Forex Trading Articles

German factory orders continue to collapse, focus turns to NFP data

Jul 5, 19 • 76 Views • Forex Trading Articles, Market Commentaries • No Comments

Germany’s latest manufacturing factory orders continued to free-fall according to the latest data reported by Germany’s statistics agency Destatis on Friday morning. Month on month orders slumped by -2.2% for May, year on year orders have fallen by -8.6%....
Gold rises to highest level since February, markets begin pricing in FOMC rate cuts in 2019, FAANGS lose their bite.

Jun 4, 19 • 335 Views • Forex Trading Articles, Morning Roll Call • No Comments

XAU/USD rose through the $1,330 per ounce level for the first time in several months, during Monday’s trading sessions. Investors and traders sought solace and refuge in the precious metal and other safe haven assets, due to the continued nervousness...
“Sell in May and go away”, if only it was that easy.

Jun 3, 19 • 608 Views • Forex Trading Articles, Market Commentaries • No Comments

The phrase “sell in May and go away” is thought to originate from an old English saying; “sell in May and go away and come on back on St. Leger’s Day.” This phrase refers to the custom in previous times when: aristocrats,...
Will the RBA, Australia’s central bank, cut the cash rate to 1.25% from 1.50%, and how will Aussie dollar react if they do?

Jun 3, 19 • 353 Views • Forex Trading Articles, Market Commentaries • No Comments

At 5:30am U.K. time, on Tuesday June 4th, the RBA, Reserve Bank of Australia, will announce its decision regarding the country’s key interest rate. The RBA kept the cash rate at a record low of 1.5 percent at the culmination of their May meeting, extending...
Japan’s equity indices are close to rubbing out year to date gains, USA equity indices futures indicate negative open, U.S. dollar flat, whilst Swiss franc gains.

Jun 3, 19 • 338 Views • Forex Trading Articles, Market Commentaries • No Comments

As President Trump boarded the famous airforce one presidential jet, to come to the U.K. for a three day state visit, he had already fired off a volley of controversial statements. He reaffirmed his support for Tory leadership candidate (and de facto prime...
Interest rate decisions for Australia and the Eurozone are revealed, during a week when many PMIs are published, as are inflation figures and the NFP jobs report.

Jun 3, 19 • 365 Views • Forex Trading Articles, Morning Roll Call • No Comments

The weekly economic calendar events begins with an extremely busy day on Monday June 3rd, as the latest Caixan manufacturing PMI for China is published in the Asian session; the Reuters forecast is for a reading of 50, right on the line separating contraction...
There are no reasons or excuses for blowing up an account, even a demo account.

May 31, 19 • 474 Views • Forex Trading Articles, Market Commentaries • No Comments

If you converse with experienced retail traders, regarding the mistakes they wished they’d avoided when they first discovered and began trading the markets, they’ll often point to understanding and applying the concepts of: money management, risk and...
Gold and yen rise as investors seek safe havens refuge, European equity indices slump in early trade, as U.S. futures indices indicate a negative open for the USA equity markets.

May 31, 19 • 309 Views • Forex Trading Articles, Market Commentaries • No Comments

In the overnight Sydney-Asian sessions, on Thursday night/Friday morning, a raft of data concerning Japan’s economy was published. The majority of the readings came in as forecast by Reuters, with industrial production improving. However, Japan’s retail...
Sterling holds close to four month lows, as confusion increases regarding govt. direction, WTI oil slumps, whilst USA market equities recoup some weekly losses.

May 31, 19 • 323 Views • Forex Trading Articles, Morning Roll Call • No Comments

The U.K. pound continued its slide during Thursday’s trading sessions, as the chaos and confusion surrounding the current Tory government, continued to gather pace. After yet another candidate announced their intention to run for the job of leader, once...
Why your intuition when trading FX, may be more important and relevant than you first think.

May 30, 19 • 409 Views • Forex Trading Articles, Market Commentaries • No Comments

As forex traders you’re constantly encouraged to concentrate on facts and data. You know the FX markets rise and fall, in relation to the economic calendar releases and any data which is subsequently attached to the releases. You also know that geo...