AUD/USD rose during the session with all of the other risk related currency pairs as the ECB announced it would be swapping Greek bonds it owns for longer dated ones over the weekend. This helps the process...
EUR/USD rose during the session on Thursday as the market found the 1.30 level as being overly supportive. The pair had been bearish for much of the session, but as if on cue – the market suddenly...
GBP/USD rose during the session on Thursday, and acted like it was shot out of a cannon. The pair has recently pulled back, but the bullish action for the session will have many of the bears running.
The USD/CAD pair initially spiked during the session as we started out with a “risk off” attitude. However, if you have been watching our videos, you know that the 1.01 area is a place that we saw...
USD/CHF fell during the Thursday session as the markets reversed course when it was announced the ECB could be swapping their shorter term debt bought in Greece for longer dated ones. The move hasn’t been confirmed yet,...
USD/JPY rose again on Thursday as the US jobless claims number came out at the lowest level in 4 years. The pair is massively beat down over the last few years, but the truth is that the...
The Euro zone’s GDP contracted by 0.3% in a 4Q.
The rating agency Moody’s downgraded the credit ratings’ of six European countries,
Yesterday was fairly hectic for euro traders after the credit downgrade of several EU countries sent the common currency tumbling. The EUR saw a brief upward correction during mid-day trading after the release of a better than...
The USD/JPY pair shot straight up on Tuesday as the trading world reacted to the Bank of Japan’s continued easing of the monetary policy the country is following. The
