Market Commentaries

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

Sterling rises versus peers as U.K. looks to delay Brexit, focus turns to the Fed chair Jerome Powell as he prepares to testify in front of the Senate

The U.K. pound rose versus the majority of its peers from late Monday evening until Tuesday morning’s London-European trading session, as rumours circulated regarding a volte-face by the U.K. prime minister. The rumours were two fold, firstly; that Mrs. May had decided to support a delay in Brexit of two months, based on the U.K. […]

Sterling rises versus peers as U.K. looks to delay Brexit, focus turns to the Fed chair Jerome Powell as he prepares to testify in front of the Senate Read More »

Oil slumps, USA indices continue the China trade rally, yen slips, U.K. Labour Party calls for second referendum vote

Risk on appetite returned to the global markets on Monday, after President Trump agreed to postpone the March 1st deadline, as the introduction date for 25% tariffs, on $200b of Chinese imports. After Chinese markets closed up between 5.5-6.5% on Monday, European equity indices failed to follow Asia’s extreme bullish lead, the FTSE closed up

Oil slumps, USA indices continue the China trade rally, yen slips, U.K. Labour Party calls for second referendum vote Read More »

Sterling under focus as talks of Brexit delays heighten, Chinese equity markets rally on news Trump has postponed tariffs

Chinese equity market indices, printed fresh yearly highs across the board, during the Sydney-Asian trading sessions, as news that the Trump administration had postponed the 25% tariffs on Chinese imports, filtered through to investors. The Shanghai Composite closed the session up 5.60% and the CSI closed up 6.4%, taking the year to date gains in

Sterling under focus as talks of Brexit delays heighten, Chinese equity markets rally on news Trump has postponed tariffs Read More »

Resolutions to the issues of Brexit and the China-USA trade wars were anticipated this week, but investors’ hopes may be left hanging

Several global political issues, which are having a demonstrable impact on the global economy, could reach their nadirs, during the trading week beginning Sunday February 24th. Namely; Brexit and the China-USA trade/tariff talks. Friday March 1st is the date the Trump administration has previously set as its tariff deadline. Unless an agreement is reached by

Resolutions to the issues of Brexit and the China-USA trade wars were anticipated this week, but investors’ hopes may be left hanging Read More »

Aussie dollar stabilises, U.S. dollar trades in narrow ranges after Thursday’s soft data, sterling susceptible to breaking Brexit news on an daily basis

After plunging by over one percent versus several of its peers during Thursday’s trading sessions, due to certain Chinese ports locking out the delivery of Australia’s coal, the Aussie dollar appeared to have found a capped, sell off level, during the Sydney and Asian session. At 8:50am U.K. time, AUD/USD traded close to flat at

Aussie dollar stabilises, U.S. dollar trades in narrow ranges after Thursday’s soft data, sterling susceptible to breaking Brexit news on an daily basis Read More »

Aussie dollar continues its plunge after Chinese port lockouts, sterling whipsaws in tight ranges as Brexit begins to get critical

The Aussie dollar crashed in value versus its peers during the Sydney and Asian trading sessions, after certain Chinese port authorities began to refuse the entry of Australia’s coal into China. Other than iron ore, coal is Australia’s largest export product, mainly shipped to China and then throughout Asia. Both minerals have provided the foundations

Aussie dollar continues its plunge after Chinese port lockouts, sterling whipsaws in tight ranges as Brexit begins to get critical Read More »

Aussie and Kiwi dollars slump during Asian trading session, sterling strengthens after chancellor Hammond’s comments

In the Sydney trading session the Aussie dollar initially rose versus its main peers, as the latest positive jobs and unemployment data was released. The unemployment rate remained at 5%, the economy added double the amount of jobs forecast at 31.9k, whilst the labour participation rate also grew. As the data was published AUD currency

Aussie and Kiwi dollars slump during Asian trading session, sterling strengthens after chancellor Hammond’s comments Read More »

Five Facts about White Labeling in Forex Trading

U.S. dollar rises after FOMC minutes are published, sterling comes under scrutiny as Tory MPs resign

The U.S. dollar rose versus yen during the latter part of the New York session, after the minutes of the FOMC January rate setting and monetary policy meeting were published. The overall consensus, reached by the FX analyst community after the publication was broadcast, concluded that the minutes were not dovish, perhaps leaning towards a

U.S. dollar rises after FOMC minutes are published, sterling comes under scrutiny as Tory MPs resign Read More »

Thursday February 21st is a busy day for calendar events, which FX traders should carefully monitor

After a relatively quiet period for medium to high impact calendar events over recent days, Thursday 21st of February will witness many significant publications being released. Releases that could move the markets in the currencies the data relates to. Particularly if the figures miss, or beat the news agencies’ published forecasts. The series of releases

Thursday February 21st is a busy day for calendar events, which FX traders should carefully monitor Read More »

Yen falls as Japan’s exports collapse, the balance of trade deficit also worsens, U.S. dollar struggles for direction, as FX traders await the FOMC minutes

As the second/third largest manufacturer on the planet and arguably number one in terms of practical, high end manufacturing, Japan’s manufacturing and export data is often regarded as a measure, to gauge the overall health of the global economy. During Wednesday’s Asian trading session, the latest export and import data was published for the Japanese

Yen falls as Japan’s exports collapse, the balance of trade deficit also worsens, U.S. dollar struggles for direction, as FX traders await the FOMC minutes Read More »