Sep 102019
 
EUR/USD technical analysis: Euro hovering near daily lows as Fed's Powell is bullish on the US …

On the daily time-frame, the shared currency is trading in a bear trend below its … triggered some modest weakness on the EUR/USD currency pair.
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AUD/USD Surges to New 5-Week High After a Retest of August Lows

The AUD/USD currency pair on Friday extended the mid-week rally to a new 5-week high of 0.6838 as optimism returned to market amid calm in trade …
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The Fed: Powell says August job report is sign of continued strength in labor market, doesn't see a …

… the August job report was a sign of continued strength in the U.S. labor market …. that may substantially affect the price and/or liquidity of a currency.
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Pound Sterling Holds Up Amid UK Political Drama

The currency pair was seen posting gains, rising to a two-week high on Thursday. The lower price level of interest is seen at 1.2295. If support is …
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Sep 092019
 
BDCs in 'no error mode' as FATF visit beckons

They are regarded as the weakest link and most implicated, whether true or false when things go awry in the forex market. The reality is that reforms in …
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OSC To Examine Bank Trading Activities After Issuing Huge FX Fines

The two banks were forced to settle after they were charged for not properly supervising foreign-exchange traders for a period of three years. RBC was …
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Cboe Recovers From July, Sees Uptick in August Spot FX Trading

As we enter into September, trading providers are now posting their volumes for the month of August. This Monday, Cboe, the largest options …
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AUD/USD Technical Analysis: Can the AUD Recover?

As the name suggests, it measures the force behind a move. In other words, forex traders will get a better idea behind the strength of bullish or bearish …
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Sep 082019
 
Canadian Dollar Breaks Out, GBP/USD Volatility Surges – US Market Open

DailyFX 2019 FX Trading Forecasts … Tory rebels and the government highlights the current constitutional crisis that is weighing on the currency.
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Forex Economic Calendar Week Ahead: Brexit Vote, BOC Meeting, US NFP & More

The first week of September will bring back trading volumes amid a steady stream of important data releases and events. The September Bank of …
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US Dollar Daily Volatility Report: EUR/USD & USD/CAD Eye Jobs Data

With the August US Jobs report on deck, forex traders should expect heightened … Across the board of US Dollar currency pairs, the significant drop in …
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Forex Action To Heat Up On Tuesday

Holiday trading is always a challenge on the forex. Conditions are typically slow, featuring limited participation and tight trading ranges. In addition …
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Sep 072019
 
The Dollar – The King Of Currencies But Not The Monarch Of Money

The dollar index has significant exposure to the euro currency and the British pound. Together, the two foreign exchange instruments comprise …
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Japanese messaging giant LINE wins crypto exchange license from regulator

This is now LINE's second cryptocurrency exchange, having launched … The Japanese platform BitMax has been approved to offer trading in five …
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US Dollar Sinks As August Jobs Disappoint Investors

The US dollar is falling against a few major currency rivals to close out the … The USD/CAD currency pair fell 0.33% to 1.3186, from an opening of …
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Export Funding: currency exchange risk and forward fixing

2019 saw “Export 2.0” – phase two of the industry export plan – published by the Scotland Food & Drink Partnership. Building on the success of phase …
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Sep 062019
 
Gold Price Prediction – Gold Trades Sideways, a Stronger Dollar Weighs on Prices

Trump wants the Fed to significantly cut rates so the dollar loses value and trade partners do not get the benefit of a weaker currency. If the Chinese …
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TFX Reports Mixed August, FX Trading Up YoY But Falls MoM

During the month, the Australian dollar (AUD), Japanese yen (JPY) currency pair saw the strongest gain on a monthly comparison, posting a total …
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Is It Time to Invest in Gold?

