MaiMarFX

The U.S. dollar underperformed against its major counterparts last week amid elevated risk appetite.The economic docket for this week is fairly light, which is why our focus will be on the technical...

Welcome to the last fully-liquid and event-laden trading week of the year 2021. Before the liquidity drain towards the end of the year, this week is overloaded with major event risk such as the FOMC...

It’s the Thanksgiving holiday week and while this means a seasonal liquidity drain across the markets, it does not mean that there will be no trend. Rising Covid cases and monetary policy remain...

It will be a big week for traders with crucial central bank meetings in the U.S. and U.K. on tap as well as the U.S. Nonfarm Payrolls report at the end of this pivotal week.   The market’s...

The U.S. dollar was virtually unchanged last Friday after Federal Reserve Chair Jerome Powell sounded a note of heightened concern over high inflation, while making clear that the Fed will begin...

We have entered the final quarter of the year and following last month when global stocks posted their worst performance since March 2020, the fourth quarter could be the most uncertain environment of...

Welcome to a new trading week. Traders will likely be eyeing key inflation data from the U.S., U.K. and eurozone this week to shape expectations for monetary policy tightening. The U.S. dollar in the...

The US Dollar ticked slightly higher Wednesday and sent both EUR/USD and GBP/USD to short-term support levels which have proved to hold so far.   Elsewhere, we got a profitable breakout in the...

U.S. Nonfarm payrolls disappointed last Friday with only 235,000 jobs created in August.The US Dollar sold off in an imminent response to the report but the greenback’s decline was limited after...

We are back from our holidays and back at the trading desks, relaxed and revived. We hope that all of you are happy and healthy too.   The US Dollar has gained traction in August as investors...

The best performer last Friday was the British pound which headed for a test of 1.39 against the U.S. dollar. Much of the GBP/USD’s recent upward move can be attributed to a weakening U.S....

Anxiety about the Federal Reserve’s hawkish pivot eased and the market returned back to a sleepy sideways consolidation mode while volatility receded. The only market-moving event risk this week...

GBP/USD has staged a notable rebound from its post FOMC low around 1.38 to a test of 1.40 yesterday. Sterling bulls now wonder whether there could be a run back towards 1.41 and possibly even 1.42 but...

Today will be an important trading day for traders as it may be the last one that provides bigger market moves before the summer doldrums.  All eyes will be on the Federal Reserve decision at...

The U.S. dollar rebounded on Friday while short traders in the EUR/USD and GBP/USD were able to book a good profit with both major currency pairs declining towards crucial support levels. We will have...

Both EUR/USD and GBP/USD have been trading in tight price ranges given the onset of the summer lull, making it difficult for traders to profit from low volatile swings. Even technical price breakouts...