After a stellar year in 2017, investors were taken aback by the massive swings in the markets in 2018. The turmoil in the financial markets has created an environment of panic and fears about a global recession. Even though the risk of a recession is not on the horizon yet, we do expect 2019 to remain volatile. Prudent investors will likely fa...
Today’s flash crash in the FX markets was surprising to many of us. The triggers behind the slump in the currency’s markets are vague, and everyone was left wondering about a reasonable explanation. First of all, we think it is important to note that we are in a low volume trading environment and any reaction/news can be exacerbated in such t...
December started on a positive note, though it was short-lived. During the G20 meeting, there was more optimism in the financial markets than the market participants had anticipated. Investors were therefore hopeful that December would be promising. Post G20 Reactions – Bullish Gaps Monday started on a buoyant note with a few bullish gaps, a...
MELBOURNE, AUSTRALIA – 25 September 2018. Astro Fx Hub is pleased to launch MetaTrader 5 (MT5) to its suite of platforms. Traders can now download, and use Astro Fx Hub MT5 along with Astro Fx Hub MT4, as well as Astro Fx Hub’ Webtrader, on any device or browser. Chief Executive Officer, Christopher Gore, noted that while he continues to see solid dem...
MELBOURNE, AUSTRALIA – 13 November 2018. Veteran derivatives provider Astro Fx Hub Pty Ltd has integrated with technology provider, oneZero Financial Systems in a bid to expand their institutional offering in LD4. Head of Trading, Tom Williams said: “The popularity of our API offering has naturally led us to expand our distribution channels and ...
GBPUSD - Has Cable run out of steam? Looking at GBPUSD, we can see the month of November has kicked off with some impulsive moves higher off the back of potential Brexit deals concluding behind closed doors. In the short-term, we might be witnessing the tail end of the recent rally as price action is showing signs of exhaustion, particula...
If you're an existing Astro Fx Hub client, simply get in touch with a member of our Support Team and we'll help you get set up. How it works: Astro Fx Hub offers complimentary monthly VPS subscription to clients who have completed a minimum trade volume of US $1 Mil per calendar month (approximately 5 round turn FX lots). A service fee starting f...
Last week's ATR: 95-96.1 From the daily chart below, we can see that the US Dollar Index is currently testing its right shoulder, and I have marked the left and right shoulders by two red rectangles. It will take weeks for the price to tumble around the rectangle area, and there might be a lot of fake movements occur, thus it is still too soon to...
In the midst of Wednesday afternoon's global bond sell-off, we saw government bond yields rise across the board and in one particular 10-year bond we saw a significant level approached and then surpassed. Japanese Government Bond – 10-year yield The Japanese government's 10-year bond yield rose to and then surpassed 0.145 percent, a significant...
The Forex market is the largest in the world with around $5 trillion average daily trade volume. It dwarfs the daily trade volume of the New York (NYSE), Tokyo (TSE), and London Stock Exchange (LSE) which stands at around $22, $18 and $8 billion respectively. In this article, we will take a look at the top 5 most traded currencies in the world. ...
On GFC’s 10-year anniversary, one cannot help but wonder about the current dispersion in the financial markets. Developed Markets (DM) equities are now divided between US and non-US, with the US outperforming every other major market. S&P is hovering around its all-time highs whereas DM are still well below their 2018 highs. S&P 500 (Whi...
The US Dollar is the most traded currency in the world and paired with all other major currencies. It acts as the intermediary in triangular currency transactions, held by almost every central bank around the world. Unofficially, US Dollar utilization occurs in over 30 countries worldwide and officially; it gets used as a legitimate currency in ...
All three pairs had a volatile year. Trade and geopolitical tensions have put significant bearish pressures on those pairs. EURUSD, GBPUSD and AUDUSD have seen new lows in 2018, and if the negative environment persists, we might see fresh lows. EURUSD Fundamental Analysis The EURUSD pair was able to find some support on Brexit news and some posi...
GDP Dominance The United States dominates the world when it comes to having the largest economy by Gross Domestic Product (GDP), however, there are countries around the world which are showing major signs of economic growth and expected to overtake current world economic leaders, such as the United States and the United Kingdom. As mention...
All eyes will be on the Jackson Hole in Wyoming this week, where the annual Jackson Hole Economic Symposium will be held by the Federal Reserve Bank of Kansas City. This years symposium will take place from 23rd until the 25th of August and the topic for the upcoming event will be “Changing Market Structure and Implications for Monetary Policy”...