Market Commentaries

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

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 improved data has rested fears that any impact of the China v USA trade

Kiwi dollar rises as N.Z. trade balance improves, WTI falls, analysts await latest USA GDP growth figures. Read More »

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%, registering no change from the level recorded for Q4 2018.

The latest GDP growth rate for the USA could cause movement in the value of USD. Read More »

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 policy, however, its belief that it has targeted and is confident, that

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. Read More »

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 in articles, or on trading forums. Only the occasional, fleeting reference, is

What is volatility, how can you adjust your trading strategy to it and how can it impact on your trading results? Read More »

Aussie dollar crashes versus its peers, as inflation falls significantly, German IFO metrics miss the forecasts, adding to fears that Germany could be entering recession.

The Aussie dollar slumped during the Sydney-Asian trading session, analysts quickly attributed the fall based on inflation coming in below expectations at 1.3% year on year in March, falling from 1.8%, as Q1 CPI came in at 0.00%. The falling CPI metric is an indication of weak growth, therefore, the RBA, Australia’s central bank, are

Aussie dollar crashes versus its peers, as inflation falls significantly, German IFO metrics miss the forecasts, adding to fears that Germany could be entering recession. Read More »

Success in retail FX trading is relative and has to be personal.

Judging what represents success in retail trading is a highly subjective issue, as all traders are individuals, none think alike and all have different reasons and motivation for trading. One trader’s version of what represents personal success, could be another’s version of failure. All traders have ambitions and targets and all traders decided to engage

Success in retail FX trading is relative and has to be personal. Read More »

Canada’s interest rate decision, could determine the course of direction for the Canadian dollar, over the short term.

At 15:00pm U.K. time, on Wednesday April 24th, the central bank of Canada, the BOC, will announce its latest decision, regarding the Canadian economy’s key interest rates. The widely held consensus, after both Bloomberg and Reuters news agencies have polled their panels of economists, is for a hold of the benchmark rate at 1.75%, for

Canada’s interest rate decision, could determine the course of direction for the Canadian dollar, over the short term. Read More »

U.S. dollar rises versus the majority of its peers, WTI continues its rise based on Iranian purchase sanctions, gold sells off sharply, Chinese equity markets slip.

As global equity and FX markets were restored to full activity, after the prolonged Easter bank holiday break, USD recorded solid gains versus the majority of its peers, during the Asian and early part of the London-European trading sessions. At 8:15am U.K. time, on Tuesday April 23rd, the basket of USD currency values referred to

U.S. dollar rises versus the majority of its peers, WTI continues its rise based on Iranian purchase sanctions, gold sells off sharply, Chinese equity markets slip. Read More »

WTI oil rises as USA threatens sanctions versus Iran’s importers

Several FX and equity markets remained closed on Monday, during the extended Easter bank holiday weekend; Australia, Hong Kong and many of the major countries in Europe, were/are closed during Monday for the Easter holiday. Currency trading will continue globally, but the volume is expected to be extremely light. Therefore, traders who are determined to

WTI oil rises as USA threatens sanctions versus Iran’s importers Read More »