Sterling Crushed Again

GBPUSD bulls cannot catch a break.  Just when it looked like the currency pair had found decent support at 1.3700, another weak economic report...

Month End Flows Lift US Dollar

FX markets were a tad bouncy during the New York session.  UK politics, Middle East tensions and month-end portfolio flows led to good two-way...

Don’t Fear the FOMC

Happy Monday.  China is closed for Labour Day and Japan is closed for Showa Day and Wednesday is the Federal Open Market Committee meeting. ...

Dovish Draghi Demolishes EURUSD

The ECB held rates steady and stuck with their ultra-easy monetary policy.  That wasn’t a surprise.  The surprise came during the press conference.  Mr...

Countdown to ECB meeting

The European Central Bank (ECB) policy meeting, statement and press conference is today.  FX traders may be reluctant to get very involved ahead of...

FX Markets Consolidate Recent Moves

Wednesday is shaping up to be a quiet trading session and may be even more subdued in Asia due to a lack of economic...