Monthly Archives: November 2016

Fx Market Daily 30 Nov. 2016

The US dollar fell on Tuesday as the greenback consolidated its position against most major currencies following a roller-coaster 24 hours which traders say may just be a precursor to three weeks of risk-packed events including the Federal Reserve’s December … Continue reading

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OPEC Meeting To Take Centre Stage.

OPEC is certainly going to be next week’s hot topic. On the 30th of November, we will know whether OPEC members have managed to coordinate a deal to freeze production. Saudi Arabia is pushing to convince other members to cut … Continue reading

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Forex Weekly Analysis. 28 Nov.

Good Morning All; we’ll see a new weekly forex analysis. UK: Growth still holding up post Brexit The latest Growth Domestic Product release showed that the UK economy grew by 0.5% during the three months to September 2016, confirming the … Continue reading

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Don’t be Fooled by the Dollar

Don’t be fooled by the performance of the U.S. dollar today because the uptrend remains intact.  The dollar may have declined versus the Japanese Yen and commodity currencies but it remains strong against the euro, Swiss Franc and British pound.  … Continue reading

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Forex Markets In Detail 28 Nov. 2016

Good Morning All; The US dollar slid against major rivals on Friday as investors took advantage of a minor pullback in U.S. bond yields from recent highs and a holiday-shortened week to consolidate gains that had propelled the currency to … Continue reading

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