What You Trade Matters

Consider the following (excerpts) by Nathaniel Popper from the Los Angeles Times. It describes how easy it is to find suckers when using hype to trap the unwary. Foreign currency trading…

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Forexlive Americas FX news wrap: US stocks recover but fall for the seventh straight week

Kuroda told G7 that BOJ will patiently continue with powerful easing Fed Bullard: We have to get inflation under control. We have a good plan to do so Eurozone May…

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Events to Look Out for Next Week

The growth outlook is looking increasingly shaky. Yet, with inflation going through the roof, the Central banks remains on course for additional tightening measures. The Ukraine war and the standoff…

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Market Update – May 18

USDIndex lost some ground, albeit with the index at better than 20-year highs, as the market repriced for more hawkish BoE and ECB outlooks. Yen is also back in demand,…

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Events to Look Out for Next Week

Inflation pressures remain elevated near historic highs, as worries over aggressive Fed tightening knocking the economy into recession are still on. Slowdown fears are also being exacerbated by slumping economies…

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MUFG trade of the week: AUD/JPY to keep on falling

MUFG recommends selling AUD/JPY in a new trade this week and also re-emphasizes its call for buying EUR/GBP. In AUD/JPY, they recommend selling at spot at 89.50 with a target…

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Forexlive Americas FX news wrap: No bad luck on Friday the 13th. Stocks rebound.

himRebound. US stocks move higher today, but still down on the week Silver trades to the lowest level since July 2020 on dollar buying and bearish technicals WTI crude oil…

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Forexlive Americas FX news: As the clock towards the Fed next week, stocks are not happy

May seasonals: What’s in store in the month ahead? Crude oil gives up earlier gains and settles down $0.67 at $104.69 Russia’s Lavrov: Most key customers agreed to gas-payment terms…

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Events to Look Out for Next Week

The French Presidential Election poses weekend risk for the Euro along with ongoing Ukraine jitters, inflation fears and some divergent CB policies continuing to underpin sentiment. The final week of…

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JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?

The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD,…

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