Happy Friday, unless you're a Democratic Presidential candidate and the knives are coming from all directions. It will be interesting to see where this is going because the status quo doesn't look tenable.The market is going to have to deal with that but here's a...
ForexLive European FX news wrap: Currencies lightly changed awaiting US PCE
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Fed’s Barkin: I don’t think forward guidance is particularly helpful right now
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BDSwiss Collects Two Prestigious Awards at UF AWARDS Global 2024
BDSwiss continues to take 2024 by storm, with the brokerage once again standing out from the competition thanks to another successful performance, this time at UF AWARDS Global 2024.The company picked up two prestigious trophies, receiving the “Best Research and...
GBPUSD Technical Analysis – The bearish momentum seems to be fading
Fundamental OverviewThe USD continues to be backed by good economic data as we have also seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Yesterday, we also got the US Jobless Claims figures where the data showed that the...
ECB’s Villeroy: Disinflation process is on track
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
EURUSD Technical Analysis – The consolidation continues
Fundamental OverviewThe USD continues to be backed by good economic data as we have also seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Yesterday, we also got the US Jobless Claims figures where the data showed that the...
Fed’s Barkin: Policy tightening will eventually slow the economy further
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
How to use fundamentals to trade forex
In this post, I wanted to give a recent example on how to select the best forex pairs to trade. This is an important topic which is not talked about often enough in the retail trading industry.As I explained already in a previous post, when you trade forex, you want...
Major currencies move back to little changed on the day
Dollar pairs are sitting near flattish levels on the day now, and that includes USD/JPY too. The pair was up earlier at around 161.00 but is now trading back to flat levels around 160.75 on the day. Other dollar pairs are also not doing a whole lot, with EUR/USD and...
Italy June preliminary CPI +0.8% vs +1.0% y/y expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
EBC Financial Group Wins “Most Trusted FX Broker” and “Best CFD Broker” Awards
EBC Financial Group (EBC) is proud to announce that it has been honoured with two prestigious awards at the World Finance Awards 2024: Most Trusted FX Broker and Best CFD Broker. These accolades reflect EBC’s unwavering commitment to transparency, regulatory...
Germany June unemployment change 19k vs 15k expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Gold Technical Analysis – The rangebound price action continues
Fundamental OverviewThis was a messy week for many markets, including gold. After some up and downs, we are ending the week basically flat. There was no real change in the fundamentals this week as the data just showed some more rebalancing in the US labour market but...
Japan chief Cabinet secretary says closely watching FX moves
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
French stocks lag as the session gets underway
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Switzerland June KOF leading indicator index 102.7 vs 101.0 expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Spain June preliminary CPI +3.4% vs +3.3% y/y expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
France June preliminary CPI +2.1% vs +2.3% prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Latest poll sees Le Pen’s faction winning 37% of votes in first round of French election
Compared to the last publication of the poll, National Rally is now seen winning as much as 37% of the popular vote. That is up 2% from previously. Meanwhile, Macron's Together ensemble is seen garnering just 20% of the vote - down 2% from previously.As an aside, just...