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Forex Market News

The latest news from the world of forex trading

September – A month to be remembered for the long term

Can anyone still hear echoes of the chorus sung by traders back in April? It went something like this, “Sell in May and go away, and don’t come back ‘til Labor Day!” A pretty simple ditty that reminds us all that...

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USDJPY Through 110.00, Risk Now To the Key 2008 High, 110.57

USDJPY bull trend extension bias into October Another nudge to a new recovery high to eye key targets into early October, already a nudge this morning above a key upside ...

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GBPUSD Threat of Renewed Bear Pressures; Needs Break of 1.6162

GBPUSD bear trend extension risk into October A lower low and lower high Monday to reinforce the push below 1.6245 on Friday, as we had expected to leave risk to the bott...