Aussie dollar bounces back on RBA rhetoric
It only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went sent completely […]
Major Currency Pairs
Aussie dollar in focus
The commodity dollar now coming into the market’s cross hairs is, of course, the Aussie where a string of key releases are due in the […]
Canada and the Loonie under the cosh
Of the currencies likely to be in focus this week, I really did not expect the week to start with a further move lower for […]
Forex majors round up as insiders gorge on Monday’s dinner!
As the half time whistle blows on another trading year, it’s time to take a look at four of the major currency futures, as Greece […]
Forex round up as Greek tragedy continues
As the Greek tragedy continues to drag on, it’s perhaps an apposite time to take a tour round the four major futures of […]
Round up of the currency majors as USD continues to remain weak
With the US dollar continuing to remain under pressure, despite last week’s positive jobs data, and with various central bank governors adding their weight to […]
GBP/USD now testing a key level
With the euphoria of the UK election now just another statistic in the history books, the positive momentum the shock result injected into the British […]
USD/JPY finally breaks out in all timeframes!
For longer term USD/JPY trend traders, the last few weeks have been ones where patience, patience and yet more patience have been the key as […]
Signals were there on the CAD/USD daily chart
The recent rally for the CAD/USD which has seen the futures contract rally from the lows of late March in the 0.7820 region, to the […]
USD index, EUR index and JPY index all testing key levels
From a technical perspective, yesterday was another important one for the US dollar index on the daily chart, with the currency of first reserve weakening […]
A day is a long time in politics … and for the GBP/USD!
They say a week is a long time in politics, but given the events of the past 24 hours perhaps we can now say […]
USDX at key tipping point this week
After the big fight at the weekend, the focus has shifted from Las Vegas back to Wall Street where the heavyweight contenders are now taking […]
An exciting week ahead for traders in the GBP
Much as expected the recent bullish trend for Cable came to a shuddering halt on Friday, with the GBP/USD selling off sharply and wiping out […]
Aussie Aussie Aussie – go go go
Much like the Australian cricket team who continue to dominate on the pitch, in the world of currencies it is the Australian dollar which has […]
A classic trap move in the GBP/USD
The 1 minute chart for the GBP/USD delivered a masterclass of price manipulation by the insiders ahead of the BOE release at 9.30 this morning. […]
Where next for the USD, EUR and JPY ?
At the start of another trading week is perhaps a good time to take a look at the principle currency indices, and in particular those […]
A key breakout for the USD/CAD on the daily chart
An extremely significant day for the USD/CAD yesterday, which finally ended its extended phase of congestion, a period of price action I have referred to […]
Loonie – a barometer of the USD and oil
Today, of course, is FOMC day with the minutes due at 2.00 pm EST, and following in the wake of the dire NFP data on […]