5 Reasons Why Traders are Selling US Dollars

Investors are selling US dollars and we'd like to explain why. All of the major currencies traded higher against the greenback on Thursday with the exception of the Canadian...

Economic Data Calls for July 19, 2019

Here’s what we are looking for in tomorrow’s economic reports (July 19, 2019) — Good Luck Trading! 1. CAD Retail sales (08:30 ET) Bullish CAD — Potential upside surprise given...

Dollar Slips Back, NZD Hits 3 Month Highs

The US dollar traded lower against all of the major currencies on Wednesday as Treasury yields resumed their slide. The New Zealand benefitted the most from the decline, rising to...

Economic Data Calls for July 18, 2019

Here’s what we are looking for in tomorrow’s economic reports (July 18, 2019) — Good Luck Trading! 1. AU Employment Report (21:30 ET) Bearish AUD — Potential downside surprise given...

Aussie Dollar About To Send Bullish Message To Precious Metals?

The Australian Dollar and its ETF (NYSEARCA: FXA) have traded sideways for much of the past 4 years (see blue shaded area on chart above). And since the Aussie Dollar...

This Week In Forex, Crypto, And Stocks – July 16, 2019

Forex Market Overview Last week, the US dollar experienced a dramatic decrease in value. This was followed by a confirmation of planned interest rate cuts from Fed chair Jerome Powell....

Cable Starts To Crash as Brexit Worries Intensify

Market Drivers July 16, 2019 UK Labor data mixed US Retail Sales on tap Nikkei -0.69% Dax 0.08% UST 10Y 2.09% Oil $59/bbl Gold $1413/oz. Europe and Asia: GBP UK Labor Wages 3.6% vs. 3.5% USD Retail Sales...

Vantagepoint Forex Weekly Outlook for the Week of July 15th, 2019

Let’s look at the charts for the U.S. Dollar, Gold, Crude Oil The Stock Market and the Major Pairs. Hello everyone and welcome back. My name is Greg Firman and...

Commdollars Lead FX on Chinese Data Beat

Market Drivers July 15, 2019 Chinese data beats Comms rally Nikkei 0.20% Dax 0.41% UST 10Y 2.12% Oil $60/bbl Gold $1414/oz. Europe and Asia: CNY 9.8% vs. 8.5% CNY IP 6.3% 5.2% CNY GDP 6.2% vs. 6.2% North America: USD Empire...

In Trading – It’s Never About YOU.

Here is the one question you need to ask before you push the trade button -- Is there anything going on that will make other people trade? If the...

Economic Data Calls for July 15, 2019

Here’s what we are looking for in tomorrow’s economic reports (July 15, 2019) — Good Luck Trading! 1. NZ PMI Services (18:30 ET) Bullish NZD — Potential upside surprise given...

Comments on FX Intervention and the US dollar

Comments on FX Intervention and the US dollar: We have heard from Fed Chair Powell. Accordingly, he seems to have signaled a rate cut at the next meeting is baked...