China’s Central Bank Injects Cash Into Money Market
China’s (FXI, quote) central bank continued cash injections into the money market through open market operations on Tuesday to ease liquidity.
Strategies
EURUSD Forecast April 25, 2017, Technical Analysis
The EURUSD pair gapped at the open on Monday, as the French elections gave traders confidence in the EUR again.
It’s A Tough Life For OPEC!
The recent rally for crude oil, came to a shuddering halt this week with Wednesday’s wide spread down candle driving oil prices firmly back towards the $50 per barrel region, and wiping out much of the gains of the last few weeks.
AUDUSD Daily Analysis – April 21, 2017
AUDUSD remains in downtrend from 0.7610, the rise from 0.7491 is likely consolidation of the downtrend.
Taxes, Costs Cut To Help Businesses Grow
New tax cuts to spur economic dynamism were approved at the State Council’s executive meeting, presided over by Premier Li Keqiang, on Wednesday. Some pilot taxation incentives will be expanded, and the value added tax will be consolidated.
EURUSD Forecast April 20, 2017, Technical Analysis
The EURUSD pair pulled back just a bit during the trading session on Wednesday, but still looks bullish and overall the market has been grinding higher sense late December.
AUDUSD Forecast April 20, 2017, Technical Analysis
The AUDUSD pair fell significantly during the day, testing the 0.75 level.
GBPUSD Still Faces Significant Brexit-Related Risks
After a 300-pip rally on Tuesday, the GBPUSD is unsurprisingly taking a breather today. Tuesday’s upsurge came on the back of news Theresa May called for a snap general election.
Classic Trap Move On The YM emini Daily Chart
US equity markets continued to wallow again yesterday, as risk on appetite wanes as global tensions continue to weigh on risk asset classes, bringing to a halt the strong bullish moves post Trump.
Will Tax Reform Delays Lead To Market Selloff?
ICMA-RC CIO Wayne Wicker on how the timeline for the Republican fiscal policies will potentially impact the markets.