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,...
GBPUSD Technical Analysis – The greenback soars on Trump’s victory
Fundamental OverviewThe US Dollar rallied across the board yesterday as Trump got elected President of the US. The Republicans won also the Senate and the House giving us a red sweep and therefore high chances of tax cuts.This should be the most bullish scenario for...
The Benefits of Accepting Crypto Payments for Forex Brokers
Cryptocurrency payments have made financial transactions faster and safer. Forex brokers that integrate a cryptocurrency payment gateway can provide these advantages and more for their users. Crypto payment integration results in real-time transaction settlement,...
Dukascopy Bank Celebrates 20 Years of Innovation and Stability in Trading and Banking
Since its founding in 2004, Dukascopy has grown into a trusted, innovative leader in the fintech and online trading space, providing clients with advanced tools and a stable platform for smart financial decisions.Over the past 20 years, Dukascopy has reached major...
Who stands to gain from the rise of AI?
Last week, the tech giants — Apple, Amazon, Alphabet, Microsoft, and Meta — released their quarterly reports, which showed steady revenue and profit growth across the board, pretty much in line with previous ones.However, except for the results of Jeff Bezos’ company...
Deutsche Bank now sees base case for ECB terminal rate forecast at 1.50%
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 US Dollar celebrates the Trump’s victory
Fundamental OverviewThe US Dollar rallied across the board yesterday as Trump got elected President of the US. The Republicans won also the Senate and the House giving us a red sweep and therefore high chances of tax cuts.This should be the most bullish scenario for...
Germany October construction PMI 40.2 vs 41.7 prior
German construction activity slumped further in October, with both activity and new orders declining at a quicker pace. Adding to that is another notable round of retrenchment, highlighting rougher employment conditions. All main sectors showed a decline in activity,...
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European equities mostly a little higher at the open today
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,...
Germany September industrial production -2.5% vs -1.0% m/m 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,...
Germany September trade balance €17.0 billion vs €20.9 billion 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,...
Halifax October house prices +0.2% vs +0.2% m/m expected
Prior +0.3%House prices in the UK nudged higher again, keeping the positive momentum in recent months. Halifax notes that:“That house prices have reached these heights again in the current economic climate may come as a surprise to many, but perhaps more noteworthy is...
Fed to cut interest rates at a quarterly pace after December – JP Morgan
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,...
Central banks are back on the agenda today
It's been a while but finally we can reuse the picture above again. Good times. With all the focus on the US election this week, let's not forget that we also do have key central bank policy decisions to work through. And that will come via the BOE and Fed later...
FX option expiries for 7 November 10am New York cut
There are a couple to take note of, as highlighted in bold.They are both for EUR/USD at the 1.0725 and 1.0775 levels. To some degree, the expiries might just lock price action in between these levels but it's all about post-election sentiment now. And momentum flows...
Dollar gains cool off for the time being
The greenback is seeing some light retracements across the board today, though the antipodeans are posting a solid rebound so far on the day. AUD/USD is up 0.8% to 0.6620 and is moving closer back towards a test of its 200-day moving average (blue line) of...
PBOC governor Pan says will continue to implement supportive monetary policy
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ForexLive Asia-Pacific FX news wrap: Some USD losses: AUD, NZD, CAD, GBP all gain
USD/JPY tumblingChina Airlines close to split order for 20 passenger jets between Airbus and Boeing.There is a deluge of European Central Bank speakers Thursday - Lane (3 spots!), SchnabelAUD and NZD continue to retrace yesterday's lossesChina October dollar...
USD/JPY tumbling
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,...