Greenback – 2018 Weak Start for January The first day of trading in 2018 (Jan 2nd), the USD plunged to its lowest in more than three months, with the currency affected by market expectations which…
Trading Outlook
Expectations for Forex in January 2018 and Beyond
2018 Expectations The Forex market was full of activities this year as political situations in the U.S, the UK and the rest of Europe affected the price of major currencies. Let us see what the…
Brexit Deadline Set for January 2021
Brexit Deadline Set for January 2021 On Wednesday, the EU announced that they don’t want the transition period after Brexit to exceed the last days of 2020. This date coincidently matches the date that the…
ECB Raises Inflation and Growth Forecast, Fed Raises Rates
ECB Meeting During its meeting on Thursday 14th December, the European Central Bank decided to increase both its growth and inflation forecasts for the Euro. The bank, however, decided to stick to its commitment to…
Forex in December – What Currency Traders Should Know
Just like November, forex trading in December will be calm, with no major shocks or surprises. The main event in December will be the fed reserve meeting. FOMC Meeting: Interest rates likely to be hiked…
EUR/JPY Signal, Strong GBP Trend
Strong Trends During Asian Session JPY The latest security issues in North Korea has affected stocks in Asia, though the Japanese Yen soon stepped up to recover most of its initial losses. The pair of…
Markel, Barnier – November 20-24, 2017
Merkel fails to form coalition as FDP pulls out of talks The biggest story of the day comes from Germany, with Angela Merkel failing to put together a coalition government. This came about after the…
Forex Week of November 13-17, 2017
November 13 – Trading Session A quick recap of today’s trading session along with events to look forward to if you are trading Forex in the week ahead. ECB’s Constâncio Speaks There wasn’t much activity…
GBP, Euro Struggle Amid Political Tensions
GBP, Euro Last week’s political tensions in Spain and Brexit issues in the U.K. adversely affected the performances of both the euro and pound as the greenback surged ahead of its competitors. GBP Comeback After…
Greenback Strengthens, Sterling Weakens
The USD soared high today as the country’s treasury yields hit its highest level since July this year and due to expectations that the US Federal Reserve is considering increasing their interest rate for the…
