Thursday Forex Fundamental Update

Thursday Forex Fundamental Update

After last week’s dramatic NFP numbers the rise in the USD was as expected. The index reached an eleven and a half year high. Today it is pulling back partly on weaker than expected retail numbers and partly short covering and profit taking. In the equity markets, the...
Thursday Forex Fundamental Update

What Drives The Forex Market?

When the Forex makes its big moves you don’t have to look far to find the news or data behind them. The more important question is why. On Friday last week we saw dramatic moves once again in the major Forex pairs as the USD broke out of its range and headed...
Thursday Forex Fundamental Update

Weekly Forex Update

 As dramas continue to unfold we can only look to more choppiness ahead. The market has had some majors events to deal with this week and it is by no means over, with the ECB and non farm payrolls tomorrow. The focus of this update has to be in the antipodes, where...
Thursday Forex Fundamental Update

Staying Ahead Of The Forex Curve

Last week’s focus was on the Fed and Janet Yellen’s testimony to the Senate committee. What she said and the light she threw on the FOMC’s rate intentions is critical to assess, especially with the USD index at record highs. There is no let up. This week we have had...
Thursday Forex Fundamental Update

More Pips, Less Stress

Trading the Forex successfully is not just about finding a system. They rarely work for long and as market circumstances change so do results. Successful trading requires knowledge of the market drivers before any technical system is of value and before any decision...
Thursday Forex Fundamental Update

Thursday Forex Tips and Update.

EURO/GREECE There has been a wealth of critical news to follow this week . Starting with the most recent; Greece has now requested the bail-out extension for six months and the EZ finance ministers will meet tomorrow afternoon to discuss it. This is seen as a positive...