Currencies rise in Asia as coronavirus slows down
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A noted decrease in the amount of new coronavirus cases caused investors in Asia to breathe a sigh of relief on Tuesday and…
Forex News
A look ahead: the week in the forex markets
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With a new foreign exchange trading week now ready to kick-off, this article will take a look ahead to the events of the…
Dollar close to monthly highs over further virus fears
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The US dollar continued to dominate the foreign exchange markets as trading got underway on Wednesday – with many investors concerned about whether…
A new week in forex: what’s on?
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With another week now getting underway in the forex markets, it’s time to analyse what’s scheduled on the economic calendar. Today (Monday) is…
Dollar sees some weakness ahead of major day for trade
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The US dollar saw some weakness over the course of Wednesday as traders around the world geared up for what looked set to…
Safe havens still in demand against US dollar
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The US dollar once again found itself to be on the back foot on Tuesday after there were further concerns about the impact…
The week ahead in forex: has the US attack on Iran affected the markets?
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The new foreign exchange week is set to kick off today, and there’s plenty for people to keep their eyes peeled for. Today…
Big data day ahead, and gains for safe haven currencies
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The US dollar managed to secure some welcome positive performance on Thursday and into Friday – despite a scheduled factory data release later…
End of the week near in forex markets: an update
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Now that the week is drawing to a close and the foreign exchange markets are recovering after a period of on-off activity over…
Wednesday in the forex markets: a guide
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The foreign exchange markets are likely to be extremely slow today, and that’s due in large part to the New Year’s Day holiday…
Euro rises as dollar loses on last trading day of year
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The final trading day of the 2010s looked set to be a problematic one for the US dollar as the currency managed to…
Monday in the forex markets: what’s ahead?
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With a brief respite between the Christmas and New Year holidays now taking place in the foreign exchange markets, it’s time to see…
New week on the horizon: what’s on?
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Now that the Christmas week is drawing to a close, attention is beginning to be drawn towards what’s on in the forex markets…
Some recovery for pound as dollar also treads water
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The British pound managed to stage some kind of recovery on Monday before the Christmas break got started in earnest. Sterling had been…
Christmas week in the forex markets: what’s on?
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The last full week of 2019 – and the decade – is here. What’s happening in the foreign exchange markets as the year…
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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Between 74-89 % of retail investor accounts lose money when trading CFDs
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