Category Archive: Finance
EUR/USD And GBP/USD Forecast For March 18, 2016
EUR/USD The EUR/USD pair broke higher during the course of the session on Thursday, as we continue to see quite a bit of bullishness in this pair. We initially pulled back to the 1.1050 level below, and as a result we found buyers step into this market. This is especially true considering that the Federal […]
Is Fintech The Next Hot SPAC Market?
Written by Amy Cortese The name said it all. FinTech Acquisition Corp., a $100 million special purpose acquisition company, or SPAC, was created last year by banking executives to acquire a company in the booming financial tech space. And on March 9 it did just that, snagging CardConnect, a Pennsylvania-based payments processor, for $350 million in cash […]
Which Financial Sites Are Being Blocked In China?
By Lorimer Wilson Why should I have been concerned about whether or not my site was one of those being censored by the authorities there? Well, I spent amonth in China travelling extensively throughout the country to get an on-the-ground first hand and in-depth understanding as to the health of its current economy and its prospects for […]
Federal Reserve Leaves Interest Rate On Hold
In December 2015, the US Federal Reserve ended its policy of a near zero interest rate which had been in place for seven years, marking the first hike in interest rates in nearly a decade (June 2006). The decision to start the process of “normalising” interest rates had been long awaited and anticipated ever since […]
Is The USD Rally Over For Good Or Over For Now? – SocGen
The Fed took the extreme dovish path, hitting the dollar hard. Is this is an even more significant change? The team at SocGen weighs in: Here is their view, courtesy of eFXnews: The term ‘Currency Wars’ was used by Brazil’s erstwhile Finance Minister, Guido Mantega, in September 2010 in response to moves by some (Asian) countries […]
A Bear Market Rally?
Mixed markets often lead to a debate over the primary trend. Bearish pundits insist: This is just a bear market rally.It can be sharp and strong, but overall conditions are still bearish. Bullish pundits suggest the opposite: There is a strong bullish trend.Some dips occur, but these are merely buying opportunities. Both traders and investors […]
Binary Options Trading Opportunities – March 18, 2016
During the day on Friday, we had several announcements but nothing that is a huge concern. Because of this, we believe that the market will be very technically driven. Silver looking to break out Silver markets had a very strong session during the day on Thursday, cracking above the $15.80 level. Because of this, we […]
Bulls: Nothing Can Stop Us
To my thinking once again, the best bulls can do is take us back to the ugly and unproductive trading range of 2015 & early 2016. Savant, I am not. I adhere to the philosophy of economist Edgar Fielder who stated: “If you must forecast, forecast often”. There is no economic data or earnings to […]
Fed ‘Downgrade’ Sends Stocks To Largest Quarterly Comeback…Ever
It’s easy… But, before we start, some context for just how different it is this time… if The Dow is able to hold this gain through the end of the quarter, it will be the largest quarterly comeback in the history of stocks… And all it took was the four largest central banks in the world […]
