Live Support Centre

News

Boris and Kathy Forex Weekly 20/3/2017

Posted on: 20 March 2017 , by: Boris & Kathy , category: Market Review

Buy Dollar on Dips or Sell on Rallies – What’s the Better Trade? The U.S. dollar traded lower across the board this past week. The best performers were the Australian dollar and British pound but outside of the euro, nearly all of the major currencies appreciated more than 1% against the greenback. ... Continue reading...

Boris and Kathy Forex Weekly 14/3/2017

Posted on: 14 March 2017 , by: Boris & Kathy , category: Market Review

Dollar Marks Time, 4 Rate Decisions Ahead With Yellen preparing to raise interest rates and the market gearing up for stronger U.S. data, the dollar extended its gains against all of the major currencies. The only currency that did not end the week higher against was the euro and that was because of the ECB.  The commodity currencies were hit particularly hard while the sterling crumbled under the weight of Brexit. The week ahead will be another busy one with four central bank rate decisions, Australia and the U.K.’s employment report and the possible trigger of Article 50 on the docket. ... Continue reading...

Boris and Kathy Forex Weekly 6/3/2017

Posted on: 06 March 2017 , by: Boris & Kathy , category: Market Review

March Madness Begins What a great week it has been for the U.S. dollar! The greenback took in gains against all of the major currencies, rising more than 2% versus sterling, the New Zealand and Canadian dollars. Key levels were broken all around with EUR/USD testing 1.05, USD/JPY hitting 114.50 GBP/USD cracking 1.2300 and AUD/USD breaking below 76 cents. These big moves give traders a taste of the volatility that they can expect this month as there are a number of high profile events in March that could shake the financial markets. This coming week for example we have the European Central Bank’s monetary policy announcement and the U.S. non-farm payrolls report. The following week is the FOMC meeting, press conference from Janet Yellen, the Dutch elections and the G20 Finance Ministers / Central Bankers meeting. Of course we can’t forget that U.K. Prime Minister May plans to trigger Article 50 by the end of the month. Each of these events could trigger big moves in currencies but with so much happening over the next 20 trading days, March will certainly be an exciting month.  ... Continue reading...

Boris and Kathy Forex Weekly 27/2/2017

Posted on: 27 February 2017 , by: Boris & Kathy , category: Market Review

From Trump to Yellen & Bank of Canada While there was very little consistency in the performance of the U.S. dollar this past week the greenback for the most part struggled to rally. It sank sharply versus the Japanese yen and only performed better than the euro.  ... Continue reading...

Boris and Kathy Forex Weekly 20/2/2017

Posted on: 20 February 2017 , by: Boris & Kathy , category: Market Review

Currencies Defy Fundamentals – But This Won’t Last There was very little consistency in the performance of the U.S. dollar this past week with the greenback trading lower versus the Japanese Yen, steady against all of the other major currencies except for sterling.  On a percentage basis, the changes were small but given how far the dollar had rallied at the start of the week, the pullback was significant.   ... Continue reading...

Boris and Kathy Forex Weekly 13/2/2017

Posted on: 13 February 2017 , by: Boris & Kathy , category: Market Review

Forex Outlook: All Eyes on Yellen This Week The U.S. dollar traded lower against most of the major currencies this past week with its most significant losses seen against the Japanese yen and Australian dollar. The only currency that performed worse than the greenback was sterling. ... Continue reading...

Boris and Kathy Forex Weekly 6/2/2017

Posted on: 06 February 2017 , by: Boris & Kathy , category: Market Review

Tough Week Ahead for the Dollar? The U.S. dollar traded lower against most of the major currencies this past week with its most significant losses seen against the Japanese yen and Australian dollar. The only currency that performed worse than the greenback was sterling. ... Continue reading...

Boris and Kathy Forex Weekly 30/1/2017

Posted on: 30 January 2017 , by: Boris & Kathy , category: Market Review

3 Central Bank Meetings, NFP on Deck The first trading week of the lunar New Year will be a busy one for forex traders and the potential for big moves or breakouts will be exacerbated by holidays in China, Hong Kong and Singapore. Having come off the first week of Donald Trump’s Presidency we got a taste of how committed he is to the promises made during his campaign. Currencies see-sawed on his executive orders as investors tried to make sense of their implications for the U.S. and global economy. The ones that had a direct impact on FX included his orders to withdraw from the TPP, construction of the Keystone/Dakota pipeline, plan to build a wall with Mexico and border taxes. The U.S. dollar, which had fallen at the beginning of the week recovered part of its losses by Friday. The biggest winner was USD/JPY but the gains were modest and nominal compared to its losses versus sterling, the Canadian and New Zealand dollars. As for the euro, it ended the week unchanged against the greenback. Although many countries have market moving events on their calendars, the U.S. dollar will remain in center focus and for the most part dictate the general trend of other currencies. ... Continue reading...

Boris and Kathy Forex Weekly 23/1/2017

Posted on: 23 January 2017 , by: Boris & Kathy , category: Market Review

Early Outlook for Dollar Under Trump Presidency There was no Trump relief rally. After selling off at the start of the month, the greenback extended its losses against most of the major currencies in the week leading up to Donald Trump’s inauguration. The new President’s emphasis on protectionism made investors nervous and they expressed their concerns by dumping dollars. ... Continue reading...

Boris and Kathy Forex Weekly 16/1/2017

Posted on: 16 January 2017 , by: Boris & Kathy , category: Market Review

Top 5 Market Moving Events to Trade This Week The first two weeks of the year has been marked by profit taking in the U.S. dollar, U.S. stocks and short Treasury trades. Investors unwound their Trump trades after enjoying strong gains at the end of 2016. As a result the greenback traded lower against all of the major currencies except for sterling, which was kept under pressure by Brexit worries. In the coming week we have a very busy event risk calendar that should provide plenty of trading opportunities.  ... Continue reading...

Loading