Market Commentaries

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

Germany’s economy posts positive economic data, trade war fears rise as USA-China meeting cancelled

After a recent raft of negative data relating to Germany has been published, combined with economic calendar readings that have missed forecasts, the German economy has finally printed metrics that beat the forecasts, perhaps alleviating concerns that the economy might fall into recession. It must be noted that German data can be impacted by seasonal […]

Germany’s economy posts positive economic data, trade war fears rise as USA-China meeting cancelled Read More »

GBP/USD whipsaws in a wide range, as optimism regarding Brexit rises and falls Equity indices slump, as global trade fears resurface

The commentary regarding Brexit has varied dramatically over recent weeks, depending on where you obtain your news. Arguably, the most accurate and unbiased coverage, comes from the financial media, where they have no axe to grind politically. It’s the economics that’s at the forefront of the opinion formers who write for: Reuters, Bloomberg and the

GBP/USD whipsaws in a wide range, as optimism regarding Brexit rises and falls Equity indices slump, as global trade fears resurface Read More »

After you’ve discovered what you think is your trading edge, you then need to sharpen up that edge.

The wide ranging subject of what is a trading edge and how you can use it to profit when trading markets, is one of the most actively discussed subjects, on many FX trading forums. A trading edge can be defined in many ways, in simple terms it’s a repeating pattern of market behaviour, which you

After you’ve discovered what you think is your trading edge, you then need to sharpen up that edge. Read More »

Kiwi dollar slumps as New Zealand’s unemployment and employment data misses forecasts, U.K. house prices crash in the month of January

NZD/USD fell sharply in late evening trade on Wednesday, the fall continued through to Thursday’s early Sydney session, with the commodity currency pair trading down 0.30% by 9:00 am U.K. time. Unemployment in New Zealand rose from 3.9% to 4.3% in the month of January, whilst the participation rate fell. The employment change fell to

Kiwi dollar slumps as New Zealand’s unemployment and employment data misses forecasts, U.K. house prices crash in the month of January Read More »

The Brexit dialogue between the E.U. and U.K. takes an unexpected turn, the U.S. trade deficit for November beats forecast, as the country becomes a net exporter of energy

Equity markets in both Europe and the USA appeared to tread water during Wednesday’s trading sessions, with all the major equity indices oscillating in tight ranges, around the daily pivot points. After breaking up through the critical psyche handle of 7,000, then breaching 7,100 over recent days, the U.K. FTSE 100 appears to be struggling

The Brexit dialogue between the E.U. and U.K. takes an unexpected turn, the U.S. trade deficit for November beats forecast, as the country becomes a net exporter of energy Read More »

Trump delivers divisive state of the union address, Germany’s factory orders surprisingly slump by -1.6%

The state of the union address is an annual event in which the USA President delivers an oratory outlining where the country is, in terms of economic performance and social cohesion. Generally regarded as an opportunity for the sitting President to humble brag, it’s also traditionally served as a method for the de facto C.E.O.

Trump delivers divisive state of the union address, Germany’s factory orders surprisingly slump by -1.6% Read More »

GPB/USD falls through a key level, as traders bet on no deal Brexit, USD rises as Trump prepared to deliver the state of the union address

Cable (GPB/USD) slumped through the key handle of 1.300 during Tuesday’s afternoon trading session, close to the 200 (DMA) daily moving average, which is a level that many institutional FX traders will use, to determine long term bullishness, or bearishness of an FX pair. The accelerant for the sell off, which saw the major pair

GPB/USD falls through a key level, as traders bet on no deal Brexit, USD rises as Trump prepared to deliver the state of the union address Read More »

Top reasons for failure in Forex trading

Understanding risk and probability and how these factors effect our trading, whilst using stops to limit traders’ risk

Trading coaches and experienced traders, will offer up various analogies and imagery for the justification of why you should always use stops when trading. For novice traders an example might be learning to ride a bike as a child; you’d start off using stabilisers until you’re proficient, competent and are hopefully on a route towards

Understanding risk and probability and how these factors effect our trading, whilst using stops to limit traders’ risk Read More »

Aussie dollar rises as cash rate is maintained at 1.5%, USD/JPY rises above 110 handle, whilst services PMIs point to a European slowdown

During the overnight Sydney trading session, the RBA (Reserve Bank of Australia) announced that the key interest rate, the cash rate, would be held at 1.5%, keeping the borrowing rate at a record low, for a record period of thirty months. The statement accompanying the decision was less dovish than expected, therefore the Aussie dollar

Aussie dollar rises as cash rate is maintained at 1.5%, USD/JPY rises above 110 handle, whilst services PMIs point to a European slowdown Read More »

U.K. FTSE 100 and DJIA maintain position above critical levels, despite poor domestic data for the USA and U.K.

In a relatively quiet day for medium to high impact news releases on Monday February 4th, the data that was published missed expectations and created doubts regarding the underlying strength of both the USA and U.K. economies. In the London trading session, the latest IHS Markit PMI for construction came in at 50.6, missing the

U.K. FTSE 100 and DJIA maintain position above critical levels, despite poor domestic data for the USA and U.K. Read More »