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…
Tagged By forex outlook
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…
Focus On The Greenback
Ms. Yellen Reveals Her Powers – Greenback Rises The Greenback found the impetus to stand up straight on Friday after Fed chairman Janet Yellen’s frank and positive statements about the US economy at Jackson Hole. Traders…
Major Economic Events To Watch | Trading Forex: April 4-8, 2016
Overall, the markets woke up this weekend to lackluster movement and lack of direction. While we saw some initial USD strength against the Euro and Swissy, the market zig-zagged back to its starting point by…
New Highs For The USD – Will It Hold?
This past week we witnessed the setting up of milestones as stocks ended January with their worst performance since 2009. The FOMC announcement minutes were exactly as expected and a rate hike is not on…
Look to the Yuan or the Greenback?
Chinese Yuan And What We Can Learn From The Swissy In the Forex market the common mantra has always been “a healthy currency is a healthy economy”. I believe this is about as accurate an assessment…
Forex – A New Year and a Fresh Start to the Old Situation.
Forex Trading Outlook: January 4-8, 2016 A slow start to the new Forex year is expected with the week picking up some momentum as we head toward Friday’s US Non-Farm Jobs Report (NFP) release. An upward momentum in…
Another Typical “Jingle Bells” Slow Trading Week Ahead
Forex Trading Outlook: December 21-28, 2015 It’s looking like another typical “Jingle Bell” slow week ahead. The week ahead of the Christmas weekend is traditionally one of the most illiquid and slowest trading weeks of…
Forex Trading Outlook: August 10-14, 2015
This week’s Forex Trading Outlook This should be a VERY interesting week ahead as the markets come to terms with the dollar-favorable NFP jobs report last Friday, and the conflicting hint from Atlanta Fed president…
