Review of the week 10th-15th July 2017. Last week was supposed to be a strong week for the USD but instead, it turned into a devastating one for the greenback currency. For example, check out…
Market Commentary
GBP, CAD, EUR, USD Fundamental and Technical Forecast
Political Factors Lower GBP The GBP/USD hit a low of 1.2635 after the parliament election in the UK. While no party has an absolute majority, the Conservatives could continue governing. With 318 seats, May’s Tories…
Upcoming Forex Volatility Detected – Heavy Data Week | GBP, USD, EUR Outlook
USD Tight Range; Volatility Pending The USD was stuck in a tight range this past week and it staged reversal threat. Monday is a holiday in the United States which means that the markets are…
Fed Rate Hike & The Trend of Dollar Strength
The Fed minutes released on Wednesday indicated without any doubt that the US central bank remained on track for more rate increases as the year unfolds. In fact, most of the FOMC members want a…
Volatility on the Cable, USD Rebound
The USD Index has tanked all week but especially today during the early hours of the European session on Thursday. The Cable was one of the biggest winners against the Greenback initially, touching a new…
USD, Euro React To NFP, French Election. What’s Next?
NFP April Review: US Jobs Bounce Back Sharply The NFP official data for April was released and it came out much better than initially anticipated. This is an indication that the precious month’s discouraging data…
France – Election Day Round 1. Euro Up or Down?
France – Election Day Sunday April 23 is D-Day for France as French voters cast their ballots in the presidential elections. Regardless of the outcome, the results are bound to have a significant impact on…
USD Roller Coaster – Where Next?
The USD continues its roller coaster after Wednesdays’ commentary by U.S. President Trump as he expressed his preference for a weaker Greenback. USD Index Last Monday and Tuesday we saw the USD trending lower against…
What If The USD Rally Is Ready For A Slowdown?
USD Rally Ahead Of Big Events NFP & FOMC Although the data was limited in the U.S. session today, the USD rally continues for now as the markets anticipate a Fed rate hike on March…
Hawkish Fed, Greenback Soars
Hawkish Fed The Greenback strengthened in response to President Trump’s address to congress, and now investors are moving on to the next big thing; Fed speakers and a possible rate hike for March. Our Forex…
