Market Commentaries

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

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

Forex Trading and Miscellaneous, Market Commentaries

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%

Forex Trading and Miscellaneous, Market Commentaries

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

Forex Trading and Miscellaneous, Market Commentaries

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

Forex Trading and Miscellaneous, Market Commentaries

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

Forex Trading and Miscellaneous, Market Commentaries

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.

Forex Trading and Miscellaneous, Market Commentaries

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 »

U.K. FTSE 100 reaches 7,000 in morning trading, Aussie dollar slips as building data disappoints the markets

Forex Trading and Miscellaneous, Market Analysis, Market Commentaries

The leading U.K. index the FTSE 100, breached the critical psyche level and handle of 7,000 during the early part of the London session to reach 7,040, a level not seen since early December 2018. During 2018 the index threatened to break through the 8,000 level for the first time in its history, after reaching

U.K. FTSE 100 reaches 7,000 in morning trading, Aussie dollar slips as building data disappoints the markets Read More »

FX traders remain focused on sterling, as the Brexit debate returns to Parliament this week.

Market Commentaries

Sterling has come under increasingly sharp focus recently, as the U.K.’s divorce from the European Union approaches; scheduled for March 29th 2019. The FX market is often referred to as “reactive”, as opposed to “predictive” and that description appears to have been sustained, by the increased value of sterling versus its main peers, over recent

FX traders remain focused on sterling, as the Brexit debate returns to Parliament this week. Read More »

Equities Market Review

Market Commentaries

Following the scheme of the prior weeks, the week was a mixed bag for the world markets on our weekly watch list. It saw half posted gains, half losses and an epitome of optimism. Starting with the American markets, stocks rose on a weekly basis as US companies reported better than expected results. However, it

Equities Market Review Read More »