The European Central Bank has approved a stimulus package. Although it was expected, the market reacted sharply with a significant drop on EURUSD. The SimpleFX traders…
Month: September 2019
Today the European Central Bank governing council meets to make the most important decision in the eight-year tenure of president Mario Draghi eight-year tenure as the…
The global economy may be on the verge of the recession that will end the 10-year long prosperity that started after the biggest financial crash in…
After two decades, the Richest Man in China and most showy tech founder, Jack Ma, is stepping down from Alibaba, his $460 billion empires. How will…
The S&P 500 finished a 2,978 on Friday after it had nudged about 1% above its trading range of August. The index equally closed at 2,980…
Currency hedge funds need much more volatility than day traders. While individual forex traders with high margin have been successful, institutional currency hedge funds didn’t perform…
The US Services sector experienced an acceleration in August, as well as a boost in private employment generation, leading to a rise in employment. This is…
If you can spot a trend reversal you will become a very successful margin trader. That’s what’s it all about. Let’s begin with what a reversal…
People’s Bank of China (PBoC) hopes that once they launch their digital currency, Facebook’s Libra will take a back seat. Behind closed doors in a Digital…
Tuesday night was a political frenzy in the UK. A vote by opposition joined by rebel Tories stopped in his tracks Boris Johnson’s pursue fora no-deal…