Traders begin positioning themselves ahed of FED, ECB
The EUR began the overnight trading session on a firm basis after Italy’s new Prime…
Author Matthew Lifson
Matthew Lifson
Matthew Lifson is a Foreign Exchange Trader and a Market Analyst. with Cambridge Mercantile Group.
USD on the Defensive
The USD opens this week on the defensive as traders show concern that the US…
EUR/USD Regenerating Before Huge Week – Falls to Come?
As the JPY and CAD seem to have taken the spotlight today, one wonders wht…
JPY on the rise, EUR remains in roller coaster ride
The Bank of Japan met overnight and while maintaining there resolve to double the monetary…
Focus Shifts to Central Banks
The USD was mostly lower in overnight trading as the EUR tested resistance at 1.3060.…
If it goes up, it’s probably going higher, but if
We have seen the EUR flirt with either side of the 1.3000 level today and…
Any USD/JPY move towards 100.00 benefits the EUR
The EUR has been in the spotlight overnight, as the currency dipped to the 1.2955…
A move above 100 is still expected for USD/JPY
After flirting with the psychological 100 level during the Asian session, the USD/JPY has backed…
UK Downgraded by Fitch – GBP/USD Extends Losses
According to Bloomberg, the Fitch ratings agency has dowgraded the UK to AA+, with the…
EUR and AUD Benefit from a Weaker Yen
The USD/JPY was the main currency mover overnight as it became clear that Japan’s policies…