Pound drops after election, suffers over Brexit problems
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The British pound’s post-election result boost has turned out to be short-lived after the currency plummeted in the foreign exchange markets to what…
Forex News
Dollar weathers the storm despite Trump impeachment
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The impeachment of Donald Trump appeared to pose little problem to the dollar in global trading over the course of yesterday and today….
A Different View on the US-China Trade War
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by Giles Coghlan, Chief Currency Analyst at HYCM When you watch the markets for long enough, you can start to gain a certain…
What’s coming up in the forex markets this week?
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With a new foreign exchange trading week now here, it’s time to assess what’s happening in the forex markets over the next few…
Pound rises as Boris Johnson wins election by a landslide
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The British pound rose in the foreign exchange markets early on Friday after it was announced that Boris Johnson had won a decisive…
Big day for the UK before election results
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The US and the UK were the two countries in the spotlight on Thursday in the global foreign exchange markets. The US dollar…
Tory lead in polls affects pound after poll narrows
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The lead of the British Conservative Party in opinion polling for tomorrow’s general election has narrowed – leaving the pound to show signs…
Dollar remains calm as big days approach
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The US dollar continued to shy away from its low performances of last week as this week dawned – with the currency managing…
Foreign exchange update: Monday markets
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The foreign exchange calendar for the new trading week is now beginning, and there’s plenty for traders to look out for. The first…
Coming up in forex: what’s on?
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The foreign exchange calendar for the week might be coming to a close, but there’s still plenty to keep your eyes peeled for…
Looking ahead: next week in the forex markets
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While the current forex trading week certainly isn’t over just yet, it’s worth looking ahead to next week to see what might be…
Safe havens back in business as trade battle intensifies
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The so-called safe haven currencies were back in business on Tuesday and into Wednesday after suggestions that the trade battle between the US…
Midweek update: forex market developments
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Wednesday is here, which means the midpoint of another forex trading week has been reached. Here’s what’s on the cards. The main focus…
Dollar takes a hit over economic data worries
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The US dollar found itself frantically trying to recover on Monday and into Tuesday after it hit what was close to its lowest…
The remaining week in forex: what’s coming up?
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With four whole days of this foreign exchange trading week still to come, there’s plenty for traders to keep their eyes peeled for….
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.
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