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The Sterling surged to 2.0000 as traders anticipate a rate hike from the BOE tomorrow. The Dollar stayed steady amongst the other majors, but appears to be set up for a fall against the Sterling.
Read MoreUnfortunately it looks like the anticipation of the BOE rate hike was too much and we were stopped out of the trade.
Read MoreAfter a brief pause yesterday, the Dollar continued to gain strength as it surged against the Euro and Swissy and made slight gains against the Sterling.
Read MoreThe market pretty much stayed still today after the Dollar fell sharply on Friday. With the lack of news today it looks as though traders are waiting for a fundamental push before making their next move.
Read MoreThe Dollar gained momentum as Non Farm Productivity came out higher than expected. Tomorrow’s NFP will play a big role in the future direction of the Dollar in the next few days.
Read MoreThe Dollar extended its gain against the Euro and Cable as it was able to push them down from critical resistance points and now may be poised to bring them down even lower.
Read MoreThe Dollar rallied nicely against the Swissy and Yen. As a result it held its resistance against the Euro and Sterling as well.
Read MoreAfter falling pretty good on Friday, the markets have eased up on the Dollar today as traders wait to make their next move.
Read MoreThe Dollar made some nice gains today against the majors and broke the 2.0000 support versus the Sterling which it had been having trouble with for the past few days.
Read MoreThe Dollar was once again unable to penetrate the 2.0000 mark versus the Sterling and it seems as though the market is undecided on where this pair should go in the near future.
Read MoreThere are two kinds of failures: those who thought and never did, and those who did and never thought.Laurence Peter