Fed Week – Don’t Be Caught Off Guard The US policy statement out later this week is once again high on the priority list for discussion by Forex traders. Almost every Fed watcher and savvy…
Market Commentary
Greenback Stressed, Cable Soars
Greenback – Feeling Stressed? Tuesdays US non-manufacturing PMI release was much worse than expected and within seconds, the effects were felt as the USD fell hard against its major peers. Will this place a hold…
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…
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…
The Carry Trade Returns
The Carry Trade – Back With A Vengeance. Now that the markets have settled down after the Brexit storm, the Carry Trade that featured so prominently a few years ago looks like it could be…
Central Banks Decisions Uneventful, Forex Reacts
Forex Reacts to Central Banks The past couple of days has seen several central banks coming together, and then deciding not to change a thing. The FOMC left rates unchanged yesterday, as did the Bank…
Weak U.S. Jobs Report And How It Affects The Greenback
There are many indicators that can be used as proxies for gauging the economic growth of a country. These measures range from the Consumer Price Index to GDP to Jobs Reports (Employment Reports). Non-Farm Jobs…
Update on the BOE’s “Super Thursday” and Outlook for the Sterling and Greenback
Today’s Bank of England events – when the BoE released its rate decision, meeting minutes, and Quarterly Inflation Report, earned today the title of a “Super Thursday”. In reality, it wasn’t such a “super” day…
The Sterling Anticipates “Super Thursday”
The Sterling has been steadily weakening since peaking at its year high of 1.4769 against the Greenback on May 3rd and previously we did not see the Cable at that level since December 31, 2015.…
Forex Trading – Be Flexible
A week ago, the dollar fell against the Euro; today the Euro erased almost all of the Greenback’s previous gains as the US Dollar also slid against the commodity pairs Despite the Doha talks failure…
