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So finally the FOMC meeting is behind us and it’s time to assess what the Fed said in their statement after it and how that will affect the major currency pairs’ outlook. The statement...
More weakness from the US Dollar, more gains for the rest of the global currencies against the US coin. This has been the theme in the money markets for the past few days and yesterday was no...
This week started on the same tempo that the last one finished with the US Dollar weakness being the important market driver behind major instruments’ price action. Monday was no different as...
Last week was probably not the best week to be long the US Dollar as the currency declined across the board against its major counterparties. Both the Euro and the Cable were able to record gains...
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...
Further uncertainty compared with frequent changes in direction remains the theme in the currency markets for this week and we could see even more price action like that as long as we have no...
Price action during the first 24 hours of the week was limited as traders had little fresh news to trade on and the economic calendar was equally barren. The main theme in the currency markets is the...
Last week was a terrible one for the US Dollar with the American currency dropping heavily against its major counterparties and posting significant losses. A number of weaker than expected reports...
More weakness from the US Dollar, more gains for the rest of the majors was once again the theme of the markets during the past 24 hours. Fresh reports from the US revealed continued slack in the...
Further gains for the major European currencies against the US Dollar as the retreat of the US currency continues for a third day. Both the Euro and the Cable extended their correction to the upside...
An interesting twist of events in the currency markets during the past 24 hours as the Retail Sales report from the US didn’t exactly thrill investors and traders. The consumer spending report...
An easy start for the currency markets this week with limited volatility in the major instruments we monitor every day. The day was empty of any fresh news or developments hence the major currency...
Price action in the currency markets intensifies as traders are coming back from their Easter holidays and the main theme in the markets is the rise of the US Dollar once again. It is now clear that...
The week started with a sudden reversal for the major currency pairs that saw most, if not all, of their Friday gains against the US Dollar going away as traders are slowly coming back to their desks...
Interesting price action in the currency markets during the last 24 hours ahead of the US Non-Farm Payrolls report that is scheduled to be released today. What attracted our attention in the way the...
Range trading and consolidation remains the main theme in the major currency markets as traders and investors are biding their time before the most important event of the week which will be the...