This week could be a real dogfight. This past week in Forex was a bit choppy, but in general it looks that the upcoming week will be much more interesting than this last one. The market saw a lot of the Yen related pairs sell off late in the week. The EUR/JPY and USD/JPY pairs […]
Read Some MoreThe 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 MoreThe Forex markets had an interesting week over the last five sessions, as we saw the Yen lose value yet again. That being the case, it looks like the Bank of Japan should continue to have the upper hand when it comes to the valuation of the currency. As you probably know by now, the […]
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 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 MoreOver the course of the last week, we have seen quite a few changes in the attitude of central banks and watched the Forex markets react accordingly. Early in the week on Monday, we saw the Reserve Bank of Australia hold its rates, which suggests that perhaps the Aussie economy is starting to lose steam. […]
Read Some MoreFor most of you, the idea that the Forex markets weren’t always chaotic is probably far fetched. However, I can assure you that it wasn’t always like it is currently, and as a result a lot of good traders have been blown out over the last couple of years. However, there is good news on […]
Read Some MoreDuring the past week, we have seen quite a bit of movement in the Forex market. The most obvious place to start is in the Euro, as the EUR/USD pair has absolutely taken off like it had been sitting on a launch pad at Cape Canaveral. The move was predicated mainly upon what the European […]
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