Where Does Your Favorite Currency Stand On July 29, 2014?

Where Does Your Favorite Currency Stand On July 29, 2014?   United States Dollar:  The US dollar traded nearly flat versus most of its 16 major trading peers except the euro Monday as investors moved to the sideline ahead of a glut of economic data and policy releases.  Binary options trading signals on the dollar […]

Why Are There Hundred Pip Moves On The NZD/USD Currency Pair This Morning?

Why Are There Hundred Pip Moves On The NZD/USD Currency Pair This Morning? Earnings season and the circus that is Herbalife has been dominating the markets over the last few days though central banks around the world have also been in action. Violence continues in the Gaza strip and there is confusion over the Malaysian […]

Forex Trade Copier Signals Issued On The Ruble As New Sanctions Loom At EURO Meeting

Forex Trade Copier Signals Issued On The Ruble As New Sanctions Loom At EURO Meeting GBP/USD currently trading at about 1.7080, GBP/EUR is trading at about 1.2630, so GBP/EUR and GBP/USD very similar to where they were this time on Monday. We didn’t a whole lot of movement in FX market on Monday and overnight […]

Just The Thought Of Interest Rates Going Up Did What Yesterday?

Just The Thought Of Interest Rates Going Up Did What Yesterday?     United States Dollar:  The US dollar gained broadly against a basket of currencies in forex and binary trading Wednesday as US wholesale prices rose more than forecast June, fueling speculation the Federal Reserve will raise rates earlier than expected. US producer-price index gained […]

The British Pound Sterling, Get Ready For Today’s Drop?

The British Pound Sterling, Get Ready For Today’s Drop? GBP/USD currently trading at about 1.7060, GBP/EUR is at about 1.2530, so GBP/EUR and GBP/USD are a little bit lower than where they were this time on Monday. Sharp drops in Sterling on Monday, not really attributed to anything concrete but certainly rumor about CPI figure […]

Where Do We Stand On Shorting Portugal?

Where Do We Stand On Shorting Portugal? GBP/USD currently trading at about 1.7110, GBP/EUR is at about 1.2570, so very similar price action to where we were on Friday (very quiet markets on Friday) and the weekend has also been quiet as well. Central bank movements (the views and thoughts of central bankers), will continue […]

Will The EUR/USD Defy The ECB And Continue Higher?

Will The EUR/USD Defy The ECB And Continue Higher?   US FOMC minutes were broadly positive on Wednesday as the Federal Reserve acknowledged improvements in the jobs market and said that the US economy should rebound in the second quarter from the sharp contraction in Q1. All being well the bank said QE reductions would […]

Daily Signals FX Market Update For July 8, 2014

Daily Signals FX Market Update For July 8, 2014   United States Dollar:  The dollar extended gains into a fourth session Monday amid speculation the US Fed will raise interest rates sooner than expected after reports showed a strengthening labor market last week. The greenback found support in forex and binary options markets after analysts […]

The Best Holiday Weekend Trade? The Aussie Dollar Falling…

The Best Holiday Weekend Trade?  The Aussie Dollar Falling…   US equity markets took a pause on Wednesday as traders held off bets in anticipation of an action packed day on Thursday. US non-farm payrolls have been brought forward a day due to the 4th of July holiday and traders will be paying close attention […]

Will The US Dollar Slump Last All Summer Or End On A Surprise?

Will The US Dollar Slump Last All Summer Or End On A Surprise?   United States Dollar:  The US dollar slumped to an eight-week low versus a basket of currencies Monday as a gauge of US business activity fell more than forecast this month, adding to evidence recovery in the world’s largest economy remains uneven. […]