Interfax news service reported that Russian troops on the Ukraine border have returned to their base. However, there is a question if this move represented a real attempt by Putin to ease…
USDJPY rebound from 102
The USD strengthened against the Japanese Yen and rebound from 102 back to 102.6. Key catalyst for the rebound of USD was the news of Russian troops will be leaving away…
AUDUSD drop to fresh two-week low
Last week, when CPI missed expectation, AUDUSD loss 100 pips and trade in the range between 0.9250 and 0.93 for rest of the week. Yesterday, AUDUSD looked like break the…
GBPUSD hit fresh 4 year high at 1.6853
After moving downward to 1.677 in early of Asian trading session, GBPUSD reversed it trend to move up quickly and hit new 4 year high at 1.6853 at beginning of…
What should traders do during risk adversion environment?
Risk adversion refer to the behavior of traders when there is uncertainty in the market that prevent forex traders from maintaining or taking more risk postion. Financial crisis in 2008…
Market is moving follow Ukraine news
Ukrained tensions is escalating and risk adversion is dominating the market now. President Putin warned Ukraine against continuing its anti-separatist offensive after Ukraine government troops killed five rebels and prompted…
JPY continue to hold gain waiting for Japan CPI tomorrow
JPY held its first gain and remain steady higher for the past eight trading days against USD on speculation that CPI data tomorrow will show Japan inflation quickened the most in…