forex news

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 …

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 …

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…

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…

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…

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…

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 …

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…

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…

Tech Notes on Wednesday, April 21 Disney (DIS) completes the Head & Shoulders formation with Dow Jones Industrial Average stock below $ 181.01. Exxon Mobil (XOM) dropped below $ 54.45 and completed the double top model. Citigroup (C), a…