Daily Forex Market Reviews

FxPro
Stocks bargain hunting keeps markets afloat

Wall Street experienced the strongest collapse in two years on Monday, showing a 3.5% drop in key stock indices. European indices faced a similar...

FxPro
Oil seeking out a new bottom

Oil opened the week with a more than 3% drop near $56 per barrel of Brent and below $52 per WTI. The oil "mini-reversal" occurred along with the stock...

FIBO Group
Gold price reached a seven-year high

As concerns over the effects of coronavirus on the market grow, institutional investors have no choice but to remain in the market as they grow, and they...

FXTM
Asset correlations not making sense

US and European equities are at record levels and US Treasuries are trading close to their October highs; meanwhile, gold prices have climbed to a new...

FIBO Group
Gold holds ground on Coronavirus fears

The gold price on Monday continues to hover near a two-week high as the amount of coronavirus continues to grow which is causing further concerns...

FIBO Group
The euro at the bottom of 2017

The euro is rapidly getting cheaper in the forex market to the accompaniment of the ECB's "printing press" and depressing macro-statistics, which...


FxPro
Oil prices climb on prospects for deeper OPEC+ output cuts

Oil prices edged higher on Thursday, as investors hoped the world's biggest producers would cut output more, while they largely shrugged off forecasts...

XM
Euro on the slide

The sluggish performance of the Eurozone's growth engine continues to weigh heavily on the single currency, which has plumbed to fresh year-to-date lows this week...

FXTM
Gold shaky as virus concerns ease

Gold struggled to shine on Wednesday as demand for safe-haven assets dropped on signs the spread of the coronavirus outbreak in China may...

FIBO Group
OPEC production in January fell

OPEC production in January fell by 509 thousand barrels per day. A collapse in production was observed in Libya - by 344 thousand barrels per day...

HotForex
A weaker Yen & Stronger Kiwi today

The Yen remained soft while the Dollar bloc currencies extended recent gains as risk appetite in global markets held up, with a reported dip in new...

FxPro
Natural Gas is in the middle of a perfect storm

Concerns about the influence of the Chinese coronavirus returned to the markets at the end of last week. The focus was on forecasts of a slowdown...


FXTM
Uber earnings preview: Is a surprise on the cards?

The past few months have been rough for Uber Technologies, Inc as the multi-national ride-hailing giant grappled with profitability concerns...

FxPro
Chinese markets drop amid virus fears

Stocks in mainland China plummeted more than 7% on Monday as they returned to trade following an extended holiday amid an ongoing...

FIBO Group
Fed kept key rate

The US Federal Reserve following the meeting on Wednesday left unchanged the key interest rate and parameters of operations in the money market...

FxPro
Crude Oil as the weakest link in China virus story

The global financial markets remain under pressure, gripped by fears of the new coronavirus' impact on the economy. Chinese exchanges stayed closed from...

FIBO Group
Crunch day today for British pound

The British pound is remaining well supported in today's trading session after a sizable jump in business optimism and employment numbers reduced market expectations...

FxPro
Calls for a US "digital dollar" rise

A growing number of voices are calling for the U.S. to issue a "digital dollar" as China continues to work on a digital version of its own currency. Users of the U.S...


Alpari
Markets awaiting Lagarde's press conference

There is no forecast due to the ECB meeting and Christine Lagarde's press conference, scheduled for later in the day. Investors are not quite...

Alpari
Euro hovering above bottom line of the channel

Bears have been strengthening their position since the Asian session. Today we have one scenario - a price recovery to the balance line...

FxPro
Death Cross growth abroad threaten U.S. dollar

Storm clouds are gathering over the U.S. dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered...


FxPro
Will the BoJ and the ECB join the Fed?

Monday is a day off in the American markets due to the Martin Luther King's Day. Because of the holiday, trading on other markets also promises...

Just2Trade
Stocks dip before trade deal signing

It looks like some tensions will persist between the U.S. and China despite the signing of a "Phase One" trade deal this morning, triggering some profit-taking...

FXTM
Trade deal hopes lift risk mood

The mood across financial markets continued to brighten on Tuesday amid signs of further goodwill between the US and China ahead...


XM
US jobs report to heat things up after holiday snooze

Markets will get back into full gear next week as traders return from their festive breaks and the economic data start rolling again. The spotlight will be on the...

FxPro
More data confirms positive market sentiment

Markets reacted sluggishly to the vote in the US House of Representatives, which initiated the third impeachment of the president in the history of the country...

FxPro
Risky assets prevail in the markets

The end of the year on the financial markets turned out to be very positive. Asian stock markets ply near multi-month highs; the American markets are...


FIBO Group
Pound jumps most in two years

The British pound has jumped its highest level since May 2018, briefly hitting the $1.35 mark against its US counterpart after British Prime Minister Boris...

FxPro
Most Momentous Rate Decision

The world's oldest central bank stands to be the most significant this month as it pioneers a shift away from negative interest rates. Sweden was among...

Alpari
Euro rebounds to 1.11 ahead of Fed meeting

On Tuesday the 10th of December, the euro was up at the close of trading. Strong ZEW data sparked a recovery to 1.1085 in European trading...


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Effective Forex Training Methods

Let's suppose you've made a decision to trade in financial markets. It seems to you that your spare funds allow you to start making profit in such an...

Why a trader needs a Forex demo account?

In order to become a professional in a certain business, it is necessary to spend a lot of time gaining experience and honing the working technique...

XM
Virus risks to set market tone

With not much on the economic calendar to enthuse markets next week, the virus and its impact on economies globally is likely to remain the primary driver...

FxPro
Stocks bargain hunting keeps markets afloat

Wall Street experienced the strongest collapse in two years on Monday, showing a 3.5% drop in key stock indices. European indices faced a similar...

FXOpen
Equity Index CFD trading changes

We would like to advise you that we are consolidating trading in all variations of each Equity Index CFD, into a single version in order to create a more...