Monthly Archives: October 2017

A quiet start to the week with most of the FX

It’s been a quiet start to the week with most of the FX pairs tracing out narrow ranges in early European and Asian trade as the dollar was slightly weaker and the euro mildly bid. The EURUSD rose steadily towards … Continue reading

Posted in Fx Market

Forex Weekly Outlook (October 30-November 3)

EUR/USD GDP for Q3  beat the market expectations and the same was observed during the week as the US economy expanded at a pace of 3% (annualized rate) which indicates that there is a strong demand from businesses and consumers … Continue reading

Posted in Fx Market

UsDollar Rally Is On.

It has taken a long time but the US dollar has finally initiated its muchawaited rally. The demand for the greenback had already started to pickup a few days ago as investors anticipated the ECB will be extremely cautious and … Continue reading

Posted in Fx Market