US Dollar slipped into new lows for the year against many currencies. Euro, Australian Dollar, Swissy and Kiwi all made new annual highs. Markets are not very volatile, most movement seems to done in this persistent, relatively steady pace which is great for long term trend followers. Slightly harder for active traders, like me, to [...]

Forex carry trade, after months of obscurity, is making a come back. For those who forgot what it was, carry trade involves borrowing(selling) low interest currencies and buying higher paying ones. Idea is to collect the interest rate differential, on top of price appreciation which this action is expected to bring. For many years Japanese Yen [...]

Next week rounds up some important events for Forex traders. FOMC interest rate announcement is scheduled for the 23rd. While no big changes in policies are expected, markets will likely react in some form. Over last few weeks most of the major central banks held their periodic meetings. No surprises were recorded, yet markets managed to stage moves [...]