Category: Info

Can EUR/USD reach even higher ground? – 3 opinions

Mario Draghi did his best to talk down the euro, complaining about the exchange rate. This did not succeed, to say the least. What’s next? Here are three opinions: Here is their view, courtesy of eFXnews: EUR/USD: Market Won’t ‘Overdo’ EUR Rise Post-ECB; Where To Target? – NAB NAB Research comments on today’s ECB September policy […]

EUR/USD Forecast Sep. 11-15 2017

EUR/USD was not convinced by Draghi’s complaints about the exchange rate and reached new highs. Can it continue even higher? A mix of inflation, industrial output, and trade balance numbers awaits us. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The ECB did not reach a decision about […]

Draghi complains about euro strength – euro ignores and rises

ECB President Mario Draghi put the exchange rate firmly on the table. The high euro dampens growth and inflation forecasts and were mentioned very frequently. What about QE tapering? The bulk will come in October, rather than December. EUR/USD ignores the complaints and rises some 80 pips. Preview: ECB Preview: Low expectations could send the euro […]

Forex Psychology: Tips to separate emotions from actions

A successful forex traders masters a great system manages the money prudently and is in emotional control. For many traders, having emotional control is quite hard, or at least easier said than done. Nevertheless, here are some tips that can help you get there. Stick to your plan: Before jumping into a trade, leaving itor […]

ECB leaves policy unchanged – EUR/USD holds high ground

The European Central Bank left its policy unchanged. In the accompanying short statement, they maintained their usual phrase about QE: it will continue through 2017 or beyond if necessary. The main lending rate remains at 0% and the deposit rate at -0.40%. No changes were expected to rates. EUR/USD holds onto the levels it climbed […]

USD/CAD has more room to the downside – 2 opinions

The BOC raised rates again and sent the Canadian dollar shooting higher. And it may not be over just yet. Here are two views, both explaining why there is more room to the downside. Here is their view, courtesy of eFXnews: CAD: More Strength On The Cards As Market Will Start To Price-In Further BoC […]

USD/CAD crashes on second hawkish BOC hike

The Bank of Canada did it again. The team led by Stephen Poloz and his colleagues decided to raise interest rates in a decision that was not 100% priced in. In addition, they left an open door to another hike in the near future. The BOC noted the strong growth in jobs as well as […]