USD Index The USD Index, used to measure the overall strength of the Greenback against a basket of other currencies, paused its post-election rally and reached its lowest level in 11 days after skyrocketing over…
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USD Index Lowest Level In 11 Days
Euro Fights Back, Yen Hits 6 Month Low and Dollar Still King
EURUSD – 10 Day Decline The big question as the market reopened on Sunday night is – “can this continue?” Surely by now the Euro must be oversold. Every technical indicator is telling us that…
EURUSD Parity – Euro Slumps While The Greenback Trumps
Will The EURUSD See Parity Before 2017? The elusive EURUSD parity; we have not actually seen a 1:1 ratio between the EUR and the USD since 2002. Recent market movement has put this prospect on…
After The Election Storm – What’s Next For Forex?
The Forex Week Ahead After much turbulence in world financial markets this past week, we look ahead to the first full week of Forex trading with the US Presidential elections in the rear-view mirror. Commodity…
Forex Volatility Alert | Election Day Trading Uncertainty
Election Day – November 8, 2016 Election Day is here and uncertainty reigns supreme as we advance into what is being though of as the most significant trading day since the UK cast its Brexit…
NFP Outcome and Election Rumors
NFP Outcome Although the outcome was worse than expected, the Greenback initially strengthened as the Non-Farm Payrolls reported showed an increase of 161,000 jobs for October, suggesting an increased possibility for a Fed interest-rate hike…
Greenback Volatility On The Radar
Greenback Edges Lower Today the Greenback skirted lower against the other major currencies as we edge toward the final days of a combative U.S. presidential campaign. Forex traders and investors also weigh in on the…
Traits Of Successful Traders: Patience
Perhaps the single most difficult personality trait to learn as a trader and investor is patience; the patience to wait for the right time to enter a trade, the patience to hold a trade, and…
Dollar Hawks Hovering Above Dollar Bulls
Hawkish comments about a 2016 interest rate increase from San Francisco Fed President John Williams last Friday fueled a USD buying spree across the USD majors. Other central bank officials, including William Dudley, New York…
Traits Of Successful Traders: Use Your Leverage Sword Effectively
Leverage: The Double-Edged Sword Most traders gravitate to Forex because of leverage; the power to control a trading position that is much larger then your available funds. Leverage is the vehicle which allows the ordinary…
