Market Mood Dow Jones 16.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for Dow Jones on Youtube. image Over the next couple of weeks heading into the US election, there is likely to be continued uncertainty ...

HYCM Market Insights & Trading Tips

Why China’s coal ban on Australia matters by Giles Coghlan, Chief Currency Analyst, HYCM The reports last week that China may have banned Coal imports from Australia is one headline to keep a note of. The reason for this is because around 30% of ...

HYCM Market Insights & Trading Tips

Why central banks are adopting digital currencies by Giles Coghlan, Chief Currency Analyst, HYCM There has been a move in the perception of digital forms of money. This is being accelerated by the recent COVID-19 inspired lockdowns. When digital ...

HYCM Market Insights & Trading Tips

Market Mood AUDNZD 15.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDNZD pair on Youtube. image Weak NZD, Strong AUD Reserve Bank of Australia’s Governor Lowe spoke last night and said that it was ...

HYCM Market Insights & Trading Tips

Market Mood GBPUSD 14.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the GBPUSD pair on Youtube. image Weak GBP, Strong USD EU leaders are poised today to say that no breakthrough has been found in Brexit ...

HYCM Market Insights & Trading Tips

Do US Soy farmers look for a Biden victory? by Giles Coghlan, Chief Currency Analyst, HYCM Soybean prospects have been moving solidly higher as of late. The explanation behind these moves higher is because of the accompanying reasons. Food costs are ...

HYCM Market Insights & Trading Tips

Market Mood BTCUSD 13.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the BTCUSD on Youtube. image Bloomberg Intelligence had a recent report on Bitcoin where they projected Bitcoin could rise to $100,000 ...

HYCM Market Insights & Trading Tips

Market Mood EURAUD 12.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mod for the EURAUD pair on Youtube. image Weak EUR, Strong AUD There has been an increase in cases of COVID-19 in Europe which have resulted in ...

HYCM Market Insights & Trading Tips

Is Bitcoin really headed to $100,000? by Giles Coghlan, Chief Currency Analyst, HYCM Bloomberg Intelligence had a recent report on Bitcoin where they projected Bitcoin could rise to $100,000 in the next 5 years. That’s right, $100,000. This was not ...

HYCM Market Insights & Trading Tips

FX Week Ahead 12.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM President Trump announced that he was walking away from a US stimulus package before the US elections this week. The market reaction was fairly muted. This was because whether Joe ...

HYCM Market Insights & Trading Tips

Market Mood BTCUSD 09.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the BTCUSD on Youtube. image A recent piece by Bloomberg intelligence made a case for Bitcoin to reach $100,000 within 5 years. The ...

HYCM Market Insights & Trading Tips

China is moving again by Giles Coghlan, Chief Currency Analyst, HYCM Chinese stocks may be able to expect positive days ahead as local markets re-open again. There has been a positive development over the holiday and that has been that travel ...

HYCM Market Insights & Trading Tips

Market Mood AUDNZD 08.10.20 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 Reserve Bank of New Zealand said that recent monetary policy actions are ...

HYCM Market Insights & Trading Tips

COVID-19 impact on airline stock by Giles Coghlan, Chief Currency Analyst, HYCM COVID-19 has badly impacted the airline industry There have been very significant passenger number falls that have resulted in some planes even flying empty between ...

HYCM Market Insights & Trading Tips

FOMC minutes key for Gold’s near term direction by Giles Coghlan, Chief Currency Analyst, HYCM Bearish minutes will favour gold Gold bugs will be looking at the FOMC minutes carefully tonight to look for help for the case for gold bulls from the ...

HYCM Market Insights & Trading Tips

Market Mood ASX200 07.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the ASX200 on Youtube. image Australia’s index the ASX200 should remain supported over the near term after Australia’s Government ...

HYCM Market Insights & Trading Tips

Market Mood XAUUSD 06.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the XAUUSD on Youtube. image The hopes of the passing of a large stimulus bill are continuing to support equity markets this morning. ...

HYCM Market Insights & Trading Tips

Soybean futures eye Friday’s key release by Giles Coghlan, Chief Currency Analyst, HYCM Inflation felt in food prices Food prices are feeling inflationary pressures. This has the potential to hinder consumer spending power as consumers are trying to ...

HYCM Market Insights & Trading Tips

Market Mood AUDJPY 05.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDJPY pair on Youtube. image Strong AUD, Weak JPY Asian equity markets have traded higher this morning with the ASX 200 ...

HYCM Market Insights & Trading Tips