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FX Trading: Positive FED Minutes Strengthen US Dollar

Apr 13th, 2012
by James White.
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The US economy delivered good enough statistics during the first four days of the week to reassure FX spread trading investors that the recovery was moving ahead just fine.

Purchasing managers’ index readings for the manufacturing and services sectors once again led the world and factory orders scored a monthly increase.

Jobs growth slowed in March, with just 120k employees added to non-farm payrolls but the news came out on Friday, when most of the world was on holiday.

The biggest boost to the dollar came from the minutes of the Federal Reserve’s March policy meeting.

Investors were surprised and delighted to see that the Fed is moving further away from the idea of an extension to its quantitative easing programme.

Friday’s weaker payrolls number slightly spoiled the effect but investors are less worried than previously about the Fed flooding the world with newly-printed dollars.

By MoneyCorp.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

New Financial Spreads Charts

Apr 9th, 2012
by James White.
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Financial Spreads, the UK based CFD and Financial Spread Trading company, has upgraded their trading charts.

Financial Spreads offers more than 2,500 financial markets and clients have always been able to access charts for each individual market. Clients could also add a range of technical indicators and view the charts across a number of different time periods from 1, 2, 3, 5 and 10 minute charts for day traders to daily and weekly charts for investors taking a longer term view.

According to Adam Jepsen, spokesman for Financial Spreads, the new spread trading and CFD charts are a significant improvement on the previous offering.

“We still provide charts for every single market and, in addition to all the standard features an investor would expect from market leading charting software, we are also offering features such as back testing tools and price alerts for when markets hit certain levels”.

The range of new features includes:

  • Back Testing tools
  • Alerts for when the markets hit a user defined level
  • A longer history for shorter time periods
  • More price display options
  • More indicators
  • More time periods such as 2 hour, 4 hour and monthly charts
  • More drawing features such as Fibonacci times zones, fans and arcs

“We’re very happy to be able to offer our clients these professional level charts and, best of all, they remain free for all Financial Spreads clients,” added Jepsen.

Whilst the new charts are user friendly, the company has also added a range of video tutorials to www.FinancialSpreads.com. The video tutorials cover all the basic charting features such as drawing, zooming and adding/removing indicators, however they also cover how to use the price alerts and back testing.

Before trading, please note that CFD trading and financial spread trading are leveraged and therefore carry a high level of risk to your capital.

These products may not be suitable for all investors. With CFD treading and financial spread trading it is possible to lose more than your initial investment and therefore you should only trade with funds that you can afford to lose. Ensure you fully understand the risks and, where necessary, seek independent financial advice.

Asian Gains and EU Progress to Help Financial Spread Trading Markets Higher

Mar 2nd, 2012
by James White.
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Gains in Asian markets overnight and progress at the latest EU summit may support financial spread trading markets today, although volume is expected to be relatively mild given the scarce economic data scheduled.

An agreement to expedite payments into the bailout fund is also a positive for the euro and risk assets in general as it shows EU leaders are finally being proactive in combating the debt crisis.

European banks have been recommended to ‘overweight’ by Goldman Sachs which is having a positive impact of banks this morning although not enough to keep the FTSE in the black.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

GBP/AUD Spreads Rally Toward All Time Highs Despite Poor Retail Data

Feb 23rd, 2012
by James White.
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Australia is the highest yielding AAA sovereign in the world. With a debt/GDP ratio less than 25%, its bonds are highly sought-after by international spread trading investors.

And, as central bank officials reiterated only last week, the resource boom will require over $100bn of inward investment over the next two years.

Setting appropriate interest rates against this background is no easy feat, however. Western Australia might well require significantly higher rates, but manufacturing and retail industries are suffering as a result of currency strength.

Tourism, too, is being hit hard as any visitor from the UK, receiving less than $1.47 for his or her pound, will painfully testify!

For all the good news, the Australian dollar looks stretched on most valuation criteria.

Commodity prices, interest rate differentials and risk appetite are certainly supportive – but the air is getting a little thin as it again approaches all-time highs.

By MoneyCorp.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

Spread Trading Markets Struggle on Mixed Sentiment to Chinese PMI

Feb 1st, 2012
by James White.
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Mixed feelings about China’s manufacturing data has led to a slow start this morning in financial spread trading markets.

Although the official manufacturing figure improved slightly for a second consecutive month, some observers now expect the central bank to hold off any further stimulus for the economy.

At present the spread trading markets need a boost from somewhere.

