Ms. Yellen Reveals Her Powers – Greenback Rises The Greenback found the impetus to stand up straight on Friday after Fed chairman Janet Yellen’s frank and positive statements about the US economy at Jackson Hole. Traders…
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Focus On The Greenback
Forex Roller Coaster Ride
Greenback Roller Coaster The past weekend and on into Monday, we saw the USD strengthen as Fed Vice Chairman Stanley Fischer’s positive remarks about the US economy and inflation targets prompted speculation of a rate…
FOMC Minutes – Dovish or Hawkish
Experienced Forex Traders Keep An Eye On FOMC Eight times a year, the Federal Open Market Committee (FOMC) meets to discuss employment, interest rates, and other topics related to the economic health of the United…
What’s After The August Forex Snooze?
After The August “Snooze,” What’s Ahead For Forex? Traditionally, this time of the year, volume and volatility is down substantially, as Forex traders take advantage of the summer break. Of course everyone is glued to…
Focus On The Cable: Surprising Recovery – August 2, 2016.
Cable’s Surprising Recovery The cable strengthened 1.4 percent in today’s trading. The Bank of England (BoE) delivers its 2nd post-Brexit interest rate decision on Thursday May 4th. Some investors speculate that policy makers will disappoint…
How Much Lower Can The GBP Go?
The GBP which posted its third consecutive monthly drop against the USD in July, has continued to weaken against every single one of its major peers since May this year. Brexit came and went like a…
USDollar Index Surges To Highest Level Since March 2016
This past week we have seen a surge of the USDollar bulls as the USDollar Index surges to its highest level since March 2016. The EURUSD is struggling for the past few days to break…
The Carry Trade Returns
The Carry Trade – Back With A Vengeance. Now that the markets have settled down after the Brexit storm, the Carry Trade that featured so prominently a few years ago looks like it could be…
Guidelines for Choosing a Forex Broker
Forex is the largest financial market with trillions of dollars traded on a daily basis. Every trader, whether experienced or newbie requires a good Forex broker. With a number of brokers available today, and a…
Greenback Rallies as the Yen Drops and GBP Attempts to Rebound
Greenback Rally The Greenback keeps gaining in the wake of rising U.S. stocks and a strengthening US Dollar Index. Last Friday’s US Census Bureau reports showed a better than expected rise in retail sales rose…