GBPUSD: Intermediate-term bull shift above key 1.2518
Hi there traders, this is Steve Miley for forextraders.com and we’re now taking a look at the Pound vs the US dollar cable spot effects…
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USDCAD risks shifting lower
Hi there, this is Steve Miley for forextraders.com and here we’re looking at the US dollar versus the Canadian dollar spot FX rate. Well a…
AUD/USD negative post Fed Minutes
This is Steve Miley for forextraders.com and here we’re looking at the Australian dollar vs. US dollar, AUD/USD, the aussie, and a very sideways consolidation…
Midweek update: the forex trading events to come
Now that the foreign exchange trading week is at its midpoint, it’s time to consider what else is on the horizon in the second half…
Stimulus expected around the world as dollar surges
The US dollar surged on Monday and into Tuesday after it became clear that monetary policy setters and governments were considering a round of stimulus…
The forex week ahead: Tuesday’s round-up
While yesterday was something of a quieter day on the forex calendar, today (Tuesday) looks set to be more active. The Confederation of British Industry…
FXTM Launches 30% Welcome Bonus
As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome…
Fed interest rate decision on the cards
The main event in Wednesday’s forex schedule will of course be the decision of the Federal Open Market Committee at 6pm GMT. The committee is…
Slow day for markets as bank holiday effects kick in
Bank holidays and other closures have caused some slowdown in the forex trading markets. Bastille Day, which took place in France yesterday, has meant a…
Theresa May Resigns: What’s next for the Markets?
The Brexit journey has been a saga of extensions, no-confidence votes, rejected deals and turbulent markets. Now, in what may be the final chapter of…
Dollar suffers in forex markets week on week as risks abound
The US dollar continued to suffer in the forex markets into Friday – with some suggesting that it may even experience its worst weekly performance…
Morgan Stanley recommends GBP/EUR sale as traders focus on politics
Morgan Stanley has urged forex traders to sell the pound against the euro this week after forecasting further falls for GBP due to ongoing uncertainty…
Federal Reserve comments to shape US dollar sentiment, analysts bearish on GBP/USD
Donald Trump’s threat to impose 5% tariffs on imported goods from Mexico later this month will continue to reverberate across forex markets this week. However,…
GBP/USD exchange falls on Brexit concerns, US economic growth data
The spectre of a no-deal Brexit continued to weigh on sterling (GBP) in forex trading on Thursday as the exchange rate to the US dollar…
Packed end of week on the horizon for forex markets
The foreign exchange markets were preparing for a busy end to the week on Thursday and Friday. Today (Thursday) is due to see a brief…