Daily FX: Analyst picks September 9, 2013 CURRENCY STRATEGISTCHRIS VECCHIO My pick: Long dollar-yenExpertise: Fundamental and technical analysisAverage time frame of trades: A few hours to a few weeks US non-farm payrolls disappointed on Friday but dollar-yen closed the week above ¥98.80, the condition necessary to enter a long position. I took ¥99.10 at the close on Friday; and the news that [...]
Why Britain’s 4G roll-out could give mobile trading a performance boost September 3, 2013 But the implications of taking positions on the move have yet to reach their logical conclusion COMPETITION has arrived in the UK’s 4G market, promising superfast download speeds on the move. Previously monopolised by the operator EE, O2 and Vodafone have just rolled out 4G mobile internet connections to their customers in London, with O2 [...]
Pitfalls to avoid when trading on the go September 3, 2013 Annabel Palmer on the risk and rewards associated with mobile trades TECHNOLOGIES that enable investors to trade CFDs from a sun lounger in Laguna Beach, or execute spread-bets from the Chamonix pistes, now have such a wide appeal that mobile trading accounts for a striking 34 per cent of CMC Markets’s turnover. Having a fully functioning trading [...]
Mobile trading apps close the gap with desktop alternative September 3, 2013 But while the technology is advancing rapidly, more sophisticated traders should be aware of the limitations THE DAYS when traders were confined to their home computer terminal are over. Mobile applications, in the past offering little more than price updates, are increasingly allowing traders to perform many of the most sophisticated trading tasks on smartphones [...]
Social traders are betting on the wisdom of global crowds September 3, 2013 But some doubt how influential the newest trading trend will be THE FIELDS of social networking and trading are beginning to collide, threatening to change the way retail traders operate. A few weeks ago, legendary investor Carl Icahn tweeted that Apple was “extremely undervalued”, stating that his company Icahn Enterprises held a large position in [...]
Germany still lacks a vision for Europe September 2, 2013 IT MAY be simplistic to claim that the German elections on 22 September will determine the future of Europe and the euro, but in many ways both are at the end of a very long road. What will Germany’s new coalition look like? Will we see a renewed mandate for the alliance between Angela Merkel’s [...]
DailyFX: Analyst picks September 2, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long dollar-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few weeks I’ve started to tentatively look at long dollar-yen, now that the price has perked above the descending trendline from 22 May and 8 July highs. A weekly close above ¥98.80 [...]
CNBC Comment: Emerging Asia is in a dangerous situation August 26, 2013 THE STORY of money being withdrawn from emerging markets is arguably overdone. But just as it chased a more thrilling adventure in a risk-free world of easy monetary policy, money is now seeking the comforts of home as markets price in tighter conditions. That spells a dangerous road for Asia’s shining hopes. Take Indonesia, often [...]
DailyFX: Analyst picks August 26, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long dollar-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few weeks Neither the euro-dollar nor the dollar-yen are behaving as desired, but of the two the dollar-yen is acting more in-line with what’s been expected. Last week I was waiting for [...]
CNBC Comment: Why it could now be time to buy gold August 19, 2013 GOLD kicked off 2013 trading just below $1,700 per troy ounce, only to see central banks and investors push its market value down to around $1,180 in late June. Since then, it has steadily risen in value, putting on its best performance in months last week, when it broke through the psychologically important $1,350 level. [...]