FOMC, RBNZ, BOJ Announce Rate Decisions

FOMC, RBNZ, BOJ announce rate decisions The US dollar underwent additional volatility during the FOMC monetary policy statement, as the Fed removed the reference to global financial risks but gave a more downbeat assessment of growth and inflation. Policymakers also omitted the mention of the balance of risks, signaling that they might not tighten in […]

How To Evaluate Trading Setups Using Price Action And ITM RECON?

What is forex or binary  sweet spot trading, and exactly how does one get into a binary sweet spot to take advantage of the quick wins that come in fast fashion?  The forex or binary  sweet spot is when you have your software set up and the news starts to hit the wire and you rake in […]

Are You A USD Bull Through The End Of the Year? Find Out Why…

Are You A USD Bull Through The End Of the Year? Find Out Why… GBP/USD is currently trading at about 1.4420, GBP/EUR is trading at about 1.2820 this morning, so GBP/EUR and GBP/USD higher than where they were this time over the course of the weekend from Friday’s close. Now, maybe due to President Obama’s […]

Trump and Clinton Finish Off New York As The S&P 500 Finishes Above 2100

Trump and Clinton Finish Off New York As The S&P 500 Finishes Above 2100 GBP/USD is currently trading at about 1.4350, GBP/EUR is trading a little bit higher as well at 1.2650 as the market opens up this Wednesday session. The Sterling has been bolstered in the past couple of days, maybe due to a […]

Australian GDP Clocks In At 0.6% Growth, Now What For The AUD/USD Trade?

Australian GDP Clocks In At 0.6% Growth, Now What For The AUD/USD Trade? We saw the release of the minutes of the April Monetary Policy Meeting of the Reserve Board was due on Monday and regardless of its dovish bias, the AUD/USD forex pair did likely recover and was seen testing new 2016 highs. Gain […]

The “Remain Campaign” Comes Out Swinging At the GBP and Brexit Talk

The “Remain Campaign” Comes Out Swinging At the GBP and Brexit Talk GBP/USD is currently trading at about 1.4140, GBP/EUR is trading at 1.2515, odds are that the Sterling are both lower against the Euro and U.S. Dollar compared to where it was this time on Friday. A couple of things over the course of […]

Is A Brexit A Threat To The Worldwide Economy As Some Think?

Is A Brexit A Threat To The Worldwide Economy As Some Think? GBP/USD is currently trading at about 1.4200 the figure, GBP/EUR is trading at about 1.2530, so GBP/EUR is a little bit higher than where it was this time on Tuesday, with the GBP/USD rebounding a little bit lower despite strong inflation announcement from […]

Japanese Yen Has Stopped Its 7-day Winning Streak, Go Short Now?

Japanese Yen Has Stopped Its 7-day Winning Streak, Go Short Now? GBP/USD is currently trading at about 1.4280, GBP/EUR is trading at about 1.2450 as the market opens up this Tuesday session in London. The Sterling is a little bit higher over the course of the past 24-hours across the board. Now, there’s obvious risk […]

Greenback Gets A Beating From The JPY and Commodities

Greenback Gets A Beating From The JPY and Commodities GBP/USD currently trading at about 1.4130, GBP/EUR is trading at about 1.2380, with the GBP/EUR very similar to where it was this time on Friday, while the GBP/USD has moved a little bit higher. The U.S. dollar has moved a little bit higher, with the greenback […]

China’s Real GDP Number Surprises and Oil Prices Surge, What Recession?

China’s Real GDP Number Surprises and Oil Prices Surge, What Recession? UK Services PMI on Tuesday was certainly the headline for the UK economy as UK growth continues to be a more significant risk factor as we work through 2016. Services PMI did slightly beat expectations, but did show significantly slowdown from Q4 of 2015. […]