Asian and London Session Events It was hectic trading during the Asian session today with factors such as New Zealand politics, China’s data dump and and Brexit. Before the session began, China released its retail sales, industrial…
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Asian and London Session Recap – October 19, 2017
Greenback Surge, Anticipation of Fed Meeting
Greenback Surge The greenback strengthened today as the the country’s index of business conditions rose to its highest level since 2014. The likely catalyst for this is the Federal Reserve meeting which is slated to…
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…
London Session Recap – Forex Report October 5, 2017
London Session Currency Performances The London session today was intense and these are how the currencies performed. GBP The sterling performed poorly against its major competitors today. What caused this is still unknown but financial…
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…
US Dollar Trading Higher on Hawkish Outlook
US Dollar Strengthens The Greenback was pushed ahead today against its major counterparts after William Dudley, New York Fed Reserve President, hinted toward a rate hike in the USA before 2018. Euro The euro especially…
Fed’s “Great Unwinding” Lifts Dollar
The “Great Unwinding” The signs that the US Federal Reserve will hike interest rates for the second time this year and the process termed as the ‘Great Unwinding’ of the past decade sent the bonds…
Forex Signals Giveaway
Our first ever ForexSignal giveaway. Your chance to win one month free Forex Signal services. All you need is to add your contact information* to our sweepstakes, and hope for the best. Increase your chances of winning by…
Bouncing Forex Pairs; Best and Worst Performers
The Best and Worst The forex week has begun again and there is some exciting news about the best and worst performers coming out of the London and Asian sessions. GBP The British sterling turned out…
London Session Recap: GBP Skyrockets on Hawkish BOE Statement
GBP Strength The GBP skyrocketed late in the London session due to the BOE’s upbeat assessment and preview of the UK economy. The outlook points towards a possible hike if the UK economy continues the…
