Telstra International Scam

Telstra International Scam

Almost 9/10 Australians rely on a smartphone for everything from works calls to personal banking, navigation and photography. But just when smartphones are at their most useful — when you’re in a foreign location — using them to their full potential can become much more expensive. Despite regulatory changes, global roaming is still one of […]

Indonesian Rupiah (IDR) All Time Low

Indonesian Rupiah (IDR) All Time Low

Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]

Malaysian Ringgit (MYR) Come Back

Malaysian Ringgit (MYR) Come Back

The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]

Brexit – Fight For Euro Clearing

Brexit – Fight For Euro Clearing

The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]

Supervalu Shares Rose 49 Cents

Supervalu Shares Rose 49 Cents

A Minnesota-based grocery company is making a power play in the Chicago area, stepping into the void being left by the bankrupt Central Grocers, a nearly century-old grocery cooperative that’s closed up shop. Supervalu Holdings has entered into an agreement to buy Central Grocers’ massive distribution center in Joliet for $61 million. Supervalu reported fiscal first-quarter net […]

Charles Schwab Trading Analysis

Charles Schwab Trading Analysis

The Charles Schwab Corporation (SCHW) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $41.96, down from yesterday’s close by -0.45%. Given the stock’s recent action, it seemed like a good time to take a closer look […]

Should You Invest In Transocean?

Should You Invest In Transocean?

Investment Thesis Transocean (RIG) is the uncontested leader in the deep water sector (floaters) with an impressive backlog estimated at $10 billion. The company fleet is now reduced to 50 rigs with 26 rigs operating (including the two under-construction drillships contracted to Shell for 10 years). The company management has done an excellent job to rejuvenate its rig fleet […]

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company’s previously announced sale of HelloWallet, an online financial wellness business. Revenue for […]

Australian Dollar (A$) CPI Outlook

Australian Dollar (A$) CPI Outlook

Australia’s Consumer Price Index (CPI) climbed an annualized 2.1% after expanding 1.5% during the last three-months of 2016, while the core rate of inflation increased 1.9% during the same period amid forecasts for a 1.8% print. Signs of slower-than-expected inflation may encourage the Reserve Bank of Australia (RBA) to preserve the record-low cash rate for […]

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group, Australia’s leading investment bank, has a hole to fill. In the years after the global financial crisis, the bank’s Corporate and Asset Finance (CAF) unit – an opaque business analysts call a “black box” – accounted for almost a third of Macquarie’s earnings, driving growth fueled by a A$33 billion ($26.18 billion)-plus bet […]

JPMorgan Chase & Co. (NYSE:JPM) HEFFX Highlights

JPMorgan Chase & Co. (NYSE:JPM) HEFFX Highlights

JPMorgan Chase & Co. (NYSE:JPM) HEFFX Highlights JPMorgan smashes Wall Street estimates, but shares decline on outlook JPMorgan reports much better-than-expected second quarter earnings. However, the bank lowers its net interest income forecast for the year. Trading revenue also fell. JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment […]

AMP Limited Skyrockets

AMP Limited Skyrockets

The stock of Ameriprise Financial, Inc. (NYSE:AMP)reached all time high today, Jul, 25 and still has $147.47 target or 6.00 % above today’s $139.12 share price. This indicates more upside for the $21.40 billion company. This technical setup was reported by Barchart.com. If the $147.47 PT is reached, the company will be worth $1.28 billion more. Trading […]

Thai Baht (THB) Trade analysis

Thai Baht (THB) Trade analysis

The Thai baht rose marginally on Monday, headed for a second straight session of gains. The dollar-baht pair is tracking lower after the Bank of Thailand played down concerns about a strong THB on export competitiveness. Thailand’s trade competitiveness has not been much affected by a strong baht and exports can still increase as forecast this […]

Amazon.com, Inc. Taking Over All Industries

Amazon.com, Inc. Taking Over All Industries

No one should doubt Amazon.com’s power to disrupt new industries. While the onetime online bookstore has grown to dominate retail, it has also become a major player in businesses ranging from cloud computing to Hollywood — and even has experimented seriously with drones. It’s no wonder that fear strikes investors and executives when they learn — or even hear rumors — […]

Confidence In The Thai Baht (THB)

