Alp Financial

27/12/2019

Alpfin is an FCA regulated company based in Canary Wharf London. Unlike most of the cTrader brokers Alpfin isn’t actually a retail-focused broker.

08/07/2019

EUR/USD has started the week off around the closing levels seen on Friday after the US jobs report sent it lower. German industrial output rose by 0.3% MoM but is down 3.7% YoY.

28/06/2019

https://www.cnbc.com/2019/06/28/us-china-trade-war-may-become-a-currency-war-within-two-years.html

The U.S. could spark a currency war in "two to three years" once it shifts away from its trade war with China, a strategist claimed Friday.

26/06/2019

EUR/USD is trading above 1.1350, consolidating losses. The Fed's Bullard and Chair Powell have conveyed a balanced message, boosting the greenback. Treasury Secretary Mnuchin said 90% of the deal with China is done.

18/06/2019

EUR/USD has dropped below 1.1200 as ECB President Mario Draghi said cutting rates remain part of the toolkit. He also opened the door to more QE and other measures.

10/06/2019

Congress have moved forward to approve Trump's North American Trade Deal. Mexico’s offer of tougher immigration enforcement was enough to dissuade Trump from levying a 5% charge on all Mexican imports.

Watch out for volatility on USD/MXN.

(Bloomberg)

06/06/2019

/USD is trading below 1.2700 after submitting to strength on Wednesday. Intensifying trade tensions and uncertainty weigh on the pair.

03/06/2019

Supply continues to cap minor-recovery attempts near 1.1180/85, as intensifying trade wars and Italian political risks remain a weight on the EUR/USD pair while the Euro area manufacturing PMIs failed to impress. The focus shifts onto US ISM.

31/05/2019

The Japanese yen jumped against the dollar and the Mexican peso plunged after U.S. President Donald Trump’s shock threat to slap new tariffs on Mexico, which risked tipping an already struggling global economy into recession.

EUR/USD is suffering from downside momentum on the four-hour chart, the Relative Strength Index (RSI) is leaning lower, and the currency pair is trading below the 50, 100, and 200 Simple Moving Averages – a decisively bearish picture.

(Reuters)

28/05/2019

The continued to weaken towards four-month lows on Tuesday. With chances of a no-deal rising, the battle to succeed Theresa May begins. Sterling slipped 0.13% to $1.2657, having traded as low as $1.2605 last week.

The slipped 0.1% to $1.1179. The single currency’s initial gains after the election results were brief. Investors are nervous about trade tensions and fretted that political risks in Europe remain high.

(Reuters)

23/05/2019

Voters are heading to the polls to choose 73 MEPs in 12 multi-member regional constituencies for the European Parliament elections. To some, this is a day that should have never have happened.

(BBC)

20/05/2019

The / pair built on its weekly bullish gap and climbed to multi-day tops, rising above the 0.6920 region. Key factor in the Aussie’s growth was the surprise election victory.