Aussie Rate Decision Larger Impact on Markets
The decision to leave Australian’s interest rates unchanged left the Aussie vulnerable and hurt. A look at the decision, the impact for the Aussie and the larger impact for other currencies as the Non-Farm Payrolls are coming.
The decision
Although it wasn’t totally unexpected, the decision to leave the Australian Cash Rate at 3.75% and raising the [...]
Dollar Wins the week big time – Are the tables turning?
This was the week of the dollar, making a strong corrective move across the board. This temporarily halted with the release of the good GDP from the US, but risk appetite was soon replaced with fear. Fear started the week and and fear closed it.
The US dollar index rose from 75.30 to 76.26 at the [...]
Dollar falling in the Hide of the Night
The US dollar finished the period of grace and returned to falling. The Aussie is at new highs, and the Pound is continuing its comeback. Who stays behind this time? The Yen – Dollar Yen correlation is back in town.
After quite a volatile day, the Asian session sees renewed dollar weakness. The strongest currency of [...]
Why is the Geppy So Popular?
Out of all the possible combinations of crosses, GBP/JPY, also known as the Geppy, is probably the most popular cross. Here are some possible reasons.
GBP/USD combines the British Pound and the Japanese. The most popular pair in the world is EUR/USD. The Geppy doesn’t include the Euro. Although EUR/JPY and EUR/GBP are also respected and traded, [...]
No Green Shoots for the Greenback
The US dollar gives in to pressure and falls across the board – with serious breakouts, including in EUR/USD. This time it isn’t only risk aversion: also the Japanese Yen falls, and the correlation between the two safe haven currencies is broken. US Dollar index is in the lowest levels in a year. Only the [...]
Finding New Pairs to Trade
Guest Post by ForexTraders.com
By nature, traders, forex or otherwise, can be creatures of habit. That is if we find something that works, we stick with it until it stops working. As it pertains to forex trading, this includes the pairs we trade. Many forex traders get into the game and focus on just one or [...]
Forex Links for the Weekend
Here’s a nice collection of forex-related articles for reading this weekend. All the articles below have a scope of more than on day’s trading:
Michael Greenberg of Forex Magnates, writes about how the economic recovery will hurt forex trading. I think that forex trading will stay strong, and I have a few reasons for that.
James Chen [...]

