A bull market in bonds has existed since 1980, when the yield of the benchmark US 30-year Treasury bond reached 15%. This yield continued to fall to its current low of 2-3%. The big question on investors’ minds—has the bull move run its course? Market wisdom states that bells won’t ring at the top or … “Are Bonds No Longer a Safe Bet?”
Category: Opinions
BOC sends the C$ higher and a rate hike is now expected in July
The BOC left rates unchanged but made significant hawkish changes to the statement. The USD/CAD is falling sharply but still trades in an uptrend channel. The Bank of Canada left the interest rate unchanged at 1.25% as widely expected. However, they made significant changes. The biggest market-movers are in the words they omitted rather than added. … “BOC sends the C$ higher and a rate hike is now expected in July”
9 questions and answers about a potential Italian exit of the euro-zone
Italy’s political crisis triggered the worst sell-off of bonds since the height of the crisis and a sharp fall in the EUR/USD. Worries about Italexit, Italeave, or an Italian exit from the euro-zone have risen sharply. In a series of 9 questions and answers, we attempt to explain the crisis and what may happen next. … “9 questions and answers about a potential Italian exit of the euro-zone”
5 reasons why this EUR/USD rise is only temporary
The EUR/USD is recovering from the lows and finds some reasons to rise. However, this may only be a temporary, as the pair has reasons to fall. Here are five reasons to fade this current recovery. The EUR/USD is on the rise, trading above 1.1700 and contrary to previous days, not losing ground at the wake of … “5 reasons why this EUR/USD rise is only temporary”
GBP/USD: UK Politics Back In Driver Seat N-Term – BTMU
The Brtish Pound is undoubtedly on the back foot as data remains disappointing. But it is not only about the data but also about politics. Here is their view, courtesy of eFXdata: BTMU Research discusses GBP outlook and notes that the real driver of the pound over the short-term is now more related to politics than … “GBP/USD: UK Politics Back In Driver Seat N-Term – BTMU”
Civic (CVCBTC) looks Promising; Support can Bring Higher Levels in
Hello traders, we want to share with you a recognizable pattern on Civic against Bitcoin(CVCBTC), in which we see the potential for much higher levels. Civic made five waves up from 0.000026 lows, which means that trend is bullish. In EW theory, after every five waves, a three-wave pullback follows. If we also consider current … “Civic (CVCBTC) looks Promising; Support can Bring Higher Levels in”
The Long term USD forecast
In early 2017, President Trump made a comment that caught many by surprise. The ‘dollar was too strong’, he said. Consequently, this meant that the U.S government would no longer be in favor of the Clinton-era two-decade strong dollar policy. According to David Woo, Head of Global Rates and Foreign Exchange research at Bank of … “The Long term USD forecast”
ECB Meeting Minutes could reveal how worried they are about the “moderation”
The ECB Meeting Minutes will shed some light on the Bank’s views on the economy. Hints about future monetary policy are unlikely but could surprise. The common currency is poorly-positioned ahead of the event. The European Central Bank publishes the Monetary Policy Accounts on Thursday, May 24th, at 11:30 GMT. The document provides more detail … “ECB Meeting Minutes could reveal how worried they are about the “moderation””
3 things to look out for in the Fed Meeting Minutes
The FOMC Meeting Minutes from the May decision will shed some light on the Fed’s thinking. The usage of the word “symmetric” in regards to the Fed’s inflation target will come under specific scrutiny and two other points are important to watch. The US Dollar is poised to remain bid unless the Fed sends a … “3 things to look out for in the Fed Meeting Minutes”
Leverage Yourself: How Will the New ESMA Regulations Affect Brokers?
MiFID, GDPR, and now ESMA… You might be forgiven for thinking that there’s been an outbreak of Abbreviation fever in the European financial markets. The fact is, if you’re a serious trader or broker, you’d better get in line with the new regulations—and fast! ESMA, or the European Securities and Markets Authority, is the financial … “Leverage Yourself: How Will the New ESMA Regulations Affect Brokers?”