Daily Forex Market Reviews


December 8, 2016
Banks guidance ahead of the ECB meeting
It seems that everything is clear the ECB will extend its asset-purchasing program, and send the euro lower. But banks smell a rat in this announcement. The ECB should introduce more easing measures...
FBS
December 8, 2016
Prepare for the ECB meeting outcome
The currency market has lost some volume, as traders are closing their positions ahead of Christmas and New Year’s celebrations. Investment funds are in no hurry to open new positions; they rather prefer to be actively trading in January...
Tickmill
December 7, 2016
Will ECB support Italy?
The yield of the Italian sovereign debt fell on Tuesday as the focus moved to the political uncertainty on the market. After Renzi’s crash on the weekend and the expectations of the ECB measures to deal with the possible fallout of the financial markets...
Tickmill
December 7, 2016
WTI bears on the prowl
WTI Crude was vulnerable to sharp losses on Tuesday following reports of OPEC output rising to a worrying record high of 34.19 million barrels per day in November which revived the oversupply concerns
FXTM
December 7, 2016
CAD claws back ground
The Canadian dollar has finally managed to gain some ground against the strong USD after weeks of the market waiting for it to react to oil prices beginning to show some turn after the recent OPEC agreements...
FXTM
December 6, 2016
Cash rates remain on hold at 1.5% as expected
Asian stock markets managed to move mostly higher, after gains in Europe and on Wall Street yesterday. The Italian MIB closed with slight losses Monday, but it seems investors quickly got over the widely expected rejection of Italy’s constitutional reform and Renzi resignation...
HotForex
December 6, 2016
AUD fell on RBA statement
The Reserve Bank of Australia decide to leave its policy settings unchanged. Such a decision was widely expected. The main, cash rate was left unchanged at 1.5% as expected by every analyst surveyed by Bloomberg...
XTB
Get up to a $2,000 Deposit Bonus with Z.com Trade!
Supercharge your trading with Z.com Trade – the global brand of the GMO CLICK Group, which is the world’s largest forex provider by volume for four years running! We're offering a Deposit Bonus of up to $2,000, where you can nominate any one of your deposits to receive an additional bonus from us – up to a maximum bonus of $2,000! You can withdraw your profits anytime (subject to our withdrawal terms), and depositing is free of charge with any of our convenient methods – Visa/MasterCard, Skrill, Bank Wire and China UnionPay. We also offer a $30/€25/£20 Welcome Bonus when you open a Live Account – apply today and take advantage of both of these great offers!

December 6, 2016
Markets become increasingly acclimatized to negative news - adjustments never faster
Investors are getting used to bad news, and the lessons learnt in the past couple of months were implemented on Monday after the Italian referendum results...
FXTM
December 5, 2016
November services data will headline a thin economic slate
The ECB is the focus this week. The Bank not only has to deal with the immediate fallout from the Italian referendum, but most importantly, it will be deciding on the future of the QE program, which currently runs out in March...
HotForex
December 5, 2016
EUR fell on a negative referendum outcome
Italians voted NO to constitutional changes proposed by Italian Prime Minister Matteo Renzi. After negative outcome of the referendum, Renzi decided to quit in the early hours of Monday...
XTB
December 5, 2016
Italy continues to dominate headlines as Euro hits 20-month low
Political risk is showing no signs of escaping the headlines after the European Union was plagued into fresh political turmoil overnight following confirmation that Italian Prime Minister Matteo Renzi suffered a humiliating defeat in the referendum over constitutional reforms...
FXTM
December 2, 2016
It's not the jobs numbers
It’s not bee the economy that has been driving the dollar over the past 3 weeks, of that we can be pretty sure. Rather, it’s been expectations of tax cuts and spending increases, together with incentives for dollar repatriation under the new President...
FxPro
December 2, 2016
OPEC alliance stuck a global agreement
The Oil prices jumped on Wednesday after the organisation members agreed to pare production first time since 2008, to reduce global oversupply, which made the prices collapse by half since mid-2014...
Tickmill
Receive a tradable bonus of up to +200%!
Celebrate the company's 10th anniversary with us by claiming a Personal deposit bonus up to +200% on special terms. Find out which bonus YOU will get using our bonus calculator. Earn more with Grand Capital!

