US Dollar Remains Strong Despite Employment Data Disappointment

US Dollar Remains Strong Despite Employment Data   On Wednesday, the US dollar continued to show strength against most other major currencies, despite disappointing unemployment data for last month. The US dollar index, which is a measure of the dollar strengthened against six other major currencies, rose 0.36% to trade at 95.74 – well above […]

Forex Signal On The USD Depends On Jobs and Manufacturing Today

Forex Signal On The USD Depends On Jobs and Manufacturing Today GBP/USD is currently trading at about 1.5280, GBP/EUR is trading at about 1.3560 as we open up this Wednesday morning. There’s a little bit of risk off over the course of the Asian session, once again is the Chinese fears. For traders like myself […]

A Fresh Wave Of Risk Aversion Hits The Asian Markets As The EURO Goes Higher

A Fresh Wave Of Risk Aversion Hits The Asian Markets As The EURO Goes Higher There was fresh rave of risk aversion cross the financial markets, with the Euro and the Japanese Yen outperforming during overnight trade. The drop in sentiment seems to push the unwinding of carry trades that is funded in both low-yielding […]

US GDP Numbers Boost The USD, While The EURO Continues Lower Overall

US GDP Numbers Boost The USD, While The EURO Continues Lower Overall   On Thursday, the US dollar gained against most other major currencies after data that showed that Q2 growth in the US was better than initially expected. The US dollar index, which gauges the strength of the US currency against six other major […]

US Dollar Gives Back Some Gains, But The Fed News Awaits

US Dollar Gives Back Some Gains   On Wednesday, the US dollar climbed against most other major currencies, but gave back some gains late in the session. The US dollar index, which is a measure of the strength of the US dollar against six other major currencies, rose by 0.66% to 94.56, but had climbed […]

Black Monday Shivers Hit Markets Across Board Worldwide

Black Monday Shivers Hit Markets Across Board Worldwide GBP/USD is currently trading at about 1.5760, GBP/EUR is trading at about 1.3620, as we saw the big day of trading in the markets on Monday – the “Great Fall of China” or whatever you want to call it. Equity market got hit very hard, bond markets […]

The Chinese Throw Everything And The Kitchen Sink At Their Stock Markets

The Chinese Throw Everything And The Kitchen Sink At Their Stock Markets We’ll start off the trading news this Monday with the biggest news from China, as their stock market there continues its fall. It is currently down around about 10 percent the best part off and follows on for the efforts the Chinese made to […]

Greenback Falls On Muted Interest Rate Expectations And Market Carnage

Greenback Falls on Muted Interest Rate Expectations   On Thursday, the US dollar fell against most other major currencies, after Wednesday’s minutes from the Federal Reserve indicated that there is no fixed agenda for raising interest rates in September. Investors reduced their expectations of an interest rate hike after the minutes of July’s FOMC meeting […]

Euro Rises Against US Dollar on Wednesday As The FED Looks To Pause On China and Deflation

Euro Rises Against US Dollar on Wednesday   On Wednesday, EUR/USD rose strongly, halting a five-day slide. The rise in the single currency came after uncertainty about the timing of US interest rate increases. The currency pair rose by 0.87 by late in the session, changing hands at 1.1121. Earlier, the euro had traded as […]

Deflation, Deflation, Deflation, And Where Is the Inflation In The World?

Deflation, Deflation, Deflation, And Where Is the Inflation In The World? GBP/USD is currently trading at about 1.5560 GBP/EUR is also trading around 1.4060 as the market opens up this Tuesday morning. There’s no real movement overnight with the markets very flat and it is school holiday or summer holiday, and I guess getting to […]