Editorials

Key Update on Dollar Weakness and Brexit

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Today’s Fed Interest Rate Decision out of the US was, as expected, to keep the rate unchanged. However, the Fed Statement accompanying the decision sent shockwaves out. The Fed had earlier stated that they would implement one rate hike this year, towards the Fall. Today, they reversed direction, pushing off the next potential rate increase […]

Brexit

The UK Soap Opera’s Newest Plot Twist

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After the almost 3 years’ shambles that Brexit has turned into, this week we saw Theresa May for the first time use the term “No Brexit” in a non-sarcastic statement. Yesterday’s Theresa May speech before the House of Commons placed the entire idea of Brexit in doubt. Among the possibilities introduced were a 2-month to […]

Editorials

Rule Britannia!

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The day of the United Kingdom’s referendum¬† on whether or not to remain in the EU, back in 2016, the Pound (GBP) traded against the Dollar (USD) at a rate of US$1.50 per GBP. As the voting results started to come in, and throughout the long night (I’m in the US), the GBP dropped precipitously […]

Editorials

Volatility is Back!

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Volatility Ahead

Yes, volatility is back, and why you should care…. Volatility is a fancy statistical term for the amount of uncertainty about the size of change in something’s value. And that was me trying to say what it is in a very simple way. Even I had to read that twice, and I know what I […]

Editorials

How to Trade a Fundamental Announcement

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Bonus Level Galaga

One of the more frequent questions we get from traders is how to trade a fundamental announcement. These have the potential to move a currency pair hundreds of pips within seconds. Of course, that may be a move against you as easily as a move in your favor. Normally, when we trade the Forex Market, […]

Editorials

US Government Shutdown

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By Martin Falbisoner - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=28359031

Well, it’s happening. And it’s not the first time it’s happened, either, so it’s not like it’s the end of the world. In case you’ve been skimping on your Daily Recommended Allowance of news, what I’m talking about is that the United States Congress, never a bastion of common sense, managed to end the week […]