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May 29, 19 •
2297 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 •
2367 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 •
2290 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 •
2623 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 •
2175 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 •
2094 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 •
3091 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...
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May 28, 19 •
2407 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. dollar trades up in thin trading conditions, euro trades mostly flat after populists fail to make significant gains in the European elections.
Volatility and liquidity were lower in the FX markets during Monday’s trading sessions, as the U.K. and USA enjoyed one day public holidays and no high impact calendar events were published. President Trump also took the weekend off from his usual activity,...
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May 27, 19 •
2415 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Euro holds firm as populist parties fail to make gains in European elections.
Despite various polls and mainstream media sources, predicting massive gains for extreme right wing parties in the European elections, the social democrats, liberals and conservatives, held their ground. The populist movements recorded scant gains, as voter...
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May 27, 19 •
2836 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on The latest GDP figures for the U.S.A. will be published during the week, Canada’s GDP is also revealed as is the Bank of Canada’s interest rate decision.
Forex and equity market trading will be thin at the start of the week, as Monday is a bank holiday in the U.K. and the USA recognises Memorial Day; a federal holiday in the United States, for remembering and honouring people who have died while serving in the...