USD/JPY extends gains – Forecast Dec. 11-15 2017

Dollar/yen continued gaining ground as the US advanced on tax cuts and the data wasn’t bad enough to halt the Fed from raising rates. Japan’s GDP disappointed, and added to the pair’s gains. The upcoming week features the Fed as the main dish. Will the pair try to break to higher ground? Update: The Senate approved […]

AUD/USD Forecast Dec. 11-15 2017

The Australian dollar continued grinding lower surrendering to the might of the US dollar. The jobs report is the highlight of the week. Will the Aussie continue falling? Here are the highlights of the week and an updated technical analysis for AUD/USD. The RBA left the interest rate unchanged as expected and sounded a bit more […]

USD/CAD Forecast Dec. 11-15 2017

Dollar/CAD gained some ground on the dovish decision by the BOC. Will it continue rising? The BOC has another opportunity to move the markets with a speech by BOC Governor Stephen Poloz.  Here are the highlights and an updated technical analysis for USD/CAD. The Bank of Canada left the interest rate unchanged at 1% as expected […]

GBP/USD Forecast Dec. 11-15 2017

GBP/USD rose and fell on the twists and turns in the Brexit negotiations in a volatile week. The focus returns to the regular events, which are top-tier ones: the inflation report, jobs, retail sales and of course the BOE decision. Here are the key events and an updated technical analysis for GBP/USD. An agreement on the […]

Why are nations choosing to digitize their fiat currencies?

Australia, which is home to one of the most popular currencies traded, is already knee deep in their assessment towards digitizing their own cryptocurrency. Whilst smaller countries like Estonia and Lebanon have already decided to create their own cryptocurrency, a digital Australian currency would have a significant impact on the current cryptocurrency landscape. Unimaginatively titled […]

EUR/USD Forecast Dec. 11-15 2017

EUR/USD failed to hold onto higher ground in a mixed week. The ECB meeting is clearly the big event of the upcoming week, but not the only topics on the agenda. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. While the euro-zone economies are growing nicely, not everything […]