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Jul 18, 19 •
2450 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Weak Japanese import-export figures hit yen, Australian job data impacts on Aussie dollar, GBP rises as U.K. parliament looks to prevent no-deal exit
As analysts await Japan’s latest CPI figure to be published in the early part of Friday’s Asian session, the latest import-export figures for the globe’s fourth largest economy indicated that the country is struggling to increase growth. Japan posted a...
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Jul 18, 19 •
3246 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity indices register a second day of losses as investors seek refuge in gold as a safe haven
Various factors have conspired to prevent U.S. equity markets reaching new record highs over recent sessions. President Trump reigniting the tariff war threats versus China and profit taking have stalled the previous, consistent rises. However, earnings...
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Jul 17, 19 •
2071 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on U.S. equity markets fade as Trump re-ignites tariff war with China
WTI oil slumped by up to 4% yesterday after both Iran officials and President Trump intimated that a negotiation was possible in order to avoid future conflict. Many analysts were surprised by this sudden Trump climbdown, which represents a departure from his...
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Jul 17, 19 •
2675 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on WTI oil slumps as U.S. administration hints it might negotiate with Iran, U.S. equities end risk-on period
WTI oil slumped by circa 4.0% at one stage during the New York trading session after Iran’s foreign minister talked about a “path to new talks” and President Trump stated in a cabinet meeting on Tuesday that he’s “not looking for regime change” in...
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Jul 16, 19 •
2110 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Controlling your costs and trading through an STP-ECN broker gives you the best chance of experiencing FX trading success
It’s wrongly assumed that many FX brokers operate a short-term view of the retail trading industry. The widely held consensus is that they operate a churn process, in as much as they’re looking to rake in as much as possible from their clients in a short...
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Jul 16, 19 •
2002 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on A day of inflation reports could cause fluctuations in the value of GBP, EUR and CAD
On Wednesday July 17th several countries’ statistics agencies will publish their latest data on CPI (consumer price inflation). These data releases are usually considered to be high impact calendar events due to their ability to move the markets in the...
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Jul 16, 19 •
2251 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Swiss franc and Japanese yen rise in safe haven play, sterling slumps as Brexit fears stalk FX markets
The two currencies considered to be safe havens for investors and FX traders alike rose during the early trading sessions on Tuesday, as both the Swiss franc and Japanese yen registered gains versus the majority of their peers. The globe’s reserve currency,...
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Jul 16, 19 •
2417 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity markets struggle for a reason to break higher, USD makes gains but trades in narrow ranges versus its main peers
Investors and traders of USA equities struggled to discover renewed justification to push the leading indices above the recent highs during Monday’s New York session, at 19:00pm U.K. time the SPX traded down -0.10% as the NASDAQ tech-index traded up 0.04%...
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Jul 15, 19 •
3179 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Don’t ignore the evidence, part-time forex traders are the most successful
Ambition should always be tempered with reality. When curious and pro-active investors first discover retail forex trading as an initial hobby, it’s inevitable they dream of reaching for the stars. That ambition and vision shouldn’t be discouraged as...
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Jul 15, 19 •
2038 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on China’s GDP falls to a twenty-seven year record low, as USD continues to fall in correlation with rising USA equity markets
China’s year on year GDP growth came in as forecast by Reuters at 6.4%, the quarterly figure of Q2 did beat the 1.5% forecast by coming in at 1.6%, ahead of the Q1 reading of 1.4%. Analysed in isolation the Q2 figure was the lowest in 27 years, since 1992....