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Get updates on the latest economic news and trends and how it affects currency prices and also commentary from experienced currency traders. Updated weekly. Podcast and weekly newsletter coming soon.

October 8, 2018

The US Dollar gained some ground against its peers in a turbulent week. What’s next? US inflation stands out in the second week of October which also sees tension rising towards Brexit and the mid-term elections Here are the highlights for the next week

The greenback kicked off the new quarter with fresh gains. Powell’s...

August 20, 2018

  • The US Dollar remains dominant, and each breather looks like a buying opportunity.

  • There are three central drivers, and they are set to continue for at least a few more months.

  • Things may materially change in the middle of the autumn. 

US Dollar strength is a prominent feature for quite a few months. Ea...

July 31, 2018

MARKET DEVELOPMENTS – BOJ QE INFINITY, FED QT PROVIDING USD BID

US equity futures are showing modest gains this morning (DJIA +0.1%, Nasdaq 100 +0.4%, S&P 500 +0.3%) as the Bank of Japan prepare for QE infinity by pushing back the time it will take to hit its inflation target yet again. Alongside this, markets are braci...

July 31, 2018

  • The index advances to the mid-94.00s or fresh daily tops.

  • DXY finds support in session lows in the 94.20/15 band.

  • Consumer Confidence surprised to the upside in July.


The greenback, in terms of the US Dollar Index (DXY), has reverted the negative start and is now trading in session tops in the mid-94.0...

June 29, 2018

China’s yuan will head in time to its weakest since 2008, and the country’s stock slump also has further to go, according to the veteran global economist George Magnus.

The currency’s decline will only deepen as monetary policy on the mainland diverges from that of the Federal Reserve, Magnus said in a telephone intervi...

The Mexican peso sank to its weakest in more than a year on concern the U.S. may leave the Nafta agreement and try to negotiate two separate free-trade deals with Mexico and Canada.

The Mexican currency slid for a fourth day, dropping 1.6 percent to 20.3838 per dollar as of 11:44 a.m. in New York, the second-sharpest re...

The Trump administration announced it’s imposing tariffs on steel and aluminum imported from the European Union, Canada and Mexico, in a move almost certain to trigger retaliation by America’s closest allies.

The decision came hours before temporary exemptions were due to elapse at 12:01 a.m. in Washington on Friday. Th...

May 22, 2018

https://www.bloomberg.com/news/articles/2018-05-22/lira-gains-as-emerging-market-advance-buys-turkey-breathing-room

April 27, 2018

EUR/USD


The pair went much lower during the Wednesday’s session reaching the 1.21 level, the area which has massive importance and was also the scene of a major breakout. A bounce from here will confirm the continuation of the upside trend but the pair is experiencing huge downward pressure due to rise in the yield of...

April 27, 2018

  • BOJ keeps policy tools unchanged, QE taper a distant dream.

  • Doors open for USD/JPY to test supply around 110.00.


The big story today is Bank of Japan's (BOJ) omission of reference to a time frame for achieving the 2 percent inflation target.

The decision to remove the timeframe for the CPI goal could be an i...

April 27, 2018

EUR/USD has posted slight losses in the Friday session. Currently, the pair is trading at 1.2086, down 0.15% on the day. On the release front, French Flash GDP dropped to 0.3%, shy of the estimate of 0.4%. German unemployment rolls dropped by 7 thousand, a weaker reading than the estimate of a decline of 15 thousand. I...

April 27, 2018

   •  US GDP betters expectations and provides a minor boost to the USD.

   •  GBP continues to be weighed down by today’s dismal UK GDP print.
   •  Investors now look forward to Carney’s speech for fresh impetus.

The GBP/USD pair maintained its heavily offered tone through the early NA ses...

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