“Brexit Fears” Affecting The Cable (GBP) After the long Memorial Day weekend in the US and some banking holidays around the world a lackluster start to the week with a show of strength earlier in…
Trading Outlook
Forex Traders – Time To Enjoy The Weekend
Seasonal Dollar Strength Slowdown Before The Long Weekend Historically, the Greenback has rallied during the month of May for 9 out of the past 10 years. This month has not been an exception as a…
Volatility Mounts As All Eyes Are On The G-7
Volatility Mounts As All Eyes Are On The G-7. This promises to be an interesting few days with some market moving announcements across the board, but especially toward the end of the week with Day…
Are The US Dollar Bulls Back?
Friday’s Non-Farm Payroll data disappointed with 160,000 jobs created in April, 48,000 less jobs than the expected 202,000. On the other hand, the unemployment rate remained steady at 5%. Although the most recent FOMC release on…
Forex Market Volatility – Now For The Good News
US Job Reports – Will The Market Even Care? These days there are so many distractions and events affecting a diversity of financial zones that it seems like the US Jobs Reports which is scheduled…
Big Week Ahead For Central Banks and Data
The stage is set this week for groundbreaking Forex action as the Federal Reserve announces its latest monetary policy decision on Wednesday. While it is extremely unlikely we will see a rate hike, we will…
Is The USD Back From Vacation?
After almost 18 months of a surging Greenback, it seemed as if the USD took a vacation from its climb the past few weeks and we wondered if perhaps the US Dollar reign had ended.…
Major Economic Events To Watch | Trading Forex: April 4-8, 2016
Overall, the markets woke up this weekend to lackluster movement and lack of direction. While we saw some initial USD strength against the Euro and Swissy, the market zig-zagged back to its starting point by…
The Markets Scramble For Direction Once Again
A full weeks advance by the USD was stopped in its tracks during the US trading session on Monday as low liquidity caused by the Easter long weekend affected the Euro zone and Australian markets.…
Forex Market Sleeping During Easter Weekend, But It Will Wake Up To Volatility
Major stock markets are closed for Easter weekend in the US, UK, Canada, much of the Euro Zone and other countries. Although the Forex market is open, it is pointless and can be dangerous to…