Uncertain Dollar Outlook Until now, investors have received Donald Trump’s surprise victory with the biggest stock rally seen for any new President-Elect. Meanwhile, Morgan Stanley warns us of a “more uncertain and volatile outlook” for…
Trading Outlook
US Dollar Bulls Trading Strong
US Dollar Bulls Still Strong The Greenback traded higher on Monday as the US Dollar Index came close to retesting the 14 year high of 103.56 on December 15th. This is as expected after the…
Greenback Drops Ahead Of FOMC
Why Did The Greenback Drop Today? The Greenback dropped across the board against the USD majors as the market spooks ahead of the much-anticipated Fed meeting upcoming on Wednesday. Although since September, and especially since…
USD Index Lowest Level In 11 Days
USD Index The USD Index, used to measure the overall strength of the Greenback against a basket of other currencies, paused its post-election rally and reached its lowest level in 11 days after skyrocketing over…
Euro Fights Back, Yen Hits 6 Month Low and Dollar Still King
EURUSD – 10 Day Decline The big question as the market reopened on Sunday night is – “can this continue?” Surely by now the Euro must be oversold. Every technical indicator is telling us that…
After The Election Storm – What’s Next For Forex?
The Forex Week Ahead After much turbulence in world financial markets this past week, we look ahead to the first full week of Forex trading with the US Presidential elections in the rear-view mirror. Commodity…
Forex Volatility Alert | Election Day Trading Uncertainty
Election Day – November 8, 2016 Election Day is here and uncertainty reigns supreme as we advance into what is being though of as the most significant trading day since the UK cast its Brexit…
Greenback Volatility On The Radar
Greenback Edges Lower Today the Greenback skirted lower against the other major currencies as we edge toward the final days of a combative U.S. presidential campaign. Forex traders and investors also weigh in on the…
Dollar Hawks Hovering Above Dollar Bulls
Hawkish comments about a 2016 interest rate increase from San Francisco Fed President John Williams last Friday fueled a USD buying spree across the USD majors. Other central bank officials, including William Dudley, New York…
Big Events Dominate Forex – Volatility On Horizon
Big Events In The Forex Week Ahead We should expect some market volatility again as the week progresses. Even though there is a slew of announcements and as usual the end and the start of…
