Pound to climb up the mound?
Some good news for the Pound today – growth has returned to the UK according to the unofficial NIESR GDP estimate. This news was unnoticed. Looking at the near past, …
Read MoreSome good news for the Pound today – growth has returned to the UK according to the unofficial NIESR GDP estimate. This news was unnoticed. Looking at the near past, …
Read MoreCanada’s employment figures post a big surprise once again – this time a good surprise – 79,100 jobs were added in Canada, 5 times the early expectations.  USD/CAD reacted with …
Read MoreBoth the Federal Reserve and the ECB began moves to soften the stimulus actions – the start of an exit strategy out of the crisis. This doesn’t happen in Britain. …
Read MoreThe Australian got another boost from the third consecutive rate hike yesterday. After getting a blow from the Dubai crisis, the good fundamentals and the 3.75% interest rate send it …
Read MoreContrary to last week’s behavior, the Euro rides higher on good figures, and says goodbye to the range once again. Is this another temporary swing? Or is the next target, …
Read MoreCasey Stubbs of Winners Edge Trading and Mark Thomas of Trade on Track are launching a new forex trading school – a new premium forex trading community. The goal is …
Read MoreThe week splits to two parts: before the Dubai crisis and after it. The first part saw a falling dollar across the board with new records in some currencies. The …
Read MoreDubai World gave the US dollar a present for Thanksgiving – World fear. Fear of ongoing credit problems is sending the dollar up, and the Yen higher, just as it …
Read MoreThe Swiss Franc has reached parity with the US dollar. Apart from the general weakness of the greenback across the board, also the Swiss National Bank has a role in …
Read MoreAfter riding on dollar weakness, the Pound got a reminder of the grim reality – the country is still in recession. The reaction was a retreat of the Pound. According to …
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