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US Dollar’s the big winner after the announcement cut apart from a few pairs which gained back its own momentum (like USDCAD)

Let’s see the few big movements.

GBPUSD

2.0516 to 2.0334 = 182 pips move

AUDUSD

0.8897 to 0.8711 = 186 pips move

USDJPY

110.76 to 110.46 = 130 pips move

Read the full post of Aftermath of December Interest Rate Cut (At 25 Pts)

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From ForexNews,

The greenback edged up higher against the majors in early US trading, firming to 1.4017 versus the euro and 117.48 against the yen before easing in the afternoon ahead of the FOMC monetary policy minutes. The currency market remains quiet as traders returned to their desks following the holiday to a dearth of fresh economic news.

Read the full post of MG Financial - Fed Minutes Supported USD

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It’s the time of the month again with Non-Farm Payroll in about 2 hours or so.

Let’s show you what I’d usually do before the big numbers and probably derive something from there and then with both fundamental and technical analysis. I’d start my day by visiting Forex Factory’s economic chart and check the forecast and the previous number.

Read the full post of Trading Non-Farm Payroll, The Big Numbers

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Hello Again Forex Fans!

Well, the news releases on Friday were very interesting. Nevertheless, I am awaiting the London session to see there reactions for today.

There are a few pairs Ive been watching. I dropped you all a hint about U/J on thursday night. If you were paying attention, we all made some nice pips. I had also taken a short on U/CAD which I hadnt spoke about earlier and made some nice pips on there news also.

Read the full post of Humpty Dumpty’s Corner - Forex Signal for 8th July

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