Daily Forex Market Reviews - Page 2

FXTM
Brexit chaos deepens

The British Pound fell yesterday afternoon, after the House of Commons Speaker John Bercow essentially banned Theresa May's Brexit deal from getting a third vote.

Orbex
USD slips on soft data and China talks

The euro posted modest gains on Friday as price action settled near March 13 highs of 1.1329, forming a double top pattern. The gains came as final...

Olymp Trade
Markets in Details: 18 March 2019

Markets will be closely watching developments from the U.K. which is exactly 11 days away from Brexit. The lack of certainty means businesses are completely...

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Orbex
China Targets 6.0-6.5% GDP Growth

In an effort to prop up its sluggish economic growth, the Beijing administration announced a series of measures including tax cuts and infrastructure...

HYCM
Gold rebounds from 200-hour SMA

The precious metal stalled its overnight sharp retracement slide from 1-1/2 week tops and managed to find decent support/regain positive traction...

Orbex
UK Brexit Vote Due Amid GDP Report

The US dollar extended declines for a second daily session. Economic data on the day was relatively sparse. The euro traded subdued...


OctaFX
Majors guided by ECB decision today

The main thing the FX market is waiting for from the ECB is for it to revisit its forward guidance on rates - and, as this is unlikely to be touched...

Orbex
Fed Powell's Testimony To U.S. Congress

The Fed Chairman, Jerome Powell gave his semi-annual two-day testimony to the U.S. Congress last week. In his testimony, Powell defended...

Alpari
Euro under pressure ahead of ECB meeting

The key events for the euro this week are the ECB meeting, Mario Draghi's press conference, and the US employment report coming out on Friday...

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FXTM
Rand gains on GDP but outlook clouded

Buying sentiment towards Rand has unexpectedly brightened today after official reports showed South Africa's economic growth cooled during...

Orbex
Bank Of Canada monetary policy preview

Given the recent patch of economic data, it is unlikely that the central bank will be pushing for rate hikes. The OIS money markets...

FXTM
US-China trade deal, ECB meeting and NFP

Asian equity markets entered the trading week on a front foot, following news that the United States and China were close to a breakthrough deal that...


FIBO Group
Gold needs some big news

The gold price is under further pressure in today's trading session as investors ponder the chances of another rate hike from the US Federal Reserve after the release...

FBS
Dollar rallies on Powell's remarks

On Wednesday, the evergreen buck ascended in Asia after Fed Chair Jerome Powell came up with a positive assessment of the American economy...

FxPro
Demand for safe assets grows

Markets remain under moderate pressure, despite the Fed comments. Powell's semi-annual speech in Congress reinforced expectations that the US Central Bank...

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.

Orbex
Another strong month on Australia labor market

The latest jobs report by the Australian Bureau of Statistics (ABS) showed that the labor market data beat the expectations with growth surging. The data...

FxPro
US-China trade talks: deadline postponed

China's blue-chip index jumped more than 6% on Monday morning on news that Trump would postpone of the tariff's introduction. The U.S. President...

Orbex
U.S. GDP and housing market data

Delayed data from the United States dominate the economic calendar for the week ahead. This includes some aspects of the housing market, the fourth...


Orbex
Japan CPI expected to be published

During the upcoming Asian session, market moves are likely to shift around the Japanese yen, as we have a fresh serving of key macro data coming out...

FIBO Group
Good news for the precious metal

Gold just got another reason to cheer after the latst minutes meeting from the US Federal reserve where the tone left many analysts predicting that...

FXTM
Fed patience adds to the Dollar woes

Will the Federal Reserve raise interest rates at all in 2019? This was a question even Fed officials were unable to answer, as the minutes from the FOMC’s January policy meeting revealed.


Orbex
Australia's January Unemployment Change

We could have some volatility in AUD pairs coming up during the Asian session, as the Australian Bureau of Statistics will be releasing a series...

FIBO Group
Gold to stay above $1300

The gold price has recovered strongly over the past 3 trading sessions after coming perilously close to touching the $1300 mark and...

Orbex
February US Consumer Sentiment

There could be some volatility in currency markets at the end of the trading session with the release of a series of second-tier economic data out of the US...


FXTM
EM currencies wait on trade talks

Emerging market currencies held steady near the end of the week as cautious optimism over the progress of US-China trade talks supported...

FXTM
Investors awaiting negotiations outcome

Investors in Asia are sitting on the sidelines as they cautiously await the outcome of high-level trade talks between the U.S. and China. With the earnings season...

FIBO Group
Oil price hinges on trade talks

Oil is down once again in today's trading session as investors and the market alike remain divided on the future direction of the price with a lot...


FBS
The yellow metal stands still

The postponed US-China summit as well as weaker estimates for the EU are playing into a decelerating global surge narrative, which could...

FXTM
Cautious BoE warns on Fog of Brexit

Sterling dipped on Thursday afternoon before later recovering after the Bank of England warned about the fog of Brexit and its unfavourable impacts on...

FxPro
China buys American oil again

The first U.S. oil shipments to China in months will reach their destinations just days from now, punctuating a pledge by President Donald Trump in December that China would begin buying...


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XM Forex Seminar Series in Malaysia

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