The Yen takes a beating. Again. The Forex markets sold the Yen off drastically again during the previous week, as the most important level in Forex gave way: The 100 level in the USD/JPY. The area had been supposedly the scene of massive option barriers as the larger players out there will have done anything […]
Read Some MoreThis past week in the Forex markets saw quite a bit of action, as did all markets for that matter. Without a doubt, the highlight of the week would’ve been the US Friday jobs report numbers which came out much better than anticipated. The United States added a total of 165,000 jobs during the month […]
Read Some MoreIts that time again…. The Forex week ahead will be important, as the Non-Farm Payroll numbers come out on Friday. It seems that no matter what happens, this announcement takes center stage, and this week will be no different. The report will be parsed by large funds around the world, and what it means for […]
Read Some MoreIt’s all about the Yen…..again. Forex markets had a very volatile week once again, but by the time we finished on Friday we had some clarity in at least the Yen pairs. This is mainly because of the G20 statement that suggested the Japanese were doing the right thing by aggressively easing their monetary policy, […]
Read Some MoreThe Japanese Yen The Forex markets were indeed interesting this past week. The main thing that we noticed is that the XXX/JPY pairs all seem to be suggesting the same thing: that the Yen is oversold, and we may see a bit of a pullback in several markets. However, this isn’t to say that we […]
Read Some MoreThe Forex markets saw a lot of action during the previous week, as would be expected when you have three central bank meetings on Thursday, followed by a Non-Farm Payroll Friday the very next day. Needless to say, this market didn’t disappoint, and as a result there were massive profits to be had if you […]
Read Some MoreThe Forex world will have a lot of headlines during the upcoming week as there are several announcements that can move the markets. The week is a bit back loaded though, as the central banks out of Japan, Europe, and the UK all have statements on Thursday. The Friday session of course has the granddaddy […]
Read Some MoreThe Forex markets spent most of the previous week dealing with the fears of a Cypriot banking implosion. The week saw several attempts at fixing the situation, and headlines pushed the markets back and forth. Nowhere was this more obvious than in the EUR/USD pair. The 1.30 level has acted like a magnet, and as […]
Read Some MoreThe Forex markets had a wild time as the Dollar continued to climb in value for most of the week. This trend was however broken towards the end the of week. During the session on Friday, we saw yet another reversal towards the end of the day. The most volatile pair was the GBP/USD pair, […]
Read Some MoreLast week, we had suggested that the US dollar was set to gain in strength, and over the last week – we think this has come to pass. The most obvious example of US dominance in the markets at the moment is the fact that the Dow Jones Industrial Average is now at all-time highs. […]
Read Some More