Expect more range trading, EUR/USD Could Test 1.32
Following another strong day in the US equity markets, which saw the DOW set another…
Author Matthew Lifson
Matthew Lifson
Matthew Lifson is a Foreign Exchange Trader and a Market Analyst. with Cambridge Mercantile Group.
“Risk-on” trading would seem to be the order of the
During an overnight of pretty quiet trading, the main moving currency was the New Zealand…
AUD under pressure, Slovenia could pressure EUR
The Reserve Bank of Australia cut their interest rate to a record low 2.75% overnight.…
For what it’s worth
With apologies to the ‘60s rock group Buffalo Springfield, “There’s something happening here, and what…
USD/JPY aiming at 100 once again
Once again the USD/JPY is aiming towards the 100.00 level, having tested resistance at the…
April US Non-Farm Payroll rose 165,000
The April US Non-Farm Payroll number rose 165,000.Unemployment rate fell to 7.5%, the lowest since…
“Buy the rumor, sell the fact” mentality ahead of Non
A very busy week of economic releases and central bank meetings comes to an end…
Are negative interest rates really possible? Yes is the answer
The dust is still settling after ECB President Mario Draghi shook up the markets this…
ECB cuts by 0.25 to 0.50%
Expectations ranged between no cut and a 50bp cut, with a 25bp cut having the…
Dollar Under Pressure Ahead of the Fed
The USD remained under pressure overnight as the market awaits the end of the FOMC…