EUR/USD down on the Draghi drag and FDP failure

The president of the ECB is speaking for the second business day in a row. Mario Draghi is mostly repeating the same stance of his previous speech: great growth but with lagging inflation. Yet he adds some other interesting comments: the central banker warns that geopolitical risks and outside forces could trigger a market correction […]

Pound problems and real raises – MM #165

The yield curve is flattening and this serves as a warning sign of an upcoming recession. Are the worries justified? We begin with this and continue to the breakout in oil prices. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Pound problems: We start off with the Brexit negotiations which are […]

Is There a Proven Algo Trading Method?

If you had been trading stocks or bonds back in the 1980s and 1990s in London or New York, chances are you would have been a rough-and-ready market maker with little or no training in economics or mathematics. Ever since the Stock Market Crash of October 19th, 1987, that all changed. This was the green […]

EUR/USD falls with German coalition talks

German Chancellor Angela Merkel was unable to form a coalition. The talks between her own CDU party, the sister Bavarian CSU party, the Greens, and the FDP failed. A weekend full of negotiations was inconclusive. EUR/USD opened the week on lower ground, erasing some of the gains it had enjoyed in the previous week. The […]

Is the pound ready to rise?

GBP/USD has closed the week on higher ground on high hopes. These hopes relate to the Brexit negotiations that should hopefully reach some results by the EU Summit in mid-November. Here are two opinions, by BTMU and Credit Agricole: Here is their view, courtesy of eFXnews: GBP/USD: Options Flows Points To A Scope For GBP […]

EUR/USD: Close To Fair Value; What’s Next? – Barclays

Euro/dollar is relatively stable at a somewhat higher ground. Has it reached a new balance? Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research discusses its EUR/USD outlook going into 2018, expecting a flat profile around 1.17 level into Q1 of next year before breaking higher towards […]