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Apr 29, 19 •
2185 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on GDP readings for the Eurozone and Canada could impact on both EUR and CAD, as the data is published on Tuesday.
On Tuesday April 30th, the latest GDP readings for both the Eurozone and Canada will be published. The latest GDP growth reading for for E.Z. will be published at 10:00am U.K. time, both Reuters and Bloomberg forecast an unchanged figure of 1.1% for year on...
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Apr 29, 19 •
1895 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Asian trading slows as Japan enters extended holiday, currency pairs trade in tight ranges as FX markets await first tranche of economic calendar data in a busy week.
Japanese markets will be mostly shut during an extended ten day holiday period, to honour the ascension of a new emperor. Therefore, trading in yen may be reduced as liquidity and volatility recedes. FX traders who favour trading yen, should note this factor...
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Apr 29, 19 •
2552 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Central bank interest rate decisions and the latest NFP jobs number, are the outstanding high impact events during the week.
The week’s significant economic calendar events begins on Monday April 29th, with a speech delivered by the Bank of England Governor Mark Carney, at 9:10am U.K. time in London. He’ll most likely cover the fact that U.K. GDP is holding up well, combined...
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Apr 26, 19 •
4378 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on If you’re an FX trader, do you really understand the Game?
What is the FX market, what’s it for, who benefits, how can you trade it, how can you attempt to profit from it? If you converse with other FX traders, either face to face or online, you quickly begin to realise that the vast majority of retail traders have...
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Apr 26, 19 •
4256 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Kiwi dollar rises as N.Z. trade balance improves, WTI falls, analysts await latest USA GDP growth figures.
The kiwi rose versus several peers during the Sydney-Asian trading session, after the latest import and export figures for New Zealand led to a significant improvement in the balance of trade. In an economy reliant on its exporting and production, the...
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Apr 26, 19 •
3656 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on USA equity markets whipsaw in wider ranges, as certain data and earnings miss forecasts, JPY maintains gains based on BOJ economic outlook.
Markets for equities in the USA experienced unusual price action, during Thursday’s New York session, as price action for the: DJIA, SPX and NASDAQ whipsawed in wide ranges, oscillating between bullish and bearish sentiment, as earnings for various...
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Apr 25, 19 •
4904 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on The latest GDP growth rate for the USA could cause movement in the value of USD.
At 13:30pm, on Friday April 26th, the latest GDP growth data, relating to the USA economy, will be published. The annualised quarter on quarter figure, for the first quarter of 2019, is forecast by agencies such as Bloomberg and Reuters, to come in at 2.2%,...
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Apr 25, 19 •
3256 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Yen rises versus the majority of peers, as BOJ keeps key interest rate at -0.1%, U.S. dollar maintains recent heights, as FX traders turn their focus to Friday’s GDP data.
The Bank of Japan has kept the interest rate at -0.1%, yen rose shortly after the announcement and during the broadcast of the BOJ monetary policy statement and the publication of their outlook report. The BOJ recommitted to its current, ultra loose, monetary...
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Apr 25, 19 •
3163 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Australasian dollars slump, U.S. dollar rises, U.S. equities slip from record highs.
The Aussie dollar immediately slumped versus the U.S. dollar, during Wednesday’s Sydney-Asian trading session. The CPI reading (year on year) up to March came in at 1.3%, falling from 1.8%, dampening any expectation that the RBA central bank would be...
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Apr 24, 19 •
3420 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on What is volatility, how can you adjust your trading strategy to it and how can it impact on your trading results?
It’s hardly surprising that the majority of retail FX traders, fail to acknowledge the impact volatility can have on their trading outcomes. The subject, as a phenomenon and the direct impact it can have on your bottom line, is hardly ever fully discussed...