dollar

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. Overall there is strength in the AUD, with minor strength in the NZD and JPY Overall...

The US dollar is rebounding following Wednesday's data showing a lower-than-expected increase in US private payrolls for November, suggesting a gradual cooling of the labor market. Market focus now shifts to Friday's non-farm payrolls for further insights. At the same time, the euro weakened to...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. Overall there is minor strength in...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. Overall there is strength in the NZD...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. Overall there is strength in the USD, CAD, and EUR Overall there is weakness in the...

The US dollar pairs remain the centre stage of attention for the next two days. The dollar index, which tracks the U.S. currency against six major peers reversed from the 11-week highs and ended lower on Wednesday. The index had good two-way price moves since the beginning of this week...

Today all eyes are focused on the several purchasing managers surveys, countries such as Germany, the UK, the US, and the Eurozone. PMIs are significant as they tend to be reliable leading indicators of growth. A reading above 50 indicates expansion while a sub-50 print indicates contraction in...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. Overall there is strength in the JPY, GBP, and CHF Overall there is weakness in the...

The US dollar index slightly reversed from the 6-week highs. On Monday, the dollar index, which measures the greenback against six major peers reached a fresh 6-week high of 103.40. Moving ahead, the price actions appear to be part of a consolidation phase and the pair is likely to trade...

Get ready for a volatile trading day as inventors anxiously wait for the release of the US CPI report for July that might influence the Federal Reserve’s decision on whether to increase the rate of 25 bps at the Sep. 20 meeting. Inflation has fallen from its June 2022 peak of 9.1 percent to 3...

The euro reversed from the early gains and fell against all its major developed-market peers after the latest German inflation data showed more signs of slowing inflation, easing pressure on the European Central Bank to keep raising interest rates. The CPI data showed the annual inflation rate...

Markets taking a deep breath Friday morning and waiting for the US employment report for July. The US Bureau of Labor Statistics (BLS) will release the July jobs report today at 12:30 GMT. The expectations are for 200k jobs to have been added to the US economy in July and the unemployment rate...

The dollar index - which measures the U.S. dollar's strength against a basket of six influential currencies such as the euro, recovered from the early session's lows. The dollar index dropped during the late North American session following a surprising move by the rating agency Fitch's...

Markets turned wildly volatile from yesterday's North American session after the release of stronger-than-expected US economic data while the European Central Bank did not provide explicit forward guidance about future moves. Today the market participants and investors are now turning their eyes...

Today’s US Federal Reserve meeting outcome and Jerome Powell's speech will be closely watched around the world. Market fully pricing in and expect a 25bps interest rate hike for the eleventh time since March 2022 and we do believe this will be the case today. According to FedWatch, the market is...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

The US dollar pairs remain the centre stage of attention ahead of the US Retail Sales data for June. The dollar index, which tracks the U.S. currency against six major peers extend the recent fall on Tuesday morning, giving back some of the gains it made on Monday as investors looked ahead to...

The price of Ripple (XRP) spiked more than 70% over the last 24 hours after a U.S. judge ruled that Ripple did not break securities laws by selling XRP on public exchanges. The decision is a major victory for Ripple, which has been fighting the SEC in court for over two years. The SEC concluded...

Global markets remain volatile ahead of the most awaited macro news of the week, the US CPI report. The US Bureau of Labor Statistics (BLS) will release the latest US consumer inflation figures today at 12.30 GMT. The inflation data could determine the size of the US Federal Reserve's rate hike...

The US dollar pairs remain the centre stage of attention ahead of Wednesday’s US CPI report. The dollar index, which tracks the U.S. currency against six major peers has taken an even deeper plunge on Tuesday Morning dragged down by the speculation that the US Federal Reserve is nearing the end...