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…
Market Commentary
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…
Euro Continues to Slip against Major Competitors Amidst Italy’s Political Turmoil
Political Turmoil in Italy and Spain Causes Euro Slump Italy and Spain have been embroiled in political turmoil over the past week and this has led to the euro recording losses over its major trading…
Dollar Dips as FOMC Minutes Causes Disappointment
FOMC Minutes Help Push Dollar Lower The USD had a rather average week at best before the FOMC minutes were released on Wednesday, which helped send the currency tumbling even lower. Despite all that, it may…
The Greenback Performs Excellently Despite Weak Retail Sales
Weak U.S Retail Sales Report Didn’t Deter the U.S Dollar The greenback performed excellently thus far this week despite the weak retail sales report published on Tuesday. Monday, May 14: Dollar Rebounds, Euro Dips on…
