So, the EU agreed to an article 50 extension to Brexit, and 75% of the UK may well have breathed a sigh of relief, at least temporarily. British Prime Minister Theresa…
Month: March 2019
Fundamental Analysis: DKK Flat after Unsurprising Data
The Danish krone has been somewhat volatile but overall unchanged today after data this morning came in as expected. Also among the drivers of stability for the krone is the euro’s…
Forex Spread: Full Disclosure
When it comes to choosing a broker, ‘tight spreads’ is often the thing you see all over the advertising banners. But, just what is a forex spread, what’s tight, and why…
Fundamental Analysis: Some Positivity for the Rand
The rand bounced slightly this afternoon from recent lows after the South African Reserve Bank’s statement. The SARB held its repurchase rate at 6.75% as predicted and did not indicate the…
Fundamental Analysis: Peso Declines despite Better Data
The Mexican peso has made significant losses against most major currencies today as ‘risk-off’ sentiment appears to be returning. Despite significantly stronger data from Mexico so far this week and oil…
Gross Domestic Product: The Big USD Profit Indicator
When it comes to measuring a nation’s profits and economic status, the Gross Domestic Product (GDP) is the one to watch out for, and here it comes again. Traders who don’t…
Do US Treasury Bonds Indicate a False US Economy?
There’s been talk that the US economy may well be far worse than it appears, and that the Fed is compensating with artificially inflated prices to keep USD sentiment rosy. It’s…
Fundamental Analysis: Forint Declines as MNB Holds Base Rate
The Hungarian forint has made sudden losses amid high volatility today after the meeting of the Magyar Nemzeti Bank. The MNB kept its base rate unchanged as expected; however, HUF received…
Mexican Peso: Rounding the Top of the Rollercoaster?
So you’ve spent a few days getting to know your MetaTrader trading platform, and now you’re wondering which pair to trade. You’re not alone. The major pairs are usually the more…
Fundamental Analysis: Slight Gains for the Kiwi Dollar
The New Zealand dollar has strengthened slightly since the end of last week amid slightly better data from New Zealand. Traders are gearing up for a series of crucial releases from…