Confidence In The Thai Baht (THB)

A central bank official states that Thailand’s trade competitiveness has not been affected much by a strong baht and they are still confident that exports will grow 5 percent. Travel Recently, several tourists attempting to enter Thailand have been stopped and asked to show THB20,000 (about USD594) at airport immigration checkpoints. As an attempt to prevent the […]

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Though proceeds raised from Malaysia’s equity capital markets are nearly seven times the level from a year earlier, recent fundraising exercises signal that the market has turned more cautious. Initial public offerings in Malaysia raised a combined $1.7 billion so far this year, based on data from bourse operator Bursa Malaysia. This was up sharply from […]

Japanese Yen (¥) Remains Low & Elusive

Japanese Yen (¥) Remains Low & Elusive

The Japanese yen continues to get hammered by its American counterpart in the European session, as dovish BOJ policy outcome combined as well as Governor Kuroda’s remarks during the press conference, continue to undermine the sentiment around the Yen. Technical Analysis USD/JPY failed earlier to hold above 112.00 and recently turned sharply to the downside after the ECB meeting and particularity following […]

Apple’s Straight Stock Gains

Apple’s Straight Stock Gains

Apple once again has claimed the top spot in global profits, according to Fortune’s annual ranking of U.S. companies shaping the world. Apple has created a major new executive role in China and appointed the head of its wireless technologies unit to run it, reporting to CEO Tim Cook as the technology giant struggles with falling […]

Facebook Inc. Bar Set Low

Facebook Inc. Bar Set Low

Facebook is set to unveil earnings on Wednesday, July 26th, top pick for S&P Global portfolio manager Erin Gibbs. The company has a strong history of surpassing analysts’ earnings estimates. Valuation has come down to reasonable levels, at 32 x (times) forward earnings, given the lowered growth estimate for the next 12 months. The estimate for […]

False Alarm With Amazon.com, Inc. Crash

False Alarm With Amazon.com, Inc. Crash

Incorrect stock data on the popular Google Finance, Yahoo Finance and Bloomberg sites appeared to be freaking out some investors Monday evening, after test data was apparently misinterpreted by third-party providers to those sites. As part of its normal process, the UTP distributed test data and certain third parties improperly propagated the data. Nasdaq is working […]

Indonesian Rupiah (IDR) 4.75 pct since October

Indonesian Rupiah (IDR) 4.75 pct since October

Benchmark rate has been 4.75 pct since October. Indonesia’s central bank is widely expected to leave its benchmark rate unchanged again on Thursday as it keeps focusing on two key factors: the inflation rate and U.S. monetary policy. Bank Indonesia (BI) halted an easing cycle in October last year after cutting its benchmark rate <IDCBRR=ECI> six times. Six […]

Australian Dollar (A$) Rising Strong Against US Dollar ($)

Australian Dollar (A$) Rising Strong Against US Dollar ($)

On Friday night the Australian dollar broke through US78 cents for the first time in more than two years. The Australian dollar appears Confident to rise to US80¢ soon. The reason for Friday’s surge was that American retail sales fell, against expectations of a rise, and the monthly CPI change was zero. Annual inflation remains mired at […]

Thai Baht (THB) Previous Gains Lost

Thai Baht (THB) Previous Gains Lost

USD/THB is currently trading around 33.64 marks Most Asian currencies edged up on Tuesday as the dollar came under renewed pressure, with the Thai baht hitting its strongest in more than two years and the won climbing to a 1-month high. Uncertainty over the pace of the Federal Reserve’s policy tightening and worries that President […]

Thai Baht (THB) Going Strong With Asia

Thai Baht (THB) Going Strong With Asia

The baht rose to 34.66 to the US dollar at one point Monday, its strongest level since early October. The US dollar has depreciated against all Asian currencies recently, which means Asian currencies have all risen broadly (appreciated) against the US dollar, just as the Thai baht has risen. Technical Analysis Overall, the bias in prices is: Downwards. Short […]

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

China’s yuan firms on stronger fixing, Q2 GDP data shrugged off China’s yuan, which has firmed against the U.S. dollar the past five sessions, strengthened again on Monday after the central bank lifted its official guidance for the Chinese currency’s midpoint to an 8-1/2 month high. The central parity rate of the Chinese currency renminbi, […]

