Movement is what rules FX markets and it is most times cyclical. Supports and Resistance will be hit sooner than later, and there will be re-direction in the movements. For those that stayed out of market, new setup will emerge to be taken

FOMC Summary of Economic Projections

Wait for 2 days before being sure, it has not gotten above the level seen on Friday when $INX touched 90.37 I understand, you always need to write something

The US Dollar Snaps Back

Rating value has changed since the pandemic, then what was the impact after announcement. In the past, high impact news generate 60 to 100 pips movement. Only Rate announcement get close to that in this era, in fact some +ve news bring reversed ...

UK Manufacturing PMI surges to record high in May

GbpUsd to 1.56 over what period, 2 months, 6months or 1 year.

British retail faces "tsunami of closures" without rent help

You will soon say you are misquoted that the soon is 2023

Yellen: Will be appropriate for rates to rise as we get back to pre-pandemic full employment

It wasn't overvalued when it was 800pips below the current rates against most major, when it was 1.32 against pound Now it is overvalued and may fall further, meanwhile it has weakened in May 2021, if it had gained substantially, you will say it is ...

FX: Overvalued US Dollar Will Weaken Further If Fed Fails To Respond To Higher Inflation: MUFG

It is designed to keep the dollar down, imagine if the forecast had been 4.8 or even 6.0 That is why some people say a lot happen behind the scene

Gross Domestic Product, 1st Quarter 2021 (Advance Estimate)

"Similar bills to crack down on the Organization of the Petroleum Exporting Countries when oil prices are on the rise have appeared in Congress without success for more than 20 years"

US House Judiciary Committee passes bill opening OPEC to antitrust lawsuits over production...

Why? The big Covid of March 2020, took other currencies to like 5 year low or even worse. The only thing is that they recovered heavily. Then most are still high against dollar, so the leg room is down against dollar

Fed Can’t Keep the Dollar Down

But last week it read +250k Playing with information

Employment in Canada Decreased by 100,800 Jobs in February 2021

USD Treasury Yield

Will US CPI Drive Dollar to Fresh Highs?

When the price was at 105 you didn't see that it was going to 109 That was how AUD was about to touch 0.8000, most analyst were already seeing 0.85, then it dropped about 380pips. To succeed in FX, you need to know that there are very few ...

Is 110 next for Japanese yen?

If we agree with you that NZD fell because of Adrian Orr's speech. Did he also talk about AUD and CAD

NZ dollar falls as Adrian Orr says the Monetary Policy Committee is 'only focussed' on its...

It was looking obvious when everything was hitting 3 year high when recoveries are not that certain. The irony of this is that the people that bought at the low will be those dumping at these high and will be waiting at another new low after fueling ...

10Y exploding after huge 7Y auction tail: 1.195%, WI was 1.151%

By the time this is passed, FX rates will come down; then you start hearing; Buy the news sell the fact It is already priced in The stimulus value is less than market expectations. In FX justifying market reaction is so smooth even if unreasonable

Biden’s $1.9 Trillion Stimulus Plan Enters Three-Week Congress Dash

This is why FX is a cycle, there is no price on the list that is completely new, either as a 2 year high or 2 year low depending on which side it falls. A few months from now, some may drop as much as 500-600 pips. That is not to say that a further ...

Sterling hits $1.40 for the first time in nearly three years

So you have a crystal ball to know what end of decade that is over 9 years time will be. There are several possible new developments that could still spur the economies of the world and on the negative side, something else could also happen to turn ...

U.S. economy to grow 4.6% in 2021, slow by end of decade, CBO says

The guy does not have an issue with individuals holding or transacting in Bitcoin. One of his few points is corporate holding, say a multi National company that wants to diversify excess cash, say $100m after a very full portfolio They could buy ...

Ray Dalio: What I Think of Bitcoin

You are going to say the same thing when EURUSD touches 1.25/1.27 Other currencies rose against USD significantly higher.

ECB Ready to Use All Tools Needed to Lift Inflation, Rehn Says

Euro touched 1.0637 at the peak of the pandemic scare and has made a high of 1.2346 which is less than 1,800 pips. Pounds touched 1.1410 and has risen 2,300 pips. AUD fell to 0.5510 and has moved up by 2,300 pips. Obviously the USD is quite weak ...

Knot: ECB Has Tools To Counter Euro Appreciation If Needed