Risk leans upwards despite new pandemic worries
Published:
Some of the world’s riskier currencies managed to surge ahead in the forex markets on Monday morning despite the fact that the coronavirus…
Forex News
Greenback soars ahead amid fresh fears over pandemic
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The coronavirus pandemic was back at the forefront of traders’ minds on Friday after a range of countries around the world grappled with…
Dollar on the up as pessimism sinks in
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Pessimism appeared to be the name of the game in the foreign exchange markets on Wednesday after a series of concerns about world…
Dollar back on track after Fed makes moves
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The US dollar appeared to recover somewhat on Tuesday after a brief wobble in the forex markets in the midst of a significant…
Small rally for risk as partial Beijing lockdown occurs
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The foreign exchange markets appeared to tolerate a slightly higher level of risk as Monday’s trading continued. This came after the markets opened…
Risk-on currencies down over second wave worries
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Some of the world’s primary barometers of forex market risks went down in value on Monday after a wave of new cases of…
Rise for safe-haven currencies as turmoil sets in
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The so-called safe-haven currencies regained the full power of that label on Thursday and into Friday as traders flocked to them in droves….
The US dollar plummets further
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The US dollar found itself heading down into the forex doldrums on Wednesday after mounting concerns among traders that the country’s central bank…
Dollar precarious as Fed decision expected
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The US dollar hovered in a precarious position on Wednesday morning as traders in the foreign exchange markets waited nervously for the outcome…
Dollar ticks up slightly in uncertain forex environment
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The US dollar managed to make some modest gains in the foreign exchange markets on Monday, though risk sentiment appeared to still be…
Commodity currencies start week on a high note
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The world’s commodity currencies found themselves surging ahead in the foreign exchange markets on Monday as the markets continued to fixate on the…
Euro firms up its gains as dollar dips further
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The single European currency continued to see big gains in the foreign exchange markets on Friday after the bloc’s central bank revealed a…
Dollar drops even further as risk sentiment continues
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Risk was fully back on the agenda in the foreign exchange markets on Wednesday as the currency of choice during the pandemic, the…
Dollar dips further on recovery-related risk sentiment
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The US dollar continued its slide out of favour on Wednesday as traders began to move towards a more risk-friendly position in the…
Aussie dollar continues to surge as hopes pinned on recovery
Published:
The Australian dollar continued to rise in the foreign exchange markets on Monday as traders across the world appeared to pin their hopes…
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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