April 2019

Chinese data, CPI data from the: U.K. E.Z. and Canada, USA trade balance, could cause FX markets to experience increased volatility during Wednesday’s trading sessions.

Wednesday April 17th is an extremely busy day for economic calendar news and events, many of which have the power to move the FX and equity markets. Therefore, FX traders need to remain vigilant throughout the day, in order to manage their current positions and to ensure they’re positioned to take advantage of any developments. […]

Chinese data, CPI data from the: U.K. E.Z. and Canada, USA trade balance, could cause FX markets to experience increased volatility during Wednesday’s trading sessions. Read More »

Aussie dollar falls after RBA publishes dovish minutes, U.S. dollar gives up Asian session gains, as London trading session opens, euro falls as ZEW data is published.

The Aussie dollar fell versus several of its peers during the Sydney-Aussie trading session, as the central bank of Australia, the RBA, revealed in its minutes that it was quite prepared to lower interest rates, below the current record low of 1.5%, in an attempt to stimulate growth by way of a loose monetary policy,

Aussie dollar falls after RBA publishes dovish minutes, U.S. dollar gives up Asian session gains, as London trading session opens, euro falls as ZEW data is published. Read More »

USA equity markets slip as banking sector sentiment falls, GBP/USD trades in a tight range as volatility collapses, due to Brexit date extension.

What’s termed “earnings season”, when major USA firms listed on public trading markets, report their latest set of trading figures, has begun in America. Analysts and investors pay close attention to the results and in particular to the figures filed by the banking sector. The belief is that if firms, such as; Goldman Sachs and

USA equity markets slip as banking sector sentiment falls, GBP/USD trades in a tight range as volatility collapses, due to Brexit date extension. Read More »

Why Choose MetaTrader 4 as Your Trading Platform

Can retail FX traders scalp, using STP-ECN access and MetaTrader platforms?

The definition of what the concept of scalping represents, has altered substantially over recent years. To many old school traders (who can still recall when internet based trading was born) scalping means; searching for a profit equivalent to more than the spread cost. For example; if the spread on GBP/USD was circa 2-3 pips, you’d

Can retail FX traders scalp, using STP-ECN access and MetaTrader platforms? Read More »

Yen falls to a 2019 low versus USD, during the Asian trading session, long term speculators increase net long positions in USD, to levels not seen since 2015.

A combination of the Spring meeting between the IMF and World Bank, the benign FOMC minutes, a potential breakthrough in the China-USA trade talks and various economic calendar data, suggesting the USA economy is on course to match earlier bullish forecasts, might have caused a risk on environment to develop in equity markets over recent

Yen falls to a 2019 low versus USD, during the Asian trading session, long term speculators increase net long positions in USD, to levels not seen since 2015. Read More »

CPIs, PMIs, the latest USA trade balance deficit, Eurozone sentiment readings and North American housing data, will dominate the week’s FX calendar.

Monday begins with the latest U.K. Rightmove asking house prices, published just after midnight. This data, ranking as medium impact, can have a significant effect on overall U.K. consumer and investor sentiment, for both the value of equity indices and sterling. The trickle down effect that; house buying, moving and speculation has on the U.K.

CPIs, PMIs, the latest USA trade balance deficit, Eurozone sentiment readings and North American housing data, will dominate the week’s FX calendar. Read More »

Chinese exports and China’s trade balance make a significant recovery year on year in March, EUR/USD rises to a three week high.

The latest Chinese export and import figures were published late in the Asian trading session, just before the London-European session prepared to open. Exports out of China have risen by 14.2% year on year up to March, beating the Reuters expectation of 6.5%, whilst marking a significant recovery, above the -20.8% reading recorded in February.

Chinese exports and China’s trade balance make a significant recovery year on year in March, EUR/USD rises to a three week high. Read More »

USA records a low of unemployment claims not seen since 1969, USA equity markets trade in tight ranges, as global trade fears hit investors’ sentiment.

The USA statistics agency, the BLS, reported a weekly unemployment claims number so low on Thursday afternoon, that statisticians had to refer back to 1969 to find such a comparable small reading. Only 196k Americans filed an unemployment claim during the preceding week, whilst continuous claims also fell moderately. Cynics were quick to point out

USA records a low of unemployment claims not seen since 1969, USA equity markets trade in tight ranges, as global trade fears hit investors’ sentiment. Read More »

If you’re planning to quit retail FX trading, you might want to read this article before you finally give up.

It’s worth starting at the end of the article title, as none of us like to simply “give up”. There’s something about: quitting, walking away, surrendering, that should never fit comfortably with you psyche. Imagine for a moment, if you gave up easily on other pursuits, you’d never achieve anything. We persevere at difficult tasks

If you’re planning to quit retail FX trading, you might want to read this article before you finally give up. Read More »

Inflation rises in China, raising hopes that growth may be recovering, U.K. gets another Brexit extension.

China’s year on year CPI figure came in right on forecast, at 2.3% up to March, rising from 1.5% in February. Analysts immediately began to ponder if the globe’s second largest economy, might be entering a recovery mode, after its most recent GDP figures have indicated a slowdown in growth. That reduction in commerce, could

Inflation rises in China, raising hopes that growth may be recovering, U.K. gets another Brexit extension. Read More »