Greg McKenna

Latest articles

2d
Business Insider Australia
Bonds are getting smashed in Asia, and the global benchmark US 10-year Treasury yield is pushing to new highsat the US Federal Reserve. Williams’ approach to monetary policy is considered
Business Insider Australia / Posted 2 days ago
at the US Federal Reserve. Williams’ approach to monetary policy is considered more on the hawkish side. AxiTrader’s Greg McKenna told Business Insider the recent price action was in response to mounting evidence of global economic... Read more
2 related articles
3d
Business Insider Australia
The Australian dollar is sliding in the wake of the latest jobs datatime ago the AUD was trading below 0.7950 US cents. Here’s the price action on
Business Insider Australia / Posted 3 days ago
time ago the AUD was trading below 0.7950 US cents. Here’s the price action on a five-minute chart via Investing.com. Greg McKenna from AxiTrader highlighted on Twitter that 0.7935 US cents is now the key support level to watch. You can follow... Read more
3d
TheBull
Wall Street soars yet again; bitcoin crashes below $10,000been a Cryptocalypse overnight with BTC (bitcoin) and other virtual currencies
TheBull / Posted 3 days ago
been a Cryptocalypse overnight with BTC (bitcoin) and other virtual currencies coming under heavy selling pressure," said Greg McKenna, chief market strategist at AxiTrader. But Shane Chanel, equities and derivatives adviser at ASR Wealth... Read more
3d
Business Insider Australia
The Aussie dollar just topped 80 centsNew Zealand dollar. As for the reason behind that strong performance, the simp
Business Insider Australia / Posted 3 days ago
New Zealand dollar. As for the reason behind that strong performance, the simple truth is there was no definitive answer. Greg McKenna, Chief Market Strategist at AxiTrader, put the Aussie’s gains down to renewed strength in US stocks. “US stocks... Read more
4d
The Manila Times
Most Asian markets fall as traders take a breatherbeen a Cryptocalypse overnight with BTC and other virtual currencies coming und
The Manila Times / Posted 4 days ago
been a Cryptocalypse overnight with BTC and other virtual currencies coming under heavy selling pressure,” said Greg McKenna, chief market strategist at AxiTrader. But Shane Chanel, equities and derivatives adviser at ASR Wealth... Read more
4d
The Courier Mail
$260 billion ‘cryptocalypse’ hitsheavy selling pressure as the regulatory scrutiny intensifies not only in China
The Courier Mail / Posted 4 days ago
heavy selling pressure as the regulatory scrutiny intensifies not only in China and South Korea but across the globe,” Greg McKenna, chief market strategist at AxiTrader, said in a note on Wednesday. “The debate over zero or $US100,000 for... Read more
36 related articles
4d
Herald Sun
$260 billion ‘cryptocalypse’ hitsheavy selling pressure as the regulatory scrutiny intensifies not only in China
Herald Sun / Posted 4 days ago
heavy selling pressure as the regulatory scrutiny intensifies not only in China and South Korea but across the globe,” Greg McKenna, chief market strategist at AxiTrader, said in a note on Wednesday. “The debate over zero or $US100,000 for... Read more
36 related articles
5d
Business Insider Australia
The Australian dollar is almost back to 80 cents, 0.19% AUD/GBP 0.5774 , 0.0017 , 0.30% AUD/NZD 1.0913 , 0.0008 , 0.07% AU
Business Insider Australia / Posted 5 days ago
, 0.19% AUD/GBP 0.5774 , 0.0017 , 0.30% AUD/NZD 1.0913 , 0.0008 , 0.07% AUD/CAD 0.9896 , 0.0037 , 0.38% According to Greg McKenna, Chief Market Strategist at AxiTrader, US dollar selling during Monday’s session was “broad-based and... Read more
6d
Business Insider Australia
The Australian dollar has had another strong sessionby sustained US dollar weakness, the Aussie was higher today against all the ma
Business Insider Australia / Posted 6 days ago
by sustained US dollar weakness, the Aussie was higher today against all the major trading pairs. According to AxiTrader’s Greg McKenna, the outlook for commodities is helping to underpin the Aussie’s recent strength. “The AUD has risen alongside... Read more
10d
Business Insider Australia
The Australian dollar is moving around without really going anywherethe Aussie managed to eke out gains against the US dollar, it fell heavily agai
