Trump administration assembled a USD1.2 trillion federal emergency fiscal package that includes sending money directly to Americans. This would temporary boost dollar due to the support offered to...
Market sees no short-term solution to combat the virus, short USD/JPY at peak
Following European Central Bank (ECB) President Lagarde’s dovish comments yesterday that the impact of COVID-19 could be as bad as the 2008 crisis, we believe ECB may dish out stimulus to support the...
With the World Health Organisation declaring the COVID-19 situation a pandemic and major central banks cutting rates, the sell-down may be far from over. Dow could fall further.
Sterling losses were erased almost immediately after optimism from the fiscal support Bank of England is going to provide. It would be better to stay at the side lines for now.
It goes without saying that to succeed as an entrepreneur, you must be willing to put in the time and effort. But making it as an entrepreneur is no longer restricted to making profits; a more well-...
With the market moving into bear territory, even with a strong NFP data, the market might dismiss it as it doesn’t the true impact of COVID-19. Short USD/JPY?
With both Fed and Bank of Canada cutting rates by 50bps, the rest of the major central banks may start to follow. Long XAU/USD?
RBA’s statement has made it clear that they are ready to continue their easing cycle if the COVID-19 situation does not improve. Short AUD/JPY?
Market sentiment may reach a short-period’s bottom, long USD/JPY at dip
As the coronavirus pandemic worsens in Europe and the US, investors are panic selling and finally realising the impact. Buy gold at dip?
Aussie dollar may not have bottomed yet as production capacity in China remains low
With uncertainties weighing on the global economy, long gold at dip.
With the number of coronavirus cases increasing and the slowdown in the euozone’s economy, it may be too early to call for a bottoming of EUR/USD. EUR/USD can still move lower.
Despite the bullish comments from RBNZ, the fear of coronavirus impacting the economy will keep investors cautious. Short NZD/USD?
It’s the new year and you’ve finally made up your mind to make bigger financial goals. How do you set yourself up for financial success? Here are some smart goals for 2020 we think will pay dividends.
As uncertainties continue to weigh on global economy, short Aussie at rally.
With ADP employment change doubling and jobless claims falling, we could expect a healthy NFP data though the gains should be modest. Short EUR/USD?
With risk-off mode expected to stay, buy safe-havens like gold and yen.
With more MPC members expected to vote for a rate cut tonight due to weaker UK’s growth in general, we could expect dovish sentiments from Governor Carney. GBP/JPY could slide further.
