NFP To Set The Tone This Week In the first quarter of 2018, the greenback was able to regain some lost ground. The question by traders now is if the USD recovery is going to last…
Posts By Hassan Maishera
Loonie Tumbles as Canada Releases Weak GDP Report
Negative GDP Causes Loonie to Plunge The Canadian dollar fell against most of its competitors as Canada released a GDP fall of 0.1% for January as housing sales drop. Tuesday: Aussie Tumbles As Trade War…
Forex Weekly Outlook: Trade Fears Ahead of Good Friday
Final US GDP to Be Released Ahead of Good Friday Ahead of Good Friday and Easter, politics is set to majorly influence the movement of currencies while we also have the final US, UK, and…
Greenback Fails to Impress as Dot Plot Brings No Changes
Dot Plot Fails To Bring Any Changes The Greenback started the week on a high note but dropped due to the disappointing dot plot. The FOMC “dot plot,” is part of the Fed’s Summary of Economic…
Forex Weekly Outlook: All Eyes On Fed Decision
Fed Decision Conference Highlight of the Week The Fed decision and the first press conference by new Fed chair Jerome Powell will head the events of the week. It is expected that the issue of…
JPY and CHF Take Advantage of Trade War Jitters
Trade War, White House Drama The British Pound and the Japanese Yen post strong wins this week as the White House drama and a couple of mixed data affected the USD dollar growth. Tuesday 13th…
Greenback Records Broad-Based Gains
Greenback Recovery The greenback recorded positive gains against most of its major competitors this past week. Other big movers have been the Yen and the Kiwi. Let’s see the week in review: Monday, Feb. 5th USD…
U.S Hiring Surges with Annual Wage Growth Strongest Since 2009
Positive NFP Wage Report The U.S job growth went up in January with wages also going up. The surge in these data is their largest annual gain in more than 8-1/2 years and increases expectations…
Comdolls Hold Gains Against the Greenback
Comdolls Strength The greenback has so far performed poorly against its major contenders especially comdolls like AUD and NZD. Let’s review a quick trading recap of the week’s events so far: Monday 22rd Jan. 2018.…
The Loonie Rises Ahead of Potential Rate Hike
Loonie Rises vs Weaker Greenback Ahead Of Potential Rate Hike The Canadian dollar has been experiencing growth against some major currencies as analysts and traders expect another hike for the third time in this cycle.…
