Morning Insights 24th November

Instrument: USDCADThe greenback has benefitted immensely from the expectations that the Fed would adopt a more aggressive policy response to control the high inflationary pressures in the United State...

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Simon Alagbe


Morning Insights 22nd November

Instrument: AUDUSDThe Greenback continued its recent surge against the Aussie on Friday as investors sought after safe havens after news broke from major economies in Europe that they could reimpose f...

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Simon Alagbe


Morning Insights 17th November

Instrument: USDJPYThe release of better than expected economic data boosted the greenback in yesterday's session. Core Retail Sales and Retail Sales Data released by Census Bureau showed a positive ch...

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Simon Alagbe


Morning Insights 15th October

Instrument: GOLDsThe Precious metal ended the week higher on Friday to continue its recent resurgence. I expect the yellow metal to react to the statement of Neel Kashkari, the President of the Bank o...

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Simon Alagbe


Morning Insights 10th November

Instrument: EURGBPThe common currency traded slightly higher against the Cable in yesterday's session after a 2 days retracement from around the 0.85913 resistance zone. The Cable lost some ground aft...

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Simon Alagbe


Morning Insights 8th November

Instrument: GOLDsThe precious market hit a height last attained two months ago after the greenback retreated despite positive job data released last week. Bureau of Labor Statistics reported that 531,...

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Simon Alagbe


Morning Insights 1st November

Instrument: DAXThe Index gaped up on opening for this week as positive corporate earnings reports of the previous week supported bullish sentiment. The general market condition became stabilised by th...

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Simon Alagbe


Morning Insights 27th October

Instrument: USDJPYThe pair gained positive traction in the session yesterday, continuing the rebound after shedding some gains in the latter part of last week. The release of impressive economic data ...

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Simon Alagbe


Morning Insights 26th October

EURAUDThe Aussie continues its strong bullish move against the major currencies as the dominant risk-on mood in the market boosted the currency. The recent spike in prices of the commodity has been a ...

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Simon Alagbe


Morning Insights 15th October

Instrument: EURAUDThe pair cemented its bearish momentum in the session yesterday buoyed by the dovish stance of the President of the European Central Bank, Christine Lagarde. “Lagarde said that whi...

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Simon Alagbe

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