Forex – How to Trade the US Presidential Debate Daily FX Market Roundup 09.26.16 Tonight’s U.S. Presidential debate is the market’s main focus for the next 24 to 48 hours. For currencies we know that politics can overshadow economics and the first debate between the two main Presidential candidates will have a significant impact on the U.S. dollar. We expect an active trading session starting this evening with traders in Asia getting the first opportunity to react to the debate results. Political scientists argue that debates rarely affect the outcome of the election but history tells us that stocks perform terribly. According to studies dating back to 1980, U.S. stocks trade lower the week after a deb...
September 26th, 2016 - Market Drivers September 26, 2016 Johnson comments continue to rattle Cable IFO beats Nikkei -1.25% Dax -1.58% Oil $44/bbl Gold $1339/oz. Europe and Asia: NZD Trade Balance EUR IFO 109.5 vs. 106.3 GBP BBA Mortages 37K vs. 37.2K North America: USD New Home Sales 10:00 A very quiet...
September 26th, 2016 - Forex – How to Trade the US Presidential Debate Daily FX Market Roundup 09.26.16 Tonight’s U.S. Presidential debate is the market’s main focus for the next 24 to 48 hours. For currencies we know that politics can overshadow economics and the first debate between the two main Presidentia...
September 21st, 2016 - USDJPY Aims for 100 on Fed, BoJ Disappointments Daily FX Market Roundup 09.21.16 If we could use one word to summarize today’s rate decisions it would be DISAPPOINTMENT. The market did not have high hopes going into the Federal Reserve and Bank of Japan monetary policy announcements but some...
December 24th, 2015 - British Pound and the Defining Issues for 2016 By Kathy Lien, Managing Director for BK Asset Management 2016 will be a defining year for the British pound – a year when politics will overshadow economics. Considering that sterling ended the year near 7 month lows against the U.S. dollar, so...
