HYCM - Forex Market Reviews

HYCM
Gold near term weakness

Gold has fallen to a yearly low, as it lost around 4% in June itself (end-of period prices), contrasting sharply with the above $13000/oz. price performance in the early part...

HYCM
Dollar holds weaker below mid-94.00s

Fading German political uncertainty lifts EUR and prompts some weakness. Flattening of the US yield curve further collaborates to the weaker tone...

HYCM
FOMC will raise rates today

At this point, it would be extremely surprising were the Committee to forego a rate hike. Economic data have indicated accelerating activity over the...

easyMarkets Launches Ripple and Ethereum
easyMarkets Launches Ripple and Ethereum

Recently easyMarkets announced the addition of two more exciting cryptocurrencies – Ethereum and Ripple in addition to Bitcoin. Both of these new assets are available on easyMarkets platform, App and the popular MT4. Although Bitcoin dominated the media last year – both Ethereum and Ripple experienced significant climbs.

HYCM
Gold struggles despite softer USD

Fails to benefit from the ongoing USD retracement slide and escalating trade tensions. Fading safe-haven demand/rising US bond yields/ECB QE...

HYCM
Dollar weakens farther below 92.00 handle

The greenback held on the defensive at the start of 2018, with the key US Dollar Index languishing near its lowest level in over three months...

HYCM
Environment changes for central banks

2017 may have been extraordinary in terms of the political influences on G10 FX markets, but central banks have stolen a fair share of market...


HYCM
Gold hangs closer to 5-month lows

Gold came under some renewed selling pressure on Wednesday and eroded majority of its previous session's recovery move from near 5-month lows...

HYCM
EUR futures: deeper pullback not ruled out

According to CME Group’s flash data for EUR futures markets, traders increased their open interest positions by more than 19.1K contracts...

HYCM
US Dollar looks to retake 92.00

The greenback, tracked by the US Dollar Index (DXY), is facing strong resistance in the boundaries of the 92.00 handle ahead of the opening bell...

The resumption of deposit and withdrawal via Webmoney
The resumption of deposit and withdrawal via Webmoney

Fibo Group is glad to inform that the possibility of replenishing the trading account as well as the withdrawal via the Webmoney system has resumed. To top up the trading account a client needs to create an invoice through their Personal Cabinet on the FIBO Group website and clear it via the Webmoney purse. The deposit is free of charge and the enrolment occurs automatically after the invoice payment.To make a withdrawal from the Webmoney purse a client would need to create a withdrawal request in the Personal Cabinet on the FIBO Group website.

HYCM
EUR/GBP hits fresh highs

The British Pound faded UK manufacturing PMI-led minor up-tick, lifting the EUR/GBP cross to fresh highs since mid-March...

HYCM
Oil sees a flash crash

Oil prices on both sides of the Atlantic witnessed a sharp downward spike, following comments from oil ministers of leading OPEC producers...

HYCM
Euro under moderate pressure

The research team at Lloyds Bank explains that the euro, along with the pound, has outperformed over the past month...


HYCM
Gold hanging near 3-week lows

Gold oscillated in a narrow trading band, with slight negative bias, and was seen consolidating...

HYCM
US Dollar finds buyers around 100.20

The greenback, measured by the US Dollar Index, stays under...

HYCM
Gold consolidates near $1,260/oz

The ounce troy of the precious metal has reverted yesterday’s pullback and is now trading near session tops around $1,260...

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Learn How to Trade Forex

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Oil sits at multi-month troughs

Oil benchmarks on both sides of the Atlantic snapped a minor-bounce and traded modestly flat ahead of the European open, as investors remain wary heading towards the inventory report due to be published by the API later on the day...

Gold holding stable around $1318

After dipping to $1315 region, Gold has managed to recover the lost ground and is currently trading nearly unchanged around $1318 level, awaiting for fresh impetus from FOMC monetary policy decision...

Gold inching higher to reclaim $1300 level

Risk-off sentiment across global financial markets and broader USD weakness continues to boost demand for Gold, which has now moved within striking distance of reclaiming $1300 level for the first time since Jan. 2015...


Gold regains poise, set to test $ 1250

The bullion ran through fresh bids during the European session, now pushing further towards $ 1250 mark as we head closer towards the Fed interest rate decision...

Gold stays below $1200 in Europe, risk-on weighs

Gold prices recovered off lows, but stay below USD 1200 mark in Europe as the major European equity futures point to risk-on action after opening bell...

The Economic Week Ahead - January 18 - 22, 2016

United States: After the holiday break today (Martin Luther King, Jr. Day), the U.S. economic calendar may offer only limited last-minute insight for the Fed ahead of its policy decision the following week...


What is in store for global financial markets

Research Team at Goldman Sachs, expects global GDP growth to edge up from 3.1% in 2015 to 3.5% in 2016, although the improvement largely reflects stabilization in some of the hardest-hit EM economies...

Major FX rates drifting sideways heading into yearend as crude oil plunges

Emerging market currencies have continued to underperform so far this month. Renewed weakness in the Russian rouble has been most notable so far this week lifting USD/RUB to its highest level since the same period of last year...

A glance at overnight markets

After rallying last week, oil prices are off 2%, base and precious metals lower. No end to the political uncertainty in Spain, but Spanish 10-year bonds are matching regional performance...


Yen strength as the Tokyo policy influence fades

Research Team at MUFG, suggests that the lack of further upside for USD/JPY this year even as short-term US yields moved higher in anticipation of the first rate hike that finally arrived this week is an indication that the dynamics in the yen market are changing...

Optimism vanishes from the FTSE

Indices have failed to win back any of the ground lost yesterday, as the higher open for the FTSE 100 this morning gave way to a fresh bout of losses. Chinese CPI was one of the chief culprits, with the FTSE underperformance today versus other European indices once again due to the mining sector...

European indices expected to open higher

European stocks are expected to open on a positive note on Friday, that will be a calm session in terms of economic news, with traders waiting for the upcoming Fed meeting...


SNB forex reserves rose to record highs in August

The Swiss National Bank's (SNB) foreign-currency holdings rose 1.7% to a record high in August, according to fresh data published on the central bank's website on Monday...

European indices submerged in the red, NFP

Stocks on the European indices open on a bearish note and fell further into losses during the European morning hours as traders moved past the ECB event as focus shifts back to the much awaited US labour market report...

USD expected to remain bid

Global markets stabilised late last week on better US data and expectations that global policymakers eventually will provide some support for markets. The USD has fallen against safe-haven currencies such as EUR, JPY and CHF in recent weeks...



In the past 24 hours Bitcoin has lost -1.55% and reached $7323.72. Open your trading account with the best cryptocurrency brokers on special terms today.

In the past 7 days the EUR/USD pair has lost -0.2329% and is now at $1.1646. Start trading and making money on Forex today.

In the past 7 days Ethereum has gained 8.42% and is now at $476.171. Have the most popular cryptocurrencies compared online 24/7.


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# Broker Review
1easyMarketseasyMarkets90%
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7AvaTradeAvaTrade69%
8HotForexHotForex68%
9XMXM68%
10Alfa-ForexAlfa-Forex66%
  


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