Trading Update |
06-Dec-13, 7:46am: It’s All About the Non-Farm Payrolls TodayBoth the Dow Jones and FTSE 100 are poised nicely for today’s NFP which comes out at 1.30pm UK time. The Dow is supported around 15831 and the FTSE is capped by resistance at 6519. The EUR/USD rate is also looking interesting. Despite all the problems in the euro zone and the dollar looking strong against most currencies, the euro is still the stronger currency in this pair. |
09-Dec-13, 9:00am: Stock Market Looks Resilient Enough to Handling December TaperingThe reaction to Friday’s good US jobs data has been surprisingly positive. Elsewhere the USD/JPY market has seen a strong bounce. EUR/USD is bang on the support/resistance level at $1.3709 as so we could see a sharp move soon. |
09-Dec-13, 9:12pm: Litecoin TradingBitcoin bugs should note that Plus500 now offer a new Litecoin CFD market. For more details on Litecoin and this new CFD market, please see our guide to trading Litecoin. |
12-Dec-13, 9:12am: Dollar Seeing Strength as Taper Talk ContinuesAs the EUR/USD starts to struggle for gains, how will US Jobless Claims affect the outlook for USD FX pairs and stock markets? |
18-Dec-13, 10:15am: Will the Fed taper at its December meeting? The latest video on our blog takes a look at how the markets may react either way. How will Spread Betting Markets React to December Tapering News? |
19-Dec-13, 9:05am: Dow Jones Surges as FOMC Starts TaperingWhilst the FOMC did taper by $10 billion yesterday, they suggested that rates will remain ultra-low. As a result, the Dow surged to a new all-time high and the USD/JPY rocketed to 8-year highs, however, gold slipped back towards support. |
19-Dec-13, 9:21am: The dollar is the stand-out winner today after the Federal Reserve started tapering its asset purchases. |
19-Dec-13, 10:24am: Federal Reserve Starts Tapering After the Fed’s decision to start tapering at it’s December meeting, Bill Hubbard discusses where next for the markets. |