Alpesh Patel

Major FX pairs demonstrate mixed perfomances ahead of the FOMC meeting, investors undecided on what to expect MORNING BRIEF Mixed performance by the US Dollar yesterday with the American currency retreating against the Euro and the Pound but gaining against other majors. The inconsistency in performance is a definite sign that market participants are not […]

Dollar on the rise across the board as the rise in Retail Sales brings tapering even closer, will the Fed pull the trigger next week? MORNING BRIEF Dollar was in the forefront yesterday with the US currency strengthening against all the other major currency pairs as the Retail Sales report printed out positive. The figures […]

US Retail Sales could provide the last piece of the ‘tapering puzzle’ while Dollar claws back lost ground against most majors MORNING BRIEF Major currency pairs gave back some of the ground they have gained against the US Dollar during recent sessions as the US currency strengthened across the board. The only exception was the […]

Dollar continues to retreat against other majors as the tapering and budget ceiling discussions attract investors’ attention MORNING BRIEF Dollar was in the backseat for yet another day as most major currency pairs continued gaining ground against it. The Euro climbed higher and almost reached 1.3800 while the Pound hovered around the 1.6450 area, affected […]

High-beta currencies extend their gains over the Dollar as investors are waiting for more hints on the tapering decision MORNING BRIEF High-beta currency pairs extended their gains yesterday as investors didn’t seem to be moved by the better than expected NFP report on Friday. The Euro was lifted higher to reach 1.3750 and the Cable […]

Dollar remains oddly unchanged as the NFP data surprise to the upside, where’s the rally? MORNING BRIEF Friday was good day for Dollar traders as the stronger than expected Non-Farm Payrolls report boosted their confidence over their pro-Dollar positions. The NFP report showed that the US economy added more than 200K jobs the previous month […]

It’s ‘NFP Friday’ and investors are eager to see how the major report will affect the existing trends, will it boost or end them? MORNING BRIEF Busy day for currency traders yesterday as volatile trading conditions in the markets sent major currency pairs on a rollercoaster ride. The coinciding European and US data releases were […]

Majors on a volatile swing as investors are baffled by the mixed signals, ECB and US Jobless Claims to move the market today MORNING BRIEF Volatile trading conditions in the currency markets for the last 24 hours as yesterday’s events came out mixed. Investors learned that Euro-zone’s PMI numbers came our better than expected but […]

High-beta FX pairs gained versus the Dollar yesterday as a host of economic reports is expected today challenging recent trends MORNING BRIEF Major currency pairs had the chance to correct higher against the US Dollar yesterday taking advantage of the lack of any significant news. Euro climbed back up to retest the 1.3615 high and […]

Dollar rallies against most majors as investors are optimistic over US recovery, tapering talks back in the forefront MORNING BRIEF Dollar was on cue yesterday with the American coin rising against almost all of its counterparts during the European session. Even though the figures we expected from the European region came slightly better than expected […]