Crisis 2020: Did the stock market bubble just pop?
Today we are talking about why the market crash and if the bubble has finally popped. 2020 has been a pretty crazy year; The pandemic, the hurricanes, and now the…
Read More »Euro Forecast: EUR/USD Set Fair to Reach Highest Levels Since Spring 2018
If ECB President Christine Lagarde was hoping to curb the strength of EUR/USD last week, she failed. Instead, the pair is now well placed to reach new two-year highs above…
Read More »More from Fed’s Evans on the US economy, Federal Reserve policy
Chicago Federal Reserve Bank President Charles Evans spoke earlier. Headlines are here: have a bit of a recap up if you want a little more: Reuters – Evans said easing…
Read More »US Durable Goods Shine – USD Wallows at Lows
EURUSD, H1 US Durable Goods Orders rose 7.3% in June after a 15.1% (was 15.7%) bounce in May (second highest on record) following the -18.3% April plunge. Transportation orders remained…
Read More »FX Update – July 17 – Preparing for the Weekend
USDCAD, H1 Currencies have hunkered down in narrow ranges, with the Dollar and Yen consolidating after rising against most other units yesterday. Global stock markets are lacking direction, too. The…
Read More »Why President Trump doesn’t need to make America great
Number 1 already One very key area of trading to get straight in your mind is the incredible importance of the USD. For many retail traders FX pairs are initially…
Read More »USDIndex – Is the trend still down?
USDIndex – The Dollar has strengthened after home sales came out better than expected, at 44.3% from the 19.7% predicted and higher than -21.8% seen last month, boosting also stock…
Read More »Events to Look Out For Next Week
An important week is coming up as Brexit trade talks resume next week, with Boris Johnson holding a video link summit with the EU Commission President on Monday. In addition,…
Read More »USDJPY – 6-day high to 6-week low
USDJPY, H1 USDJPY dipped from levels just under 107.00 to a low of 106.74, and then rallied to a six-day high at 107.22 during the European session, following the Navarro…
Read More »US president Trump says that John Bolton’s book is made up of lies, fake stories
We are slowly starting to get into the election phase "Wacko John Bolton’s "exceedingly tedious"(New York Times) book is made up of lies & fake stories. Said all good about…
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