USD Last week was a rough one for the USD pairs; trading higher at the beginning of the week due to the CB consumer confidence index which rose from 120.7 to 122.9 in August, a…
Market Commentary
Event Preview: U.S. NFP Report (Aug)
NFP – September 1, 2017 Tomorrow promises to be a very exciting day for most forex traders and investors. At exactly, 12:30 pm GMT, the US non-farm payrolls (NFP) will be released and this implies…
Will the USD Rise Come September?
Forex Review – September Around The Corner Euro The forex trading week has ended and it is now time to take a look at the updates from the major currencies around the world. The euro was…
Major Forex Currencies – Week In Review
Forex Trading In Review It is time to see at how the major currencies performed during the past Forex trading week. Were you able to profit from any of last week’s top movers? Sterling The…
Forex Market Sending Mixed Signals
Forex Update – Mixed Signals The markets have been up and down the past week and a half as it deals with seasonal lack of liquidity mixed with political and economical events. Japanese Yen Last…
EURUSD Trims Losses Post-US Releases, Trading Near 1.1740
EURUSD After today’s session which included releases in the US docket, the EURUSD made an attempt to rebound from the earlier fall from 1.1689. The pair’s last daily upside was near 1.1818. The spot index for…
Dollar Bulls Restrained Despite Positive Data
Political Tensions Trump Positive Economic Growth The US dollar received some much needed support at the latter end of last week from the better than expected pace of economic expansion. US GDP grew by 2.6%…
FOMC Commentary, Dovish USD Rises
FOMC Commentary The Federal Open Market Committee’s announcement shocked no one after it was announced that they would hold the main overnight benchmark rate into a range of 1.00-1.25%, as was priced into the market…
Sinking Greenback, Is There Hope?
Greenback – Any Hope? There was no hope yet for the dollar bulls in last week’s trading session. The Republican Senate were unable to pass a new health care bill and this lead to the…
EUR/USD Analysis
EUR/USD Volatility The euro started the week strong as the ForexSignal trading team sent a signal to buy the EURUSD at 1.1476 on July 17th. The pair reached all three of its take/profit targets on…
