Sep 1, 2022 | Uncategorized
The ADP number is a sample of, and a proxy for, the Nonfarm payrolls number (NFP) that will be released on our Live Trading Day on Friday, and it came in below expectations. It is a sample of companies that use one of the biggest payroll payslip provider companies,...
Aug 17, 2022 | Uncategorized
It’s our expectation with a heavy US numbers day to come that Core Retail Sales will be firm and will continue to support the hawks on interest rate policies. We’ve already seen a UK number of 10.1% meaning the United Kingdom is on double-digit inflation...
Aug 4, 2022 | Uncategorized
The Hong Kong Dollar peg failure, is something in our view, that is going to come sooner than many people think, and there is a potential Asian FX crisis that may escalate from this.So far it’s only been the Japanese Yen that has moved substantially (23%) over...
Jul 20, 2022 | Uncategorized
In a low Dollar and heavy Euro-based news environment for the week ahead, and a CPI called for on the British Pound on Wednesday, (see right, ForexFactory) it’s quite likely that the Dollar will rest and pause.We saw softening of the Dollar towards the end of...
Jul 7, 2022 | Uncategorized
Key event! EUR/USD is in an inverted HVF setup with a target that takes it below parity. That’s right! We said a long time ago, that the EURO falls below parity against the Dollar. Further to which, our long-term trade that was “in-between” when...
