Greenback’s Gain Extends The Federal Reserve will be awaiting an announcement about its own leadership possibly within weeks whether President Donald Trump will ask Janet Yellen to remain as the Fed Chair as her term ends after February. After the meeting on Wednesday, the Fed is about to announce its decision about reducing its huge […]

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Euro gaining upper hand against Greenback Since economic growth is in high momentum and inflation is balanced, the European Central Bank is expected to announce that its purchases would slow down. The German Finance Minister, Wolfgang  Schaeuble said in an interview that ECB when ending its ultra-loose monetary policy needs to be aware to prevent […]

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Time for some correction The pair is pressured towards the south with strong USD across the charts and had an exhaustion from last week’s gain. The price fell to the lowest since last Thursday and continues its path of being corrected. The price had dropped more than 100 pips this far. The pair is heading […]

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ECB on Focus To understand the trading methodologies during ECB, we must first understand the call for meeting and its contents. Given below are few key points to watch during the meeting: • When will the QE purchase end? If ECB decides to taper the program by end of 2017 or start of 2018, then […]

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In Forex, trading on the right currency pair plays a prominent role in shaping your trades. While there are hundreds of pairs thrown out in front of your trading screens, the ultimate choice of singling out “few from many” comes down to the traders themselves. How then, do we pick the “right” pair from an […]

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