Tag Archives | forex

The Underlying Fundamentals

Last week the Dollar continued to gain against the majors, hitting multi year highs against the Yen and a seven week high vs. the Euro. A fundamental boost from the Bank of England’s Rate hike helped the British Pound buck the dollar’s strength, but it remains well off the recent highs. A few unexpectedly dovish […]

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The Underlying Fundamentals

In the last few sessions, the U.S Dollar fought back against most major foreign currencies, something we haven’t seen in a while. However, the somewhat unexpected strength exhibited by the U.S. Dollar did not bring the currency to new highs; it simply retraced some of the ground lost since late November. In fact, several of […]

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Japanese Yen

Yen Trade Recommendation

The Japanese Yen has suffered due to Dollar strength in recent months. We are seeing signs that the tide is turning in this market and are positioning long for the balance of this year. The Bank of Japan (BOJ) has recently entered into its own rate hiking cycle and have just recently hinted at another […]

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Dollar Index

Dollar Index Trade

The Dollar has been unusually strong this past summer. We are reaching a technically significant level at 87.00 and are looking for this market to begin to pullback after the election cycle is over here in the US. We are also seeing large traders really chase this dollar higher. I know when ever I try […]

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Hong Kong’s Forex Market Strives to go Global

Hong Kong’s foreign-exchange market can leverage its strengths to become an international centre, Monetary Authority Chief Executive Joseph Yam says. In his weekly column Viewpoint, Mr Yam said the local forex market has adequate liquidity to cope with large orders, and its supporting infrastructure is arguably the best in the world, particularly in managing settlement […]

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Trading Plans

Hello, My name is Stu Mitchell. Background – been trading 30 years, been a broker, CTA and managed funds, trading system developer, etc. But like everyone – I haven’t been trading any longer today than the first guy who started trading this morning – and you are only as good as your last trade – […]

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