The U.S. Dollar had a mixed week against the major currencies, falling against most of them, but gaining slightly against the Australian Dollar and the Euro. The set of economic …
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Global markets are trading higher since the GDP numbers were released on Friday, pushing the US dollar lower across the board, especially against the Australian dollar as the RBA unexpectedly …
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GBP/USD lost a key level and pound crosses are dropping on a relatively weak Construction PMI. This second tier figure didn’t make a terrible drop, but the currency did. How …
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EUR/USD is back to the frustrating range, just under the pivotal line. Will it improve positions before QEII? Here’s a quick update on technicals, fundamentals and community trends. We have …
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AUD/USD jumped on the relatively surprising decision to raise the interest rates in Australia. Early expectations stood on a another freeze of the rates at 4.50%, but Glenn Stevens decided not …
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One of the most exciting weeks in forex trading began, with AUD/USD still looking towards parity, the Japanese yen close to all time lows and and awaiting a possible intervention, …
Read More EUR/USD worked its way up towards 1.40 at the beginning of a very intense week, and settled above a pivotal line. Will it improve positions before QEII? Here’s a quick …
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GDP for the third quarter is 2% (annually), within expectations. The immediate reaction is a weaker dollar, as the number is still relatively low – showing that serious QE is …
Read More EUR/USD fell again towards the support line, on a very busy day, that will just get busier. How will it close the week?  Here’s a quick update on technicals, fundamentals …
Read More Tension towards the FOMC decision continues to rise, and the markets are acting in a very choppy manner. In an interview with Julie Sinha of Forex TV, I spoke about …
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