The Yen The Forex markets have been very volatile again as the jitters over whether or not the Federal Reserve is going to cut back on quantitative easing continues to make traders very hesitant to hang onto a trade any longer than a few hours. With that being said, the one pair that truly has […]
Read Some MoreThe 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 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 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 MoreThe carry trade strategy involves profiting from interest rate differentials in addition to earning from the Forex trade itself. The carry trade strategy aims to make money from the differences in interest rates by taking a long position on a high interest currency while simultaneously selling a low interest currency. Overnight positions on such currency pairs that […]
Read Some MoreOver the course of the last five sessions we have seen quite a bit of action in the FX markets. However, it should be kept in mind that the first week of January is still a relatively light week as far as volume is concerned. Additionally there is the fact that the Non-Farm Payroll numbers […]
Read Some MoreDuring the last week, the markets were essentially negative. There are various reasons for this, and as a result it makes for a fairly difficult environment. One of the biggest reasons is that the holiday hours will have had most major players sitting on the sidelines and waiting until January to return. This time of […]
Read Some MoreThe EUR/USD pair spent last week trading in a tight 129 pips range, moving back and forth between a low of 1.2255 and a high of 1.2384. Just to give a perspective of how small of a range this is, its 2 times smaller then the average range of the past 14 weeks which currently […]
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