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Forex Trading Alert: U.S. Presidential Vote in Focus
November 8, 2016, 8:00 AMThe USD Index is currently trading at yesterday’s levels as investors remain on the sidelines, awaiting the outcome of a U.S. presidential vote. What the euro, Canadian dollar and Swiss franc can tell us about the greenback’s future moves?
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Forex Trading Alert: AUD/USD – Currency Bulls vs. Key Resistance
November 7, 2016, 7:42 AMEarlier today, official data showed that the Australian Industry Group construction index dropped 5.5 points to 45.9, which pushed AUD/USD under the multi-month resistance line once again. Will this time currency bears take control?
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Forex Trading Alert: What’s next for Major Currency Pairs against Dollar?
November 4, 2016, 12:04 PM -
Forex Trading Alert: GBP/USD Breaks above Important Resistance Zone
November 3, 2016, 9:19 AMEarlier today, GBP/USD extended gains and climbed above important resistance levels after news that the British government lost the Brexit case in the high court. Additionally, the Bank of England kept monetary policy on hold, which resulted in a rally above 1.2400. How high could the exchange rate go in the coming days?
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Forex Trading Alert: Disappointing ADP Report and Its Consequences
November 2, 2016, 10:19 AMEarlier today, the ADP report showed that non-farm private employment increased by 147,000 in the previous month, missing forecasts for an increase of 165,000 and disappointing market participants. In this environment, the USD Index extended losses and dropped under the mid-Oct lows. How did this drop affect the euro, pound and yen?
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