Dollar Bulls The USD bulls came out to play today as the Greenback rallied against all major currencies for its biggest advance after 3 weeks of bearish trading. Euro, Pound The Euro weakened due to…
Market Commentary
Mixed Jobs Report Results In More USD Weakness
Jobs Report The U.S. added 52,000 jobs more than expected on this first Non-Farm Jobs report (NFP) release since the inauguration of President Trump. The jobless rate in the U.S. is down to a low…
US Dollar Weakness & The Peso Factor
US Dollar Weakness We side-swiped the U.S. Dollar weakness concern yesterday and focused on the EUR/JPY. Check out our signal which was sent to our clients all over the world. But we can’t avoid…
Trump Says, May Says & The Market Moves
Trump Joins Market-Mover Elite Ms. Janet Yellen. Ms. Theresa May. Mr. Mario Draghi. Mr. Mark Carney. Mr. Donald Trump. What do these high-powered names have in common? They all wield the power to move the…
Slow Trading Ahead Of 2017 | Forex On Vacation
As expected during the last week of the year, Forex liquidity is spread thin and we are mostly seeing tight ranges and small movements across the board with all the major Forex pairs. The only…
Forex Trading – December Seasonality
Over the years the Forex market has picked up specific patterns specific to each month of trading, as if each month of the year has a sort of Forex personality. For example, previously we wrote…
EURUSD Parity – Euro Slumps While The Greenback Trumps
Will The EURUSD See Parity Before 2017? The elusive EURUSD parity; we have not actually seen a 1:1 ratio between the EUR and the USD since 2002. Recent market movement has put this prospect on…
NFP Outcome and Election Rumors
NFP Outcome Although the outcome was worse than expected, the Greenback initially strengthened as the Non-Farm Payrolls reported showed an increase of 161,000 jobs for October, suggesting an increased possibility for a Fed interest-rate hike…
GBP/USD – Drip, Drip Down
GBP Stumbles To A New Low Not since 1985, that’s over 31 years ago, have we seen this kind of weakness in Cable. I don’t believe anyone including all the analysts had any idea the…
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…