Live Trading Room: Currencies on the move…

Live Trading Room: Currencies on the move…

Don’t trade alone, join a group of quant traders in a live trading room.

The Trading Room® TradeLAB live sessions conducted online by the RiosQuant team offer a pragmatic, real world perspective of trading the global markets in real time for the active trader. Trading begins at 8:00 am and ends at 11:00 am ET Monday thruFriday.    

Access is simple, here is how to get started with a two week free trial…

Click on the following link and register as a guest.

Pre-market activity and scheduled economic data that may have an impact on the global financial markets. 
Currencies are on move, what’s next in the markets?
STOCKS – Stocks dropped  as the Bank of Japan refrained from adding to record monetary stimulus. Benchmark share gauges in Europe and Asia retreated from their highest closes since January, while U.S. stock index futures declined.
 
BONDS – U.S. Treasury yields fell as investors squared up positions before the Fed meeting. Ten-year yields fell 3.2 basis points to 1.93 percent.
 
COMMODITIES – Oil prices, which fell up to 4 percent on Monday, dropped further after the Organization of the Petroleum Exporting Countries (OPEC) said it expected lower demand for crude in 2016 than previously thought.
 
CURRENCIES – The Australian and Canadian dollars fell as raw-materials prices slumped. The yen strengthened after the BOJ removed from its post-meeting statement language used after it lowered rates in January that it would cut rates further into negative territory if needed.
ECONOMIC DATA – US PPI and Retail Sales due at 8:30 ET, NZD GDT Price Index (Tentative).

    – RiosQuant Team

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COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS.
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