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Currency Carry Trade: What is it and how does it work?

Currency Carry Trade: What is it and how does it work?

Learn how to calculate and implement currency carry trades in your forex trading strategy....
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Crude Oil Forecast: EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged

Crude Oil Forecast: EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged

Brent crude oil is trading marginally higher this Monday after the EU decided on a Russian oil price cap of $60 per barrel....
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Euro Hits a High Note Amid China Re-opening Hopes and OPEC+. Where to for EUR/USD?

Euro Hits a High Note Amid China Re-opening Hopes and OPEC+. Where to for EUR/USD?

The Euro has run higher after the US Dollar collapsed again today amid a strong jobs number, OPEC+ news and China potentially re-opening. Will this dr...
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US Dollar Technical Outlook Remains Grim: USD/SGD, USD/IDR, USD/PHP, USD/THB

US Dollar Technical Outlook Remains Grim: USD/SGD, USD/IDR, USD/PHP, USD/THB

The US Dollar is rapidly losing ground against ASEAN currencies. November was the worst month for pairs like USD/SGD and USD/PHP since 2016. Is furthe...
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Japanese Yen Strengthens Against US Dollar and Euro. Where to for EUR/USD and EUR/JPY?

Japanese Yen Strengthens Against US Dollar and Euro. Where to for EUR/USD and EUR/JPY?

The Japanese Yen made a new high against the US Dollar and Euro last week after breaking below several support levels in USD/JPY and EUR/JPY. Will the...
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Japanese Yen Technical Outlook: USD/JPY, EUR/JPY, GBP/JPY Setups

Japanese Yen Technical Outlook: USD/JPY, EUR/JPY, GBP/JPY Setups

The Japanese Yen has held firm against major counterparts as the safe-haven currency stabilizes around technical levels. USD/JPY, EUR/JPY, GBP/JPY pri...
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Markets Week Ahead: Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA

Markets Week Ahead: Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA

The Dow Jones and S&P 500 have been benefiting from dovish Fed bets. Gold soared as the US Dollar sank. Ahead, crude oil prices face the OPEC+ mee...
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Canadian Dollar Forecast: USD/CAD Looks Poised for Further Upside, BoC Rate Decision Holds the Key

Canadian Dollar Forecast: USD/CAD Looks Poised for Further Upside, BoC Rate Decision Holds the Key

The Canadian dollar looks set to continue its recent struggles. Will the Bank of Canada spring another surprise at next week’s policy meeting?...
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Euro Weekly Outlook: EUR/USD at the Dollar’s Mercy, 1.05 Still Key

Euro Weekly Outlook: EUR/USD at the Dollar’s Mercy, 1.05 Still Key

The euro was unable to hold above 1.05 after NFP data bolstered the USD ahead of a relatively quiet week....
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