Forex Trading During The August Lull Of course there are plenty of opportunities to trade very month, even slower months like August. Our Forex Trading Team has been closely monitoring the Forex market and is ready…
Market Commentary
Fed’s Interest Rate Cut Dominate Discussion, US Dollar is the Best Performer in July
US Dollar Outperforms Other Major Currencies The Greenback outperformed the other major currencies in July. Let’s review July’s trading: In the first week of July, the USD outperformed the GBP by 1.7%, and the GBPUSD…
The US-China Trade Negotiations Continue To Paralyze The Currency Market
US-China Negotiations Affect The Global Economy The currency market has paralyzed over the past few months, primarily due to the ongoing trade war and talks between the two leading economies in the world, the United…
Range-Bound Trading Dominates Forex Market, USD Set For A Big Move
USD To Make A Big Move Despite Recent Market Performance The forex market has been trading in a range-bound manner recently. However, the USD is primed to make a big move over the coming weeks…
USD Boosted by Rising 10 Year Yields and Strong Data
USD Boosted by 10 Year Yields Rise October has started off quite well for the market. The USMCA agreement has set the tone for a positive atmosphere in the market at the start of the month…
September – The Most Lucrative Month in Forex
September is the Forex “New Year” For several years, the forex market has been studied by experts and analysts and it is usually established that the forex market tends to move in fairly predictable patterns….
Euro Experiences Mixed Performances Amidst Turkey, Italy
Mixed Performances for EURO in August August has been a climactic month for the Eurozone currency. It has recorded gains against the U.S Dollar, Yen and a host of other currencies after mediocre performances over…
Dollar Dumped to 3-Week Lows as NFP and Unemployment Rises
USD Suffers Despite NFP Job Data Rising The greenback sustained losses against most of its pairs on Friday following the release of the NFP job data which saw a job increase of 213K in June…
Greenback Performs Excellently, Boosted By Increase in Retail Sales
Strong U.S Retails Sales, Greenback Soars The greenback recorded gains this week, with strong U.S retail sales result boosting the currency despite slowing down on Friday amidst trade war concerns. Tuesday, June 12: Greenback Posts…
Loonie Dips Amidst Oil Prices Slump and NAFTA Talks Continue
NAFTA Talks and Oil Oversupply Affect Loonie The Loonie was affected by NAFTA related talks and the issue of oil oversupply, with the currency also affected by the underwhelming PMI report Tuesday, June 5: Dollar…
