Mar 312020
 
GBP/USD: Bulls still have control [Video]

Trading in Foreign Exchange (FX), Bullion and Contracts for Differences (CFDs) is not be suitable for all investors due to the high risk nature of these …
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Forex Market Outlook For The Week March 09 – 13, 2020

After announcing a trade surplus of 329 billion yuan for December 2019, China had deferred the release of trade figures in January this year. Customs …
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Coronavirus – New York declares a state of emergency

We provide real-time forex news and analysis at the highest level while … Founded in 2008, ForexLive.com is the premier forex trading news site …
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DAX 30 & FTSE Technical Forecast for the Week: Volatility is Back

RESOURCES FOR FOREX & CFD TRADERS. Whether you are a new or experienced trader, we have several resources available to help you; indicator …
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Mar 302020
 
Two from Erode scam many of crores with forex trade

The investors were then given training in forex trading at a fee of Rs 14, 000. They were asked to download an app for trading activity. Initially, they …
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Interesting pattern on USD/CHF points higher – Elliott wave analysis

His feature articles have been published on FXstreet.com, Thestreet.com, Action forex, Forex TV, Istockanalyst, ForexFactory, Fxtraders.eu, Insidefutures.
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Hallmarks Of An Exceptional Forex Calculator

And getting overwhelmed by so much info may discourage you from trading … And if a forex calculator has links to more than one market, the better.
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BOJ to launch new forex platform, introduce swaps and derivatives

It is for this reason that the central bank will introduce the platform, which will allow foreign exchange market participants to trade among each other with …
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Mar 292020
 
USD/INR: Rupee Weakness Forestalled by Crash in Oil Price

The currency pair has been trading flat since the open of trading on Monday following a +0.68% gain last week. The Indian rupee. The Indian rupee is …
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Nikkei 225 closes lower by 5.07% at 19698.76

The weakest close in the Nikkei in more than a year. Nikkei 09-03 ForexLive. With the close today, the Nikkei is down by over 16% year-to-date as the …
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USD/TRY: Is Another Breakdown Pending after Oil Price Collapse?

One key level to monitor is the intra-day low of 6.06971, from where this currency pair converted a breakdown below its short-term support zone, now …
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NG Naira Becomes First African Currency on Binance P2P

In October 2019, the crypto exchange initially opened deposits for NGN. This featured three major trading pairs, namely USD/NGN, Binance Coin/NGN, …
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Mar 282020
 
US stocks jump in a monster bounce — Dow gains most since 1933

It was a great day to buy stocks as the market bets that Congress will come … Founded in 2008, ForexLive.com is the premier forex trading news site …
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FXTM Expands Offering, Launches European Shares CFDs

According to the foreign exchange (forex) trading provider, with today's announcement, some of the most popular European shares are now available for …
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Ruble's Plunge Has Traders Weighing Bank of Russia's Options

Nordea analysts Grigory Zhirnov and Tatiana Evdokimova see the currency trading at 75-82 against the dollar if brent stays between $20-30. If it nears …
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COVID-19: Bankers Committee directs oil firms to sell forex to CBN only

… all oil related companies must sell their foreign exchange (forex) to the CBN … “Engagements will be held with correspondent banks, trade creditors, …
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Mar 272020
 
EURUSD above a topside trend line at 1.1181. Can buyers keep the momentum going?

Helping the currency pair is that the ECB has limited easing potential. With the Fed cutting rates, that narrows the interest rate differential in the favor of …
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indaHash Price Down 15.1% Over Last Week (IDH)

indaHash (CURRENCY:IDH) traded 12.9% lower against the U.S. dollar … Binance Coin (BNB) traded up 5.4% against the dollar and now trades at …
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US Congressman Introduces Crypto-Currency Act of 2020

… crypto-currency and crypto-security. Respectively, the three categories would be governed by the Commodity Futures Trading Commission (CFTC), …
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Technical Trade Levels: US Dollar, EUR/USD, USD/CAD, S&P, Gold & Oil

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. DISCLOSURES · Michael Boutros, …
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Mar 262020
 
Why a 'disorderly' US dollar surge is being blamed for adding to market volatility and the global …

