GBP/USD Finally Takes 1.70

Forex markets saw some critical breaks in closely watched resistance levels in some of the most commonly traded pairs.
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Dollar Declines But Moves Look Unsustainable

Forex markets traded in ways that match most of the trends seen this year, with the US Dollar once again under pressure against the Euro.  At this stage, it is […]
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Data, Fed Stance Should Support Dollar

Forex markets saw some renewed Dollar buying last week, as a series of factors are currently acting in tandem to support the outlook for the greenback.
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Risk Sentiment to Control Underlying Tone

Forex markets got off to a slow start in the early sessions last week as traders held off on committing to positions ahead of several key event risks.
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Dollar Under Pressure in Thin Markets

Forex markets have shown little reaction to the recent decision by the US Federal Reserve to begin reducing quantitative easing stimulus (with its “tapering” exit strategy).
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Currencies Down on Continued Stimulus Prospects

Forex markets were jarred mid-week as the central market event didn’t come to a conclusion until late in the Wednesday session.  Most of the forex market held off on establishing […]
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Dollar Strength Continues After Supportive Macro Data

The US Dollar saw some declines early last week but later continued with the strong rallies seen during most of the month of May.  The strength in the US Dollar […]
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Dollar Strength to Continue on Central Bank Policy

The US Dollar continued with the strong rallies seen the previous week, gaining against most of its major trading counterparts.  Diverging strategies in central bank policies once again came into […]
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Dollar Higher on Supportive Central Banks

The US Dollar saw a massive rally this week against most of its major trading counterparts, propelled largely by the differences seen in central bank policies.  Macro data was also […]
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