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Forex Traders News

Latest live Forex News World-Wide helping you keep up to date

British pound gives back gains on Carney’s comments Daily Forex Market Preview, 01/07/2016 The British pound fell yesterday evening sharply after comments of rate cuts and QE from BoE’s Carney. The euro also came under pressure giving back some of the gains made from earlier this week. The markets remain…
Technical Analysis AUDUSD 30-06-2016 by IFC Markets   Trend may reverse The Australian dollar is rebounding after a steep decline following the jump in risk aversion spurred by Brexit. The Reserve Bank of Australia didn’t cut the interest at its June 7 policy meeting, stating strong domestic demand drove economy’s…
GOLD Technical Analysis 30-06-2016 by PaxForex GOLD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 1200 points   Source: www.paxforex.com
Dollar slips against peers for the second day Daily Forex Market Preview, 30/06/2016 The US dollar gave up some of its gains for the second day yesterday as the markets continue to recover the Brexit led declines. The economic calendar today is busy with the UK's final GDP revision, but…
Global markets advance as Brexit concerns recede 29-06-2016 by IFC Markets   US stocks rebounded on Tuesday recovering some of the steep losses after the Brexit shock. The dollar weakened as euro and British Pound recorded first gains after Brexit vote: the live dollar index data indicate the ICE US…
USDCHF Technical Analysis 29-06-2016 by PaxForex   USDCHF - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 90 points   Source: www.paxforex.com
EUR & GBP stage a recovery. Follow through required Daily Forex Market Preview, 29/06/2016 The euro and the British pound posted a modest recovery yesterday while the yen weakened against the dollar following two days of intense selling. Without a follow through here, the recovery is likely to be short…
Tuesday, 28 June 2016 12:22

US GDP data on tap today

US GDP data on tap today Daily Forex Market Preview, 28/06/2016 The US dollar was showing signs of weakness as the markets start to price in a Fed rate cut by September. This change in view saw the euro posting a modest recovery having established support at 1.10. Gold prices…
Brexit catches markets by surprise 27-06-2016 by IFC Markets   US stocks recorded biggest one day drop in ten months on Friday as Britain voted to leave the European Union. The dollar strengthened considerably supported by increased haven demand while euro and British Pound slumped: the live dollar index data…
USDCAD Technical Analysis 27-06-2016 by PaxForex USDCAD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 90 points   Source: www.paxforex.com
Economic Events This Week 27-06-2016 by xCFD The key economic reports this week are the third estimate of Q1 GDP,  May personal income and outlays, June vehicle sales, the June ISM manufacturing, and Case-Shiller House prices.Monday, June 27th10:30 AM ET:Dallas Fed Survey of Manufacturing Activity for June.Tuesday, June 28th8:30 AM…
Monday, 27 June 2016 14:34

Follow through from Friday likely

Follow through from Friday likely Daily Forex Market Preview, 27/06/2016   The markets gapped lower this morning with the sterling in the eye of the storm. With the UK plunging into political uncertainty with many questions and few answers, the markets are bearing the brunt. Gold prices remain poised to…
Wave analysis and forecast for 24.06.2016 – 01.07.2016 by Lite Forex   EUR/USD: Wave analysis and forecast for 24.06 – 01.07: The pair is likely to grow. Estimated pivot point is at the level of 1.09. Our opinion: Buy the pair from correction above the level of 1.09 with the…
Brexit Fallout: US dollar likely to emerge the winner   A rising dollar once again! Would that be good or bad for the US economy? As Britain voted on June 23rd to part ways with the EU, besides the yen and the gold safe havens, the US dollar also emerged…
Friday, 24 June 2016 14:39

Brexit shock 24-06-2016 by IFC Markets

Brexit shock 24-06-2016 by IFC Markets US stocks were on the rise on Thursday as investors were almost sure Britain will remain in EU. Moreover, the strong US jobless claims and factory data showed the US economy was strengthening. S&P 500 index rose 1.34% to 2,113.32. Its financial sector was…

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