The US Dollar Is Starting To Make A Comeback, Watch Your USD/EURO Trade!

The US Dollar Is Starting To Make A Comeback, Watch Your USD/EURO Trade!   The US dollar was higher on Wednesday, driven northward by yesterday’s data that showed surprising strength in US construction. The US dollar index, which measures the strength of the US currency against six other major currencies, was up by 0.17%, changing […]

The US Dollar Marches Higher As The EURO Begins To Fall Off Drastically Around The World….

The US  Dollar Marches Higher As The EURO Begins To Fall Off Drastically Around The World…. GBP/USD is currently trading at about 1.5495, GBP/EUR is trading at about 1.3975 (it went as far as 1.3990 this morning), with the Euro continuing to falloff after it fell off quite dramatically. It lost around 3cent against the […]

Why Greece Could Be A Pain In The Side To Forex Traders This Week?

Why Greece Could Be A Pain In The Side To Forex Traders This Week? GBP/USD is currently trading at about 1.5712, GBP/EUR is trading at about 1.3750, with the Sterling lower against both currencies over the course of the weekend session compared to where we were on Friday. The Sterling may struggle this week, we’ve […]

US Dollar Stays at Four-Month Lows, So What Creates The Next Rally?

US Dollar Stays at Four-Month Lows   On Thursday, the US dollar remained at lows not seen since January, despite slightly positive news on the US unemployment front. The US dollar index fell by 0.26%, hitting 93.49 – the worst level since January. EUR/USD was trading at 1.1401 late in the session, a rise of […]

Bond Yields Going Up Everywhere, Where Can A Poor Forex Trader Hide?

Bond Yields Going Up Everywhere, Where Can A Poor Forex Trader Hide? The market started off with what was considered a surprise move from Greece, as the embattled country was able to pull off the unexpected yesterday. The Greeks were able to cut it down the wire, as they were able to pay off close […]

The GBP/USD Rips Higher On Post Election Boost, But Get Ready For The Reversal?

The GBP/USD Rips Higher On Post Election Boost, But Get Ready For The Reversal? GBP/USD is currently trading at about 1.5420, GBP/EUR is at about 1.3820, so GBP/EUR and GBP/USD are very similar to where they are this time on Friday after the post-election boost that they’ve got, after a news that we received that […]

GBP and EURO Rise Against The USD As NFP Jobs Report Misses As Expected

GBP and EURO Rise Against The USD As NFP Jobs Report Misses As Expected   On Thursday, the greenback rose against other major currencies in late trading in the US session, powered higher by positive jobless data. The US dollar index, which measures the greenback against six other major currencies, rose to 94.59 – a […]

Neural Network Forex Prediction Model Shows NFP Doomed To Disappoint?

Neural Network Forex Prediction Model Shows NFP Doomed To Disappoint?   On Tuesday, the greenback dropped against most other major currencies, after conflicting US economic data failed to spark any optimism over the continued strength of the US recovery. The US dollar index, which shows the strength of the American currency against six other major […]

Euro Gains as Markets Await The Mysterious NFP Jobs Report…

Euro Gains as Markets Await The Mysterious NFP Jobs Report… The Euro was somewhat the top performing currency during the week in review, as it gains +2.58% versus the Australian Dollar, dis gain slight above for the US dollar at +2.91 and the Euro experienced a gain of +3.85% against the Japanese Yen , which […]

Is the USD Starting a Monster Rally Or Just A Head Fakes On The Way Down?

Is the USD Starting a Monster Rally Or Just A Head Fakes On The Way Down?   On Thursday, the greenback made a modest comeback against other major currencies, in the wake of data that showed unexpected strength in the US job market. However, yesterday’s policy statement from the US Federal Reserve continue to dampen […]