Business Insider Australia / Posted 10 days ago
the Aussie managed to eke out gains against the US dollar, it fell heavily against the Japanese yen, something Greg McKenna, chief market strategist at AxiTrader, put down to continued fallout from the Bank of Japan’s decision earlier... Read more
6 related articles
11d
The Manila Times
Most Asia markets fall but Hong Kong runs onwhat has changed really in these first six trading days of 2018, which has so m
The Manila Times / Posted 11 days ago
what has changed really in these first six trading days of 2018, which has so materially driven prices higher?” asked Greg McKenna, chief market strategist at AxiTrader. “For me, the rally is starting to feed on itself, or people’s fear of... Read more
6 related articles
11d
Business Insider Australia
Oil prices are at their highest levels since 2015Investing.com Developments in the middle east provided the catalyst for the la
Business Insider Australia / Posted 11 days ago
Investing.com Developments in the middle east provided the catalyst for the latest rally, according to Greg McKenna at AxiTrader. “What’s driven the price action overnight is continued focus on the fact OPEC won’t move quickly... Read more
64 related articles
16d
Inquirier.net
Most Asian markets rise as 2018 rally extendsmarkets powered ahead in 2017 as economies showed long-running improvements aft
Inquirier.net / Posted 16 days ago
markets powered ahead in 2017 as economies showed long-running improvements after years of faltering. Greg McKenna, chief market strategist at AxiTrader, said in a note that data from the manufacturing and services sectors... Read more
16d
TheBull
Stock markets smash records in oil-fuelled rallynow that the Iranian protest movement has launched into the open in the past we
TheBull / Posted 16 days ago
now that the Iranian protest movement has launched into the open in the past week," said AxiTrader chief market strategist Greg McKenna. He added: "My sense is there is some expectation that President Trump may use the protests as a pretext to... Read more
303 related articles
16d
Business Insider Australia
The Aussie is on a winning streak never seen beforeto chase the Fed, and that synchronised global growth will in fact drag most ce
Business Insider Australia / Posted 16 days ago
to chase the Fed, and that synchronised global growth will in fact drag most central banks along the tightening path,” said Greg McKenna, chief market strategist at AxiTrader. That goes some way toward explaining the Aussie’s mixed performance... Read more
3 related articles
18d
Channel NewsAsia
Asian markets extend gains, dollar hit by further weaknessadding to Tuesday's 7.5 per cent jump, while Tencent rose 1.1 per cent. Samsung
Channel NewsAsia / Posted 18 days ago
adding to Tuesday's 7.5 per cent jump, while Tencent rose 1.1 per cent. Samsung climbed more than one per cent in Seoul. Greg McKenna, chief market strategist at AxiTrader, warned: "The punchbowl is going to be taken away this year and for the... Read more
2 related articles
18d
TheBull
Australian shares higher on energy, mininggains among the mining and energy companies offset weakness elsewhere across th
TheBull / Posted 18 days ago
gains among the mining and energy companies offset weakness elsewhere across the bourse. AxiTrader chief market strategist Greg McKenna, said local investors across the broader market lacked an "Australian specific" story to follow. "That's why... Read more
21 related articles
18d
Business Insider Australia
The Australian dollar continues to rallybefore easing lower in the second half of the session. It currently sits at th
Business Insider Australia / Posted 18 days ago
before easing lower in the second half of the session. It currently sits at the highest level since late October. To Greg McKenna, chief market strategist at AxiTrader, the main factor behind the move was continued US dollar weakness. “On... Read more
3 related articles
18d
TheBull
European stocks fall as dollar under pressureUS tax cuts, as well as expected monetary tightening by other central banks tha
TheBull / Posted 18 days ago
