Flash crash in the pound following Moody’s downgrade of UK
Last Friday, with most traders already having wound down for the evening, and headed home for the weekend, Moody’s decided it was time to spook […]
Forex Market Analysis
Some interesting developments on the dragon
For those forex traders who enjoy the challenge of trading the dragon, namely the GBP/JPY, the pair is now developing some interesting characteristics on the […]
Politics, rhetoric and fantasy drive the US dollar
As the monthly leviathan of NFP rolls into town once again, it is perhaps the weekly chart for the dollar index which is more pertinent, […]
The fantasy world of the FED
Do you remember the halcyon days when rising interest rates and increasing interest rate differentials were the precursor to a stronger currency? Happy days, when […]
British pound driven by politics at present
As always with any currency, the forces which drive it can be many and varied, from fundamentals, relationships to interest rate differentials and sentiment. For […]
US dollar breaks through support region
The US dollar index is at an interesting tipping point as we come to the end of another trading week, and as you will see […]
EU politicians breathe a collective sign of relief
And so the politicians in Europe and Brussels breathe an audible collective sigh of relief as their gold-plated pensions and executive perks look set to […]
Euro remains waterlogged but testing a key level
And finally to the euro index which continues to wallow in a sea of misery, as both politics and fundamental news continue to batter and […]
Yen index benefits from weak sentiment and repatriation flows
Whilst the US dollar has been in a bearish trend for the last few months, for the Japanese yen sentiment here has been the polar […]
US dollar is all about divergence
As markets return to full participation following the Easter recess, and as a new trading week get’s underway, I thought it would be apposite to […]
Mind the gap
Mind the gap is something you hear a lot if you travel on the London Underground – particularly at Bank Station, and is… Posted by […]
Patience…patience for the Aussie dollar
For any longer term trend traders across the primary majors, these are testing times, not testing from a trading perspective, but testing one of the […]
US dollar index now approaching key levels on weekly chart
Ahead of Friday’s advance GDP for the US markets, its time to take a longer term look at the US dollar index from a technical […]
The EUR/USD may be finding some support
It’s been another lacklustre week for the euro dollar as bearish sentiment continues to weigh heavily on the pair following the firm breakaway from the […]
JPY/USD and yen index reflect risk on sentiment
The December contract for the 6J yen/usd on the daily chart is once again testing a key level in early trading, with yen weakness prevailing […]
British pound in the firing line…again
As forex markets get underway in the London session, the British pound is once again in the firing line as relentless downwards pressure drives the […]
The dollar, yen and euro stir from their slumbers
Ahead of NFP tomorrow, all the major currencies appear to have awoken from their slumbers with the US dollar, the Japanese yen and the euro […]
The dollar, the yen and the euro awaken from their slumbers
It was another lacklustre day yesterday across the markets as a constant stream of the great and the good expressed their views on the future […]