Forex News

  • Global markets suffering after Fed's rate hike forecast

    Global markets suffering after Fed’s rate hike forecast

    Jun 18, 21 • 117 Views • Forex News, Hot Trading News, Top News Comments Off on Global markets suffering after Fed’s rate hike forecast

    Global equity markets were mostly lower on Thursday after the Federal Reserve indicated it could ease economic stimuli earlier than previously thought. London and Frankfurt opened lower while Tokyo, Seoul and Sydney fell. Shanghai and Hong Kong advanced. U.S....

  • Effect of covid-19 on forex trading

    Effect of covid-19 on forex trading

    May 27, 21 • 514 Views • Forex News, Market Analysis Comments Off on Effect of covid-19 on forex trading

    Negative effects of covid-19 on forex trading (oil prices & Dollar) Positive effects of covid on forex trading (new clients, trade volume) When  covid-19, commonly known as the Coronavirus started in Wuhan China, nobody was sure about its impact on...

  • Review of US data expected this week

    Review of US data expected this week

    Mar 16, 21 • 511 Views • Forex News Comments Off on Review of US data expected this week

    Retail sales The data will be published on Tuesday, March 16, at 12:30 GMT. We expect some modest payback in retail sales data for February after spending spikes in the previous month. Direct checks from the December fiscal stimulus package burned a hole in...

  • US Dollar soars to 3-month highs

    US Dollar soars to 3-month highs

    Mar 9, 21 • 547 Views • Forex News Comments Off on US Dollar soars to 3-month highs

    US lawmakers approved $ 1.9 trillion in stimulus, and the US labor market report, which was released on Friday, was strong. However, despite this, sales are observed in the market of risky assets, so the dollar is strengthening. The dollar index traded near...

  • Dollar rises amid economic optimism

    Dollar rises amid economic optimism

    Feb 5, 21 • 611 Views • Forex News Comments Off on Dollar rises amid economic optimism

    On Thursday, the U.S. Dollar rose to its highest level in more than two months against the Euro and the Yen. Pessimism on the U.S. economic outlook weakened ahead of the release of important labor market data. The GBP fell against the U.S. Dollar but traded...

  • The Eurozone downturn intensifies!

    The Eurozone downturn intensifies!

    Feb 4, 21 • 497 Views • Forex News Comments Off on The Eurozone downturn intensifies!

    The economic downturn in the eurozone intensified in January as renewed restrictions aimed at curbing the coronavirus’s spread hit the bloc’s dominant services sector hard. Coronavirus cases are on the rise again, and governments across the...

  • What is Dollar Index?

    Dollar bears start weakening!

    Feb 3, 21 • 537 Views • Forex News Comments Off on Dollar bears start weakening!

    The U.S. Dollar moved near a seven-week high on Tuesday, capitalizing on a sell-off in the Euro. The day before, the single currency fell after bans imposed to fight the coronavirus reduced consumer spending in Germany. The squeezing of short positions on the...

  • Surge in oil prices could be short-lived

    Surge in oil prices could be short-lived

    Feb 1, 21 • 630 Views • Forex News Comments Off on Surge in oil prices could be short-lived

    Oil prices are rising after a weak start. However, scattered coronavirus vaccine deployments, new infections, and the discovery of new strains of the virus are casting a shadow over demand prospects.Brent crude oil futures rose 1% to $ 55.57 a barrel, while...

  • Gold to continue gains in the next week

    Gold to continue gains in the next week

    Jun 28, 20 • 978 Views • Forex News, Gold Comments Off on Gold to continue gains in the next week

    The second wave of coronavirus in the US is rising apprehensions among investors. NFP report can either serene or jolt the markets. There are chances of gains for the gold in the third straight week. Gold has stirred its top position by 1.3% in the week....

  • Risk events in the week ahead

    Risk events in the week ahead

    Jun 28, 20 • 1062 Views • Forex News, Hot Trading News, Top News Comments Off on Risk events in the week ahead

    The second wave of coronavirus in the US is rising apprehensions among investors. NFP report can either serene or jolt the markets. Release of National Data may not push Aussie from Range: Next week is filled with the data in Australia and investors are...