USD Debt Ceiling Agreement Close

USD Debt Ceiling Agreement Close

Last week was dominated by the continued talk over the debt ceiling and how to break the current impasse. However, Friday we began to see signs that an agreement was close and the market moved to add risk. It is inevitable that an agreement will be reached as the...
USD Debt Ceiling Agreement Close

USD Momentum Slows as Debt Ceiling Talks Continue

Last week all eyes were on the Greenback and if it could continue its strong run. The week ended with just that although it did give up some gains by later in the week. The DXY closed 0.5% higher around the 103.20 level. The main driver as we move towards the end of...
Data Mining Shapes the New Age of Trading

Data Mining Shapes the New Age of Trading

The Impact of Data Mining in Trading Data mining, a process that uncovers meaningful patterns and correlations within large databases, has become an indispensable tool in the trading arena. It holds numerous advantages over traditional manual trading, revolutionizing...
USD Strong All Week & Debt Ceiling Worries Creep In

USD Strong All Week & Debt Ceiling Worries Creep In

Last week we had BoE interest rate decision which unsurprisingly moved 25bps higher and continued to deliver a mildly hawkish tone. The main theme was the strong dollar which gained against all major currencies. It seemed that USD shorts eventually got squeezed as DXY...