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Price action during the first 24 hours of this week remained on the same themes we discussed in our previous report and the major instruments we cover in this newsletter traded the way we expected...
Price action in the major currency pairs has been quite interesting over the past 24 hours as it kind of hints towards a change in momentum and possibly outlook over the short-to-medium term. During...
Yesterday the focus was mainly on the US Dollar in light of the Retail Sales report from the US as everyone knew that the currency could come under renewed if the consumer report printed in a bearish...
Interesting price action in the majors over the last 24 hours with limited volatility in some currency pairs and increased action in others. The focus yesterday was on the Euro and the Pound and even...
Volatility in the major instruments we monitor in our daily reports remained elevated yesterday and even though it was a Monday which are usually slow the price action we saw hinted us towards an...
On Friday the price action in the major instruments we monitor in this daily report remained on the same theme of volatility and inconsistency that we’ve seen in recent sessions. With the Dollar...
Volatility remained elevated over the past day even though the price action in the major currencies and markets has been a little bit unexpected. The bias remained bearish for the major currencies...
Over the past 24 hours investors were focused mainly on the UK Pound as we mentioned in our report yesterday and it was a pretty much expected focus point as the Industrial and Manufacturing...
We’ve witnessed choppy price action across most major instruments during this week and the reason behind this type of price action is the increased level of uncertainty surrounding Europe, the...
What a surprise from Friday’s Non-Farm Payrolls report and what a shock for the US Dollar that was poised for more gains against its peers. The US jobs report was expected to show more progress...
Finally Friday is upon us and the opportunity to find out more about the US labor market is here as we know how significant the US Non-Farm Payrolls report can be today for the outlook of the US...
The US Dollar was back in control over the major instruments over the past 24 hours and is seems that traders are starting to build their pro-Dollar positions ahead of the NFP report on Friday....
The major instruments we monitor in our daily reports remained on the same tempo for yet another day this week illustrating smooth trading action and lack of follow-through. As we have mentioned in...
Trading action on Monday was rather smooth as it tends to be at the beginning of the week and the major currencies we monitor illustrated a calm price movement but we have to mention that there were...
Volatility and lack of consistency has been the theme of the markets over the past 24 hours in the Forex universe as we have noticed quite a few changes in direction for the major instruments we...
Quite an erratic behavior from the Dollar yesterday with the US currency following different paths on the various currency pairs that is a part of. The Dollar has been on the rise during the previous...
The US Dollar was yesterday’s best performing currency among the major money instruments we monitor in our daily report and the US currency gained significantly against the Euro. Bullish...