Market Commentaries

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

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 »

Oil surge causes commodity currencies to rise at the expense of USD, GBP rises versus peers as analysts believe Brexit date will be extended.

The value of the U.S. dollar has been hit by two factors, during trading over recent sessions; the overall risk on market mood, as a consequence of a potential favourable outcome in the China-USA trade talks, combined with the rise in the value of oil and consequently commodity currencies, has caused the greenback to slip

Oil surge causes commodity currencies to rise at the expense of USD, GBP rises versus peers as analysts believe Brexit date will be extended. Read More »

Yen rises in Sydney-Asian trading sessions, as current account balance improves, euro trades in narrow range as German data misses forecasts, oil spikes due to Libyan crisis

During the early hours trading sessions, Japan’s yen rose versus the majority of its peers as the latest current account balance figures rose, the latest trade balance reading fell, whilst consumer confidence and the Eco Watchers survey readings, also fell in March. Overall, the cumulative data proved to be bullish for yen, whilst the Aussie

Yen rises in Sydney-Asian trading sessions, as current account balance improves, euro trades in narrow range as German data misses forecasts, oil spikes due to Libyan crisis Read More »

FX traders will focus on U.K. GDP, FOMC minutes, ECB interest rate decision, USA CPI and Chinese data, during a busy and pivotal week for economic calendar events

The economic calendar week begins on Monday with the latest data from Germany covering: export, imports, the current account and trade balance. The latest export and import data will be closely monitored due to Germany’s latest disappointing economic data, for example; factory orders, falling by circa -8.3% year on year, suggesting that Europe’s engine of

FX traders will focus on U.K. GDP, FOMC minutes, ECB interest rate decision, USA CPI and Chinese data, during a busy and pivotal week for economic calendar events Read More »

Focus turns to USA employment and unemployment data on Friday, as the latest NFP data is published, optimism rises over China-USA trade deal

FX analysts and traders will begin to concentrate on the latest NFP data from the USA, due to be published at 13:30pm U.K. time. The prediction from Reuters, is for the number to come in at 180k for March, which would represent a significant increase on the 20k rise in NFP jobs created in February.

Focus turns to USA employment and unemployment data on Friday, as the latest NFP data is published, optimism rises over China-USA trade deal Read More »

Euro slips as shock German factory data is published, sterling slumps as Brexit impasse remains, Trump broadcasts positive update on China-USA trade talks

The euro slipped versus the U.S. dollar during Thursday’s trading sessions, as Germany’s factory data published in the morning session, came in at the worst level seen in over two years; down -8.4% year on year. Despite the shock reading, the fall in EUR/USD was marginal; at 21:50pm U.K. time, the most traded, major currency

Euro slips as shock German factory data is published, sterling slumps as Brexit impasse remains, Trump broadcasts positive update on China-USA trade talks Read More »