GBP/USD had a volatile day on Thursday as traders went between bullish and bearish in this pair. The resulting candle is a doji, and shows just how confused the market is at the moment. After the two...
USD/CAD fell again on Thursday as traders continue to buy the “risk on” trade. The USD/CAD will particularly interesting today as it has an interesting dynamic when it comes to the US jobs market.
USD/CHF fell at first on Thursday, but got a bit of a bounce as rumors of the Swiss National Bank setting negative interest rates came to light. It hasn’t be confirmed at this point, but the idea...
The USD/JPY had a fairly quiet day on Thursday as traders pared volume ahead of the Non-Farm Payroll reports later today. The US job market will certainly have an effect on the rate in each currency, but...
The Dollar Index again take resistance in the ranges of 79.50 to currently trade at 78.30 resulting in major rally in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials. Major...
Greetings. It’s that time of year again – NFP – and we’re starting to see the markets ease up from yesterday in prepartation for NFP.
The world’s central banks have bought euro zone leaders additional time to come to a political solution after 6 central banks offered increased sources of liquidity. This sparked a rally in equities and the EUR while the...
The USD/JPY pair fell on Wednesday as the central banks of the world have struck a coordinated play on driving the cost of borrowing Dollars down for some of the larger banks.
The USD/CAD pair fell apart during the session as the central banks of the major economies around the world have agreed to cut the cost of swapping Dollars in order to fund banks.
USD/CHF fell during the session on Wednesday as traders dumped the US Dollar around the markets. The pair fell fairly close to the 0.9000 level, and then found buyers stepping into the market.
