Markets sprang to life today, following sleep inducing slumber of day before. Seems that all currency pairs decided to move, but not really until London session was well under way. My guess is Valentine’s Day must have been fruitful for traders- everybody took it easy on Monday, but dug in today with renewed vigor. We […]

Yesterday NFP report was released. It was much anticipated by economists and traders alike. And it delivered, only not what one would expected. This was a single most convoluted piece of fundamental news I ever came across. One hand non-farm payrolls declined by 20,000 positions, meaning that employers are still eliminating jobs. At the same […]

Trading week comes to an end on a reports that the British Pound is falling because of slower than anticipated retail sales. This applies mainly EUR-GBP, currency I have been following earlier in the week. And the week before, too. Not sure how much impact data from UK really had. In my mind Pound had […]