If there's one currency 'aggravating the selloff in global asset markets, it is the U.S. dollar'. Getty Images. Email icon; Facebook icon; Twitter icon …
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Canadian Dollar: USD/CAD (CAD=X) on the Rebound

The Canadian dollar is continuing to rally in early Toronto trading, with … During an uptrend (which appears to be the case with FOREX CAD=) the …
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Indian rupee hits 20 against UAE dirham amid coronavirus fears

Against the UAE dirham, the rupee was trading at 20.02 at 10:15am (UAE time), … On Tuesday, the Indian currency had fallen by 43 paise to close at a …
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Dollar remains lower. Off the lowest levels on the day in volatile trading

Looking at the pip changes and ranges of the major currency pairs, the USDJPY is near its lows for the day, while the AUDUSD is more off of its highs.
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Mar 252020
 
Fed establishes TALF, to do open-ended Treasuries and MBS purchases in the amounts needed

Will buy Treasuries, MBS in the amounts needed to ensure smooth market … Founded in 2008, ForexLive.com is the premier forex trading news site …
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EUR/USD Forex Signal: Pivotal Point at 1.1065

Trades may only be entered before 5pm London time today. Short Trade Ideas. Short entry following a bearish price action reversal on the H1 time frame …
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HFTrading: Trade Crypto, Forex and CFDs on the World's Most User-Friendly Trading Platform

Forex is where the big leverage lies on HFTrading. Precisely, you can maximize your profits with a trading advantage of 1:500. And depending on …
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Atlanta Fed's Bostic: Fed actions meant to show there will be maximum stimulus available now and …

Says there was concern as of last week about market functioning. … Foreign exchange (Forex) trading carries a high level of risk and may not be …
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Mar 242020
 
S&P Tests Support, EUR/USD Sell-Off Slows as USD Tempers Gains

… level on DXY, its strongest value in three years; and sitting just ahead is a big zone of resistance that turned the currency around in early 2017 trade.
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GBP/USD Tests 1.2000 Level

Yesterday, the GBP/USD exchange rate declined to the 1.2000 level. … Note that the currency pair is pressured by the 55-hour SMA near 1.2200. Thus …
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NZD/USD Breaks Channel Pattern

The currency pair declined by 168 basis points or 2.76% in value during yesterday's trading session. The exchange rate is trading near the bottom …
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New Zealand Dollar Exchange Rate: Investors Flee Leaving NZD Behind

The Kiwi currency is still struggling to overcome the pressure put on it by the coronavirus crisis. The drop in NZD came as investors began as foreign …
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Mar 232020
 
USD/JPY climbs above 107 as USD strength continues to dominate FX markets

During the early trading hours of the Asian session on Wednesday, Trade Balance data from Japan will be looked upon for fresh impetus. Technical …
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EMERGING MARKETS-Brazil's real hits new lows, Mexican peso recovers

… gathered steam as nervous traders rushed to buy the most liquid currency as a slew of … Brazil's real slipped 1.5% to new lows of 5.0865 per dollar.
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GBP/USD Forex Signal: Bearish

GBP/USD Forex Signal: Bearish. 17/03/2020 … As the U.S. Dollar is broadly strong, I am bearish on this currency pair today below 1.2250. GBPUSD …
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AUD/USD Decline Likely To Continue

The currency pair declined by 181 basis points or 2.87% in value on Friday. The exchange rate is presently trading near the bottom border of the …
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Mar 212020
 
US futures bounce back a little but gains are far from certain today

As for the currencies space, it has been one-way traffic since the European … Founded in 2008, ForexLive.com is the premier forex trading news site …
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GBP/USD Drops 1000 Pips And Reaches 1.22 Support

What is next for the currency pair with the nickname Cable? The GBP/USD is now testing the Fibonacci retracement levels of the wave B vs A (purple).
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Switzerland's Producer And Import Prices Dropped In February

Amid lack of macroeconomic releases in Switzerland today, investor sentiment would be governed by global macroeconomic news. The currency pair …
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EMERGING MARKETS-Brazilian, Mexican currencies hit new lows, dollar demand up amid …

… Olivia Alvarez Mendez, FX market analyst at Monex Europe. Brazil's real slipped 0.2% to new lows of 5.0865 per dollar. Amid calls for earlier action, …
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