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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.

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...

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

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 25, 2018

German Economy Minister Peter Altmaier said on Wednesday it would be negligent to end up in a trade conflict with the United States, which has imposed tariffs on imports of steel and aluminum from some countries.

Speaking just days before Chancellor Angela Merkel travels to Washington to hold talks with U.S. President D...

April 25, 2018

EUR/USD has posted slight losses in the Wednesday session, erasing the gains seen on Tuesday. Currently, the pair is trading at 1.2212, down 0.17% on the day. It’s a quiet day on the release front, as the sole event is Crude Oil Inventories. On Thursday, the ECB will set interest rates, while the US releases durable go...

April 24, 2018

Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to a pair of Gann angles at 1.2213 and 1.2201.

The EUR/USD is trading higher at the mid-session. Sellers hit the market earlier in the session, but enough profit-takers and aggressive count...

April 24, 2018

EUR/USD consolidated in European trading on Tuesday after declining in the prior three consecutive sessions. The drop is attributed to a stronger dollar, and recent developments suggest that there could be more downside for the pair. A combination of extreme positioning and a rise in U.S. bond yields drove the rally in...

April 3, 2018

Summary

  • The Norwegian economy is steadily recovering from a 2014’s oil slump-induced market shock, with most of the underlying macroeconomic indicators pointing upwards.

  • Despite this fact, and rising oil prices, the Norwegian Krone continues to fall in value versus the European currency with striking pace, reac...

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