Market Mood USOIL 16.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the US oil on Youtube. image US oil is now entering one of its weakest periods of the year from a seasonal perspective. The losses in US ...

HYCM Market Insights & Trading Tips

The impact of fiscal policy and national debt on FX markets by Giles Coghlan, Chief Currency Analyst, HYCM Monetary policy concerns the policy action of central banks to ensure smooth financial operations. Fiscal policy on the other hand relates to ...

HYCM Market Insights & Trading Tips

Market Mood AUDJPY 13.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDJPY pair on Youtube. image Strong AUD, Weak JPY The RBA is expected to keep interest rates at 0.10% now for the foreseeable ...

HYCM Market Insights & Trading Tips

Bitcoin goes mainstream? by Giles Coghlan, Chief Currency Analyst, HYCM In recent mainstream media reports the words Bitcoin and cryptocurrency are only associated with two groups of people. Firstly, terrorists and criminals. Secondly, with those ...

HYCM Market Insights & Trading Tips

Week Ahead 16.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Explosive moves higher in global equity markets were seen this week as two large events hit markets simultaneously. First of all Joe Biden was named as US President-elect as he ...

HYCM Market Insights & Trading Tips

Market Mood AUDNZD 12.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDNZD pair on Youtube. image Weak AUD, Strong NZD Yesterday’s RBNZ meeting resulted in heavy NZD buying as investors see the RBNZ ...

HYCM Market Insights & Trading Tips

This week’s RBNZ rate meeting in focus by Giles Coghlan, Chief Currency Analyst, HYCM The RBNZ kept the asset purchase programme maintained at $NZD100 billion and introduced the new Funding for Lending Programme as planned. Furthermore, the RBNZ ...

HYCM Market Insights & Trading Tips

Market Mood XAUUSD 11.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the XAUUSD on Youtube. image This week’s positive vaccine news on the Pfizer headlines has caused 10Y US bond yields to spike higher. ...

HYCM Market Insights & Trading Tips

Has the S&P500 put in a top? by Giles Coghlan, Chief Currency Analyst, HYCM image Bloomberg is making a case for the response to the vaccine euphorias being overdone. The heart of the thinking from Bloomberg was as follows: Traders are not trained ...

HYCM Market Insights & Trading Tips

Market Mood CAC40 10.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the CAC40 on Youtube. image Yesterday’s positive vaccine news on the Pfizer headlines caused investors to buy everything in a snap move ...

HYCM Market Insights & Trading Tips

What to expect from the Reserve Bank of New Zealand meeting tomorrow by Giles Coghlan, Chief Currency Analyst, HYCM The RBNZ meeting is tomorrow and their last known direction was for negative interest rates for New Zealand in 2021. So, what else ...

HYCM Market Insights & Trading Tips

Market Mood XAGUSD 09.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the XAGUSD on Youtube. image The fundamental picture for gold to find buyers is well reported amongst market participants. However, ...

HYCM Market Insights & Trading Tips

What did we learn from the Bank of England meeting last week? by Giles Coghlan, Chief Currency Analyst, HYCM Taking place amid the US election drama it was easy to miss this meeting. The Bank of England met last week on November 05. They kept ...

HYCM Market Insights & Trading Tips

Week Ahead 09.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM The US election took centre stage this week as world markets awaited the outcome. Once again the polls were unhelpful in their projections. A clear Biden victory had been ...

HYCM Market Insights & Trading Tips

Market Mood XAUUSD 06.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the XAUUSD on Youtube. image Yesterday’s post flagged a great time and place to buy gold as the daily trend line broke out. The weak ...

HYCM Market Insights & Trading Tips

Reasons to buy gold regardless of the US election by Giles Coghlan, Chief Currency Analyst, HYCM Gold: The right time to buy? Now the US election risk is fading and volatility is returning to normal levels this may be the perfect time to buy gold. ...

HYCM Market Insights & Trading Tips

Market Mood XAUUSD 05.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the XAUUSD on Youtube. image The fundamental picture for gold remains strong. Interest rates around the world are projected to remain ...

HYCM Market Insights & Trading Tips

What did we learn from the RBA yesterday? by Giles Coghlan, Chief Currency Analyst, HYCM The Reserve Bank of Australia met this week and lowered interest rates to 0.10% from 0.25%. This was an expected move. It was also a widely flagged move leading ...

HYCM Market Insights & Trading Tips

Market Mood AUDNZD 04.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDNZD pair on Youtube. image Strong AUD, Weak NZD The RBA met this week and they acted as the market expected by cutting interest ...

HYCM Market Insights & Trading Tips

The bullish and bearish case for oil by Giles Coghlan, Chief Currency Analyst, HYCM Oil is in an interesting place at the moment as near term pressures weigh on the commodity. However, there are also near term expectations that OPEC+ will intervene ...

HYCM Market Insights & Trading Tips