Market Analysis

  • Dollar and Gold uproar as corona virus rages again

    Dollar and Gold uproar as corona virus rages again

    Jun 26, 20 • 2679 Views • Forex News, Forex Trading Articles, Market Analysis, Top News Comments Off on Dollar and Gold uproar as corona virus rages again

    COVID-19 numbers increase with the distressing rate in South America, and this pandemic situation is making the market’s mood sour. Other currencies are falling, but in contrast, the Dollar and gold have outstanding performance. A three-layered...

  • U.K. FTSE 100 reaches 7,000 in morning trading, Aussie dollar slips as building data disappoints the markets

    Feb 4, 19 • 2349 Views • Forex Trading Articles, Market Analysis, Market Commentaries Comments Off on U.K. FTSE 100 reaches 7,000 in morning trading, Aussie dollar slips as building data disappoints the markets

    The leading U.K. index the FTSE 100, breached the critical psyche level and handle of 7,000 during the early part of the London session to reach 7,040, a level not seen since early December 2018. During 2018 the index threatened to break through the 8,000...

  • Forex Technical & Market Analysis: June 13 2013

    Forex Technical & Market Analysis: June 13 2013

    Jun 13, 13 • 3902 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: June 13 2013

    2013-06-13 04:25 GMT IMF approves €657 million bailout tranche for Portugal The International Monetary Fund (IMF) approved the seventh tranche of Portugal's bailout Wednesday and gave the country more time to meet its budget-cutting goals. The IMF...

  • Forex Technical & Market Analysis: June 06 2013

    Forex Technical & Market Analysis: June 06 2013

    Jun 6, 13 • 4250 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: June 06 2013

    2013-06-06 04:20 GMT EUR Prime for a Breakout on ECB The euro is prime for a breakout. Unlike other major currency pairs, EUR/USD traded in a relatively tight range throughout the European and North American sessions. On a technical basis, the currency pair...

  • Forex Technical & Market Analysis: June 04 2013

    Forex Technical & Market Analysis: June 04 2013

    Jun 4, 13 • 4016 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: June 04 2013

    2013-06-04 03:20 GMT Fitch cuts Cyprus to B-, negative outlook Fitch Ratings has downgraded Cyprus's long-term foreign currency issuer default rating by one notch to 'B-' from 'B' while keeping a negative outlook due to the country's...

  • Forex Technical & Market Analysis: June 03 2013

    Forex Technical & Market Analysis: June 03 2013

    Jun 3, 13 • 3922 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: June 03 2013

    2013-03-06 06:18 GMT Keep an eye on the oil market after Chavez's death Following the breaking news of Venezuela's president Hugo Chavez death, which has no direct impact on the currency market, traders should, nevertheless, keep an eye on the Oil...

  • Forex Technical & Market Analysis: June 04 2013

    Forex Technical & Market Analysis: May 30 2013

    May 30, 13 • 12613 Views • Market Analysis 1 Comment

    2013-05-30 04:30 GMT OECD: Global economy is moving forward at multiple speeds In its biannual Economic Outlook report, published on Wednesday, the Organization for Economic Cooperation and Development reduced the global growth outlook to 3.1% from the...

  • Forex Technical & Market Analysis: May 29 2013

    May 29, 13 • 6254 Views • Market Analysis 1 Comment

    2013-05-29 02:40 GMT EUR Succumbs to Rise in U.S. Yields Demand for U.S. dollars kept pressure on the euro and all major currencies throughout the North American session. Between the recovery in U.S. stocks and the surge in U.S. yields, the dollar is one of...

  • Forex Technical & Market Analysis: May 28 2013

    Forex Technical & Market Analysis: May 28 2013

    May 28, 13 • 6499 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: May 28 2013

    2013-05-28 03:25 GMT After the storm As last week’s volatility in Japanese markets demonstrates central banks do not have it all their own way. Unfortunately for Japan the risk remains that policy makers spur higher yields without accompanying growth,...

  • Forex Technical Analysis EURUSD

    Forex Technical & Market Analysis: May 27 2013

    May 27, 13 • 6197 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: May 27 2013

    2012-11-28 11:24 GMT EU gives the go-ahead to Spanish bank restructuring plan The European Commission announced on Wednesday its approval of the plans to restructure Spain's four nationalized banks: Bankia, Nova Caixa Galicia, Catalunya Caixa and Banco de...