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 ...

ECB Studying If Differences With Fed Policy Boosting Euro

Will stimulus be endless? US debts will contunue to mount with every stimulus 'created'. So if a 3rd wave comes, you start another stimulus? A big percentage of this stimulus goes into developing some other countries when American consumers buy ...

Biden to Push Through Stimulus Aid

The timing of this news is quite funny, why not wait until the Press Conference in less than 1.5hours time. News with a purpose, anyway, the movement is influenced by these type of rumour mongering.

European Central Bank faces gloomier picture for economy

Even RSI will not indicate that USD is overbought now; at what time frame? Mid March 2020, GBP/USD touched 1.1410 now it is 2,300 pips above that price. If wasn't overbought then, how can it be overbought now, may be he means oversold.

The U.S. Dollar Appears Overbought

When the world wants to go fully digital and make crypto the reigning and acceptable currency. CBs will create their own. Bitcoin was $4k in Marchv2020 and less than 10 months later, touched $41k and if it projected to reach higher, after sometime, ...

Can Bitcoin Replace the US Dollar?

Almost everything is at either all time high or several months high. It needs a breather to continue another day

U.S. retail sales fall again in December

Why not just push it there, by the time it falls to 1.32/31, you are going to write again that Pounds is falling and may likely reach 1.25

The pound is a ‘screaming buy’ if it falls to $1.30, strategist says

And could also hit 1.35 by end 2021 Nobody is sure of what we happen truly

Euro could hit 1.16-1.17 against dollar by end 2021: RBC Capital Markets

A better bet is 1.20 or 1.25 next, 1.30 may be far fetched for now or farther down the year. Never goes in a straight line normally

Euro-Dollar Correction Brings 1.20 into View as Weekly Charts Warn of Setback

So hike that is at least 24months away is now market moving parameter. Market movers can bring any issue to the market and place bet on it.

Money markets ramp up bets on U.S. interest rate hikes by 2023

What is your complaint MOF, most JPY pairs are going through the roof; AUDJPY, NZDJPY, CHFJPY. Intervening on USDJPY will further shoot the other JPY pairs to the moon

Japan MOF Official: Closely Watching Market Movements

Those that were positive years back are now so insignificant that weeks of sell of GBPUSD will be in 2 digits will a buy will be 3 digits. Yet they say interest rate is close to zero or even negative, irony of forex. I would have expected that trade ...

What is a Swap in Forex

You can have any justification, it actually touched 1.3144 in the period and ran almost 500 pips. The big pockets need to sell what they bought at 1.31/32/33, then they buy again for another possible 500 pips. It is their game, you can't beat them, ...

Pound Slips as Qualms Over Brexit Begin to Take Shine Off Deal

More like 'A Deal is done' not 'The Deal' yet. Parliament can still pick holes in it, then we still have EU Parliament on the other side.

Boris Johnson: "The deal is done"

It is possible that GBP could drop 300 pips on this announcement, then you will see people justifying it with; It is already priced in Look at your chart, it is there. Even if it goes up today, the deal need MP ratification and another round of ...

Looks like a Brexit deal could be announced around 7am tomorrow

Seems UK is not too keen on a DEAL Could be a Fool's paradise, with the Australian model. Australian is thousands of miles away, even Australian model will still have a fishing clause

EU’s Barnier: Possibility Of Brexit Trade Agreement Remains

Not reasonable is a strong word. Such strong word is like a drawn line and may also infuriate the other party. Apart from the fear of sovereignty concern, the fishes that may throw the whole nation into big backlash from No Deal, are not citizens. ...

On fisheries, Johnson said EU's position was simply not reasonable

Any deal will still need ratification by EU members and UK Parliament. There was a deal agreed to by Theresa May which was not ratified by Parliament. We wait and see, but the news may shoot GBP to 1.4 and possible disagreement could bring it down ...

EU’s Barnier: Brexit Deal Possible By Friday – AFP

Moral support could be worth billions depending on whose wife she was (or is). Some of the ideas could have been bounced off her or even consulted at the set up stage

MacKenzie Scott, the Amazon billionaire, is giving away $1 billion a month to charity

I doubt if what moves the market have so much to do with publications on FF. The big banks and algos will not be using FF to place most of their trades

Big buzz in the last hour: UK is heading towards a Brexit deal with the EU