China Mobile – More Profitable Than Netflix

China Mobile – More Profitable Than Netflix

Investing is all about comparing disparate assets with different risk/return profiles. Again, I will compare two such disparate assets, Netflix and China Mobile. As it turns out they share a similar ARPU, but everything else is worlds apart and not always favoring the obvious. At all times investing is about comparing disparate assets with separate […]

Netflix – Potential Market Underestimated

Netflix – Potential Market Underestimated

Internet television network Netflix (NFLX) received a price-target increase to its stock Thursday from investment bank Morgan Stanley, which thinks the market isn’t fully appreciating the company’s “potential for materially higher earnings power.” Netflix fell 0.3% to 158.21 on the stock market today. Netflix climbed above its 50-day moving average in a bullish sign on Wednesday. It has been forming a flat […]

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

Slightly better than expected wages and jobs data saved Britain’s pound from another downward lurch on Wednesday, offsetting a series of political and economic warning signs as talks on leaving the European Union get going. Amid the resulting falls in the pound, several of the Bank of England’s monetary policy panel members have stepped in […]

HSBC Stocks Overview – Ban On Staff Buying Stocks

HSBC Stocks Overview – Ban On Staff Buying Stocks

HSBC is said to ban staff buying stock, bonds on own account. HSBC Holdings Plc has instructed about 6,000 employees of its global markets division to cease buying single-name securities on their personal accounts. Purchases of single-name stocks, bonds and concentrated exchange-traded funds will be prohibited, Global Head of Markets Thibaut de Roux told staff […]

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights Macquarie Group, the world’s largest infrastructure manager, could be forced into a fire sale of ­assets as it comes under pressure from rising interest rates, big debts and stalled earnings, according to Citi. Despite booking a record $2.2 billion profit last year, Macquarie’s earnings have been coming under increasing […]

SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights SEEK Limited announced the successful refinancing of its syndicated loan facility and an increased limit of cA$910m (comprising A$550m and US$275m) from the previous limit of cA$880m. Increased and extended syndicated loan facility (“loan facility”) Multi-currency (AUD & USD) facility with tenors of two to four years Strong support from […]

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

The purchasing power of major trade partners and production restructuring to keep up with demand are having larger effects on exports than the baht’s movement. Also concerns that the baht’s persistent strength will stall the recovery of exports, which account for more than two-thirds of Thailand’s GDP. The baht has been among the best-performing currencies […]

Malaysian Ringgit (MYR) Indications For Solid Rebound

Malaysian Ringgit (MYR) Indications For Solid Rebound

Malaysian May trade figures continued to indicate towards a solid rebound. Exports in MYR terms rose sharply by 32 percent year-on-year while imports remained firm by rising 30 percent. Malaysia’s trade surplus alleviated slightly but stayed in healthy surplus territory. Elsewhere, the latest FX reserves for June rose slightly to USD 98.9 billion, enough to […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Updated Analysis

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Updated Analysis

Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.31. The projected lower bound is: 33.87. The projected closing price is: 34.09. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there […]

Australian Dollar (A$) Trapped

Australian Dollar (A$) Trapped

Investors had hoped that the Reserve Bank of Australia might have joined other developed-market monetary authorities in suggesting that higher interest rates were coming. In the event it didn’t. Instead it left the Official Cash Rate at its 1.50% record low and gave no hint that any changes were in the wind. In truth it was always […]

(AUDUSD) Australian Dollar Fall Continues – What Happens To The Economy Now?

(AUDUSD) Australian Dollar Fall Continues – What Happens To The Economy Now?

