Daily Forex Market Reviews

FIBO Group
Gold ready to rally again

The gold price is moving higher again today for the second day in a row as doubts linger on the Future of rate hikes...

Oil in Bear Market

Yesterday we saw a continuation in the drop of oil prices, which rippled out into the markets – pulling down both US and European Stock with it. This is likely a result of fears due to the non-OPEC countries ramping up production to cover the gap left from the OPEC+ agreement to restrict production...

HotForex
ASX tanked yesterday, oil bounced back

May existing home sales bounce to a 5.62 mln rate trimmed the April drop to 5.56 mln from a 5.70 mln cycle-high in March...

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FIBO Group
Pound slumps on interest rate talk

The pound slumped to its lowest level today post-election, following on from yesterday’s losses after comments...

Cms Trader
Dollar holds steady

The dollar held steady against the other major currencies on Wednesday, as investors were eyeing the release of U.S...

Fort Financial Services
XAUUSD going downwards

Taking that into consideration looks as the market demonstrates its intention of sell-off start soon. Resistance is hold at 1250...


STO
Brexit Update - The EU Wins Round 1

Although not an outright conflict, the discussions surrounding the Brexit talks have been at best contentious and at worse...

HotForex
Timetable for Brexit talks agreed

Asian stock markets are mixed, with Japan outperforming and the Nikkei up more than 1%, after the SP 500 rose to a fresh...

FXTM
Oil nears key levels

Oil continues to struggle on the charts as last week's expectation for oil failed to show any real signs that there was a drain on the US oil inventories...

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HotForex
FOMC shocked the markets

Policymakers are still focusing on inflation and growth dynamics as their guides. But with the traditional Phillips Curve...

STO
Economic Calendar: BoJ, ECB, US Housing

The previous week's economic calendar had the potential to destabilize some of the world's most traded currencies...

Is the USD Going Up After its Recent Drip?

The US dollar is showing signs of recovery against other major currencies, sans the GBP. After the Bank of England Meeting Minutes announced an increase of interest rates, GBP/USD prices saw a significant upswing. This resulted in GBP climbing from 1.2696 to roughly 1.2755...


FxPro
BOJ Monetary Policy Remains Steady

The Bank of Japan maintained their monetary policy on Friday whilst upgrading their assessment of private consumption...

FIBO Group
Euro has reached a top

The Euro has continued to tumble today, still reeling from yesterday’s bullish Fed speech and some believe that further losses are on the cards...

FIBO Group
Its a good day for gold

The gold price has surged higher in late European trading today, travelling in the opposite direction of the US dollar as a round...

FXTM
Who shall we believe, the Fed or data?

The Federal Reserve's decision on Wednesday to raise interest rates by 25 basis points was widely...

US dollar saw a rapid drop

The US dollar saw a rapid drop of its price opposite other major currencies after the announcement of the less than positive and expected statistics regarding U.S. inflation and retail sales. Retail sales dipped significantly to 0.3% in May down from the 0.4% rate of the previous month...

Fort Financial Services
XAUUSD was moving aside

In order the long-terms traders are come back here the price might easily reach...


STO
What will FOMC Announce Today?

Markets already seem to be responding to the optimistic speculation that the Federal...

GBP Consumer Price Index & USD FOMC

2017 has not been the best for markets, general insecurity and instability has caused some of world’s major currencies to fluctuate and drop, then falter only to increase in price shortly after...

HotForex
Asian stock markets mostly moved higher

Nikkei and CSI remained marginally in the red, while Hang Seng and especially ASX...


STO
FOMC, UK Inflation Rate, US CPI

This week’s shaping up to be yet another mobile one on the markets. With important economic event...

STO
UK Vote Shakes Roils

Yesterday wasn’t a good day for Britain. The UK faces a hung parliament with an uncertain course on the Brexit negotiations and how Britain will handle their...

Cms Trader
Pound remains weaker

Sterling remained weaker in Asia on Friday as UK elections pointed to a hung parliament and the potential ouster of Theresa May as prime minister should the...


FIBO Group
Gold could surge higher

The gold price is taking a breather today after making a run for the $1,300 level on the back of US dollar strength as traders...

Silver, NZD and USD

The economic calendar doesn’t seem to have anything significant enough to move prices this week. The US Oil Reserve data will be release today. Tomorrow, speculated increase of unemployment benefit applicants by 8K to be announced tomorrow might affect USD...

Fort Financial Services
Pound continues to reach its heights

On Monday the British pound was going lower at opening...


Fort Financial Services
Pound initially moved downwards

As for long-terms the target range seems to be 1.34 but due to the recent concerns and news around UK it looks as much more time...

STO
Is the ECB Increasing Interest Rates?

There are not many political or economic events on the schedule today. The only important economic...

Fort Financial Services
Gold makes attempts to go straight

Within Thursday session the gold was slightly following downtrend until got the support at 1260 range. Currently Gold makes...


  


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