Economic calendar news pushes USDX down to 92.869 level
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The greenback’s descent back into the problem zones on the price charts was emphasised during Monday’s trading as the currency battled with the…
Forex News
EUR/USD up by 0.1% – moves continue to be tentative
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The US dollar went down in the forex markets on Monday morning as the world’s commodity currencies got higher. The positivity appeared to…
EUR struggles to build gains as momentum stalls
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Although in recent weeks, the EUR has kept in surprisingly good health, currency traders are beginning to ask questions about the long-term health…
NZD slips to major support levels – what’s the forecast?
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The New Zealand dollar (NZD) has finally caved in to a slow but sure build-up of selling pressure as the Reserve Bank of…
‘Take an indiscriminate approach’: lessons from the investment biker
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In this interview with IG Group, the ‘investment biker’ Jim Rogers discusses the lessons he learned from two years exploring the countries he…
GBP climbs to five-month high despite weak economic data
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The GBP markets responded positively on afternoon trading on Tuesday 11th August as the sterling rose to hit five-month highs. Industry analysts were…
CAD/USD boosted by commodities and spending data
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The Canadian dollar saw a sudden rally early on Monday 10th August as news of rising commodity prices hit the market. This was…
Dollar on up as GBP/USD dips and hits $1.3091 level
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The greenback staged a surprising recovery in the foreign exchange markets on Friday as analysts priced in expected poor performance in a major…
NZD/USD at $0.6681 on bad day in markets for dollar
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The US dollar was down again in the forex markets as the week came to a close, with traders appearing to turn their…
Top five benefits of Affiliate Marketing for the Forex Trading Vertical
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The popularity of the forex trading vertical has been flourishing over the last ten years, with over 1,200 brokers currently on the market….
Greenback in market’s focus as USDX sits around 92.61
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The greenback continued to remain in the forex spotlight on Wednesday afternoon as the US Congress deliberated further on a stimulus package for…
Euro up as AUD/USD hits $0.7172 in forex markets
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The single European currency forged ahead in the foreign exchange markets once more on Tuesday and into Wednesday as the US dollar again…
USDX stabilises after 0.5% rise
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The US dollar managed to finally make some significant progress in the foreign exchange markets on Monday following a few weeks of dismal…
USD/JPY up to 106.20 in welcome relief for the dollar
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The US dollar saw some much-needed success in the forex markets on Monday morning – though there was still little to suggest that…
$1.1808 for EUR/USD after election delay risk in US
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The US dollar continued to suffer in the forex markets in the second half of this week after President Donald Trump unleashed a…
We at Forextraders agree that less is more in this preparation process for each week’s trading action. Our News Page is designed to give you the bare essentials with narratives on the following three categories:
- Forecasts for the Upcoming Week: Presents a calendar of economic events, fundamental and technical information of note, and forecasted support and resistance levels for major currency pairs;
- Commentary on Short-Term Trends: Occasional alerts are given as to major market moves or developing trends, supplemented with technical charts and commentary that support the observed actions taking place;
- Commentary on General Market Forces at Work: Occasional reports summarize the current thinking of the community of analysts as to the major forces or concerns that are shaping long and short-termed market trends.
We welcome your usage of our news reporting and commentary, and we welcome your comments on any of the materials that appear within this and subsequent pages. Find what works for you, and remember – To be forewarned is to be forearmed!
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