Trading projections for May 10-14
Week of annual market highs and lows await us next week. The bad American data finally revealed the final direction of the dollar. Economists expect to see job creation on the rise as more Americans get vaccinated and the economy picks up. The reality is that with government aid bonds the average American finds little […]
Employment in the US, NFP data.
On Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. In recent weeks, the levels of these months have evolved positively, generating more optimism in the markets. The NFP for February and March showed a positive variation in the number of non-farm employees. The relevance of the data is […]
Don’t let the tree cover the forest
Much has been written and said about keeping goals clear and always in sight to achieve them, about not forgetting where you are going when you do something. The same applies to trading and there is nothing wrong with this, but sometimes the trader, correctly visualizing what he wants to achieve, takes attention away from […]
European Economic Overview, PMI data.
This week closes with the PMI data for the European countries France and Germany. The indicator will report on the state of the European economies for the last month. This is contextualized after the meeting and the press conference of the European Central Bank and the review of its monetary policy. Christine Lagarde of the […]
High Impact Trading Week April 19-23
Wednesday 11:00 am ET the Canadian interest rate is published, this data will mainly impact upward on the Canadian dollar in fundamental terms. The market could discount the information from the open on Monday and have a downward impact on the dollar. Thursday 8:45 am ET is the turn to update the interest rates of […]
Tensions between the US and Russia are increasing
In recent hours, tensions have increased as the Biden Administration imposed new sanctions on the Kremlin. After a low-impact conversation for the bond, in which even a possible summit meeting between the parties was taken into account, the week ends with new complications. The motive for the measures taken by the Biden administration was guided […]
¿Balanced Trader Or Mechanical Trader?
The emotional spectrum of the trader could be defined with a scale between absolutely conservative and shy – to the point of paralysis – and extremely aggressive and excessive. Neither extreme will allow a trader to be profitable in the medium term. This spectrum varies according to each person but curiously it also varies according […]
Australian Interest Rate, FOMC and Canadian Employment This Week
At 1:30 am on Tuesday we start with the Australian interest rate. A maintenance of 10 basis points is expected. The main AUDUSD crossover will finally have a winner in the 0.76 zone. We maintain a preference over buyers for this event. Wednesday 3:00 pm Eastern we continue with the FOMC meeting. The expectation for […]