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, […]
Forex Market Analysis
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 […]
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 […]
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 update – USD and EUR/AUD
With only two tier 2 releases due this afternoon in the US, namely Flash Manufacturing PMI and New Home Sales, and liquidity fast draining away […]
EUR/GBP – Anatomy of a currency cross
A recurring theme of our weekly forex webinars is the importance of considering the cross currency pairs whenever trading forex. Many traders simply fail to […]
US dollar index remains bullish on the weekly chart
With markets now approaching high summer when as traders and investors we can expect a general slow down and draining away of liquidity, it is […]
AUD/NZD – commodity cousins
The release of this evening’s RBA minutes should give us some insight into the Central Bank’s thinking on Australian interest rates, which were kept on […]
British pound in focus
Interesting move in Cable today as it appears to have failed to capitalize on Gov Carney’s remarks about interest rates, and the need for a […]
Do turkeys vote for Christmas ?
Well clearly the answer is no and the Greek turkeys have done the same. No great surprise, and perhaps even less so when you consider […]
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 […]
Euro cross pairs are the better bet!
For euro dollar traders, if the last few months have taught us anything, it is has confirmed once again the euro is not a free […]
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 […]