Forex Trading Articles

Waiting until the market comes to you. What does this phrase mean and what trading plan can we build, to execute FX trading strategies based on the concept?

May 6, 19 • 71 Views • Forex Trading Articles, Market Commentaries • No Comments

If you regularly peruse the most popular FX trading forums, or read books and articles on the subject of FX trading, you might constantly stumble across the phrase; “wait until the market comes to you.” It’s an evocative phrase, conjuring up ideas of:...
Could the RBA central bank lower Australia’s key interest rate by 0.25%?

May 6, 19 • 87 Views • Forex Trading Articles, Market Commentaries • No Comments

On Tuesday May 7th, at 5:30am U.K. time, Australia’s central bank the RBA, (reserve bank of Australia) will announce its latest decision, regarding the headline interest rate. Referred to as the “cash rate”, the rate is currently at 1.50%, it has...
Chinese equity markets experience a significant sell off, after Trump makes threats regarding the lack of progress in the trade talks.

May 6, 19 • 93 Views • Forex Trading Articles, Market Commentaries • No Comments

After months of trade talks and negotiations between China and the USA, which have been making little progress, the Trump administration appeared to take a gamble; by blinking first and threatening to increase tariffs, over and above the $200b of imports the...
Interest rate decisions dominate the economic calendar during the trading week.

May 6, 19 • 83 Views • Forex Trading Articles, Morning Roll Call • No Comments

The week begins with a relatively quiet day on Monday for calendar events, as the U.K. banking system is closed (on Monday only) for the May bank holiday. Therefore, trading in forex, particularly in GBP related pairs, could experience less volume during the...
U.S. dollar firms due to FOMC policy and expectations that NFP numbers might surprise to the upside, sterling falls as Tory party loses seats in local govt areas.

May 3, 19 • 117 Views • Forex Trading Articles, Market Commentaries • No Comments

Shortly after the main London FX market opened, the dollar index (DXY) traded at 97.94, up 0.10%, as marginal dollar strength has returned to forex markets over recent trading sessions. The narrative delivered by Jerome Powell, the Fed chair, after the FOMC...
U.S. dollar rises versus peers as FX traders reduce their bets on rate cuts, sterling falls as Bank of England keeps base rate unchanged, but voices fears over Brexit.

May 3, 19 • 107 Views • Forex Trading Articles, Morning Roll Call • No Comments

The U.S. dollar recorded gains versus the majority of its peers during the trading sessions on Thursday as FX analysts and traders balanced their positions, based on the FOMC rate hold announcement, disclosed on Wednesday evening. The Fed chair Jerome...
April’s NFP jobs count will be closely monitored for any signs of structural weakness in the USA economy.

May 2, 19 • 115 Views • Forex Trading Articles, Market Commentaries • No Comments

On Friday May 3rd, at 13:30pm U.K. time, the latest series of NFP jobs data will be published. The key headline figure, which is listed as a high impact event on economic calendars, is the metric indicating the amount of “non farm payroll jobs”, created...
The U.S. dollar consolidates in a tight range after the latest FOMC/Fed decision and forward guidance, FX market traders turn their focus to the latest BoE rate setting decision.

May 2, 19 • 100 Views • Forex Trading Articles, Market Commentaries • No Comments

After whipsawing in a tight range versus several of its peers on Wednesday evening, during the period between the FOMC rate hold announcement and the conference held by Jerome Powell, the Fed chair, the U.S. dollar consolidated its position during the Sydney...
USA jobs data beats forecasts, whilst the ISM manufacturing metric disappoints, U.S. dollar rises after FOMC decision and Jerome Powell statement.

May 2, 19 • 106 Views • Forex Trading Articles, Morning Roll Call • No Comments

On Friday May 3rd, at 13:30pm U.K. time, the latest NFP jobs data will be published. In the same week as the NFP data is published, the latest ADP payrolls data is usually released on the preceding Wednesday. On Wednesday May 1st, the ADP data came in at 275k...
Will the Bank of England alter its monetary policy stance, as it announces its latest interest rate decision?

May 1, 19 • 106 Views • Forex Trading Articles, Market Commentaries • No Comments

On Thursday May 2nd, at 12:00pm U.K. time, the MPC, Monetary Policy Committee of the U.K. central bank, the Bank of England, will announce its decision regarding the U.K. economy’s base interest rate. The rate is currently 0.75%, it’s risen twice since...