Nevertheless, inflation is typically the hallmark of a period of easy money–low interest rates from the Federal Reserve and low tax rates from the …
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BIS paper studies spread of global currency trading

Examining how foreign exchange trading diffuses across the globe helps shed light on the renminbi's development, a Bank for International …
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Sep 052019
 
Eurozone Manufacturing Contracts For 7th Consecutive Month

The currency pair continued to extend declines. Price action fell to fresh lows of 1.0968. The bearish momentum is likely to persist for a while. With the …
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Venezuela Obliterates Weekly Bitcoin Trading Record with 114B Bolivars

On September 2, monitoring resource, Coin Dance, published interesting data that tracks trade volumes on P2P crypto exchange platforms. The data …
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FX option expiries for Monday September 2 at the 10am NY cut

FX option expiries for Monday September 2 at the 10am NY cut … technical analysis charting tips, forex analysis, and currency pair trading tutorials.
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USD/JPY Correcting. First Target at 108.00

The US dollar versus the Japanese yen currency pair is consolidating after confirming the 105.50 support level. Given the strong retracement, …
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Sep 042019
 
Wall Street traders pump up Argentine peso as currency controls bite

BUENOS AIRES/LONDON (Reuters) – Argentina's peso surged on Tuesday morning, pumped up by Wall Street traders back after a long holiday …
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Back to School for Forex Brokers

As summer comes to an end and traders snap out of holiday mode, it's essential to brace yourself for the September buy-back period. While you might …
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Euro-Zone's Manufacturing PMI Contracted In August

In the Asian session, at GMT0300, the pair is trading at 1.0934, with the … The currency pair is trading below its 20 Hr and 50 Hr moving averages.
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Bitcoin's Narrowing Trading Range Seen Suggesting a Push Higher

The largest digital asset is trading in a narrow range between its 50- and 100-day moving averages, with the former acting as a ceiling. A break above …
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Sep 032019
 
Binance acquire JEX – Who are a derivatives trading specialist

Binance who are a massive cryptocurrency exchange acquired Jex which appears to be Chinese and specialises in providing its customers with …
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China, US Struggle to set September meeting for trade talks

China, US Struggle to set Sept. meeting for trade talk $MACRO #China … 780 in an operation with insider trading by the US federal agency FINRA.
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USD/CAD retraces majority of daily rally, trades above 1.33

The USD/CAD pair rose to its highest level in ten-weeks at 1.3362 earlier today but failed to preserve its bullish momentum with the trading volume …
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Millionaire By Choice An inspiring Journey of a Young Indian who builds Forex Empire in 10 years

The book gives an account of how Abhijit Kulkarni who started his stint with Forex trading in 2008, with no prior experience and no training struggles to …
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Sep 022019
 
Foursquare Gospel Church Ifako District Empowers 1000 in Skill Acquisition

David Adetomiwa had skill training in fashion designing, Bread baking, Hat making, Forex training and others as several youths were present to …
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UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator

(Recasts with RBC's settlement). By Moira Warburton and Nichola Saminather. TORONTO, Aug 30 (Reuters) – Royal Bank of Canada and …
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India's forex reserves are 'not built out of export surplus': RBI Deputy Governor

“Gyrations in the forex market in these circumstances leave no option other than market intervention to restore orderliness in the market,” he added.
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Gold trims some of its gain as US, China attempt to steer down trade tensions

Gold trims some of its gain as U.S., China attempt to steer down trade … forex brokerages and research departments including Global Forex Trading, …
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Sep 012019
 
Leading Indicators Defined and Explained

A leading indicator is a technical indicator that uses past price data to forecast future price movements in the forex market. While there is no single …
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Tips on how to trade effectively

The more you know, the more you'll earn from FX trading. … fully understanding how to do so, consider taking a break to continue your education.
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FX Week Ahead – Top 5 Events: September RBA Meeting & AUD/USD Rate Forecast

One possible explanation could be due to the looming September RBA meeting as forex traders await fundamental clarity. Consequently, Australian …
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VIX: Volatility Hints at Next Move in Gold, US Dollar & Stocks

Turning to US Dollar price action, we find that the greenback has climbed to new multi-year highs alongside a sharp rise in forex volatility (measured …
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