideways Trading Ahead of FOMC

Despite some surprises to the US Retail Sales and PPI, markets were more or less unchanged in yesterday’s trading session while awaiting the announcement of the interest rates and monetary outlook from the FOMC tonight. Oil traded lower as Iran expressed that they had no intention of capping oil production despite a relatively weak demand […]