The US Dollar Basket index continues to act as a pivot for the rest of the financial markets. The potential triple-bottom pattern is still building momentum with a short-term pullback generating buying pressure overnight Monday as global …
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Forex News
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The Week Ahead – Key Jobs & Prices Reports to Look Out For
Markets burst into life last week. At the open of European trading on Monday the 21st, the markets took a glance in the rear-view mirror and a ten-minute tumble followed. However, after the momentary slump, comments from the US Fed about …
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Forex and Equity Prices Disconnect – Which Means Volatility Lies Ahead
After several days of roller coasting, the financial markets took a breather on Wednesday and offered an opportunity for investors to consider which way next? Interestingly the forex and equity markets appear to be drawing different concl…
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Volatility Picks Up After Interest Rate News. Which Way Now?
Market volatility picked up on Friday and has led to an overall weakness in assets and a shift in indicators to ‘Sell’; however, this could just be another bear trap on the 14-month surge in risk assets. The minor correction continued ove…
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The Forex Pairs to Hold into the Fed Interest Rate Decision
The US Federal Reserve’s interest rate announcement on Wednesday is the big event of the week. It raises the question of which forex pairs to hold going into what should be a significant event.
The view from the trading floor is that, of…
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This Is How the Inflation and Jobs Data Will Pan Out This Week
The week beginning 31st March will be a shorter one for US and UK markets, thanks to the Memorial Day holiday and UK Bank Holiday on Monday. This doesn’t necessarily mean that it will be a quieter one. Inflation is the current hot topic a…
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What is ECN Account, and how does it work?
ECN (Electronic Communication Network) is an electronic communication network, which is a special trading account through which transactions are made directly between market participants….
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Tesla Comments Send Bitcoin and Cryptos Crashing
Last week’s inflationary scare has resulted in a significant uptick in price volatility. The CPI report out of the US revealed that US consumer prices in April increased at the highest rate for 12 years. As identified in this report, the …
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GBPUSD –Sterling’s Price Surge Makes it the Market to Watch
Monday’s one per cent intraday move in GBPUSD is a notable event. The upward momentum in sterling marks it out as the market to watch as a range of fundamental and technical factors come into play.
When the global financial markets op…
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Technical Indicators Coming into Play in the Market
Risk-on assets have started Monday’s trading sessions by consolidating the significant gains they made last week. Overnight in Asia, there were mixed reports, with Chinese and Hong Kong stock indices weakening, while those in Tokyo and Au…
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