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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.

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...

April 24, 2018

Talking Points:

- The US Dollar has continued to gain, continuing last week’s move of strength to tally a 2% move off of last Tuesday’s lows. DXY is now testing a key area of resistance around the 2017 swing-low, and the potential exists for a deeper move of USD-strength as we approach rate decisions out of Europe and J...

April 16, 2018

EURCAD is trading slowly lower and something similar we can see on GBPCAD. Currently, we are tracking a correction in wave 4, which is trading within two corrective channel lines and approaching some interesting support levels. We are watching these two pairs very carefully and if we get a sharp bounce with five waves,...

The European Union told U.S. President Donald Trump it won’t be cowed by his escalating protectionist rhetoric and talk of punitive tariffs.

“Europe is prepared,” Dutch Finance Minister Wopke Hoekstra said Monday as he headed into a meeting with his counterparts from the rest of the euro area. “We are not afraid, we wil...

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