Greenback And Commodity Pairs Rally The US jobs report last Friday was typical of what we have come to expect from the monthly NFP announcement. Expectations for an increase in the labor rate were much…
Trading Outlook
Central Banks Accelerate Market
Central Banks – SNB and BOE Today the Swiss National Bank (SNB) announced that they would be keeping its expansive monetary policy unchanged. The Bank of England (BOE) also decided to leave rate changes on…
Greenback Soars, Euro Back Under Pressure
The Comeback Buck Last Friday’s FOMC chair Janet Yellen’s hawkish remarks were a game changer for many traders who were sidelined waiting for some clearer direction. The Greenback has made a major come back across…
Focus On The Greenback
Ms. Yellen Reveals Her Powers – Greenback Rises The Greenback found the impetus to stand up straight on Friday after Fed chairman Janet Yellen’s frank and positive statements about the US economy at Jackson Hole. Traders…
What’s After The August Forex Snooze?
After The August “Snooze,” What’s Ahead For Forex? Traditionally, this time of the year, volume and volatility is down substantially, as Forex traders take advantage of the summer break. Of course everyone is glued to…
How Much Lower Can The GBP Go?
The GBP which posted its third consecutive monthly drop against the USD in July, has continued to weaken against every single one of its major peers since May this year. Brexit came and went like a…
Greenback Rallies as the Yen Drops and GBP Attempts to Rebound
Greenback Rally The Greenback keeps gaining in the wake of rising U.S. stocks and a strengthening US Dollar Index. Last Friday’s US Census Bureau reports showed a better than expected rise in retail sales rose…
Trading the Sterling, Yen, & Greenback
The Brexit vote has changed the finance world drastically. What’s ahead for the sterling, yen and greenback? The Sterling – Still A Sinking Ship? In response to the Brexit vote, many companies and investors are…
Trading Forex In the Brexit Aftermath
Volatile Market Conditions Seen After Brexit Vote UK’s vote to exit the Euro zone on June 23rd, caused an extremely volatile Forex market. In fact, volatile is an understatement – it was more like a seismic Forex…
Fast And Furious Brexit Week
Brexit – EU Referendum Polls Open On June 23rd. The polls conducted by various newspapers, media and websites have a neck-to-neck battle. The murder of MP Jo Cox has altered the polls by 5-7% in…