This week has been surprisingly positive for the US dollar considering the series of negative data releases yesterday. Overall, USD has made significant gains against most major currencies and even reached…
Tag: USD
How Do I Trade EURUSD If Italy Leaves the EU?
Brexit cracked the European Union, and the financial world now watches in anticipation of the domino effect. We’ve all seen what happened to Sterling after the EU exit was announced, and…
Fundamental Analysis: Dollar on the Rise ahead of Retail Data
An ongoing upward movement has been seen for the dollar over the past few days in a fairly slow period for the world’s most traded currency. Recent factors affecting the dollar…
Euro Dollar Forecast If Italy Exits the Eu
While Brexit continues to rock the European Union, the world is holding its breath in anticipation of a domino effect … might Italy be the next country to exit the bloc…
Trading USD in 2018: ahead of the pack
The US dollar defied expectations in 2018, rising by over 10.5% against a trade-weighted basket of competitors. Forecasts that the ‘rest of the world’ (RoW) would catch up proved misguided. In the…
The Well-oiled Currency: Yuan Trading Into 2019
The clamor that has surrounded China’s recent government policy of restricting overseas business even further and making it harder for many firms to do business in the People’s Republic is on…
Bull vs. Bear: which is the best forex pair to trade?
Before you start making real trades, it is important to know what you’re getting into. Trading forex has the potential to be exciting, entertaining, and even a profitable way to spend…
Euro volatility: trading the forex storm
Growth in the Eurozone has slumped and businesses are already feeling a pinch. While European banks prepare to tighten their belts, foreign exchange (forex) traders may well be cheerfully rubbing their hands…
Bull vs. Bear: How The S&P Affects USD
In this article, we’ll focus on the US economy, and try to understand how the domestic stock market influences the mighty “greenback.” Specifically, we’ll look at the S&P 500 index, and…
Trump's twitterbombs: OPEC Pushes Forex USDCAD
On this week’s roundup of Donald Trump’s tweets, we look at a very important tweet that has a major impact on the oil markets and consequently the USDCAD. For the past…