History of US GDP

May 30, 2017
history of US GDP

The foreign exchange market is getting ready for the summer. Usually, it means lower volatility and incredibly boring trading days. Ranging price action is the keyword here. However, before the “summer trading conditions” totally take over, we still have a couple of risk events ahead of us. The first is... View Article

USDCAD After Bank of Canada Meeting

May 27, 2017
bank of canada meeting

On weekly basis, USDCAD moved in a rather odd manner. Since the pair made its recent low at 1.2450 area, we’ve moved higher slowly. However, the weekly price chart looks rather ugly. The recovery took too long and the price structure looks more like a range tilted to the upside.... View Article

Forex Trading Calendar for the Week Ahead

May 22, 2017
forex trading calendar

This week’s Forex trading calendar contains mainly U.S. and European data. Euro continues its aggressive move to the upside, eyeing the highs made during the U.S. presidential elections, around 1.13. The early surge in EURUSD had nothing to do with economic news. Instead, Angela Merkel’s words triggered the move as... View Article

Janet Yellen – Rate Hikes After May’s Core CPI?

May 17, 2017
janet yellen

"Let me issue and control a nation's money and I care not who writes the laws." - Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild Today, all eyes are on EURUSD as the most traded Forex pair pushes higher like a madman. Euro is gaining ground against the... View Article

Takeaways After BOE Inflation Report

May 15, 2017
boe inflation report

"If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties." - Francis Bacon BOE inflation report dominated news last week. Ever since the British decided that the best course forward is leaving the European... View Article

Is the FED Rate Increase in Cards After Last Week’s NFP ?

May 9, 2017
fed rate increase

"I have yet to see any problem, however complicated, which, when looked at in the right way did not become still more complicated" - Poul Anderson Generally speaking, the Non-Farm Payrolls numbers have been very stable in the U.S .for more than 4 years in a row. The average number... View Article

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