Greenback Performs Poorly Despite NFP On Friday, the U.S saw its most significant job increase ever, 2.5 million, as the economy starts to recover following the havoc caused by the novel Covid-19 virus. However, the…
Trading Outlook
New Zealand Dollar Recovery
The New Zealand Dollar Ends the Week on a High The boost in market mood over the past week has seen the New Zealand Dollar perform excellently against a basket of other currencies. NZD Leads…
Greenback Wins Despite Disappointing Economic Data and Historical Oil Price Movement
Greenback Leads The Pack Amidst Poor Economic Data WTI crude oil near market future’s price traded in the negative zone for the first time in history, leading the U.S. Dollar to perform abysmally against its…
Canadian Dollar Recovers Following Early January Slump
CAD Sees Most Action So Far in January The Canadian dollar (CAD) has been the most active currency among the leading currencies over the past two weeks. The Chinese GDP and U.S. Consumer data will…
Euro and Greenback Lead the Pack
Greenback Expected to Gain The Euro and Greenback have had mixed trading in February so far, but overall have performed strongly and the the USD is expected to gain before the end of the month. Euro –…
Fed Rate Hike and Brexit to Dominate Forex Market this January
Fed Hike and Brexit to Dominate Headlines this Month Even though January is typically a slow month for most economies worldwide, the U.S Fed rate hike and Brexit issues are set to dominate headlines during the first…
Markets Continue to Decline as Economic Turmoil Rages on
Markets Active but Decline Continues The financial markets have been active since the start of the month but a decline that has started a while back continues. GBP Going Low as Brexit Issues Affects Economy…
Fed Decision to Affect USD End of the Year Performance
Fed Decision Highlight of the Week The USD has been performing excellently against the other leading currencies and the Fed decision would play a huge role in how the greenback will close the year. Here…
November – Economic Events to Shake the Forex Market
GDPs and Rate Decisions Over the next few weeks, the major events in the Forex market will be GDPs and rate decisions by major central banks. Let’s see what’s ahead. Market expectation The Japanese Yen was…
September Forex Market Recap: USD Ends Month on a High
USD Ends Month on a High Despite Mid-Month Slump The greenback ended September on a high note despite the currency experiencing a mid-month slump due to tensions arising from trade wars. September Market Review USD…
