Market Brief for the 1st Quarter of 2015: FX & Stocks

Strategies on Trading Currencies & Stock Market Investing through ETFs

The USD has strengthened since its turning point @79.74 in 2014 and currently @94.67 on the closing of Feb 06, 2015. The latest figures on the Non-farm Payrolls have fueled the USD back higher; after its recent correction from an over-extended and overbought area on the chart. The prominence of the USD has provided US investors and traders to rethink strategies being made along with the Stock market’s continuing trend.

This is on top of the moves on interest rate cuts with several banks after the ECB started its own version of QE, Swiss National Bank abandoning their cap with the EURO/CHF that led to a market price swing not seen for sometime. With China providing liquidity for banks, Japan’s move to continue with their own respective version of monetary policy and the Reserve Bank of Australia reducing rates have contributed to the increasing global Currency - Tug of war. 

Strategies on Trading Currencies