Daily Forex Market Preview, 10/10/2018
Economic data on the day showed that Japan's economy watchers sentiment rose to 48.3. This beat estimates of 47.3 but was weaker than the previous month's 48.7.
The German trade balance data showed… Read More
EURUSD or EUR/USD is shorthand for the pair of currencies made up of the Euro and the United States Dollar. Trading this pair, in particular, is often known as trading the "euro" (even though there are other currencies the Euro trades… Read More
Daily Forex Market Preview, 09/10/2018
With the U.S. and Canadian markets closed, trading was relatively subdued. Still, the U.S. Dollar managed to maintain a steady pace of gains on Monday.
On the economic front, China's Caixin… Read More
Non-Commercials reversed their net long positions in the Euro last week selling 11k contracts to take the total position to -7k contracts. This massive shift in positioning came ahead of the Fed once again raising rates a… Read More
Daily Forex Market Preview, 08/10/2018
Australia released its retail sales report. Data showed that retail sales increased 0.3% on the month, matching estimates. In Japan, the household spending report showed a 2.8% increase on the year.… Read More
Daily Forex Market Preview, 05/10/2018
The U.S. Dollar was seen giving up some of the gains on Thursday. Price action retreated after a strong rally during the previous days. Economic data on the day was mostly limited. Australia’s trade… Read More
Daily Forex Market Preview, 04/10/2018
The U.S. Dollar was seen maintaining the gains on Wednesday. The USD Index was seen rallying to a fresh one month high on an intraday basis. Economic data on the day showed that the Eurozone's final… Read More
Daily Forex Market Preview, 03/10/2018
The U.S. Dollar was seen rising to intraday highs before easing back by the end of the day. Economic data on the day showed that the RBA held its monetary policy meeting. Interest rates were unchanged… Read More