Month: February 2019

Europe All eyes are on London this morning as Parliament gets set to vote on Theresa May’s Brexit deal at 7 PM UK time. Expectations are for a defeat; the…

Rise of the USD – How high can it go with. Watch the clip on CNBC

Don’t be fooled by the pullback in the U.S. dollar today because the greenback could still strengthen further before the end of the year. Nearly all of the major currencies…

This, according to a hedge fund manager that has decided to cancel all of his fund’s bearish bets on the Japanese Yen. The reason: the yen is rising, and it’s…

DailyFX has conducted a Twitter poll to find out which possible successor to UK Prime Minister Theresa May would be the most positive for Sterling. The results were surprising.

How to Trade Forex Without Watching the News DailyForex.comOne of the biggest misnomers that traders will run into when they start to trade Forex is the fact that “news matters.”…

W7 #FX daily update: #USD 1.39 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #CHF 0.26 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #NZD 0.24 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #CAD 0.12 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #EUR 0.02 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #JPY -0.16 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #AUD -0.83 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #GBP -1.02 {01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}? #MOFuturesFX

Signs that the US-China trade negotiations have hit a snag plus seemingly inexplicably weak US economic data have the DXY Index working on a doji on Thursday.

This week, I came across an article in the San Francisco Gate (which, incidentally, has really ramped up its forex coverage over the last year) that addressed this very topic.…

We’re back from a blogging sabbatical!  We’re back to our regular daily posting and updates. What a better way to start back with a broad picture of the surprising and…

The failed attempt to test the monthly-high ($55.75) may generate range-bound conditions for crude as oil prices snap the bullish series from earlier this week.

Don’t bother counting me in the camp that thinks they can predict when the next recession will hit. The current consensus from those who try to do such things seems…

HSBC forex trading costs cut sharply by blockchain - executive ReutersLONDON (Reuters) - HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system,…

SOURCE: Ticker Sense – Read entire story here.

Charles Schwab and Fidelity Investments are making hundreds more exchange-traded funds free to trade on their platforms –the latest salvo in a battle that has dragged prices lower on everything…

Friday February 15 #FX technical sentiment: #AUDCHF ? #EURCHF ? #AUDJPY ? #CADCHF ?(CONTRARIAN) #MOFuturesFX

Depending on which estimate of expected earnings per share you look at, Nvidia either missed by a mile or cruised past by two miles. Investors seem to prefer the latter.

Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about…

A three-week decline in the British Pound has taken price back into critical support at the yearly open. Here are the levels that matter on the GBP/USD weekly chart.

It’s rapidly approaching and really will be here before you know it!  Don’t hesitate! We’ll be looking forward to seeing you! I’m excited about this opportunity to share some of…