I'm pretty new to the forex scene, and I have some questions. According to my knowledge, the efficient market hypothesis suggests that over time, (with a perfectly competitive market) your net gain will be zero minus transaction fees so you'll… Read full article
In a Wall Street Journal interview, Federal Reserve Chair Jerome Powell said on Tuesday that US central bank officials will keep tightening policy unt Read full article
What you need to take care of on Wednesday, May 18: The American dollar edged lower across the FX board as the currency extended the bearish correctiv Read full article
NZD/USD is surging for the third consecutive day and reclaims the 0.6300 mark for the first time in four days after a raft of risk-aversion struck ris Read full article
The common currency is rallying during the day, and it remains the gainer in the FX complex on Tuesday, to the detriment of safe-haven peers, which ar Read full article
Economists expect the headline UK Consumer Price Index (CPI) to have jumped from 7% YoY in March to 9.1% in April. I will argue that this leap is alre Read full article
Fed Chairman Jerome Powell said Tuesday that it is plausible that the Fed can raise interest rates to curb inflation and still engineer a 'softish' landing. Read full article
At 1.0548, the euro is higher vs. the US dollar by some 1.13% at the time of writing after rallying on broard risk-on from 1.0428 to a high of 1.0555. Read full article
The Australian dollar marches forward but faces solid resistance around the 0.7040-50 area and retreats towards the 0.7010s, amidst a positive market Read full article
The USD/MXN is falling on Tuesday for the sixth consecutive day. It bottomed at 19.92, the lowest level since April 19 and then rebounded toward 20.00 Read full article
Despite the recovery seen on Tuesday in the GBP/USD pair, the pound is not out of the woods. They consider risk appetite looks vulnerable and warn the Read full article
The USD/CHF plunged following the release of US Retail Sales, which came better than expected, though market players booked profits ahead of a later s Read full article
I'm expecting oil prices to keep rising. Europe is doing as much as it can to try to embargo Russian oil and places like Sri Lanka are running low on petrol. In my head, I know that most of this… Read full article
I apologize for the stupid question, I'm still learning.
After today's USD retail sales news (positive for USD), on the 1 min chart we can see 3 big green candles on USDJPY but on EURUSD/GBPUSD we see only… Read full article
The USD/CAD bounced to the upside and eared losses on Tuesday after the greenback gained momentum during the American session. The pair printed a fres Read full article
On this subs about page it suggest going off with forex trading first due to capital requirements.
I wonder if it would be best doing so then afterwards proceeds to daytrading.
Sorry if it sounds silly but new at all… Read full article
The USD/JPY pair edged higher during the early North American session and climbed to a three-day high in reaction to better-than-expected US Retail Sa Read full article
EUR/USD picks up further pace and trespasses the key barrier at 1.0500 the figure on Tuesday. Considering the pair’s ongoing price action, the continu Read full article
EUR/GBP is lower despite negative Brexit news but economists at BBH do not think sterling outperformance can be maintained. Outlook for the UK economy Read full article
Recent concerning headlines highlighting the rising risk that a spat over the Northern Ireland border into a fully-fledged trade war between the UK an Read full article
The AUD/USD pair held on to its strong intraday gains through the early North American session and was last seen trading around the 0.7020 area, just Read full article
Cable extends rebound from new 2022 low into third straight day and accelerates recovery on Tuesday after upbeat jobs data. UK unemployment fell to 3. Read full article
Whilst remarks from arch ECB hawk Klaas Knot, who said the bank shouldn’t rule out a 50 bps rate hike if the data warrants it, were the catalyst to la Read full article
Tuesday's US economic docket highlights the release of monthly Retail Sales figures for April, scheduled later during the early North American session Read full article
The most pressing issue for the Fed to tackle is inflation, St Louis Fed President and vocal hawkish FOMC member James Bullard said on Tuesday. Bullar Read full article
The GBP/JPY cross maintained its strong bid tone through the mid-European session and was last seen trading around the mid-161.00s, just a few pips be Read full article
EUR/JPY posts gains for the third consecutive session and manages to reclaim the area above 136.00 on Tuesday. If the recovery picks extra pace, then Read full article
Investors appear to be in a bullish mood as key retail sales data awaits, along with plenty of Fedspeak, including from Chairman Jerome Powell. Read full article
The risk rally remains unabated so far and lifts EUR/USD to fresh 3-day highs in the boundaries of the 1.0500 mark on Tuesday. EUR/USD now looks to 1. Read full article
The GBP/USD pair added to its strong intraday gains and shot to a nearly two-week high, around the 1.2480 region during the first half of the European Read full article
GBP/USD has gathered bullish momentum and climbed to its highest level in more than ten days above 1.2450. The pair is set to stretch higher as long a Read full article
The AUD/USD pair maintained its bid tone through the early European session and was last seen trading near a multi-day high, comfortably above the 0.7 Read full article
The USD/CAD pair remained on the defensive through the early European session and was last seen trading around the 1.2825-1.2820 region, just a few pi Read full article
According to Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group, bets for a breach of the 127.50 level in USD/JPY appear to be losing impulse Read full article
EUR/AUD’s recent recovery from a 1.4321 low ran out of tarmac against the Ichimoku cloud resistance at 1.5273. Unless the cross makes a sustained move Read full article
EUR/CAD capped in mid-1.37s. A break above this region is needed to see a race higher, economists at Scotiabank report. EUR/CAD remains under technica Read full article
