CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Category: Daily Morning Forex Reports & Trading Analysis

Daily Morning Forex Reports & Trading Analysis
Richard Perry

Can equities hold up amidst renewed negative risk appetite across markets?

Market Overview The momentum of positive sentiment arising from the enormous $2 trillion support package agreed in Congress last week has already begun to wane. With renewed selling pressure, the nascent recovery of risk appetite is already being tested. Focus has turned back to the continued worsening of the spread

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Risk negative bias threatens the nascent recovery with jobless claims eyed

Market Overview The US Senate has passed the massive $2 trillion stimulus bill aimed at mitigating the negative economic impact of the Coronavirus. Now the bill will move to the House of Representatives on Friday, with the bill expected to pass fairly comfortably. However, the positive sentiment arising from the

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Congress agrees to massive $2 trillion pack of support, but is it enough?

Market Overview After days of negotiation, Congressional leaders and the White House have seemingly agreed to the delivery of a fiscal relief package of $2 trillion to help the US economy through the biggest economic shock since the 2008 financial crisis. Markets were quick to respond to the prospect of

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

A risk rally on open-ended easing commitment from the Fed, but will it last?

Market Overview Central banks and governments are coming out with measures to mitigate the economic impact of the Coronavirus. The commitment for ever easier monetary policy was cranked up several notches by the Federal Reserve yesterday on a pledge to expand its balance sheet as much as is necessary (rather

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

US dollar rises like a colossus in a sea of carnage for major markets

Market Overview And still the central bank monetary easing measures continue to come. After the remarkable shunning of an opportunity to act last week, the ECB has stepped up with an emergency €750bn of asset purchases. “The Governing Council will do everything necessary within its mandate”. The Reserve Bank of

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Tentative signs of a recovery but can it be sustainable?

Market Overview There have been several false dawns of recovery in the past couple of weeks and once more as European traders sit at their (home) desks this will be the issue they face. After gargantuan selling pressure yesterday (yes we are going through the Thesaurus now), there is another

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Trump’s lack of preparedness fuels renewed selling, focus on ECB

Market Overview So the COVID-19 outbreak is now an official pandemic according to the WHO. This suggests the virus is global and rampant in its spread. Countries are trying monetary and fiscal responses but whilst the Coronavirus spread accelerates with an unknown impact on major global economies and supply chains,

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

A relief rally on the prospect of fiscal stimulus but is it “the” bottom?

Market Overview An absolute deluge of selling across anything of notable risk resulted in record levels of bearishness yesterday. It is far too early to say this morning, but as the elastic begins to snap back, have we seen “the” low? Given the Coronavirus is increasingly sweeping across major countries

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Oil smashed by a price war, as risk appetite plunges further

Market Overview When a global event such as Coronavirus hits, it would be useful for countries to look to collaborate for mitigate the impact. This has spectacularly not been the case where the major forces in OPEC+ have seen a complete breakdown in relations. With Russia not agreeing to a

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Dollar sell-off continues as yields plunge further ahead of payrolls

Market Overview Sentiment is turning sour once more as the spread of the Coronavirus increasingly impacts across the US. There has been a battle of conflicting forces on markets this week. Traders initially backing the easing and stimulus efforts are being pushed back amid the fear of the unknown impact

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

RBA rate cut kicks off expected policy coordination from major central banks

Market Overview With market fear still at elevated levels, traders and investors around the world are looking out for a coordinated response from the authorities. Central banks assisting with looser monetary policy and perhaps action from governments through fiscal support. There has been an enormous re-pricing of Federal Reserve monetary

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Speculation of the Fed ready to react drives an initial risk rebound

Market Overview Has the sell-off started to turn a corner? Speculation is that central banks could now be ready to intervene to mitigate the impact of a spreading Coronavirus. Fed chair Powell noted on Friday that the virus “poses evolving risks to economic activity”. Some might suggest the “Powell put”

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