FOMC meeting: Big step towards hike?

I expect the tone of the Federal Reserve to become more hawkish and announce a more rapid transition away from the former description of inflation as being "transitory" and this could set the pace for...

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Simon Alagbe


Morning Insights 8th December

 Instrument: EURUSDThe pair got rejected from the 1.2228 support zone in yesterday's session after the greenback surrendered some of its early morning gains but closed bearish. The dollar index t...

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Simon Alagbe


Morning Insights 29th November

Instrument: EURJPYThe safe-haven yen traded on the front foot as risk aversion weighs on sentiment as the pair surges southward.  The resurgence of Coronavirus concerns around the world, especial...

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Simon Alagbe


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

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