Authors Posts by Steve Connell

Steve Connell

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Steve Connell has spent over 17 years working in the finance sector as a trader/market maker and strategist. Over that time he’s worked for several global banks and hedge funds. Steve has a unique insight into a range of financial markets from foreign exchange, commodities to options and futures.


Employment reports are one of the leading indicators that tell you if an economy is improving or worsening. The number of jobs added or lost generally tracks the business cycle and is a strong guide to future interest rate movements.

Reverse carry trade


The reverse carry trade is what’s called an event driven strategy. It’s not a trading system you can use every day – yet at the right time it can generate enormous profits very quickly, and is therefore one you should keep up your sleeve ready to use.

Using inflation data to make trading decisions


Inflation and interest rates are closely inter-linked. Because of this, inflation controls are one of the key objectives for central banks on setting monetary policy.

Breakout on volatility squeeze


Breakout trading is a profitable strategy that's often used by professional Forex traders, however dealing with failed breaks is one of the biggest problems faced.

The yield curve shape at different point in the economic cycle


Yield curves for a currency pair can reveal a wealth of valuable information. They tell you the expectations for the economies and the interest cycle.


There's a widely held view that trade deficits are bad for a currency and surpluses are good. But is this really true? What does it mean when a country has a trade deficit?


The Foreign Exchange market could be in for a major shakeup. There has been increasing concern at how easily foreign exchange dealing is open to abuse, especially around the fixings.


Because interest rates and the debt markets have such a significant effect in forex, it pays to keep a close eye on them. It isn’t enough just to wait for the announcements and guidance from central banks.

Carry trading: Short duration strategy


In tactical carry trading, short-term "technical" trades are entered in the direction of carry interest. This allows interest income to be accrued.

Carry Income example


A profitable carry trade involves selecting the right combination of currency pair and broker. This article looks at the factors a trader must consider.