Euro Plummets in Forex Markets After Bank Urges Caution
Published:
The euro was down in the forex markets as trading got underway on Friday following a warning from the European Central Bank. The…
Forex News
Drop for the Euro in Forex Markets as Central Bank Set to Meet
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The common European currency saw a drop on Thursday as the European Central Bank prepared to meet. The euro has had a difficult…
US Dollar Approaches Three Week Peak in Forex Markets
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The US dollar found itself approaching a three-week peak on Wednesday morning. The dollar index, which tracks how the greenback performs in relation…
USDJPY Holds Firm as Safety Back in Demand
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Currencies seen around the world as “safe haven” options were much in demand as trading for the day got underway on Tuesday. The…
Dollar Enjoys More Forex Market Success as Risk Back on the Agenda
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The US dollar continued to enjoy strong performance as the week’s trading began to warm up on Monday morning. It managed to hit…
Dollar Finally Sees Good News in Forex Markets as Talks Progress
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The US dollar began showing signs of its old successful self on Friday as it began to rise in the face of good…
Pound Clings on in Forex Markets as Theresa May Survives Vote
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British Prime Minister Theresa May survived a key vote of no confidence in the British parliament yesterday. Although opposition parties combined to attempt…
GBPUSD Faces Drop in Forex Markets – But Manages to Return
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The British pound dropped over the course of the evening yesterday following political events in Britain, but managed to get back on track…
Drop for Euro in Forex Markets as Pound Clings On
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German economic worries caused problems for the euro as trading kicked off for another day on Tuesday. There are worries among some analysts…
Dollar Drops in Forex Markets as Powell Enters Debate Again
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The US Federal Reserve boss Jerome Powell caused more problems for the dollar yesterday after he signalled again that there was a chance…
More Problems for USDJPY, Others in Forex Markets
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The dollar continued its unlucky run as trading began on Thursday. During the Asian trading session, the greenback saw its status slip against…
Drop for the Dollar in Forex Markets as Powell Expresses Pessimism
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The US dollar took a hit on Friday and into this week after comments from the US Federal Reserve boss hinted that future…
Dollar Heads For One Month Low as Forex Markets Week Ends
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The US dollar was set to spend Friday rounding off a gloomy few days after it saw a 1.2% decline over the space…
Dollar Remains Low in Forex Markets After Fed Decision
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The US Federal Reserve announced on Wednesday that it would raise interest rates in the country from 2.25% to 2.5% – leading to…
Banking Narrative for 2019 Taking Shape – Same Concerns Persist
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Banking foreign exchange departments are always in a state of flux, when it comes to forecasting the next month, let alone the next…
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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