The US dollar was the top performer this week The US dollar rebounded this week. Unfortunately it wasn’t due to surging US fundamentals or an upbeat outlook. Instead it was a result of risk aversion and dollar inflows especially on stumbling emerging markets. Along with that, the yen and Swiss franc joined the US dollar

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

February is a bad month for the pound The problem with seasonals is that they’re a secondary indicator, at best. If all else is equal, they can be effective. The problem is that all else is never equal. There’s always something going on that overshadows the trickle of positive/negative momentum from seasonal factors. Cable is

I guess it that is not a surprise Pres. Trump said yesterday that the wall is being built already.  Yet he still needs funding it seems. Or he simply needs to tell his base he got funding to build the wall one way or the other/needed or not needed.  So the comment comes as no

January 2018 seasonals review An unusual January followed an unusual December. Risk assets were pounded in December in what is traditionally a strong month while they rebounded in January in what’s usually a poor month. It’s a good example of using seasonal patterns as only one part of the puzzle. The Canadian dollar was the

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

A look at what’s on the board for today EUR/USD: 1.1320-25 (EUR 1.1bn), 1.1350 (1.5bn), 1.1380 (745m), 1.1400-05 (704m), 1.1410-15 (714m) USD/JPY: 108.00 (USD 1.6bn), 109.20-25 (730m), 109.55 (536m), 109.90-00 (832m) AUD/USD: 0.7130 (AUD 478m) EUR/GBP: 0.8600 (EUR 455m), 0.8700 (420m) Key ones are highlighted in bold. There’s not a whole lot on the board

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Crude oil is traded down -$0.86 or -1.71% today at $51.69 The weekly Baker Hughes rig count data will be released at the top of the hour Last week, the numbers declined for the 1st time in 3 weeks. The numbers showed: Oil rigs  877  Gas rigs 198  Total rigs 1075  The price of crude

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Forex news for trading on December 31, 2018. In other markets as the year comes to an end: Crude oil futures settled the year at $45.41. That was down 24% from the 2017 closing level.  (see post here) Spot gold is trading up $1.20 or 0.10% at $1282.35. The high today reached $1284.23. The low

The major currency biggest winner is the JPY If you were to take the % changes of the major currencies vs. each other and added up those % changes, the winner for largest 2018 change was the JPY (it rose). The next biggest % changer was the AUD (the AUD fell).   The JPY rose vs.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

That’s not surprising considering what week this is EUR/USD: 1.1666 (EUR 857m) USD/JPY: 111.50 (USD 520m) ForexLive The board is also pretty much empty for the next two days as well but things are returning a bit more to normal on Thursday and Friday. Of note, there is a strike at 1.1400 for EUR/USD worth

FX option expiries for the 10am NY cut on Friday 21 December 2018 Coming Up! Title text for next article Forex options expiring today  EUR/USD 1.1435 541m  1.1440 1.2bn  1.1450 1.5bn 1.1460 517m 1.1475 580m  1.1485 583m  1.1500 2.4bn 1.1520 832m  1.1535 2.0bn  1.1540 2.8bn USD/JPY

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, December 11, 2018 EUR short 56K vs 61K short last week.  Shorts trimmed by 5K GBP short 42K vs 40K short last week. Shorts increased by 2K JPY short 98K vs 110K short last week. Shorts trimmed by 12K

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;