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The U.S. dollar slumped against the euro and British pound after the U.S. services sector index unexpectedly dropped to a six-year low, bolstering speculation that the Federal Reserve will stand pat...
Friday's non-farm payrolls report failed to put an end to the market's summer lethargy and instead of giving direction, most major currency pairs remained virtually unchanged after some short-term...
We are back from our holidays and wish you a warm welcome to the trading month of September. Seeing as August is traditionally one of the quietest trading months of the year, not much has happened in...
We welcome you to the last trading days before our summer holiday break. While Friday's strong payrolls report spurred many investors to hope for a Federal Reserve rate increase by the end of this...
We have finally seen some larger fluctuations in the currency market Tuesday, with the euro and British pound rallying against the U.S. dollar. What was the reason for that bullish sentiment? It might...
We welcome you to the trading month of August. While markets are usually quieter during this summer month, the first week of August might be different this year as we have big market movers ahead of...
There is nothing new to report in the markets as the technical picture has not changed since the beginning of the week. Both major currency pairs traded sideways within their constrained trading...
We welcome you to a new trading week. Traders were recently exasperated by the market's limited fluctuations and the poor performance of some major currency pairs (particularly the EUR/USD) which has...
The U.S. dollar strengthened against most of its major peers Tuesday as economic data in the U.S. signal expansion. With the latest data showing that the U.S. economy is picking up steam overall, the...
The market shrugged off a thwarted coup attempt in Turkey last Friday. While prices slumped significantly towards the end of the previous trading week, most of the currency pairs recovered from their...
While we actually got the breakouts what we have been looking for, the market's fluctuations proved to be limited to either side on Monday. Sterling traders were able to pocket some profits with both...
And once again, trading on payrolls day proved to be highly risky as market participants were divided over whether the strong jobs figures are reason enough to expect a U.S. rate hike by year's end....
The free fall of the British pound continues with the U.K. economy facing difficult times in the aftermath of Britain's vote to leave the EU-bloc. The huge sell-off in the pound was the biggest story...
We welcome you to a new trading week. While this week could start off quiet with U.S. markets being closed on Monday for a public holiday (Independence Day), it provides plenty of interesting economic...
While the British pound extended its record selloff in the aftermath of last week's vote, the euro traded sideways on Monday, straining the nerves of breakout-traders as price movements were limited...
Market participants are still in a state of shock after the victory for Brexit has shaken the financial markets. The next trading days are therefore likely to be very volatile until the dust has...
This is a crucial day for the U.K. with Britain's vote on membership of the European Union. The island nation will determine its future with or without the EU and the market is eagerly awaiting the...