It will have to be seen whether the European Central Bank (ECB) will make action follow hawkish words. Economists at Commerzbank believe that EUR/USD Read full article
GBP/JPY extends the previous two-day rebound on strong UK employment data during the initial hour of the London open. That said, the cross-currency pa Read full article
After soaring earlier in the year, the New Zealand dollar has crashed back down to earth in recent weeks. Economists at Westpac expect the kiwi to reg Read full article
Here is what you need to know on Tuesday, May 17: The greenback weakened modestly against its rivals on Monday and the US Dollar Index closed the seco Read full article
EUR/USD has enjoyed a short-term reprieve. Economists at ING believe that the world’s most popular currency pair could reach the 1.0550 mark on Tuesda Read full article
The EUR/GBP cross witnessed some selling during the early European session and dropped to over a one-week low, just below mid-0.8400s in reaction to t Read full article
NZD/USD is now seen navigating within 0.6230-0.6380 range in the next weeks, suggested Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group. Ke Read full article
The Norwegian krone goes through episodic sharp declines at times of market stress but usually reclaims those losses when conditions settle. Economist Read full article
EUR/CHF remains capped at 1.0492/0515. This region is set to hold to keep the downtrend intact, economists at Credit Suisse report. EUR/CHF remains at Read full article
GBP/USD staged a decisive rebound on Monday and broke above 1.23. Economists at ING expect cable to see a brief spike into the 1.2500/2550 area on a m Read full article
The USD/JPY pair is gradually moving higher in the early European session and is expected to touch the psychological figure of 130.00 after violating Read full article
GBP/USD justifies firmer prints of the UK’s latest employment data by taking the bids to 1.2365, up for the third consecutive day, during the early Tu Read full article
Having initially refresh the all-time high, with an uptick to 78.02, USD/INR takes offers to renew intraday low around 77.70 during the initial hour o Read full article
The GBP/USD pair is trading minutely positive in the Asian session as investors are awaiting the release of the UK labor force data. The UK’s Office f Read full article
EUR/USD picks up bids from intraday low during a three-day uptrend, mildly bid around 1.0440 during early Tuesday morning in Europe. The major currenc Read full article
The USD/CHF pair is going through a volatility contraction phase after easing from a high of 1.0064 recorded on Monday. The asset is oscillating in a Read full article
Early Tuesday, the UK’s Office for National Statistics (ONS) will release the April month Claimant Count figures together with the Unemployment Rate i Read full article
Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group, noted that the probability of EUR/USD to break below 1.0340 seems to have lost momentum. Read full article
AUD/USD picks up bids to refresh daily top around 0.7010 heading into Tuesday’s European session. In doing so, the Aussie pair justifies the previous Read full article
In opinion of Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group, further upside momentum in GBP/USD should meet a tough hurdle around 1.2400 Read full article
The USD/CAD pair is displaying back and forth moves in a narrow range of 1.2820-1.2846 in the Asian session followed by a sheer downside move. The gre Read full article
AUD/JPY extends the short-term resistance breakout following the RBA’s monetary policy meeting minutes on early Tuesday. That said, the quote refreshe Read full article
GBP/USD grinds higher past 1.2300, keeping the two-day recovery moves from the lowest levels since mid-2020, as cable traders await the UK’s jobs repo Read full article
Gold (XAU/USD) prices dribble around intraday high, keeping the rebound from a three-month low flashed the previous day, as firmer sentiment joins tec Read full article
The AUD/NZD pair has touched an intraday high of 1.1074 after the Reserve Bank of Australia (RBA) reported its May monetary policy minutes. The cross Read full article
EUR/USD grinds higher around daily top during the third positive daily performance from a five-year low. In doing so, the major currency pair rises to Read full article
AUD/USD bulls attack 0.7000 threshold during three-day rebound from a two-year low buyers cheer upbeat statements from the RBA’s latest monetary polic Read full article
Early Tuesday morning in Asia, at 01:30 GMT, the Reserve Bank of Australia (RBA) will release minutes of the latest monetary policy meeting held in Ma Read full article
The NZD/USD pair is gently moving higher in the Asian session. The pair is expected to extend gains as it has overstepped Monday’s high at 0.6320. Kiw Read full article
As per the prior analysis, GBP/USD Price Analysis: Bears in control, but daily M-formation could be a spanner in the works, the bulls have taken charg Read full article
USD/JPY refreshes intraday high to 129.25 as upbeat sentiment joins firmer Treasury yields to please buyers after a lackluster start to the week. That Read full article
AUD/USD remains sidelined as buyers await the key catalysts after a two-day rebound from multi-month lows. That said, the Aussie pair seesaws between Read full article
The EUR/JPY pair is displaying an extreme volatility contraction in the Asian session. The cross is trading in a 14-pips range and is expected to cont Read full article
The EUR/USD pair is displaying back and forth moves in a tight range of 1.0428-1.0443 after a modest upside move from a low of 1.0354 last week. A min Read full article
GBP/JPY fades from a two-day rebound near 159.00 as traders await UK data during Tuesday’s Asian session. In doing so, the cross-currency pair remains Read full article
The AUD/JPY marches firmly for the second consecutive day but remained below the April 27 swing low of 90.43, amidst a downbeat market mood that falte Read full article
GBP/USD grinds higher past 1.2300, keeping the two-day recovery moves from the lowest levels since mid-2020, as cable traders await the UK’s jobs repo Read full article
At 0.6310, NZD/USD is up some 0.36% towards the close of North American markets after rallying from a low of 0.6228 and reaching a high of 0.6320 on t Read full article
