Coming up: a guide to this week in the foreign exchange markets
As the coronavirus pandemic continues to rage around the world, foreign exchange traders are keeping a close eye on the day to day news of…
Author: Forextraders
Articles by the author
Economic shutdowns lead to demand for dollar
The US dollar continued to be in high demand on Tuesday as firms and traders across the globe built up their reserves of the…
Covid-19: a black swan that we could have seen coming
by Giles Coghlan, Chief Currency Analyst at HYCM If there’s one thing that the coronavirus is revealing to us, it’s the extent to which human…
The forex trading week: what’s on the cards?
With a new foreign exchange trading week now here and underway, it’s a good time to assess what’s coming up between now and Friday….
Big rise for the yen as “safe haven” status returns
The Japanese yen appeared to reclaim its position as the world’s default safe haven currency on Thursday and into Friday. Despite the fact that…
Export-heavy currencies bouncing ahead amid positive headlines
Global currencies which are known for performing well during times of export-friendly news headlines were buoyed on Monday as trading got underway for the week….
Calendar updates: what’s happening this week?
With Monday now here, it’s a good time to look at what’s due in the forex trading markets this week. On Monday, the Chicago Federal…
Four Forex Trading Myths Every Newbie Should be Aware Of
For newcomers, the world of forex trading can indeed be daunting. The forex market is one of many facts, figures, stories and myths. But which…
End of week round-up: the forex markets
With this foreign exchange trading week now drawing to an end, it’s time to look at what’s in store today, over the weekend and early…
Drop for the dollar following worries over Federal Reserve choices
The US dollar managed to hit its lowest point in a week and a half on Friday after questions were raised over exactly what the…
Forex markets: a preview of next week
Now that this foreign exchange trading week is beginning to come a close, it’s time to take a look ahead to the events on the…
Decline for dollar after Federal Reserve decision comes out
The US dollar went down compared to its major rivals on Thursday morning following a difficult day in which the country’s central bank took interest…
Fed’s impending decision, UK election dominate forex markets
Two major global events managed to take the lion’s share of the foreign exchange market’s attention on Tuesday and into Wednesday. The decision of the…
Forex calendar midweek update: what’s coming up?
The middle of the foreign exchange trading week is already upon us, and that means it’s time to assess what the economic calendar has in…
Pound rides high after Brexit deal seems clear
The British pound sterling continued to hold close to its previous five month highs on Friday – but there was still no guarantee that the…