The Australian dollar is down against its US counterpart, back below 76 US cents even though the greenback has also fallen after a round of weaker-than-expected US employment data. At 0635 AEST on Friday, the Australian dollar was worth 75.84 US cents, down from 76.00 US cents on Thursday. Westpac’s Imre Speizer said comments by […]

Japanese Yen (¥) Unmoved By Huge Manufacturer Gains

Japanese Yen (¥) Unmoved By Huge Manufacturer Gains

The Japanese Yen was steady against the US Dollar Monday, despite a survey of big manufacturers which found them more cheerful than they’ve been for more than three years and seemed to underscore the Bank of Japan’s relative economic optimism. The official ‘tankan’ survey for this year’s second quarter showed large manufacturers’ sentiment at 17, its […]

Brexit Effecting The Euro – Theresa May To Remove EU Citizens From UK

Brexit Effecting The Euro – Theresa May To Remove EU Citizens From UK

The exchange rate has showed signs of recovery as it jumped to €1.138 today. It climbed from €1.133 yesterday and sits comfortably above a weekly low of €1.131. The pound has risen after Theresa May attended an EU summit dinner last night in Brussels. Despite the event remaining separate from the formal Brexit negotiations, there was one revelation from […]

Chinese Yuan (CN¥) Winning Streak Over

Chinese Yuan (CN¥) Winning Streak Over

China’s yuan weakened against the US dollar after a softer official fixing on Monday, snapping the currency’s four-day winning streak, while the launch of a bond trading scheme between China and Hong Kong had little impact on the market. The “Bond Connect” programme between China and Hong Kong kicked off on Monday, linking China’s US$9 […]

Indonesian Rupiah (IDR) Update

Indonesian Rupiah (IDR) Update

Bank Indonesia Governor Agus Martowardojo expects the Indonesian rupiah to depreciate to the range of IDR 13,400 – IDR 13,700 per US dollar in 2018. This is slightly weaker than the forecast for this year at the range of IDR 13,300 – IDR 13,600 per US dollar. Main reasons why the rupiah is estimated to […]

Thai Baht (THB) Too Strong

Two decades ago, Thailand became ground zero of the Asia financial crisis, when its government scrapped a dollar peg with the baht, a devaluation that unleashed a wave of speculative attacks on other regional currencies and shook the global economy. Now, the baht is again posing challenges for Thailand–but this time because it may be […]

Japanese Yen (¥) Missed Forecast

Japanese Yen (¥) Missed Forecast

Highlights The Yen edged up after supportive inflation, employment data BOJ target inflation gauge rose to the highest in over 2 years Labor-market figures pointing to robust pace of job creation Japanese retail sales missed forecasts for May One bright spot was that the run of annualized gains at least continues The Japanese Yen didn’t […]

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management (OTCMKT:AZSEY) Looks at the US & EU Markets $AZSEY In Q-1, it appeared that inflation in the US would indeed move up, as  the labor market continued to show signs of strength and job creation remained strong. Economic growth in Q-1 was weaker than FY forecasts, but financial markets have come to […]

A Falling Stock Market, A Easing USD That Brings Us Back to Gold

A Falling Stock Market, A Easing USD That Brings Us Back to Gold

A Falling Stock Market, A Easing USD: That Brings Us Back to Gold $GLD, $SLV, $ABX, $GG, $EXCFF, $WPM As the USD falls from the Fed’s continuation of loose money policies, it will lift up Gold prices to unprecedented highs. Plus, recessions are a great environment for Gold During the last 2 recessions, Gold prices […]

Hong Kong Dollar (HK$) ⇨ US Dollar ($)(HKDUSD) Chinese Economy Pushing Breaking Point

Hong Kong Dollar (HK$) ⇨ US Dollar ($)(HKDUSD) Chinese Economy Pushing Breaking Point

Hong Kong Dollar (HK$) ⇨ US Dollar ($)(HKDUSD) Chinese Economy Pushing Breaking Point HKD peg has been broken from flows of money into HK. Chinese economy pushing breaking point with exodus of funds. Interest rates in HK and CN diverging. A flood of Chinese bankers is changing the social fabric of Hong Kong, as they […]

Brexit Begins – GBP/USD weakens as UK and EU set out opening positions

Brexit Begins – GBP/USD weakens as UK and EU set out opening positions

The start of official Brexit negotiations is keeping the pound on soft form today, with GBP/USD stuck at opening levels of US$1.277. Tenreyro replaces Kristin Forbes, a notable hawk who has voted in favour of raising interest rates for several meetings now, so investors are keen to find clues that will indicate if Tenreyro is […]

Malaysian Ringgit (MYR) Falls Against US Dollar ($)(MYRUSD)

Malaysian Ringgit (MYR) Falls Against US Dollar ($)(MYRUSD)