December 2, 2016
Rebound continues in UK construction
The latest data on the UK construction sector was released this morning, and will likely be seen as positive overall as the recovery from the Brexit shock appears to be persisting. Despite this the FTSE 100 is under pressure this morning...
XTB
December 1, 2016
NZD dips on trade index data
In recent days the NZD has managed to find itself in a bit of resurgence up the charts against the USD as positioned were unwound and people were looking for some positives out of the NZ economy.
FXTM
November 30, 2016
RBS stock plummets after failing stress tests
Shares in the Royal Bank of Scotland (RBS) have fallen sharply this morning after the latest bank stress tests showed the lender failing on all measures. Despite this the FTSE 100 is moving slightly higher, in part due to an increase in risk appetite on the markets...
XTB
November 30, 2016
Crunch time for oil
Today is all about oil prices, which were particularly nervous yesterday ahead of the today’s formal meeting of OPEC members in Vienna. The desire to cut production appears to be there, but it’s all about how it is delivered, with some members more flexible than others...
FxPro
November 30, 2016
It's all about OPEC
A strong feeling of anxiety has gripped the financial markets this week with investor jitters rising as uncertainty over OPEC securing a meaningful freeze deal in today’s Vienna meeting weighs heavily on global sentiment...
FXTM
November 29, 2016
USD follows the increase of US yields
When we described the inflation data from the EMU countries we pointed out that EURUSD defied the indications form the US bond market. This is no longer the case. It seems that the uptick in US yields has reached a critical mass that made the US dollar start to gain against its G-10 peers...
XTB
November 29, 2016
U-Turn on the market?
On Monday, the Dollar posted the biggest declines since the outcome of the US elections. The dollar index, which tracks the performance of the US currency against major opponents...
Tickmill
November 29, 2016
Japanese data sets the tone for week
There has been no major moves economically speaking in the market, but there is plenty on the horizon and markets will shortly be focused on data out of Japan with household spending likely to be the main focus...
FXTM

November 28, 2016
Europe turn to shine
So this week its Europe turn. For the single currency, Sunday’s Italian referendum on constitutional reform is not on the same scale as June Brexit vote and this month’s US election. In essence, its asking whether Italians want to reform the working of both the main and regional assemblies...
FxPro
November 28, 2016
Gold rebounds off key level ahead of busy week
As we reported the possibility on Friday of last week, gold did indeed fall further lower this week. The rising dollar, yields and US equity prices all weighed on the appeal of the buck-denominated, noninterest-bearing and perceived safe-haven precious metal...
FOREX.com
November 28, 2016
Oil awaits OPEC deal
The oil price came under heavy selling pressure on Friday as doubts linger about a potential production freeze from OPOEC when they meet on November 30th. History shows that the Oil cartel has a history of failed deals and the market is also skeptical this time around...
FIBO Group
November 25, 2016
Spending is increasing by the second
The US Dollar navigates towards a new peak on Thursday, as robust growth of Durable Goods Orders in October signalled that the estimate of the economic expansion may be behind the actual pace. The number of long-lasting expensive goods purchases in the US surged by 4.8%...
Tickmill
November 25, 2016
The night shift
A broad change of sentiment on USD and US assets occured during the night, around 2am, first with respect to futures contracts for S&P500 which managed to set a new record yesterday despite US holiday. Then, with a slight delay, Treasuries prices started to rise...
Tickmill
November 25, 2016
NZ economy lifts on better than expected trade balance data
The New Zealand economy has been positive so far today after the recent trade balance data came out and was stronger than expected at -846M (-950M) this was lead in part by stronger than exported exports coming in at 3.90B (3.75B)...
FXTM
November 24, 2016
Gold prices were not able to record any meaningful recovery
In terms of technicals the bearish trend remained intact. Markets were calm ahead of the bunch of U.S. data. Gold prices were not able to record any meaningful recovery on Wednesday and continued consolidating within a narrow band near last week lows...
Fort Financial Services
Learn How to Trade Forex
Get FXCM New to Forex Trading Guide when you sign-up for a FREE $50k practice account. The guide will explain what the forex market is and why to trade it, as well as the numerous advantages it offers and how it differs from traditional markets. The guide will also help you learn the simple steps and skills you need to make your first trade and become a forex trader. Get started and sign up today!
*Risks regarding foreign exchange trading

November 24, 2016
Sturdy Sterling
Sterling's performance yesterday (modestly higher against the euro and dollar) came about despite the gloomy headlines on the economy and higher government borrowing...
FxPro
November 24, 2016
Dollars revs as Fed meeting minutes loom
The Greenback stood firm during trading on Wednesday with prices stabilizing around 14 year highs against a basket of currencies at 101.10 as speculation of a December rate hike reached mind boggling levels...
FXTM
November 23, 2016
US equities are breaking records
All three major stock indices – SP500, DJIA and Nasdaq simultaneously advanced to a new record high first time since 1999. Ten sectors from eleven in SP500 posted growth, which was fuelled by the retreat of the US Dollar...
Tickmill