June 2, 2014
GBPUSD- Cable has pulled back on the upside as expected,with it holding the 1.67 mark. We have seen okay GBP data such as the manufacturing PMI coming out at an expected 57.0 which is above 50 so this may have helped cable on the push on the upside. With cable remaining oversold for far too long,… View Article
May 30, 2014
USD/CAD– The pair continuing to fall, I should imagine it will make it down to the 1.080 mark before all the data we have coming out at 1:30. We have various CAD data coming out such at GDP, IPPI and RMPI all out at 1:30, along with US data such as core PCE price index,… View Article
May 29, 2014
Some dovish chatter drops EURUSD bellow 1.36 following the release of a fresh advisor report. Talk suggests that the opinion is slightly dovish, speaking of several potential easing measures which have been widely in discussion in the recent sessions. Now trading around 1.36.
May 29, 2014
The Dollar throne is shaking As we have heard in the news earlier this week that Russia and China are trying to change the American Dollar currency when trading with each other. The first initiator on this move was Iraq when decided to use Euro instead of the US Dollar when selling Oil to Europe… View Article
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