Foreign investors are still underrepresented in Malaysia’s (EWM) bond and equity markets. With foreign inflows into emerging markets at 2006 peaks and predicted to touch $970 billion this year, Malaysia has immense potential for growth. “Foreign ownership in Malaysia’s equity and bond markets is still relatively low compared to historical levels. Bursa Malaysia’s benchmark index is still 100 […]

Singapore Dollar (SGD) Closes Under The US Dollar ($)(SGDUSD)

Singapore Dollar (SGD) Closes Under The US Dollar ($)(SGDUSD)

The declining crude oil prices has affected the local currency, as crude oil is one of Malaysia’s main exports.  City Developments spiked 2.54 percent, while Golden Agri-Resources jumped 1.37 percent, United Overseas Bank climbed 1.18 percent, SembCorp Industries advanced 0.98 percent, Yangzijiang Shipbuilding perked 0.83 percent, DBS Group collected 0.73 percent, Global Logistic Properties added […]

Euro (€) ⇨ US Dollar ($)(EURUSD)

Euro (€) ⇨ US Dollar ($)(EURUSD)

Full Review On Brexit Talks Here + GBP Analyst Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.14. The projected lower bound is: 1.11. The projected closing price is: 1.12. Candlesticks A white body occurred (because prices closed higher than they […]

CN¥ Firmed Against US Dollar – crackdown on illegal sales

CN¥ Firmed Against US Dollar – crackdown on illegal sales

  China’s yuan firmed against the dollar on Monday, supported by a stronger midpoint fix and as data pointed to more balanced supply and demand in the forex market amid Beijing’s tougher crackdown on illegal capital outflows. Traders expect more volatility for the yuan in coming months, however, amid mounting expectations that the greenback could […]

Investment Strategist Warns, “Stay away from Bitcoin…”

Investment Strategist Warns, “Stay away from Bitcoin…”

Investment Strategist Warns, “Stay away from Bitcoin…” $BTCUSD The price of Bitcoin has risen by 210% since March to over $2,900… and one of the world’s most successful investment strategists is warning investors to stay away. Speaking at the Mauldin Economics’ Strategic Investment Conference, Raoul Pal said Bitcoin’s explosion upward is mania. Bitcoin Is a […]

Quick Profits On The Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD)

Quick Profits On The Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD)

China’s yuan firmed slightly against the US dollar ahead of possibly tighter monetary policy at home if US interest rates rise this week. The market has turned its focus to the Federal Reserve’s two-day policy meeting that starts later on, speculating that a hike in rates there will have a spillover effect on domestic money […]

President Trump and The Economy of Mass Prosperity

President Trump and The Economy of Mass Prosperity

President Trump and The Economy of Mass Prosperity The next phase of Capitalism is coming, if its evolution is allowed After proposing $1 trillion investment into infrastructure, the Trump administration is harnessing the brainpower of renowned experts to unlock the insoluble problem of how many jobs will be created for each billion dollars of spending. […]

Some Key Rules When Trading the Markets

Some Key Rules When Trading the Markets

Some Key Rules When Trading the Markets $DIA,  $SPY,  $QQQ,  $VXX “The investor’s chief problem, and even his worst enemy, is likely to be himself.” – Benjamin Graham Below is a list of the Key stock trading rules when the markets are trading at highs, they are not new. Successful investor use them daily,  the […]

China – Clean Energy Expo

China – Clean Energy Expo

China – Clean Energy Expo The 3rd China-CEEC Investment and Trade Expo (China-CEEC Expo) will be held in Ningbo, Zhejiang province from June 8 to 12, along with the 19th China Zhejiang Investment & Trade Symposium and the 16th China International Consumer Goods Fair. The first comprehensive exposition themed on investment and trade between China […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Banks Worried – Strong Baht

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Banks Worried – Strong Baht Highlights The baht traded at 34.12 per dollar on Monday, after reaching 34.04 on Friday, its highest in more than 22 months. The Bank of Thailand remains worried about a strong baht and short-term capital inflows Overall, the bias in prices is: […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.89. The projected upper bound is: 6.87. The projected lower bound is: 6.83. The projected closing […]

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) Highlights + Technical Analysis

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) Highlights + Technical Analysis

