Greenback Gains The greenback recorded positive gains against most of its competitor so far this week after a positive USD statement from the FOMC on Wednesday. Monday 19th Feb. London session Recap Cable took a…
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Greenback Gets Boost From FOMC Statement
Greenback Records Broad-Based Gains
Greenback Recovery The greenback recorded positive gains against most of its major competitors this past week. Other big movers have been the Yen and the Kiwi. Let’s see the week in review: Monday, Feb. 5th USD…
U.S Hiring Surges with Annual Wage Growth Strongest Since 2009
Positive NFP Wage Report The U.S job growth went up in January with wages also going up. The surge in these data is their largest annual gain in more than 8-1/2 years and increases expectations…
Comdolls Hold Gains Against the Greenback
Comdolls Strength The greenback has so far performed poorly against its major contenders especially comdolls like AUD and NZD. Let’s review a quick trading recap of the week’s events so far: Monday 22rd Jan. 2018.…
The Loonie Rises Ahead of Potential Rate Hike
Loonie Rises vs Weaker Greenback Ahead Of Potential Rate Hike The Canadian dollar has been experiencing growth against some major currencies as analysts and traders expect another hike for the third time in this cycle.…
Yen Strengthens Against Dollar as BOJ Tapering Talk Progresses
Monday 8th of January: Dollar Weakens Against Yen after BOJ Move. The USD is having a bad week compared to most of the major currencies in the market. The surprising move made by the Bank…
NFP Experiences Slow Growth in December 2017.
Last Friday’s NFP report reveals there was a slow growth in U.S jobs for December 2017 as retail employment declined across the country as the labor market nears full employment. The NFP Results. The Nonfarm…
Greenback Weak Start to 2018
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…
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…
