Monthly Economic Review: Australia
When China devalued the yuan, forex traders reacted by dumping the Aussie in a hurry. So, is there a fundamental reason for forex traders to be bearish on the Aussie or is everything just hunky-dory?
Read MoreWhen China devalued the yuan, forex traders reacted by dumping the Aussie in a hurry. So, is there a fundamental reason for forex traders to be bearish on the Aussie or is everything just hunky-dory?
Read MoreDespite being a Friday, today’s morning London forex session was surprisingly volatile. Even more surprising is the fact that the main movers were the Kiwi and the Aussie.
Read MoreIn the latest turn of events from Greece, Prime Minister Tsipras announced that he is resigning and called for early elections. Will this compromise the latest bailout and the euro’s forex gains?
Read MoreIt’s all about the PMIs today, forex fellas! China and Japan got the ball rolling in today’s Asian trading session, and here’s how the numbers turned out.
Read MoreThe spotlight was on the pound during today’s morning London forex session, thanks to the U.K. retail sales report. But risk sentiment was in play too due to the market’s reaction to FOMC meeting minutes.
Read MoreThe minutes of the July FOMC meeting are out, giving forex traders a glimpse of what really went down during the Fed’s latest huddle. So are they ready to hike interest rates in September or what?
Read MoreDollar bears probably needed to take a break from painting the forex town red after seeing the July FOMC minutes. Consolidation was the name of the game in today’s Asian trading session, although some yen pairs saw more action.
Read MoreI’ve been getting some questions on the differences between MT4 and MT5 forex trading platforms so I’ve decided to give y’all a rundown of their features to help you decide which one to choose.
Read MoreGeronimooooo!!! Forex traders sold the dollar like a hot potato yesterday thanks to a less-hawkish-than-expected FOMC minutes. What did the report say anyway?
Read MoreWith no major data on the docket, today’s morning London forex session was driven primarily by market sentiment and the forex market’s inter-market relationships, especially with the equity markets and commodities.
Read MoreWhat’s shakin’ forex friends? Did y’all catch the pound’s moves after the U.K. inflation report was released? If you’re lookin’ for another potential market-mover, then check out my Forex Trading Guide for the U.K. retail sales report for July.
Read MoreRebound in dairy prices? Meh. Kiwi forex traders shrugged off the 14.8% increase in the GDT index during the latest dairy auction and here’s why.
Read MoreThe dollar’s price action was as mixed as the crowd in Pipcrawler’s party last weekend, as forex traders priced in a couple of news reports.
Read MoreThe spotlight was on the U.K. inflation reports during today’s morning London forex session, and pound pairs were naturally the main movers. Do ya wanna know how the inflation data turned out?
Read MoreLooking for another economic event to trade this week? Uncle Sam’s printing the July CPI readings on Wednesday so y’all better check out my Forex Trading Guide for this release.
Read MoreForex junkies are still paying close attention to the Chinese central bank’s moves lately, as these could have far-reaching effects on the global economy. What did the PBOC do this time?
Read MoreThe latest COT forex positioning report from the CFTC reveals that the U.S. dollar is still the king (or queen, if you like) of the forex world. I bet you’re wondering what’s driving demand for the Greenback, huh?
Read MoreHo-hum. With no major reports released yesterday, forex traders found it easy to get on with their summer vacations.
Read MoreEven though the forex calendar was almost empty, today’s morning London forex session saw enough volatility and directional movement to keep most forex traders interested.
Read MoreBrace yourselves, forex fellas! U.K. inflation reports are coming! Better take a look at my Trading Guide to see if the BOE hawks and pound bulls are likely to triumph this time.
Read MoreTiming is an edge; use it to place your bets strategically. And the size of your bets plays a huge role. At the outset of each major move, ask yourself, “How much can I make?” Because the payoff has to be worth it, right? And finally, “How much can I lose?” Because you don’t want to bet your deli to win a pickle.Larry Hite