U.S. Session Recap: Dollar Rallies on U.S. Q4 GDP Upgrade
Dollar bulls woke up on the right side of the bed, thanks to the Q4 GDP upgrade, upbeat remarks from a few Fed officials, and a new record high for the Nasdaq.
Read MoreDollar bulls woke up on the right side of the bed, thanks to the Q4 GDP upgrade, upbeat remarks from a few Fed officials, and a new record high for the Nasdaq.
Read MoreThe pound was broadly in demand during the session while the euro retreated. Meanwhile, recovering iron ore prices gave the Aussie a bullish boost.
Read MoreAnother day, another snoozer for economic reports. Thanks to a lack of data releases, Asian session forex traders just kept pushing the dollar higher against its counterparts.
Read MoreMost dollar pairs were stuck in consolidation mode as traders were biting their nails while watching the Brexit happenings but Black Crack was able to sneak in some gains with the latest inventory report.
Read MoreThe promised day has finally arrived and Article 50 of the TEU was triggered. As a result the pound bounced higher while the euro and the Swissy got hammered.
Read MoreWith no economic data on tap, Asian session forex traders mostly extended the market themes from the previous trading session. Here’s how the major currencies traded!
Read MoreThe Greenback made a pretty solid comeback on the heels of mostly stronger than expected economic reports, brushing off the setbacks in Washington over the past few days.
Read MoreNot much on the docket for today’s morning London session. As such, price action on most pairs was rather choppy. The yen was an exception, however, since falling bond yields gave the yen a bullish boost, despite signs of risk-taking in the European equities market.
Read MoreWith virtually no economic data printed during the Asian session, forex players mostly traded the previous session’s developments…before taking them back by the end of the session.
Read MoreDollar bulls are getting their hopes up again for fiscal stimulus and tax reform after the Donald mentioned that he is looking to take another shot at healthcare reform by reaching a compromise with the Democrats.
Read MoreAim for the moon. If you miss, you may hit a star.W. Clement Stone