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Forex in the week of May 27th – A normal market maybe.
The Forex markets spent most of the last week trying to frustrate as many traders as possible. The Yen-related pairs all pulled back, mainly on concerns out of China as the HSBC PMI number came out at just under 50, signalling a slight contraction in Chinese manufacturing. The idea is that the Chinese are starting […]
Read Some MoreForex Markets for the upcoming week of March 18 2013 – Hail King Dollar
The 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 MoreCould the Yen Finally Break Down? Forex Week of December 17th
Over the course of the last several months, the world has simply been waiting for the Japanese yen to fall apart. There have been several false rallies in that time period, and many traders out there have gotten burnt shorting the Japanese yen recently. Despite this, there are signs that we may finally be ready […]
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