With Thanksgiving this week, we should expect a little different dynamics in market behaviour. Historically, it is a relatively slow week, comparing to days preceding it. I still expect Monday and Tuesday to be rather active, but later on most financial markets should quiet down. This includes Forex. Now, that would be “typical” Thanksgiving week. [...]

Friday came (almost) to an end and it proved to be another wild run. Not just in Forex; stocks basically recovered all of yesterday’s losses. It is truly amazing, behavior of the markets. It shows you just how confused participants are. This applies to everybody, small retail trader, trading institutions, market makers and everybody in [...]

What is it? Race to a zero? It seems to be latest activity world central banks are engaged in. Zero being 0% interest rates. looks like we have an ongoing competition. Yesterday Bank of England announced that is considering another very large rate cut. That was perhaps one of the reasons Pound took a turn [...]