Chinese firecracker starts New Year with a bang
If traders drifting back to their desks for the start of the new trading year were expecting a quiet start, Chinese economic news delivered a […]
Major Currency Pairs
What I said, this time last year
As regular readers will know, every year I write an end of year analysis, with a look forward to what the new year is likely […]
Currency futures settle down after Draghi
As we rush headlong towards the festive season, and the ECB bringing its own unique brand of drunken antics to the party with Draghi clearly […]
Currency majors mixed in quiet week
Last week in a relatively quiet week for the currency majors in the run up to Thanksgiving, it was the euro and the British pound […]
Sterling under pressure in the US forex session
By the time we came to our forex webinar for the start of the New York session, it was clear the heavily negative sentiment towards […]
Currency futures reflect on the FOMC minutes
Whilst yesterday’s FOMC minutes were flagged as a tier one item of news, the market reaction suggested that perhaps a tier three ranking would have […]
How low can the Euro index go?
The question that everyone is asking right now about the single currency is ‘how low can it go’ and for an answer we need look […]
Where next for the majors as FOMC discord grows
At the start of another week of trading, it’s time to take a spin round the four currency majors of the Aussie, the British pound, […]
Trick or treat from the FED?
As the month of October draws to a close, and with the ghouls and ghosts of Halloween preparing to frighten and alarm in equal measure, […]
US dollar index remains bullish longer term
In the wake of last week’s decision by the FED not to raise interest rates, which has seemingly perplexed a number of market players, now […]
Spot the insider selling in Cable – answers on a postcard!
Cable’s recent revival which was signalled with a two bar reversal off the strong support platform at 1.5163 came to a juddering halt today on […]
Where next for currency majors as new term starts?
As the new autumn term begins for traders, and with the Labor day holiday offering a gentle return to work after the summer recess, it’s […]
Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]
Cable drags down the bulls
One question I’m often asked by new traders which currency pairs they should they start with, and my suggestion has always been to consider Cable, […]
Aussie & kiwi rebound following PBOC decision
Market analysts have offered a number of reasons for the PBOC’s dramatic revaluation of the Yuan, including China’s desire to have the currency added to […]
Aussie & pound continue to hold the spotlight
Before tomorrow’s main event, namely the Non Farm Payroll numbers, we still have some important releases for a number of currencies, with the Aussie once […]
Cable waits for BOE
Cable anticipating BOE by going precisely nowhere! All we can say is 1.5550 region represents strong support & is also where have the 200 ma. […]
Cable may be rangebound, but the cross pairs deliver
Tomorrow sees the release of the Services PMI for the UK where a figure of 58.1 is expected against a previous of 58.5, a small […]