Jiming Huang / Profil

The potential new head of the Fed confirmation hearing start today. Ahead of the Senate hearing on Tuesday Jerome Powell provided a clear statements indicted that his views were incline with current FOMC strategy. The statement indicated that Yellen’s policy path will be continue under Powell...

The Euro-dollar is back to two-month high despite the fact that the Fed will almost certainly raise rates in December. The pair is now trading above 1.19 dollar for one single euro coin. The ongoing political crisis in Germany did not have any impact yet on the single currency...

The South African rand took a hit on Friday following the downgrade of the country’s credit rating. Standard & Poor’s lowered further the long-term foreign currency sovereign rating into “junk” territory, to “BB” from “BB+”...

Ready to reach 10k. (By Yann Quelenn) • Bitcoin has jumped over the weekend. The technical structure shows a tremendous positive short-term momentum. Hourly support is located...

Ready for further upside. (By Yann Quelenn) • Crude oil has finished its consolidation and is now ready to challenge the 60-dollar level. Expected to show continued increase. Support is...

Holding above 17.00 (By Yann Quelenn) • Silver is heading higher. Hourly support can be found at 16.60 (27/10/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...

Riding uptrend channel. (By Yann Quelenn) • Gold is pushing higher. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...

Monitoring 1.17 level. (By Yann Quelenn) • EUR/CHF is trading slightly higher towards resistance at 1.1711 and support given at 1.1610 (27/10/2017 low). Expected to show continued...

Bullish momentum builds. (By Yann Quelenn) • EUR/GBP has broken rising trendline, yet technical structure suggests further short-term bullish momentum. Hourly support is given at a...

Riding downtrend channel. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...

Sideways price action. (By Yann Quelenn) • USD/CAD has failed to clear resistance indicating downside risks. Hourly resistance can be found at 1.2837 (21/11/2017 high). Hourly...

Riding lower. (By Yann Quelenn) • USD/CHF's technical structure is clearly bearish. The technical structure indicates further downside risks. The pair has failed to hold...

Holding above 111.00. (By Yann Quelenn) • USD/JPY has broken short-term uptrend channel and strong support located at 111.12 (20/09/2017 low). The road is wide open for...

Riding uptrend channel. (By Yann Quelenn) • GBP/USD has broken 1.3230 resistance indicate an extension of bullish momentum. Support is given at 1.3027 (06/10/2017 low...

Breaking resistance at 1.1878. (By Yann Quelenn) • EUR/USD is pushing higher. Hourly resistance located at 1.1878 (12/10/2017 high) has been broken. Hourly support is given at a distance at...

China's Central Economic Work Conference is a few weeks away. The meeting will set out economic policy aims. This matters a lot. China is changing, and the world around China is changing. China's debt growth is likely to be a focus at the conference...

A wave of inflation, GDP and PMI releases are scheduled for the week ahead. CIO expects a benign picture that promotes growth-related currencies like the euro, the CAD and the SEK. Tuesday, 28. November DEU GfK Consumer Sentiment (December; prior: 10.7) JAP Retail Sales YY (October; prior: 2.2...

Financial markets always tend to closely monitor German’s economic data not only because the country is always acting as the locomotive of the European economy but also because the current political uncertainties currently occurring in Germany...

Investors have been waiting for months for a USD rally. Expectations have kept building up as investors expected that the combination of tighter monetary policy, sustained gains in the jobs market and a tax reform would trigger a dollar rally. Unfortunately, it didn’t unfold as expected...

According to the Fed meeting minutes released yesterday, interest rates will be raised in the “near term”. Markets’ expectations regarding a rate hike have not changed much and are still standing above 90%. The fed was clearly not in a hurry to send a very hawkish signal...