Over the past decade, forex trading has undergone a significant transformation driven by automation and advances in technology. While early automated trading tools focused primarily on execution speed and signal generation, modern solutions are increasingly centered on monitoring, control, and transparency.
Log in to today's North American session Market wrap for January 16
Today marked another strange session with stock indexes fluctuating significantly before closing the week virtually unchanged.
Something quite unusual has been happening to me over the past few weeks: I am losing my words. I lose my words in the absurdity of the news flow. I simply don't know what to say or how to express myself while staying polite. And every week, since the year began, has kicked off with abnormal news.
EM currencies are generally ending the year on a strong footing – enjoying the benefits of lower core policy rates, a modestly weaker dollar and many offering high carry. There is a lot of focus on the renminbi at the moment and whether China's $1tr trade surplus will drive the renminbi much stronger. For today, the focus is on US jobs and eurozone PMIs