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) Highlights + Technical Analysis Highlights on Hong Kong Beijing’s point man on Hong Kong affairs, Zhang Dejiang, appears to be signalling a harder line on how the city should be governed Agency cites the impact of China’s worsening debt outlook, but Chinese yuan rebounds in Shanghai, […]

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Breaking Down

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Breaking Down

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Breaking Down Data for the Australian Dollar The main release for the Australian Dollar is April Retail Sales out on Thursday, June 01 at 2.30 BST. Recent lower-than-expected Consumer Confidence data warns of downside risks to retail sales. The market is expecting a rise of 0.3% from […]

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) GDP Exceeds Expectations

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) GDP Exceeds Expectations

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) GDP Exceeds Expectations Hong Kong’s economy grew by 0.7% quarter/quarter in Q1, beating the median forecast of analysts. It grew by 4.3% year/year, also above expectations. Hong Kong’s economy grew faster than expected in the first three months of 2017, with GDP expanding by 0.7% quarter/quarter, […]

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker   Donald Trump, Donald Tusk, and Jean-Claude Juncker’s Meeting President Donald Trump might have once supported the British decision to leave the European Union, but he is now seemingly worried about the impact of Brexit for U.S. […]

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Weak Against US Counterpart

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Weak Against US Counterpart

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Weak Against US Counterpart Australian dollar is sharply lower against its US counterpart as the oil price plunges five per cent and the US dollar rebounds. At 0635 AEST on Friday, the Australian dollar was worth 74.53 US cents, down from 74.91 US cents on Thursday. Westpac’s Imre […]

Japanese Yen (¥) ⇨ US Dollar ($)(JPYUSD) Japanese Inflation To Come

Japanese Yen (¥) ⇨ US Dollar ($)(JPYUSD) Japanese Inflation To Come

Japanese Yen (¥) ⇨ US Dollar ($)(JPYUSD) Japanese Inflation To Come Yen Edges Lower as US Jobless Claims Beat Expectations, Japanese Inflation  Next USD/JPY has posted slight gains in the Thursday session. In North American trade, the pair is trading just below the 112 level. On the release front, US unemployment claims edged up to […]

Indonesian Rupiah (IDR) ⇨ US Dollar ($)(IDRUSD) Latest Update

Indonesian Rupiah (IDR) ⇨ US Dollar ($)(IDRUSD) Latest Update

Indonesian Rupiah (IDR) ⇨ US Dollar ($)(IDRUSD) Latest Update Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 13,325.84. The projected upper bound is: 13,345.64. The projected lower bound is: 13,240.44. The projected closing price is: 13,293.04. […]

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Latest Technical Update

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Latest Technical Update

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Latest Technical Update Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.75. The projected lower bound is: 0.73. The projected closing price is: 0.74. Candlesticks A black body occurred (because prices closed lower than […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update   Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 34.60. The projected upper bound is: 34.28. The projected lower bound is: 33.75. The projected closing price is: […]

Malaysian Ringgit (MYR) ⇨ US Dollar ($)(MYRUSD) Latest Update

Malaysian Ringgit (MYR) ⇨ US Dollar ($)(MYRUSD) Latest Update

Malaysian Ringgit (MYR) ⇨ US Dollar ($)(MYRUSD) Latest Update Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.35. The projected upper bound is: 4.29. The projected lower bound is: 4.24. The projected closing price is: 4.26. […]

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May TRUMP’s Opinion EU’s Donald Tusk says Trump agrees Brexit is ‘an incident not a trend’. The president of the European council, Donald Tusk, has claimed he convinced Donald Trump that Brexit is an “incident not a trend” and that the […]

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester Europe and Brexit Europe was predicted to be in a position of uncertainty should Britain leave the EU, with other countries at risk of following them. However, the recent election in France assuaged a lot of global fears around this. Had right-wing candidate Marine […]

Hong Kong Dollar Currency Derailing City Stocks – Investors Panic

Hong Kong Dollar Currency Derailing City Stocks – Investors Panic

The currency moving out of the HK$7.755 to HK$7.77 range that it spent most of 2016 within is unnerving investors. The Federal Reserve is playing havoc with the Hong Kong dollar — and the stock market could be next. The Hong Kong dollar is within 0.2 percent of HK$7.80 per U.S. dollar, a level that […]