September is the Forex “New Year” For several years, the forex market has been studied by experts and analysts and it is usually established that the forex market tends to move in fairly predictable patterns….
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Euro Experiences Mixed Performances Amidst Turkey, Italy
Mixed Performances for EURO in August August has been a climactic month for the Eurozone currency. It has recorded gains against the U.S Dollar, Yen and a host of other currencies after mediocre performances over…
Forex Market – August 2018
Mixed Performance Despite several events this past week to keep the market on its toes, overall we are seeing mixed performance in the Forex market this August. The greenback has been performing excellently since the…
U.S NFP the Highlight of the Week
Jobs Increase to Slow Down in NFP Report The jobs increase in July is expected to slow down to 193K for July while the unemployment rate will likely drop to 3.9% Market Watch The Sterling…
Greenback Movement to be Determined by Powell Statement, Trump and Putin Meeting
Powell Statement to Decide Greenback Fate The greenback has been recording gains as it takes advantage of trade wars and an upbeat economy. There are some interesting events slated for this week, with a testimony…
Dollar Dumped to 3-Week Lows as NFP and Unemployment Rises
USD Suffers Despite NFP Job Data Rising The greenback sustained losses against most of its pairs on Friday following the release of the NFP job data which saw a job increase of 213K in June…
Non-Farm Payroll – Highlight of the Week
Non-Farm Payroll Dominates Amidst July 4th Holiday The Forex market ended the second quarter of the year in a mixed zone with the Greenback ending the quarter on a strong note. The third quarter will…
Greenback Performs Excellently, Boosted By Increase in Retail Sales
Strong U.S Retails Sales, Greenback Soars The greenback recorded gains this week, with strong U.S retail sales result boosting the currency despite slowing down on Friday amidst trade war concerns. Tuesday, June 12: Greenback Posts…
Forex Weekly Outlook June 11-15 – Fed and ECB Decisions Major Highlights of the week
Fed and ECB Decisions to Determine Market Direction The greenback lost against some of its pairs last week but this week presents some fresh opportunities for it to bounce back. Fed and ECB decisions are…
Loonie Dips Amidst Oil Prices Slump and NAFTA Talks Continue
NAFTA Talks and Oil Oversupply Affect Loonie The Loonie was affected by NAFTA related talks and the issue of oil oversupply, with the currency also affected by the underwhelming PMI report Tuesday, June 5: Dollar…
