Forex Traders News
Latest live Forex News World-Wide helping you keep up to date
Thursday, 14 July 2016 16:46
The Bullet Report: Bank of England To Cut Rates today? GBPUSD in focus once again 14-07-2016 by Easyforex
The Bullet Report: Bank of England To Cut Rates today? GBPUSD in focus once again 14-07-2016 by Easyforex (Forex.info) BoE rate decision will be the main focus of the day. The central bank is expected to cut interest rate for the first time since 2009 to cushion the…
Thursday, 14 July 2016 15:44
EURAUD Technical Analysis 14-07-2016 by PaxForex
EURAUD Technical Analysis 14-07-2016 by PaxForex EURAUD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 200 points Source: www.paxforex.com
Thursday, 14 July 2016 09:38
BoE weighs on GBP. EURUSD could pop to 1.120
BoE weighs on GBP. EURUSD could pop to 1.120 Daily Forex Market Preview, 14/07/2016 The British pound is likely to come under pressure today as the Bank of England is expected to cut interest rates by 25bps, a close call which could go either way. GBPUSD remains supported above 1.30…
Wednesday, 13 July 2016 12:36
EURNZD Technical Analysis 13-07-2016 by PaxForex
EURNZD Technical Analysis 13-07-2016 by PaxForex EURNZD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 110 points Source: www.paxforex.com
Wednesday, 13 July 2016 12:24
Record sugar crops expected in US 13-07-2016 by IFC Markets
Record sugar crops expected in US 13-07-2016 by IFC Markets USDA released its monthly World agricultural supply and demand estimates report (WASDE) where it forecasts production of sugar in US will be 3% higher than in 2014/15 season and 3.5% higher than in 2016/17 season. At the same time…
Wednesday, 13 July 2016 12:06
US dollar expected to trade within 102 - 105
US dollar expected to trade within 102 - 105 Daily Forex Market Preview, 13/07/2016 GBPUSD and the USDJPY rallied yesterday, breaching $1.32 and 104Yen respectively as noted in yesterday’s commentary. Price action is likely to pause in the near term as investors wait for more clues. USDJPY is seen trading…
Tuesday, 12 July 2016 08:10
AUDUSD On Track to Recover Full Brexit Losses
AUDUSD On Track to Recover Full Brexit Losses Resistance Support 0.7612 0.7544 0.7641 0.7470 0.7700 0.7409 The AUDUSD forex pair has been on an uptrend, recovering almost all losses after “Brexit” vote. Now is heading towards resistance at 0.7641 which is the highest since May 2016. Upbeat data…
Tuesday, 12 July 2016 07:54
GBPUSD moving closer to test 1.32. USDJPY aiming for 104
GBPUSD moving closer to test 1.32. USDJPY aiming for 104 Daily Forex Market Preview, 12/07/2016 Political developments in Japan and the UK saw the respective currencies react in the positive. While the GBP managed to close bullish on news that Theresa May is likely to be the new PM, the…
Monday, 11 July 2016 13:11
Non-Farm Payrolls Passed, BOE Eyed for Possible Rate Cut
Non-Farm Payrolls Passed, BOE Eyed for Possible Rate Cut The Non-Farm Payrolls report surprised everybody the previous week and jumped to 287K for June, up from previous sluggish figure at 11K employment increase in May. Nevertheless, the unemployment rate increased from 4.7% to 4.9%. The US Stocks took the…
Monday, 11 July 2016 10:08
Bond guru Gundlach: 80% chance of making 10% in gold
Bond guru Gundlach: 80% chance of making 10% in gold Bond guru and head of DoubleLine Capital gave an interview with Barrons over the weekend. Sharing his thoughts on a variety of factors ranging from the Brexit fallout to the upcoming US elections, Gundlach maintained his views that gold…
Monday, 11 July 2016 09:40
Daily Morning Report 11.07.2016 by Traders Trust
Daily Morning Report 11.07.2016 by Traders Trust The yen weakened further and the Aussie reversed course posted mild gains in Asia on Monday as an expanded majority in Japan’s upper house of parliament by the Shinzo Abe-led government vowing more economic stimulus and a return to power by Australia’s Prime…
Monday, 11 July 2016 09:39
Forecast for the Day 11-07-2016 by PCM Brokers
Forecast for the Day 11-07-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.12324 1.11760 1.11134 1.10570 1.09944 1.09380 1.08754 GBPUSD 1.31525 1.30854 1.30138 1.29467 1.28751 1.28080 1.27364 USDJPY 102.440 101.853 101.152 100.565 99.864 99.277 98.576 USDCAD 1.31934 1.31414 1.30901…
Monday, 11 July 2016 09:30
Technical Analysis USDCHF 11-07-2016 by IFC Markets
Technical Analysis USDCHF 11-07-2016 by IFC Markets Rates divergence affects exchange rate US dollar hit a fresh 5-week high against the Swiss franc on Friday on strong US labour market data for June. The US Non-farm Payrolls were the highest since last October having surpassed by far all expectations…
Monday, 11 July 2016 08:50
GBPUSD could retrace to 1.32 ahead of an important week
GBPUSD could retrace to 1.32 ahead of an important week Daily Forex Market Preview, 11/07/2016 GBPUSD is likely to see a retracement back to 1.32 level ahead of the inflation report hearing and the BoE meeting this week. The falling wedge pattern on the 4-hour chart is indicative of a…
Sunday, 10 July 2016 14:40
British pound, officially the world's weakest currency
British pound, officially the world's weakest currency The surprise Brexit referendum results sent the British pound weaker. Just two weeks after the UK voted to part ways with the EU, the pound sterling has set quite a few records, most notably, the Great British pound becoming the weakest currency in…