Weak US data yesterday and Greece’s troubles hitting the headlines once again seems to have prevented the Federal Reserve’s extension of near zero interest rates through to the end of 2014 from having it’s full effects on equities.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

USD Spread Trading Markets Fall as Gold and Crude Rise on Fed Comments

Jan 26th, 2012
by James White.
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Optimism fails to recede from markets once again this morning, with European risk assets buoyed by investors’ belief that the US Fed stands ready to print should macroeconomic headwinds require.

This synthetic cornering of cash into higher-yielding assets by governmental institutions tends to attract much criticism, as the use of leverage by participants in search of a greater return can potentially create again those asset bubbles that require government support when burst.

But if the spread trading markets back the Fed, and capital not yet employed participates, then the start to this year seen so far might be just the beginning and become viewed as cheap in hindsight.

Gold continued in strength last night, trading higher than $1,710 per oz., and light crude toyed with $100 per barrel once again, with the dollar falling in sympathy.

Eyes will turn to US core durable goods orders and unemployment claims due for release at 13.30 GMT, and new home sales at 15.00.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

EUR/USD Spread Trading Market Strengthened by Successful Spanish and EFSF Bond Auctions

Jan 18th, 2012
by James White.
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The chances of a “soft landing” in China seemed more likely yesterday, pushing Eurozone doubts to one side much to Euro ministers’ relief.

EUR/USD strengthened and European debt yields fell giving some much needed respite to the debt stricken countries within the Eurozone.

Successful auctions for both Spanish and EFSF debt also spurred confidence, however Chinas economy grew at its slowest pace for 2 and a half years in Q4 2011.

With the Chinese economy becoming ever more important, especially as countries are relying on Chinese demand for their own growth, any sign of their economy faltering will be taken very seriously.

The World bank warned India and China this morning to expect a global slowdown.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

This BillionforGovernor.com is only intended for those persons of 18 years of age or older.

Forex Spread Trading Investors Buy US Dollar on the Back of Positive Data

Jan 13th, 2012
by James White.
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After the dozy holiday fortnight, the dollar re-established itself as the currency least likely to collapse.

Forex spread trading investors unwilling to put their faith in the euro sought the safety of the dollar or the Japanese yen. There was little to choose between the two.

There also seemed to be a change of heart about the implications of stronger US economic data.

In recent months there has been a tendency to treat positive figures as dollar-negative. Simply put, if the American economy is doing well, there is no need to worry about the global economy and therefore no need to seek the shelter of the safe-haven currencies.

When Friday’s employment report showed a 200k increase in non-farm payrolls, together with a fall in the unemployment rate from 8.7% to 8.5%, investors’ reaction was to buy the dollar, just as they would have done in the olden days.

By MoneyCorp.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

Index Spread Trading: IMF Receives 200bn Euros to Help Fund EU

Dec 9th, 2011
by James White.
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European leaders failed to agree to change the EU’s treaties last night, causing a new inter-governmental treaty to be negotiated, but only among 23 member states.

Getting backing from all 27 countries however was a far fetched idea, especially with Britain’s stance.

Although an agreement has started, it is still unclear how these new fiscal rules will be enforced without the backing of all 27 member states.

Some short term efforts have been made to send some reassurance to the index spread trading markets, with 200 Billion euro’s in new EU Funding being sent to the IMF to help countries struggling to deal with the growing lack of liquidity in bond markets.

So it seems we find ourselves in a very familiar situation regarding the EU, one of uncertainty.

Everyone’s attention today will be on developments coming out of Brussels as leaders battle on towards an agreement.

Article by Spreadex.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

BillionforGovernor.com is only intended for those persons of 18 years of age or older.

Rally in Canadian Dollar Spreads Curbed by Disappointing Employment Data

Dec 7th, 2011
by James White.
No comments yet

The Loonie followed a path midway between the antipodean dollars and the American one, gaining the best part of two cents against sterling on the week.

It found useful support on Wednesday, after the figures for economic growth in the third quarter came out. Gross domestic product expanded by an annualised 3.5% in Q3, equivalent to quarter-on-quarter growth of nearly 0.9%.

It meant that Canada’s economy grew at more than four times the pace of Euroland (0.2%) and appreciably faster than Britain (0.5%) and the States (0.6%).

Friday’s employment numbers were less helpful. Although the number of people in full-time jobs went up by 34.6k, the number of part-time jobs was down by -53.3k in November. The net loss of nearly 19k jobs was wildly adrift from the expected 20k increase and pushed the unemployment rate up from 7.3% to 7.4%.

The news didn’t particularly hurt the Canadian dollar spreads, but brought to an end the uptrend it had enjoyed for the previous four days.

By MoneyCorp.

CFDs, Forex and Financial Spread Trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. These forms of trading may not be suitable for everyone so please ensure you fully understand the risks involved. Where necessary, seek independent financial advice.

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