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This week, besides Trump, we had Yellen as a guest. It´s perhaps because of this that the market was clueless and irrational all week.
Important economic data out of Canada could drive the USD/CAD in the week ahead.
The U.S Dollar continued its bearish momentum for the 2nd consecutive trading day falling more than 0.50% despite positive figures from the U.S economy. Let's see a major reason behind this drag!
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A trading journal highlights all your successes and your failures. By keeping a journal you can avoid repeating mistakes and increase you performance.
Hedging consists of going short and long on two positively correlating forex pairs. Man Group uses this forex strategy with great success.
The central banks shift interest rates to help the economy and inflation. But these moves have a great impact on the forex market and related currencies.