Month: December 2018

Try Your Hand At Trading In The New Year


Now that the New Year is just around the corner, it is time to start thinking of what we want to achieve in 2019 and what our resolutions will be. Many people take the opportunity in the New Year to learn a new skill or start a brand new career path, and Forex Trading could be the ideal way for you to build financial skills and confidence and to allow you to grow your own business in the New Year. Here are some of our simple steps to follow if you...

read more

ALPHA Market Update 21 December 2018


Market Update       United Kingdom GBPUSD has been consolidating successfully between 1.26 and 1.269 in the past 24 hours, relatively unaffected by data releases, including GDP, retail sales, BOE announcements and inflation data. The BOE has said that Brexit uncertainty is intensifying considerably, and they scale back growth forecasts for the future and gave no indication as to whether they would increase the rate...

read more

ALPHA Market Update 20 December 2018


Market Update       United Kingdom GBPUSD stays just below the range of 1.27, helped by a weak USD following the dovish fed event and some very strong retail sales data coming out of the UK this morning, all month on month and year on year data for November are higher than expected in the lead up to Christmas. However this seems relatively unimportant in the grand scheme of things, but it is positive. Europe ...

read more

ALPHA Market Update 19 December 2018


Market Update       United Kingdom The UK is expected to be overtaken by India in 2019 in the rankings of IMF world largest economies. This is measured in dollar terms and is affected by Brexit turmoil and a weaker currency. We are 100 days away from the Brexit day; the EU has come up with a package of proposals to reduce the problems involved with a no deal Brexit. There are 14 legal acts which encourage continuity...

read more

ALPHA Market Update 18 December 2018


Market Update       United Kingdom GBPUSD is still trading above 1.26, USD is weakening significantly against other pairs like EURUSD but the upside for GBPUSD is notably lacking. With the MPs about to take their time off for Christmas, we are going to see the Brexit parliamentary vote in mid-January, leaving very little time for any turnaround in the event of a no deal, or even if the deal goes through. her apparent...

read more

ALPHA Market Update 17 December 2018


Market Update       United States NY Empire State Manufacturing Index will be released at 13:30 TIC Net Long-Term Transactions data will be published at 21:00 The S&P 500 closed down 1.91%, hitting a new low since April 2. The Dow Jones fell 2.02%. The NASDAQ fell 2.26%. United Kingdom GBPUSD is consolidating around the 1.26 marker at the start of this week. Theresa May won her leadership...

read more

ALPHA Market Update 14 December 2018


Market Update     United States Core Retail Sales data will be published at 13:30 Industrial Production and Manufacturing PMI will be issued at 14:15 and 14:45 respectively The S&P 500 closed down 0.02%. Dow Jones rose 0.29%. The NASDAQ fell 0.39% United Kingdom May looks likely to survive the vote, with one betting company quoting odds of 1/2 that she will remain in power. She has largely retained the...

read more

ALPHA Market Update 13 December 2018


Market Update       United States Export Price Index, Import Price Index and Initial Jobless Claims data will be announced at 13:30 Federal Budget Balance data will be released at 19:00 US CPI increased by 2.2% month-on-month in November, but it’s the lowest since January this year. In an exclusive interview with Reuters, US President Trump said that if the Fed raises interest rates at next week's meeting,...

read more

ALPHA Market Update 11 December 2018


Market Update       United States PPI data will be announced at 13:30 Goldman Sachs changed its expectation that the Fed is expected to raise interest rates by less than 50% in March next year. A severe snowstorm occurred in the southeastern United States: 1,700 flights were cancelled and nearly 500,000 people suffered major blackouts United Kingdom GBPUSD price is more stable Tuesday after Monday’s...

read more

ALPHA Market Update 04 December 2018


Market Update       United States US November ISM manufacturing index stopped falling for two consecutive months, rebounded after hitting a half-year bottom in October Fed Vice Chairman Clarida said that the current US economic outlook is solid and the Fed's policy framework is working well, but the upcoming assessment may suggest some "improved" approaches. On the same day, Federal Reserve Governor Brainard said...

read more