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Friday’s NFP report gave dollar bulls little reason to celebrate. While the U.S. jobless rate held steady and wages picked up slightly, payrolls gain fell short of expectations with nonfarm...
A happy new year to all of you! We hope you had a perfect start into 2018 and wish you all the best for a successful year with many profitable trades.What happened during our absence from the market?...
We welcome you to the last big week of the year as the economic calendar is full of market moving events. The release of Friday’s U.S. labor market statistics did not hurt the dollar even though...
The U.S. dollar traded higher Friday when it became clear that the tax bill would pass the Senate. While the market’s focus should be on the tax reform success, there is a dark cloud hanging...
We welcome you to a new trading week and the last one of November. The euro was the best performing currency last Friday despite the liquidity drain and last week's bullish breakouts in both major...
German Coalition talks collapsed – the euro fell. Germany has been without a federal Government since the elections in September and now, after coalition talks ended in a dramatic collapse, the...
We welcome you to a new trading week which could prove to be more interesting than the last one. We have plenty of economic data releases and monetary policy speak on tap this week but most action...
Not much has happened in the Forex market on Wednesday with volatility still at low levels. The price action in the EUR/USD has almost come to a halt with the currency pair stuck in a tight trading...
Friday’s U.S. payrolls report did little to boost the U.S. dollar. Labor conditions returned to normal following the distortions from the hurricanes in September. However, payrolls growth was...
Yesterday’s trading was not to our liking with the euro and pound moving sideways within limited price ranges. We now hope for better and more profitable market conditions today as we have a big...
While the euro ended yesterday’s trading day virtually unchanged, the pound sterling headed for a test of 1.33 but reversed some of its gains just shy of that barrier. Whether we will see a...
We welcome you to this new trading week which will be an important one for both the U.S. dollar and the British pound. The dollar trade received a boost from fresh hopes for an expansionary fiscal...
It’s decision day at the European Central Bank and traders in all EUR crosses brace for heightened volatility at this highly anticipated event that will bring forth news on the pace of the...
The pound soared to a high of 1.3255 after it retested the 1.31-support zone. Whether this upside break proves to be sustained remains to be seen but as soon as we see prices above 1.3270 chances are...
The U.S. dollar experienced a relatively broad-based appreciation in the last days. While the greenback’s recent rally became most visible in other major currency pairs such as NZD/USD or...
Recently, trading the Forex market was not easy and traders who were looking for sustained price breakouts or profitable day trends were disappointed. Both of our major currency pairs traded...
We welcome you to a new trading week, where trading conditions are hopefully better and more favorable for day traders. As for the U.S. dollar, there was little consistency in its performance in...