Functions come and go in the market. For years, the Japanese yen was considered the preeminent funding currency for the carry trade and was later treated…
Posted in Learn Forex |
We can not know with 100% certainty whether or not a low is in until the EURUSD rallies substantially, but today’s loong wick certainly has the look of…
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US dollar, Japanese yen falter on pickup in risk appetite, but upcoming rate decisions by the ECB and BOE are likely to drive price action for EUR/USD,…
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- British Pound Could Plunge of BOE Cuts Rates, Signals Move Towards Quantitative Easing – Euro Outlook Hinges Upon ECB Rate Decision, Trichet’s Comments
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The US dollar, and risk trends in general, showed little response to the release of the Federal Reserve’s Beige Book report this afternoon, despite the…
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With only an hour left of active trade in the US session, risk appetite looking to make it a strong finish. This advance was paced by the equities market…
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Euro fails to establish momentum after breaking to fresh 2009 lows. Dollar/Yen inches closer to 100.00. Cable seen higher into Thursday. Dollar/Swiss posts…
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This Thursday, the governing council of the European Central Bank is widely expected to cut its overnight rate by 50 bps to 1.5 percent. Typically, expectations…
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The best range trades are placed on low volatility pairs that are set within a clear channel and are clear of notable event risk. By this crude definition,…
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