Market Commentaries

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

China’s GDP rises as stimulus begins to take effect, Aussie dollar rises as a consequence, WTI oil prints fresh 2019 high, as analysts believe global demand will now grow.

China posted a year on year, first quarter GDP growth figure, of 6.4% during the Asian session, marginally beating several forecasts of 6.3% growth, whilst maintaining the growth figure of 6.4% registered in Q4 2018. The result calmed investor fears that China had suffered a deep and long term economic impact, due to the tariffs […]

China’s GDP rises as stimulus begins to take effect, Aussie dollar rises as a consequence, WTI oil prints fresh 2019 high, as analysts believe global demand will now grow. Read More »

Chinese data, CPI data from the: U.K. E.Z. and Canada, USA trade balance, could cause FX markets to experience increased volatility during Wednesday’s trading sessions.

Wednesday April 17th is an extremely busy day for economic calendar news and events, many of which have the power to move the FX and equity markets. Therefore, FX traders need to remain vigilant throughout the day, in order to manage their current positions and to ensure they’re positioned to take advantage of any developments.

Chinese data, CPI data from the: U.K. E.Z. and Canada, USA trade balance, could cause FX markets to experience increased volatility during Wednesday’s trading sessions. Read More »

Aussie dollar falls after RBA publishes dovish minutes, U.S. dollar gives up Asian session gains, as London trading session opens, euro falls as ZEW data is published.

The Aussie dollar fell versus several of its peers during the Sydney-Aussie trading session, as the central bank of Australia, the RBA, revealed in its minutes that it was quite prepared to lower interest rates, below the current record low of 1.5%, in an attempt to stimulate growth by way of a loose monetary policy,

Aussie dollar falls after RBA publishes dovish minutes, U.S. dollar gives up Asian session gains, as London trading session opens, euro falls as ZEW data is published. Read More »

Why Choose MetaTrader 4 as Your Trading Platform

Can retail FX traders scalp, using STP-ECN access and MetaTrader platforms?

The definition of what the concept of scalping represents, has altered substantially over recent years. To many old school traders (who can still recall when internet based trading was born) scalping means; searching for a profit equivalent to more than the spread cost. For example; if the spread on GBP/USD was circa 2-3 pips, you’d

Can retail FX traders scalp, using STP-ECN access and MetaTrader platforms? Read More »

Yen falls to a 2019 low versus USD, during the Asian trading session, long term speculators increase net long positions in USD, to levels not seen since 2015.

A combination of the Spring meeting between the IMF and World Bank, the benign FOMC minutes, a potential breakthrough in the China-USA trade talks and various economic calendar data, suggesting the USA economy is on course to match earlier bullish forecasts, might have caused a risk on environment to develop in equity markets over recent

Yen falls to a 2019 low versus USD, during the Asian trading session, long term speculators increase net long positions in USD, to levels not seen since 2015. Read More »

Chinese exports and China’s trade balance make a significant recovery year on year in March, EUR/USD rises to a three week high.

The latest Chinese export and import figures were published late in the Asian trading session, just before the London-European session prepared to open. Exports out of China have risen by 14.2% year on year up to March, beating the Reuters expectation of 6.5%, whilst marking a significant recovery, above the -20.8% reading recorded in February.

Chinese exports and China’s trade balance make a significant recovery year on year in March, EUR/USD rises to a three week high. Read More »

If you’re planning to quit retail FX trading, you might want to read this article before you finally give up.

It’s worth starting at the end of the article title, as none of us like to simply “give up”. There’s something about: quitting, walking away, surrendering, that should never fit comfortably with you psyche. Imagine for a moment, if you gave up easily on other pursuits, you’d never achieve anything. We persevere at difficult tasks

If you’re planning to quit retail FX trading, you might want to read this article before you finally give up. Read More »

Inflation rises in China, raising hopes that growth may be recovering, U.K. gets another Brexit extension.

China’s year on year CPI figure came in right on forecast, at 2.3% up to March, rising from 1.5% in February. Analysts immediately began to ponder if the globe’s second largest economy, might be entering a recovery mode, after its most recent GDP figures have indicated a slowdown in growth. That reduction in commerce, could

Inflation rises in China, raising hopes that growth may be recovering, U.K. gets another Brexit extension. Read More »

A Guide to Determining Position Size When Trading Forex

Is skill an overrated concept when discussing and trading FX?

As an FX trader, what do you think of when you consider the word “skill”? You may think of a sportsman, or woman with exceptional skills. Perhaps you’d conjure up thoughts of world class tennis players such as; Serena Williams, or Roger Federer. Or footballers such as; Lionel Messi and Ronaldo. Or maybe you’d think

Is skill an overrated concept when discussing and trading FX? Read More »

Focus turns to central bank committee decision making, as the ECB reveals its latest interest rate decision and the FOMC/Fed publishes its minutes from its March meeting.

On Wednesday afternoon, the value of sterling will come under intense focus and increased speculation, as an emergency E.U. summit decides what extension they’re prepared to offer the U.K. in order for the country to delay its exit from the European Union, which is currently scheduled for Friday April 12th. The widely held consensus is

Focus turns to central bank committee decision making, as the ECB reveals its latest interest rate decision and the FOMC/Fed publishes its minutes from its March meeting. Read More »