FxPro - Forex Market Reviews

FxPro
13 Jan, 2021   The soft tone of Fed members pushed the Dollar back down

In New York trading the US dollar reversed to a decline from the upper bound of the downtrend that began late September. Sellers of the dollar...

FxPro
12 Jan, 2021   Stocks pause for breath as bond selloff extends

Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and rising coronavirus cases gave pause, though a selloff in...

FxPro
7 Jan, 2021   Low inflation drives up agricultural prices

Enormous government stimulus and a busy printing press have revived fears of out of control inflation that plagued economists after the global financial crisis when...

FxPro
6 Jan, 2021   Dollar sinks as investors weigh Democrat gains in Georgia

The U.S. dollar slipped on Wednesday as Democrats took the lead in runoff votes that will determine control of the U.S. Senate and possibly pave the way for a big...

FxPro
5 Jan, 2021   Oil prices little changed before OPEC+ resumes meeting on Feb output levels

Oil prices were little changed on Tuesday before deadlocked talks between major producers about potential changes in February output are set to continue...

FxPro
4 Jan, 2021   When will stocks reach their ceiling?

It is a common perception that the pandemic has disrupted market fundamentals. Investors continue to buy shares of companies that are more than overpriced...


FxPro
21 Dec, 2020   Oil falls $2 as new virus strain sparks demand worries

Oil prices tumbled by $2 on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked...

FxPro
11 Dec, 2020   Dollar Slips With Stocks Mixed. Oil Extends Gain

The dollar came back under pressure Friday as investors weighed fading prospects for a stimulus deal in Washington against disappointing U.S. jobs data. Stocks were...

FxPro
10 Dec, 2020   Asia-Pacific markets fall as investors keep an eye on Brexit talks

Asia-Pacific markets mostly declined Thursday as investors kept an eye on Brexit trade talks as well as ongoing negotiations in the U.S. for a coronavirus relief package...

FxPro
8 Dec, 2020   Gold prices finish higher, buoyed by progress toward a U.S. fiscal stimulus deal

Gold futures finished higher on Monday, with prices for the haven metal getting a strong lift from progress toward another coronavirus aid package and the further...

FxPro
3 Dec, 2020   Oil drops as OPEC+ resume talks on output cut extension

Oil prices fell on Thursday as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave...

FxPro
23 Nov, 2020   Economic optimism causes dollar retreat

The dollar index remains close to an important support line of around 92, where it is pressed by rising demand for risk assets. In addition to the widespread expectations of speedy...


FxPro
13 Nov, 2020   Jump in Europe virus cases hits shares after sharp weekly rally

Europe's benchmark stock index fell on Friday, setting up to end its second straight week of gains on a glum note, as surging coronavirus cases compounded fears...

FxPro
12 Nov, 2020   Dollar rises as markets adjust to vaccine hope and higher yields

The U.S. dollar rose and the safe-haven yen weakened again on Wednesday as the markets continued to adjust to higher interest rates and prospects for economic...

FxPro
10 Nov, 2020   Oil gains as COVID-19 vaccine hopes outweigh weak fuel demand outlook

Oil prices rose on Tuesday as high hopes that a COVID-19 vaccine could be on the horizon were enough to cancel out fears that fuel demand is set to weaken...

FxPro
6 Nov, 2020   Vote counts push Biden closer to victory

With his re-election chances fading as more votes are counted in a handful of battleground states, U.S. President Donald Trump launched an extraordinary assault...

FxPro
5 Nov, 2020   The winner of the US Presidential Race is still uncertain

Biden has some advantage in the presidential race, as he holds 264 electoral votes against 214 for Trump. However, the Democrats are far from a complete victory...

FxPro
29 Oct, 2020   Dow Jones Industrial Average futures rise nearly 300 points

U.S. stock futures rose in early Thursday morning trade after the worst day for the market in several months. Futures tied to the Dow Jones Industrial Average...


FxPro
28 Oct, 2020   Currency market volatility jumps before U.S. election outcome

Gauges for implied currency swings in the $6.6 trillion a day foreign exchange markets jumped to their highest levels in nearly seven months on Wednesday as traders...

FxPro
28 Oct, 2020   Markets are more anxious, and it's not just the US elections

The situation in the markets appears increasingly cautious. Key US indices are developing a decline and Futures for S&P500 are losing 0.5% today after the main...

FxPro
20 Oct, 2020   Euro struggles as U.S. deal hopes fade, COVID spreads

The euro struggled to rise above the $1.18 level on Tuesday as fading hopes for a U.S. coronavirus aid package dealt a blow to risky assets worldwide, with rising...


FxPro
15 Oct, 2020   Pandemic surge increasing market cautions

The US indexes stay under moderate pressure on the third day. The S&P500 lost 0.7% on Wednesday and futures on the index are down another...

FxPro
14 Oct, 2020   Dollar extends gains, hitting six-day high

The dollar index extended its gains on Wednesday and demand for riskier currencies was subdued, as investors became more cautious over rising COVID-19 cases...

FxPro
13 Oct, 2020   Oil lost its momentum but retained its growth potential

The technology giants are pulling the markets up again. However, this time their positive impact has not yet been able to create a broader growth impulse...


FxPro
12 Oct, 2020   Bank of England asks banks how ready they are for sub-zero rates

The Bank of England asked banks on Monday how ready they are for zero or negative interest rates, following up its announcement last month that it was considering...

FxPro
9 Oct, 2020   Here's How Much the S&P 500 Can Fall

President Donald Trump announced Tuesday that he was halting stimulus talks until after the election, causing stocks to drop suddenly before markets close...

FxPro
8 Oct, 2020   Over 80% of people with coronavirus didn't have key symptoms

So-called "silent spreaders" of the coronavirus could be more common than previously thought, with a U.K. study finding that more than two thirds of people...


FxPro
6 Oct, 2020   Trump may face a "backlash" by returning to work while still infected

U.S. President Donald Trump returned to the White House on Monday despite still being infected - a move analysts say could draw "backlash" and shows he doesn't take...

FxPro
30 Sep, 2020   Dow futures fall more than 200 points after U.S. presidential debate

U.S. stock futures declined early Wednesday as traders digested the first U.S. presidential debate. Dow Jones Industrial Average futures pointed to an opening loss...

FxPro
28 Sep, 2020   Shares bounce, but currencies are wary

The markets on Monday morning are supported by hopes for fiscal support in the US and progress in Brexit negotiations. Interestingly, the markets have managed...


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18 Jan, 2021   What Forex Pairs to Trade in 2021: Our Top Picks

The year 2020 is gone, but the problems it has brought upon the world and all of the major Forex markets will linger in 2021 as the COVID-10 pandemic is far from...

18 Jan, 2021   Top 10 Forex Strategies for Profitable Trading in 2021

The estimated trading volume of the foreign exchange (Forex) market stands at $6.6 trillion, a figure that exceeds even the volume traded across all stock markets...

18 Jan, 2021   10 Best Forex Brokers to Opt For in 2021

Choosing the right Forex broker, a firm that facilitates the buying and selling of currencies and other financial instruments, is of the utmost importance. Also, it could be...

FXTM
18 Jan, 2021   FXTMUSDJPY Daily: Possible uptrend in the works

The USDJPY, on the D1 time frame, was in a steady downtrend until it reached a lower bottom at 102.591 on 6 January. The Bulls found the price attractive...

XM
15 Jan, 2021   XMUSDCAD holds under SMAs unable to break bearish shackles

USDCAD is pushing off multi-year lows but seems to be incapable of shaking off the bearish tone which has grasped the pair for nearly a year, starting back in March 2020...