Hawkish comments about a 2016 interest rate increase from San Francisco Fed President John Williams last Friday fueled a USD buying spree across the USD majors. Other central bank officials, including William Dudley, New York…
Posts By Teri Patterson
Traits Of Successful Traders: Use Your Leverage Sword Effectively
Leverage: The Double-Edged Sword Most traders gravitate to Forex because of leverage; the power to control a trading position that is much larger then your available funds. Leverage is the vehicle which allows the ordinary…
Peso, Canadian Dollar Strengthen; Euro Falls
The Mexican peso and Canadian dollar felt renewed confidence as both currencies gained against the Greenback in response to the televised presidential debate. Both currencies have close trading connections to the US and are linked…
Central Banks Accelerate Market
Central Banks – SNB and BOE Today the Swiss National Bank (SNB) announced that they would be keeping its expansive monetary policy unchanged. The Bank of England (BOE) also decided to leave rate changes on…
Beginners Guide: Trading The Forex Commodity Pairs
Trading The Majors and Commodity Pairs Have you ever been hiking and noticed markers on the trees indicating the route of the trail? Sometimes the trail is so worn down with hikers that you don’t…
Focus On The Greenback
Ms. Yellen Reveals Her Powers – Greenback Rises The Greenback found the impetus to stand up straight on Friday after Fed chairman Janet Yellen’s frank and positive statements about the US economy at Jackson Hole. Traders…
Forex Roller Coaster Ride
Greenback Roller Coaster The past weekend and on into Monday, we saw the USD strengthen as Fed Vice Chairman Stanley Fischer’s positive remarks about the US economy and inflation targets prompted speculation of a rate…
FOMC Minutes – Dovish or Hawkish
Experienced Forex Traders Keep An Eye On FOMC Eight times a year, the Federal Open Market Committee (FOMC) meets to discuss employment, interest rates, and other topics related to the economic health of the United…
Focus On The Cable: Surprising Recovery – August 2, 2016.
Cable’s Surprising Recovery The cable strengthened 1.4 percent in today’s trading. The Bank of England (BoE) delivers its 2nd post-Brexit interest rate decision on Thursday May 4th. Some investors speculate that policy makers will disappoint…
USDollar Index Surges To Highest Level Since March 2016
This past week we have seen a surge of the USDollar bulls as the USDollar Index surges to its highest level since March 2016. The EURUSD is struggling for the past few days to break…
