by Michael Bridgman | Mar 12, 2019 | Forex Tips
The markets have a lot to digest at the moment. The U.S. – China trade talks appear to be progressing positively and Britain is still hoping for a “soft Brexit” as the March 29th deadline gets closer and closer. Unfortunately for British P.M. May, she is not...
by Michael Bridgman | Mar 8, 2019 | Forex Tips
The NFP number was the worst since September 2017. The reaction was to sell the USD. The yen was not an immediate beneficiary but gold moved upward in sight of $1300 again. It’s not surprising after the USD had a solid move up this week – testing its December highs...
by Michael Bridgman | Mar 7, 2019 | Forex Tips
ECB President Draghi was going to speaking today and the market was already bearish about the E.U. economic numbers. Germany barely missed going into recession and Italy is in much worse shape. Chances of hearing of an interest rate hike this year is not expected. The...
by Michael Bridgman | Mar 4, 2019 | Forex Tips
With a stronger USD and the GBPUSD rolling over as the U.S. session got underway, a short was taken risking 16 pips for a potential 66 pips to our daily target at 1.3142. The pair had gapped higher as the markets reopened this week, oscillated sideways throughout the...
by Michael Bridgman | Mar 1, 2019 | Forex Tips
The USD is benefitting from optimism regarding progress with the U.S. – China trade talks. There is no agreement yet, but with the tariff deadline lifted this week by President Trump, the USD has been strengthening for three days now…and gold has been collapsing....
