Forex

Should traders be watching Inflation data this week? Definitely!

Inflation data from outside the US should pique traders interest this week. Several major economies will be reporting on actual inflation figures experienced during September 2021. Will they match their forecasted values, or will the data follow US inflation and...

What The Disappointing NFP Report Really Means For The USD

According to Federal Reserve Chair Jerome Powell, a "decent" September NFP would be needed for the Fed's planned bond-buying slowdown (tapering) to remain on track for November. Without Powell's definition of "decent" or a stated value that meets that definition,...

USDARS: The Curious Case Of The Argentine Peso

What Is Your Strategy For Trading GBPUSD This week?

Devising a strategy for trading the GBPUSD requires an intimate knowledge of the technical and fundamental variables that affect this fan favourite pair. A perfect strategy is elusive GBPUSD, but a good or great strategy is within reach. Let's look...

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....
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