Forex Strategies
FX Majors Trading Strategies
EUR/USD: had a strange run up after the better-than-expected US GDP yesterday.
Daily FX Wrap and Strategy
The NZD/USD has declined to trade around 0.7800 currently. Yesterday’s release of the RBNZ’s inflation
Daily FX Update
The USD is generally stronger, with the largest gains against AUD and NZD followed by the Scandinavians.
FX Majors Trading Strategies
EUR/USD: opened almost unchanged. Sell on upticks to 1.2460 with stops at 1.2525 and add at 1.2490. Flows have been mixed with no clear direction, but the overall tone remains heavy.
Daily FX Update
Last week: Since the close on November 14th, the USD has gained over one percent against JPY, AUD and
Daily FX Wrap and Strategy
There was plenty of volatility in the NZD on Friday night. The NZD/USD ended the week at 0.7880, but well off intra-night highs.
Daily FX Update
The combination of China’s interest rate cut and President Draghi strong words suggest a heightened level of
FX Majors Trading Strategies
USD/JPY: had a sharp selloff after Japan Finmin Aso expressed concerns regarding rapid yen weakness earlier today.