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…
Market Commentary
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 and Comdolls to Gain from Strong NFP Report
Greenback and Comdolls Strengthen The NFP data released on Friday was crucial in aiding the greenback record gains last week. That report hasn’t had any effect on the currency so far today as EUR/USD and…
USD And CAD Affected As Trade Tariff Talks Continue
The Greenback and the Loonie recorded some losses this week as the issue of trade tariff talks between the two countries and Mexico continues. Monday 5th March: Trade Tariff Talks Affect Loonie Despite Oil Price…
Greenback Gets Boost From FOMC Statement
Greenback Gains The greenback recorded positive gains against most of its competitor so far this week after a positive USD statement from the FOMC on Wednesday. Monday 19th Feb. London session Recap Cable took a…
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…
