USD The tension in the Middle East saw investors flock towards precious metals and alternate havens such as the CHF last week. With US yields on the rise, there is a clear hesitancy to approach US treasuries as the haven it has always been, with debt levels surging higher as the cost of debt rises. […]


by Joshua Mahony
1 year ago

Monday: Eurozone consumer confidence A quiet start to the week sees eurozone consumer confidence data released. The gains seen over the first half of the year have taken a turn for the worst, with traders watching to see if we see a third consecutive decline. Should that come to fruition, traders could see this as […]


by Joshua Mahony
1 year ago

USD The tension in the Middle East between Israel and Palestine dominated the headlines this week, with the US dollar enjoying some haven flows at a time when the FOMC has started to drop notably dovish comments. While bank holidays in Japan, the US and Canada had brought expectations of a slow start last week, […]


by Joshua Mahony
1 year ago

Monday: New Zealand quarterly CPI: A slow start to the week sees little from Europe and the US. However, Monday evening will see New Zealand CPI inflation released, with this quarterly gauge expected to move sharply higher. Coming off the back of three consecutive declines, market forecasts of a rebound from 1.1% to 1.9% bring […]


by Joshua Mahony
1 year ago

USD Despite weaker-than-expected economic reports, the US dollar closed last week as the second-best performing currency. This is due to the Federal Reserve’s policy of maintaining higher interest rates for a longer duration. In September, the dollar index, which tracks its performance against a basket of currencies, rose by approximately 2.45%, reaching a six-month high. […]


by Joshua Mahony
1 year ago
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we built over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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