US Dollar Strengthens The Greenback was pushed ahead today against its major counterparts after William Dudley, New York Fed Reserve President, hinted toward a rate hike in the USA before 2018. Euro The euro especially…
Trading Outlook
Fed’s “Great Unwinding” Lifts Dollar
The “Great Unwinding” The signs that the US Federal Reserve will hike interest rates for the second time this year and the process termed as the ‘Great Unwinding’ of the past decade sent the bonds…
Bouncing Forex Pairs; Best and Worst Performers
The Best and Worst The forex week has begun again and there is some exciting news about the best and worst performers coming out of the London and Asian sessions. GBP The British sterling turned out…
London Session Recap: GBP Skyrockets on Hawkish BOE Statement
GBP Strength The GBP skyrocketed late in the London session due to the BOE’s upbeat assessment and preview of the UK economy. The outlook points towards a possible hike if the UK economy continues the…
Greenback Comeback, What’s Next?
Greenback Comeback Despite the poor NFP report, the USD started out very strong last week, but the pressure of sales began to mount on the greenback on Tuesday after the news of Hurricane Irma broke,…
Choppy Week for USD, Yen Gains
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…
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…
USD Demand Revived After Seven Weeks
USD Recovery The greenback has been losing to its peer currencies for seven consecutive weeks now, and it comes as a relief now that it is finally showing signs of recovery. There was a high…
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…
