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May 30, 19 •
2453 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Friday ends the week with several high impact calendar events, which could impact on the value of several major FX pairs.
Friday May 31st, is an extremely busy day for economic calendar releases. There are several, key, high impact data releases, that will be published during Friday’s trading sessions, which have the power to impact on the value of the various currencies the...
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May 30, 19 •
2538 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Yen falls, Australasian dollars rise, Chinese and European equities rise as trade fears recede.
Negative data was printed for the Australian economy during the Sydney-Asian trading session; private capital expenditure fell by -1.7% in the first quarter of 2019, whilst building approvals fell by -4.7% in the month of April, after suffering a -13.4% fall...
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May 30, 19 •
2017 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on The Canadian dollar falls as BOC keeps interest rate at 1.75%, whilst issuing a dovish statement, U.S. equity indices fall, as trade war rhetoric is raised.
After selling off sharply during the New York session, U.S. equity markets recovered marginally, as trading drew to a close on Wednesday evening. The NASDAQ closed down -0.79% and the SPX down -0.69%, after both indices had registered daily losses of circa...
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May 29, 19 •
2252 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Why FX transaction costs shouldn’t be ignored when you’re developing a: trading method, strategy and choosing a broker.
It’s interesting to note that when discussions regarding money management are raised on various FX trading forums, or through social media channels, traders rarely concentrate on the subject of transaction costs. Instead, traders will discuss: keeping their...
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May 29, 19 •
2336 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Will the USA GDP figures reveal any impact, from the China-USA trade war and tariff rise?
On Thursday May 30th, at 13:30pm U.K. time, the latest GDP growth figures for the USA economy will be published. According to the Reuters and Bloomberg news agencies, after they’ve polled their panel of economists for a collective opinion, the forecast is...
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May 29, 19 •
2253 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on NZD falls after RBNZ Governor Orr delivers statements, JPY and USD rise as safe haven plays, Europe’s equity markets fall as global trade fears return.
In the Sydney-Asian trading session, the Kiwi dollar fell as the RBNZ broadcast its financial stability report, thereafter, Governor Orr orchestrated a press conference and appeared before a parliamentary committee, to explain the central bank’s decision...
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May 29, 19 •
2596 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity market indices sell off as Trump signals trade deal with China is some way off, USD rises, whilst investors also take haven in U.S. bonds.
After opening in positive territory, the key USA equity indices sold off sharply towards the end of the trading session, as China fears (once again) came to the fore, after several day’s respite, whilst Trump was on tour in Japan. The SPX index whipsawed in...
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May 28, 19 •
2145 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Canada’s central bank is tipped to hold the key interest rate at 1.75%, FX analysts and traders will quickly turn their focus to the BOC monetary policy narrative.
At 15:00pm U.K. time on Wednesday May 29th, the latest interest rate decision for Canada’s economy, will be revealed by Canada’s central bank the BOC, Bank of Canada. The widely held consensus, after news agencies such as Reuters and Bloomberg have polled...
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May 28, 19 •
2060 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Yen registers gains in the early sessions, dollar index rises, whilst euro slips as European election results move onto selection for leading positions, as Italy’s Salvini commits to tax cuts.
Japan’s yen registered gains versus the majority of its peers during the Asian session and the first hour of the London-European session. The rise wasn’t necessarily related to the currency’s safe haven appeal, as core CPI rose to 0.7% year on year,...
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May 28, 19 •
3056 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on How can you stop yourself closing your winning FX trades too early, or too late?
You could answer the question in the article title easily with the single word reply; “automate”. In many ways it’s the solution to many trading problems, were emotional control is involved. However, many day traders and scalpers can’t or won’t...