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Forex Week Oct 7 2013 – No Clarity In Sight.
The Forex markets this past week behaved erratically to say the least, because as per usual we would gotten the quiet trading in the middle of the week out of the way before a nonfarm payroll Friday announcement. However, since the US government is still in shutdown mode, there was no actual announcement. For this […]
Read Some MoreThis week in Forex June 18th, 2013 – Wild Week Ahead
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 MoreWeek in Forex June 10th 2013 – Thor’s Thinking
Non-Farm Payroll for May The non-farm payroll number came out on Friday, and essentially was right in the middle of all estimates. The United States added 175,000 jobs during the month of May, and of course this was basically in line with the anticipated 167,000 jobs. When you factor in the revisions downward for the […]
Read Some MoreForex for the Week of June 3rd 2013: The Dancing Yen
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 MoreForex 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 MoreThe Week in Forex May 13th – Yen Under the Microscope Again
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 MoreForex Week: May 6th 2013 – Construction Play(Dr Copper Speaks).
This 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 MoreForex for the Week of April 29th 2013 – A Tale of Two Kiwis
Its 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 MoreWeek of April 22nd in the FX Markets – The Yen Stalemate
It’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 MoreFX Notes For Week Of April 1, 2013 – News Driven Market?
The 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 […]
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