Safe-Haven As traders look to safe-haven currencies, the USD, Japanese Yen, and Kiwi Dollar were the benefactors of today’s bearish market sentiment. Covid fears grip the markets once again as the Delta variant weighs in…
Market Commentary
Greenback Shines In Light of Strong Economic Numbers
The greenback performed excellently against other major currencies this week thanks to good economic numbers.
Greenback Under-Performing Against Major Competitors
Greenback Declines Against EUR and GBP The greenback has largely underperformed this week, losing against other leading currencies such as the EUR and the GBP. US Dollar on the Decline The US economy performed excellently…
January Trading Recap and Non-Farm Payrolls
Forex Signals Recap – January Here are a few of our best-performing trades from January 2021. To view all of our past trade results, please visit our website. Non-Farm Payrolls Disappoint The US Non-Farm Payrolls…
Brexit No-Trade Deal Continues to Affect Financial Markets
Brexit Crisis Affects the Forex Market The continued Brexit crisis affects the Forex market and saw the British Pound emerge as the biggest loser last week. GBP Suffers From Brexit Uncertainty The Pound was the…
Yen Performs Well as Rising Covid-19 Cases Push Investors to Safe-Haven Currencies
Yen leads the pack The JPY is the top performer last week as risk aversion continues in the market, with the rising number of Covid-19 cases pushing investors to seek the safe-haven currency. Yen performs…
GDP Figures Dominate Week
Last Week’s Update and GDP Events The United States, Canada, and leading Eurozone economies, Germany and France, are to release their latest GDP figures this week. Japanese Yen Leads in a Quiet Week for Major…
Yen and Aussie Lead the Way
Yen and Aussie The Japanese Yen and the Australian Dollar performed excellently against the majors as the Coronavirus pandemic continues to affect the global economy. JPY Outperforms Again While the Yen and Aussie lead the…
August – Is The Forex Market On Vacation? 3 Tips To Help You Succeed
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…
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…
