EURUSD, GBPUSD, USD Talking Points: The post-FOMC backdrop has been busy as reverberations continued to show through Asian and European session opens following yesterday’s Federal Reserve rate decision. Risk assets are flying-high and the US Dollar is dropping back towards a key area of support. EUR/USD is making a strong topside push despite the earlier-week
Daily thread to exchange ideas and to share your thoughts Good day, everyone! Hope you’re all doing well as we get things going here in the European morning session today. It’s been a lively and action-packed start to proceedings with central bank remarks flying all over the place alongside great price action in the dollar with the
Weekly crude oil inventories and production: Oil -3106K vs -1250K expected Gasoline -1692K vs +477K expected Distillates -551K vs +377K exp Refinery utilization +0.7% vs +0.34% exp Production 12.2mbpd vs 12.3 mbpd prior API numbers released late yesterday: Crude -812K Cushing +519K Gasoline +1458K Distillates -50K WTI has jumped into positive territory at $54.10 from
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What’s “the secret” behind successful traders? The Forex market is the largest trading network in the world with $1.8 trillion dollars being exchanged every day. There are dozens of different currencies traded but the big players to focus on are all traded with the US dollar and include:  EUR (Euro), GBP (British pound), JPY (Japanese