Nidal Thuminat

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.

Forex Trading Articles, Morning Roll Call

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.

Forex Trading Articles, Market Commentaries

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.

Forex Trading Articles, Market Commentaries

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 »

U.K. gets its Brexit extension, ECB’s Draghi delivers a dovish statement, FOMC continues to adopt a “wait and see” monetary policy.

Forex Trading Articles, Morning Roll Call

As predicted, by the economists polled by Reuters and Bloomberg, the ECB announced they had kept the key interest rate unchanged at 0.00% and the deposit rate fixed at -0.4%, at the culmination of their committee meeting. Later in the afternoon, during his press conference in Frankfurt, the ECB President Mario Draghi urged patience, with

U.K. gets its Brexit extension, ECB’s Draghi delivers a dovish statement, FOMC continues to adopt a “wait and see” monetary policy. Read More »

A Guide to Determining Position Size When Trading Forex

Is skill an overrated concept when discussing and trading FX?

Forex Trading Articles, Market Commentaries

As an FX trader, what do you think of when you consider the word “skill”? You may think of a sportsman, or woman with exceptional skills. Perhaps you’d conjure up thoughts of world class tennis players such as; Serena Williams, or Roger Federer. Or footballers such as; Lionel Messi and Ronaldo. Or maybe you’d think

Is skill an overrated concept when discussing and trading FX? Read More »

Focus turns to central bank committee decision making, as the ECB reveals its latest interest rate decision and the FOMC/Fed publishes its minutes from its March meeting.

Forex Trading Articles, Market Commentaries

On Wednesday afternoon, the value of sterling will come under intense focus and increased speculation, as an emergency E.U. summit decides what extension they’re prepared to offer the U.K. in order for the country to delay its exit from the European Union, which is currently scheduled for Friday April 12th. The widely held consensus is

Focus turns to central bank committee decision making, as the ECB reveals its latest interest rate decision and the FOMC/Fed publishes its minutes from its March meeting. Read More »

Yen rises versus peers, as safe have appeal increases due to the IMF lowering global growth forecasts, GPB/USD whipsaws in synergy with Brexit developments.

Forex Trading Articles, Morning Roll Call

Japan’s yen rose versus several of its main peers during Tuesday’s trading sessions, its safe haven appeal was elevated as a consequence of the IMF severely cutting its predictions, regarding global growth for 2019. The International Monetary Fund cut its forecast to 3.3%, from the 3.5% rate it had predicted as recently as January 2019,

Yen rises versus peers, as safe have appeal increases due to the IMF lowering global growth forecasts, GPB/USD whipsaws in synergy with Brexit developments. Read More »

Oil surge causes commodity currencies to rise at the expense of USD, GBP rises versus peers as analysts believe Brexit date will be extended.

Forex Trading Articles, Market Commentaries

The value of the U.S. dollar has been hit by two factors, during trading over recent sessions; the overall risk on market mood, as a consequence of a potential favourable outcome in the China-USA trade talks, combined with the rise in the value of oil and consequently commodity currencies, has caused the greenback to slip

Oil surge causes commodity currencies to rise at the expense of USD, GBP rises versus peers as analysts believe Brexit date will be extended. Read More »