Yesterday, the Euro begin to slowly unravel last week’s gains against the USD as it reacted to Mario Draghi’s comments on where he saw the markets moving. We see “Super Mario” to the Euro Zone…
Market Commentary
Another Typical “Jingle Bells” Slow Trading Week Ahead
Forex Trading Outlook: December 21-28, 2015 It’s looking like another typical “Jingle Bell” slow week ahead. The week ahead of the Christmas weekend is traditionally one of the most illiquid and slowest trading weeks of…
Forex: Is The “Smart Money” Still Looking To The Fed?
Forex – Dollar Bull Run To Continue? The ECB (European Central Bank) rate decision last week gave the EUR/USD a rocket-like boost, catapulting it almost 400 Pips in a few hours. The Euro has not seen…
US Dollar – Still King?
How much further can the US Dollar go? In earlier articles I admitted my bias towards a continuing strong Dollar. That said, I also understand the need to have an open mind to all factors and…
Fed Rate – no change, big reaction.
Thursday September 17th is a historic day as the market reacted in a big way to no change whatsoever to the Fed rate decision. The Fed announced it would be holding it’s benchmark Fed rate…
The Running of the Dollar Bulls
The running of the Dollar Bulls; is it still going? A week ago I wrote that my view as regard a strengthening dollar was definitely on the charts. Friday’s USA job report missed the estimated…
US Dollar Sentiment
Several weeks ago, after the latest NFP report we wrote that the US Dollar’s run if anything should gain momentum. In the weeks following it certainly did just that. This past Monday was truly pandemonium…
Low Volatility, Range Trading, Slow Market
As usual, the market slows down in August and we have yet another week with low volatility in the Forex. Read FXCM’s suggestion on how to handle the low volatility and more info about the…
Forex Volatility Expected
This week we will see a few “medium” and “high” alert economic releases, which will likely cause volatility that will help the EURUSD, GBPUSD, or USDJPY break out of their recent ranges. Especially for the…
FOMC – After The Meeting, What’s Next.
We saw a modest climb in the USD after FOMC issued a statement that confirmed expectation of an increase in interest rates later in 2015. This did no seem to affect the prices of commodities,…
