USD/JPY finally wakes up from its slumbers
For forex traders in the USD/JPY, whether in the spot market or the futures market, it’s been a question of patience, patience and yet more […]
Major Currency Pairs
Gaps get filled as Sterling prepares for vote
For Sterling all eyes next week, well certainly as far as the UK is concerned, will be on the outcome of the vote on Scottish […]
AUD/USD collapses under the domino effect
There was no hiding place for the Australian dollar last week, which came under relentless and remorseless pressure, with the December futures contract closing with […]
Aussie dollar plunges again in overnight trading
It’s been a torrid few days for the Ausssie dollar as weak economic data coupled with a resurgent US dollar have finally filtered their way […]
Cable gaps down as referendum looms
The financial markets have today finally woken up to the possibility of a break up in the 300 year union between Scotland and England, following […]
Bullish momentum continues for USD
A quiet start to the week, as here in the UK we enjoy the last public holiday before Christmas and with Labor Day next Monday […]
Gaps get filled in the GBP/USD in spot and futures
Gaps in the spot forex market are quite rare so any such event tends to set the alarm bells ringing as the old trading maxim […]
My forex forecasts with FXstreet
As you may know I am one of Fxstreet’s expert market analysts, and each week I update my forex forecasts for both the major and […]
BOE Governor Carney moves the goalposts and the pitch!
This morning’s fundamental news for sterling gave us all some interesting trading lessons. The first is the extent to which any fundamental news release related […]
More of the same for the Canadian, but watch the Dixie!
Like many of the major currency pairs at present, it’s US dollar strength which has been the primary driver over the last few weeks, and […]
Cable continues to remain bearish
Cable moved lower once again last week as a resurgent US dollar continued to drive the pair, with the September futures contract closing at 1.6770 […]
My latest currency market forecasts
As an expert market analyst at Fxstreet, you can catch my latest weekly, monthly and quarterly forecasts for the major currency pairs, along with several […]
A double whammy for the Aussie dollar
Yesterday’s attempt by the Aussie dollar to break out from the current congestion with a move higher, was promptly snuffed out today, as poor employment […]
Canadian dollar remains under pressure – for the time being
The Canadian dollar has continued to come under heavy selling pressure once again today, driven by a resurgent US dollar, which has now broken through […]
Bearish tone continues for the Canadian dollar
Following on from my recent posts about the bearish nature of the CADUSD and the medium term prospects for the Loonie, today’s advance GDP release […]
Aussie dollar looking weak – testing support after GDP
Ahead of the FOMC statement this evening the daily futures chart for the AUDUSD based on the September contract reveals much as expected a further […]
An important week for the USD index
A quiet start to a very important week for the markets which culminates, of course, on Friday with Non Farm Payroll. And perhaps the place […]
Euro bears will be happy at last!
Following on from my recent post about the US dollar, in which I suggested that perhaps the second half of the year would be better […]