Forex

AUD; Are you trading the commodity currency?

The Australian Dollar (AUD) is commonly referred to as a commodity currency. As in, the relative strength of the currency is correlated with the price of certain commodities. For the AUD, Iron Ore and precious metals are the commodities that...

CHF; Is The Swiss Franc The Mother Of All Longs?

Traders of CHF will remember in 2015, when the EUR flash-crashed by 20% against the CHF after the SNB scrapped its unofficial peg to the Euro. The Central Bank of Switzerland, the Swiss National Bank (SNB), is running very high...

Afghanistan Conflict and Commodity Prices

The political, social, and military turmoil currently occurring in Afghanistan will have wide-ranging consequences. Some of which have, of course, already played out. Some will play out over a more extended period....

Why Forex Traders Watch The GBPCAD

If you are after a volatile currency pair to sharpen your trading skill, it is hard to look past the GBPCAD. The pair is volatile enough for opportunities to be scoped out, yet with a smaller risk factor than some...

Canadian Dollar in focus to close out the week

The USD has enjoyed a decent level of upside against the Canadian Dollar since the end of May 2021. This is visible in the D1 timeframe. In this time, the Loonie has travelled from 1.202 to 1.255 per USD....

Inflation: Transitioning from Dovish to Hawkish

Inflation in the US hit 5.4% as of June 2021, its highest value in thirteen years. 5.4% may seem impressive, but don't be fooled. Accounting for the majority of inflation are massive increases in the price of vehicles (new, but...

Is the AUD still a short as it heads to 73 cents?

The AUD is currently on the radar of a few account managers at BlackBull Markets. Being based in New Zealand, our closest neighbour's currency is a reasonably popular instrument to follow. News affecting the AUD will typically circulate the office...

Has the AUD peaked in 2021?

Has the AUD peaked in 2021? What things might we consider when evaluating where the AUD will move in July and beyond? Volatility has definitely subdued in the pair, as the worst of the pandemic is likely behind us. For...

High Impact Forex: What To Watch This Week (June 21-25)

The markets are (possibly) set to be as choppy this week as much as they were last week. The choppiness could materialise as two major Central Banks of the world take the spotlight. On Tuesday, the US Central Bank will...
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