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.…
Market Commentary
Yen Strengthens Against Dollar as BOJ Tapering Talk Progresses
Monday 8th of January: Dollar Weakens Against Yen after BOJ Move. The USD is having a bad week compared to most of the major currencies in the market. The surprising move made by the Bank…
NFP Experiences Slow Growth in December 2017.
Last Friday’s NFP report reveals there was a slow growth in U.S jobs for December 2017 as retail employment declined across the country as the labor market nears full employment. The NFP Results. The Nonfarm…
ECB Raises Inflation and Growth Forecast, Fed Raises Rates
ECB Meeting During its meeting on Thursday 14th December, the European Central Bank decided to increase both its growth and inflation forecasts for the Euro. The bank, however, decided to stick to its commitment to…
NFP Data: Payrolls Increase As Unemployment Rate Remains Unchanged.
The distortions from the hurricanes have begun fading away as the Nonfarm payrolls increased by 228,000 jobs for November. November NFP data shows positivity in all areas. Apart from the positive Nonfarm payrolls that increased,…
Markel, Barnier – November 20-24, 2017
Merkel fails to form coalition as FDP pulls out of talks The biggest story of the day comes from Germany, with Angela Merkel failing to put together a coalition government. This came about after the…
Forex Week of November 13-17, 2017
November 13 – Trading Session A quick recap of today’s trading session along with events to look forward to if you are trading Forex in the week ahead. ECB’s Constâncio Speaks There wasn’t much activity…
USD, EUR Trading Recap – October 26, 2017
USD There wasn’t much action today in the Asian session with only the greenback making a significant mark on the market. This was due to the likely announcement of the Fed chair by President Trump.…
Forex Weekly Recap – October 23, 2017
Asian Session Recap The major event that was discussed during the Asian session this morning was the victory of Liberal Democratic Party (LDP) Shinzo Abeâ who became the PM of the country after winning a…
Asian and London Session Recap – October 19, 2017
Asian and London Session Events It was hectic trading during the Asian session today with factors such as New Zealand politics, China’s data dump and and Brexit. Before the session began, China released its retail sales, industrial…
