Last few days must have felt like very eventful in Forex trading.  Volatility increased in relation to previous weeks and a lot of currency crosses experienced large swings. I could be a little skewed in my observation, being mostly focused on Pound and its pairs lately. When GBP moves it, well, moves and gets noticed. But […]

Turns out my remarks from yesterday’s post, Important trend is emerging, must have touched a raw nerve with investors and traders  worldwide. This is very dramatic- worldwide. Towards the end of the post I was making fun about how predictable and one dimensional Forex related headlines have become. Last sentence was ” Maybe by tomorrow […]

Another central bank raised interest rates. This time it is the Norges Bank, which decided to  raise its main lending rate by 25 basis points from a record low to 1.5 per cent. Norwegian central bank became second among the industrialized nations to bump interest rates after prolonged period of lowering them. Reserve Bank of […]