Commodity prices dominated forex trading this past week, the price of crude oil in particular sending the currencies of export nations higher and weighing on others. With higher energy and food prices forcing up global inflation and traders reconsidering the possibilities of interest rate changes within various nations, many currency pairs consolidated within narrow ranges.
The […]

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Strengthening confidence in the stability of financial markets saw consolidation within ranges for most major currency pairs this past forex trading week, with export currencies benefiting from new highs in commodities prices.
Although second-round inflation effects have pushed wage pressures to record levels, Australia’s high interest rates are finally slowing the demand for housing. The surge […]

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