US tax cuts, as well as expected monetary tightening by other central banks that will align them with the Federal Reserve. Greg McKenna, chief market strategist at AxiTrader, said the euro was rising as "traders are making the bet that the... Read more
12 related articles
19d
Channel NewsAsia
European stocks fall as dollar under pressureUS tax cuts, as well as expected monetary tightening by other central banks tha
Channel NewsAsia / Posted 19 days ago
US tax cuts, as well as expected monetary tightening by other central banks that will align them with the Federal Reserve. Greg McKenna, chief market strategist at AxiTrader, said the euro was rising as "traders are making the bet that the... Read more
12 related articles
19d
Channel NewsAsia
Asia markets begin 2018 on a high, led by rally in Hong KongUS tax cuts, as well as expected monetary tightening by other central banks tha
Channel NewsAsia / Posted 19 days ago
US tax cuts, as well as expected monetary tightening by other central banks that will align them with the Federal Reserve. Greg McKenna, chief market strategist at AxiTrader, said the euro was rising as "traders are making the bet that the... Read more
2 related articles
25d
Zero Hedge
Global Stocks Rise, Copper Soars In Thin Holiday Volumesrally in copper supports expectations that 2018 is going to be a strong year fo
Zero Hedge / Posted 25 days ago
rally in copper supports expectations that 2018 is going to be a strong year for synchronised global growth,” said Greg McKenna, chief strategist at AxiTrader. That, or at least until the artificial production shortage is... Read more
25d
News.com.au
World stocks rise on metals surgerally in copper supports expectations that 2018 is going to be a strong year fo
News.com.au / Posted 25 days ago
rally in copper supports expectations that 2018 is going to be a strong year for synchronised global growth," said Greg McKenna, chief strategist at AxiTrader. London copper rose to its highest in nearly three-and-a-half years on... Read more
9 related articles
25d
The Manila Times
Asia markets edge up as commodities rise, Apple fears easeon oil and metals markets, along with strength in gold markets has futures poin
The Manila Times / Posted 25 days ago
on oil and metals markets, along with strength in gold markets has futures pointing higher this morning,” wrote Greg McKenna, chief market strategist at AxiTrader. AFP Key figures around 0300 GMT Tokyo – Nikkei 225: UP 0.1 percent at... Read more
303 related articles
30d
The Manila Times
Asia markets enjoy pre-Christmas cheerit seems stock traders decided that yes, after all, they do think the tax cuts
The Manila Times / Posted 30 days ago
it seems stock traders decided that yes, after all, they do think the tax cuts will help valuations and the economy,” said Greg McKenna, chief market strategist at AxiTrader. The US gains extended into Asia with Hong Kong up 0.3 percent, Sydney... Read more
2 related articles
30d
Channel NewsAsia
Asia markets enjoy pre-Christmas cheer, euro avoids sell-offit seems stock traders decided that yes, after all, they do think the tax cuts
Channel NewsAsia / Posted 30 days ago
it seems stock traders decided that yes, after all, they do think the tax cuts will help valuations and the economy," said Greg McKenna, chief market strategist at AxiTrader. The US gains extended into Asia with Hong Kong up 0.7 per cent, Sydney... Read more
22 related articles
30d
Business Insider Australia
The Australian dollar is rallying againsoaring close to 1% against the greenback following the release of strong infla
Business Insider Australia / Posted 30 days ago
soaring close to 1% against the greenback following the release of strong inflation and retail sales data for November. Greg McKenna, Chief Market Strategist at AxiTrader, said the move in the Canadian dollar was one factor that helped to boost... Read more
1m
The Manila Times
Asian markets mostly down as tax cut euphoria wanesdespite expectations the tax cuts across the board would likely fan inflation a
The Manila Times / Posted a month ago
despite expectations the tax cuts across the board would likely fan inflation and lead to higher interest rates. Greg McKenna, chief market strategist at AxiTrader, said: “Forex traders remain nonplussed about the US dollar, which... Read more
3 related articles

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