Talking about Forex this week makes it inevitable to think of the US Dollar. The currency saw its largest weekly gain in 2021. An overly saturated short market, the FOMC making the wrong soundbites in its ultra-loose monetary policy commitment, led to a monumental rise in the USD. That appreciation has nothing to compare with the sea of tranquility if trading the Euro. The index remains stuck in no man’s land. Worse is the outlook for the Swissy one would think judging by the juncture it’s reached. This is now starting to be reflected through price action. The Sterling is putting up a real fight in what I deem a ... (full story)