Greenback Soars – Best Performer of the Week The Greenback soars into the new week and could look to maintain top position as Powell is expected to speak later this week. The US Dollar Leads…
Forex News
Kiwi Takes Top Spot Amidst Incoming Rate Hike Rumors
Kiwi Outperforms Other Major Currencies This week, the New Zealand dollar (Kiwi) was the top performer as speculations arose that the Reserve Bank of New Zealand could increase rates soon. Kiwi Top Performer The New…
Covid Fears Increase, Safe-Haven Demands Surge
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…
US Dollar Rallies; Gold, Crypto and Oil Prices Declining
US Dollar Performs Excellently The greenback performed excellently last week despite the massive decline in prices in the cryptocurrency markets and other commodities like oil and gold. Greenback Outperforms Other Major Currencies The US Dollar…
Swiss Franc Endures a Tough Week
Swiss Franc Loses Value Against Major Competitors The Swiss Franc (CHF) was one of the underperforming currencies in the world this week, despite the intervention of the Swiss National Bank to keep the value of…
Coronavirus Outbreak and Oil Price Decline Affects Major Currency Prices
Coronavirus Outbreak Sees the USD Slide and then Rally The US Dollar and other major currencies have been having a tough couple of days due to the harmful economic effects of the Coronavirus pandemic and…
Pound Sterling Dominates November as Brexit Talks Take Center Stage
Brexit Talks Push Pound Sterling Higher The UK is set to hold its general elections on December 12, with analysts expecting it to play an essential role in Brexit talks, which has helped push the…
September – FX Trading “Let The Games Begin!”
September Fx Trading – Let the games begin! September 1 – 15 Forecast For Forex traders, Institutional and large fund managers in the European and USA markets September is “back to school” and business as…
NFP Misses Market Expectations as Greenback Posts Mixed Performance
NFP below Market Expectations Analysts had expected job increase in July to be around 190,000, however, only 157,000 was achieved. Unemployment rate and average hourly earnings meanwhile performed according to market expectations. Tuesday, July 31:…
Dollar Up on Powell Remarks, Reverses on Trump’s Comments
Mixed Performance for the Greenback The USD experienced mixed performance this week as it went up following Powell remarks before reversing its gains on Trump’s comments. Tuesday, July 17: Dollar Rallies on Powell’s Remarks, GBP Falls…
