Staying Ahead of the Forex Curve Are you a Forex trader looking to stay ahead of the Forex curve in 2024? Yes! How can we do that? Forex Trends and Developments Firstly, let us focus…
Trading Outlook
Euro/Dollar Parity – Where to Now?
EUR/USD Approaches Parity: 20-Year Low This past week we witnessed the Euro at a 20-year low, briefly falling slightly below parity with the USD. However, this was short-lived as Forex traders bought the Euro across…
NFP Announcement – Forex Market Reaction
In anticipation of last Friday’s NFP announcement (Non-Farm Payroll), many traders were sidelined for most of the week. Many were holding back just in case of a surprise of another whipsaw like we experienced last…
Will May Be Grey?
USD Expectations for May As we plunge into May, the (DXY) US Dollar Index continued to surge to its highest level since May 2020. We are now at the highest level against all other major…
US Dollar Bulls Rally
The US Dollar bulls rally as prospects of a possible interest rate hike continue. As the conflict in Ukraine worsens and Russia continues its invasion, risk-off sentiment flows to the haven of the USD. Although…
Russia and Ukraine – Keep Calm and Trade Forex
All Eyes on Russia and Ukraine The final stretch of the February calendar looks to be less active than the first few weeks of the month. We expect to hear some low-key Federal Reserve policymaker…
Will the Markets Implode?
Your guess is as good as ours, but the feeling right now about the markets is certainly not a comfortable one. Markets Brakes Slammed Just as it looked like the markets were getting back on…
Has Forex Volatility Returned to the Market?
2022 has been an exciting year for Forex volatility year so far, with volatility ramping up as January progressed, and there has been no real slow down entering February. As this month rolls on, the…
USD Dollar Bulls Pump the Brakes
Let’s look at what has transpired since last week and what’s pumped the brakes on the USD dollar bulls. Since the Fed announcement a week ago, the US Dollar index (DXY) is down over 1%…
Forex Trading in 2022
What do we look forward in Forex trading in 2022? Forex is globally the most traded market. Bank of England shared a semi-annual FX turnover survey report, according to which in April 2021, the daily average…
