Easter is fast approaching, which means a slow down in trading. On Good Friday, US financial markets are closed. This means that most likely currencies have only one more day for movements of any size, before settling into a slumber mode. One should also remember that Monday is a holiday in many European countries, so, barring [...]

British Pound has been trying to turn around for couple of week. To date, results have not been very impressive. As soon as the currency makes some progress, it gets pushed right back down. Such was the case last week, when I took few trades betting on GBP recovery. Outcome was mixed, but I keep [...]

Here I am, writing about possible top in Australian Dollar, depending on most immediate changes in interest rates, when Reserve Bank of Australia announced what is going to do about it. Well, maybe no exactly, but RBA Governor made very clear that increase is coming. According to mister Stevens, current levels are still “rock bottom” [...]