2018

The U.S. Dollar maintained strong gains on the last trading day of October. The U.S. Dollar index was seen rising to a two year high briefly on Wednesday. The Bank of Japan left interest rates and its QE program unchanged at its meeting…
Read More

The financial markets saw a frothy month in October despite lack of any clear fundamentals. The U.S. equity markets took a nosedive on concerns that the accelerated pace of inflation could speed up the Fed’s rate hike plans. However, the…
Read More

The U.S. dollar continued to post gains on Tuesday. Economic data on the day showed that the Eurozone's initial estimates of the third quarter GDP grew just 0.2% in the three months ending September 2018. This brought the annual GDP growth…
Read More

The Bank of Canada held its monetary policy meeting last week on Wednesday. Amid a resilient economy, rising inflation and the recently lifted clouds of uncertainty over trade, the BoC was seen hiking interest rates in a…
Read More

USDCAD or USD/CAD is shorthand for the pair composed of the United States Dollar and Canadian Dollar. Often it's called trading the "loonie," as that is a slang term for the Canadian currency. While CAD trades with other currencies, its the…
Read More

Traders born in November fall either under the Zodiac sign of Scorpio or are on the Scorpio-Sagittarius cusp. Blessed with a sharp intellect, they possess a flair for the extraordinary and are known to be forward thinking. This is what…
Read More

Following the disastrous results (for the two ruling parties in Germany) of the regional elections in Hesse on Sunday - results which weren't entirely unexpected as was discussed in a previous article - the political situation in Germany…
Read More

Moving higher in an impulsive manner. The 261.8% extension and possible completion of a 5th wave, is seen at 113.28 (from 111.38-112.10).
Read More

The U.S. Dollar managed to hold its ground on Monday. Economic data was sparse. In the European trading session, the euro currency came under pressure after the German chancellor, Angela Merkel announced that she was stepping down as the…
Read More

The European Central Bank held its monetary policy meeting last week on Thursday. As widely expected, the ECB kept its interest rates unchanged but signaled that the central bank was entering the final leg of its bond purchase program.…
Read More