Market Commentaries

Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.

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 making. As a consequence of the detail, FX analysts downgraded the Kiwi and traders sold off the currency, versus […]

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. Read More »

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 their panel of economists, is for a hold of the current rate at

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. Read More »

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, suggesting that the ultra loose BOJ monetary policy the central bank have engaged

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. Read More »

How to correctly open trades?

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 automate, they trade manually as they prefer the overall sense of trading control it provides.

How can you stop yourself closing your winning FX trades too early, or too late? Read More »

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 turnout across the continent rose to 51%. The European Parliament will remain under the control of pro European parties.

Euro holds firm as populist parties fail to make gains in European elections. Read More »

Investors Bet on 20-Year Treasuries to Rebound

How to spot when investors are moving into safe haven assets and how the move can provide simple FX trading opportunities.

Traders should ensure they understand the phenomenon of risk on risk off. Often referred to as “RORO”, identifying such market condition can help traders to improve their decision making. When investor and market sentiment is high and bullish, investors take risk on. When investor and market sentiment is low and bearish, investors take risk off,

How to spot when investors are moving into safe haven assets and how the move can provide simple FX trading opportunities. Read More »

Global markets recover during the overnight and morning session on Friday after Thursday’s rout, U.S. dollar continues to slip, after interest rate cut rumours persist.

After global equity markets experienced a sell off across the board during Thursday’s trading sessions, Asian and European markets registered modest recoveries by 8:20am U.K. time on Friday, whilst USA equity market futures pointed to a positive open for the New York session. Chinese equity markets closed up; Shanghai Composite by 0.02% and the CSI

Global markets recover during the overnight and morning session on Friday after Thursday’s rout, U.S. dollar continues to slip, after interest rate cut rumours persist. Read More »

Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex

Money management, risk and probability, three of the major overlooked concepts involved in FX trading.

One discussion which many experienced and successful, independent, retail FX traders will enjoy having with other traders, involves what they would have done differently, with the benefit of hindsight? What would they have done back in the day, when they first started trading, based on the knowledge they’ve now acquired? The answers are remarkably consistent.

Money management, risk and probability, three of the major overlooked concepts involved in FX trading. Read More »

German growth rises as forecast, as consumer growth spikes, sterling continues its slump.

Consumer spending rose in Germany by 1.2% in the first quarter of 2019, German capital investment rose by 1.1%, whilst government spending fell by -0.3% in the same period. The figures painted a healthier backdrop for the German economy, that in Q3 to Q4 threatened to contract into a recession. Overall GDP growth for Q1

German growth rises as forecast, as consumer growth spikes, sterling continues its slump. Read More »

FX markets are mostly reactive and not predictive, therefore, FX traders must remain vigilant to breaking news events at all times.

It’s often stated that FX markets are random, however, this claim is generally misunderstood. FX markets respond to economic data and calendar releases, they also react to breaking political developments and economic news, not necessarily listed on the economic calendar. This isn’t random behaviour, in fact it’s highly predictable on many levels. For example; if

FX markets are mostly reactive and not predictive, therefore, FX traders must remain vigilant to breaking news events at all times. Read More »