Mitrade is a financial broker based in Melbourne, Australia. The trading platform offers close to 100 markets including forex, commodities, indices and cryptocurrencies. For further information, please visit www.mitrade.com.
May 21, 2020
News that the US biomedical firm Moderna has created an immune-system response to fend off Covid-19 from its experimental vaccine was met with ‘absolute glee’ by the markets and FX.
May 14, 2020
What is concerning for FX and equities is the US’ reopening ‘style’ and speed. It appears to be early and without regulations, which lead to the US’ Head of Infectious Diseases, Dr. Anthony Fauci, warning a Senate at his testimony that easing restrictions too early could: ‘trigger an outbreak …
May 11, 2020
April 30, 2020
The AUD’s performance over the past 3 weeks has been nothing short of ‘astounding’. The largest government stimulus in history coupled with the most accommodative central bank policy setting in history have basically ‘backstopped’ the AUD’s rapid decline seen in late-March when AUD/USD hit $0.58 and AUD/NZD was basically at parity.
April 23, 2020
The movements in oil, specifically WTI, is the most mesmerising scenario to have materialised in the COVID-19 era; like deer in the headlights mesmerising.
April 21, 2020
In a trading environment where direction and momentum are being dictated by volatility, it is still imperative to evaluate other FX inputs.
April 9, 2020
We continue to see question after question from traders about how to trade with volatility. It is no surprise that we are getting these questions as the VIX index remains at unprecedented levels.Here are a few stats around the current volatility in the S&P 500.
April 2, 2020
US markets have just logged their worst first quarter on record, while the ASX and Europe have seen theirs in the first three months in over 30 years and since 2002 respectively.
