USDCHF: consolidation in the range of 1.0179-1.0255

USDCHF
Dec. 3, 2015, 10:05
Buy on a level breakthrough of 1.0255 with 1.0317 target. Stop loss = 1.0205.

Reason for the trading strategy

Yesterday, J. Yellen, the head of the US Federal Reserve, claimed that by maintaining the federal funds rate at the current level for a long time, we provoke unjustified risky investment behavior, thus, jeopardizing financial stability. Many market participants interpreted her statement as a signal to a rapid increase in US key interest rates.

USDCHF: consolidation in the range of 1.0179-1.0255

Physical currency investment tax consequence?

Hey you guys,

I have a question my partner and I can't agree on. We are both holding physical currencies as investments but can't get a solid answer on how they are taxed. Does long and short term cap gains apply to this? If we hold it over a year does the tax consequence get reduced or is it always taxed as ordinary income?

Again, were actually holding the paper.

Best wishes.

Physical currency investment tax consequence?

Australia's GDP supports the Aussie

Buy on a level breakthrough of 0.7341 with 0.7441 target. Stop loss = 0.7291.

Reason for the trading strategy

Australia's GDP in Q3 2015 increased by 0.9% (q/q), with a forecast of 0.7% (q/q). In annual terms, the growth rate was 2.5%, with a forecast of 2.4%. The data is positive for the Aussie. After an adjustment, the AUD/USD pair may reach the range of 0.7341-0.7441.

Australia's GDP supports the Aussie

EURJPY: growth against the background of the collapse of the euro

Buy on a level breakthrough of 130.80 with 131.85 target. Stop loss = 130.30.

Reason for the trading strategy

The adjustment of the euro against the US dollar supports the euro cross rates. Currently, market participants allow for a decrease in the deposit rates in the Eurozone, but only by 10 bps and not by 20 bps

EURJPY: growth against the background of the collapse of the euro

kedu ka imere?

Ebea ka ana asu asusu ala anyi maka etu esi akpata ega na igwe komputa. oburu na ibu nwa afo ala anyi mara maka nkea nke oma, ebea bu ebe obibi maka ihe di otua.

kedu ka imere?

AUDUSD: growth after the RBA meeting

Buy on a level breakthrough of 0.7281 with 0.7381 target. Stop loss = 0.7231.

Reason for the trading strategy

The RBA has kept its key interest rate unchanged at 2%, as expected. The regulator's statement about the Australian dollar's adjustment to a significant reduction in the commodity prices has supported the national currency. In addition, the increase in Australia's business activity index in the manufacturing sector from 50.2 p. to 52.2 p. in November contributed to the AUD/USD pair testing the resistance level of 0.7281.

AUDUSD: growth after the RBA meeting

USDJPY: consolidation in the range of 122.70-123.34

Buy on a level breakthrough of 122.93 with 123.75 target. Stop loss = 122.43.

Reason for the trading strategy

Today the Ministry of Finance of Japan published some good data on the financial status of national companies. In particular, investment in Japan grew by 11.2% (y/y) in Q3 2015, while companies' profit grew by 9% (y/y). The Japanese Ministry of Finance notes that the company survey results reflect a moderate recovery of the economy.

USDJPY: consolidation in the range of 122.70-123.34