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  2. EUR/USD Risks Another Test of Key Support as U. of Michigan Improves

    by , 05-16-2014 at 11:34 AM
    - U. of Michigan Confidence to Improve for Second Consecutive Month.
    - Print of 84.5 Would Mark the Highest Reading Since July.

    Trading the News: U. of Michigan Confidence

    A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later.

    What’s Expected: ...
  3. Interview with ballpoint pen hyper-realism artist Samuel Silva

    by , 05-15-2014 at 08:33 AM
    Interview with ballpoint pen hyper-realism artist Samuel Silva

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    Unknown to many, Samuel Silva is a lawyer by day, and a talent hyper-realist artist at night. In his spare time, he creates these ballpoint pen drawings you’d otherwise mistake for photographs. We interviewed him recently, and we talked about his growth as a ‘hobby artist’, his work-hobby balance, and his favourite subjects to draw. [read our original post about Samuel Silva here] ...
  4. GBP/USD Fails to Retain Opening Range- Needs Hawkish BoE for 1.7000+

    by , 05-14-2014 at 05:57 AM
    - Bank of England (BoE) to Provide Updated Growth & Inflation Forecast
    - Will BoE Comment on the British Pound?

    Trading the News: Bank of England Inflation Report

    The Bank of England’s (BoE) Inflation Report may generate fresh highs in the GBP/USD should the central bank show a greater willingness to normalize monetary policy sooner rather than later.

    What’s Expected:

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    Why Is This ...
  5. Big banks extend dominance of forex league table

    by , 05-10-2014 at 03:31 AM
    Big banks extend dominance of forex league table

    The biggest banks have reinforced their dominance of the $5.3tn a day foreign exchange market in the past year, according to a closely watched industry survey.

    The combined market share of the top five banks in currency dealing has risen to 60.6 per cent from last year’s 57.4 per cent in Euromoney’s annual poll. It is the first time the combined share of the top five has risen above 60 per cent since 2009.

    The ...
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