Turns out on Friday markets became active after I had published my post. Volatility increased and once again Japanese Yen strengthened and currencies like Australian Dollar and New Zealand Dollar lost some ground. The USD also moved strongly. Some of the trades mentioned here need  updating. The Yen, year after post covered EUR-NZD trade, which made new [...]

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 [...]

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 [...]