Author: Tina Reyes

The U.S. Dollar is finished mixed on light volume as traders evened up positions ahead of tomorrow’s U.S. Unemployment Report.  The Dollar opened weaker against most major Forex markets this morning but erased losses...

By: Jay Norris, Senior Market Strategist and Forex Educator 1) Mind SetThe first big difference between professional traders and those that aspire to be pros’ is mind-set. The pro knows that over a particular period of...

The AUD USD posted a strong gain on Wednesday following the news that the Australian economy grew more than expected.  The report showed that Aussie GDP was up 0.6%.  Traders attributed this gain to the positive...

The U.S. Dollar is trading mixed overnight following a strong rise yesterday.  Yesterday’s much anticipated break in the equity markets triggered a risk aversion rally in the foreign currency markets encouraging...

By: Jay Norris, Senior Market Strategist and Forex EducatorDespite some early drama on the downside during the Tokyo session the major currencies recovered during the U.S. morning session to continue their previous lazy...

  Lower equity markets are once again triggering an aversion to risk overnight boosting demand for the U.S. Dollar.  Some of the selling pressure could be coming from investors lightening up positions ahead of...

The U.S. Dollar had a somewhat volatile day in light trading.  The Dollar opened higher because of the overnight sell-off in the Chinese equity markets.  Traders became risk averse overnight and decided to shun higher...

By: Jay Norris, Senior Market Strategist and Educator GBPJPY continues to respect the Monthly Price Point at approx 153.50 – see 240 minute chart below.  A close below this level come month end will be a powerful...

The current saw-tooth pattern to the majors continued with markets see-sawing higher today in sympathy with the current trend in the euro after being dragged lower by the current trend in the Pound yesterday.  Bad news was...

The U.S. Dollar gave back earlier gains to finish lower against all major currencies. Early in the trading session the Dollar received support from a friendly U.S. Second Quarter GDP Report. This report showed the economy as...