In anticipation of last Friday’s NFP announcement (Non-Farm Payroll), many traders were sidelined for most of the week. Many were holding back just in case of a surprise of another whipsaw like we experienced last…
Tagged By forex news
Will May Be Grey?
USD Expectations for May As we plunge into May, the (DXY) US Dollar Index continued to surge to its highest level since May 2020. We are now at the highest level against all other major…
Central Banks Accelerate Market
Central Banks – SNB and BOE Today the Swiss National Bank (SNB) announced that they would be keeping its expansive monetary policy unchanged. The Bank of England (BOE) also decided to leave rate changes on…
Western Traders, Don’t Forget About China
For most western traders, we think of December as being the holiday season, and that markets will resurface with more activity come January. And that is very true and valid because this time of year has…
Spotlight on the Euro
The Euro saw little change today against the USD after the Euro-Zone ZEW Survey revealed that financial experts throughout Europe believe that economic advancements are less favorable in the Euro-Zone than previously believed last month. Read article
Low Volatility, Range Trading, Slow Market
As usual, the market slows down in August and we have yet another week with low volatility in the Forex. Read FXCM’s suggestion on how to handle the low volatility and more info about the…
GDP Report, BoE Rate Speculation
For the he Q2’15 UK GDP report and the Bank of England, we see data and events so far this week unfolding favorably for policy hawks. Today’s report implies that UK growth rates are gaining…
