US dollar is struggling today, with the dollar index down as Forex traders wonder if the Federal Reserve will dial back its plans for interest rate hikes. With the global economy showing volatility, and concerns about what’s next weighing, there is some speculation that the Fed will be reluctant to keep raising rates. US dollar index is lower today as the greenback falls against almost … “US Dollar Index Heads Lower on Fed Speculation”
Month: February 2016
Fight your worse enemy
When it comes to trading, you may very well be your worst enemy at times. Right before you get into a trade, you are level-headed, calculating, and pragmatic. You analyze the various scenarios and make a no nonsense decision. Then the trade goes live and you turn into the kid in front of the ice … “Fight your worse enemy”
EUR/USD Weakness Masking The Truth – CIBC
EUR/USD closed the last week of January slightly lower but still in range.. What is really going on? The team at CIBC explains: Here is their view, courtesy of eFXnews: Mario Draghi’s punishment for disappointing markets in December was swift, with investors bidding up the value of the euro during the following trading days. Although … “EUR/USD Weakness Masking The Truth – CIBC”