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Category: Forex trading

FOREX-Dollar holds at one-week highs as yuan outperforms

January 27, 2021
Patrick
Currency Markets, Forex trading, markets

LONDON, Jan 26 (Reuters) – The dollar held at a one-week high on Tuesday as doubts over the speed and size of U.S. stimulus discouraged risk-taking in currency markets, with the Chinese yuan the only notable exception. London trading had

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FOREX-Dollar sinks for 3rd straight session as risk sentiment rises

January 21, 2021January 26, 2021
Patrick
Currency Markets, Forex trading, markets

* Dollar down for third straight session * Euro up on ebbing Italy political turmoil * Commodity currencies – Aussie, Kiwi, Norwegian crown up * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Ritvik Carvalho LONDON, Jan 20 (Reuters) – The dollar

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Today’s data and news announcements: By Aine at Spark Global

January 5, 2021January 5, 2021
Patrick
Currency Markets, Forex trading, markets

Announcement time Important data, important news 15:00 German monthly rate of actual retail sales in November (%) Annual rate of actual retail sales in Germany in November (%) 15:30 Switzerland December CPI annual rate (%)   16:55 Germany December seasonally

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FOREX-Dollar trampled as riskier assets rally on U.S. stimulus hopes

December 30, 2020
Patrick
Currency Markets, Forex trading

Many analysts calling for long-term dollar decline * Low liquidity at year’s end may exaggerate moves * Expectations are strong for more U.S. stimulus By Stanley White TOKYO, Dec 30 (Reuters) – The dollar slumped to multi-year lows against many

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Foreign Exchange Analysis…By Aine at Spark Global

December 28, 2020
Patrick
Currency Markets, Forex trading, markets

12.28 (Monday) On Christmas last Friday, markets in Europe, America and Asia Pacific were closed, and the market was relatively light. Last Thursday, the US Congress passed a large-scale epidemic relief and government funding merger bill, but Trump refused to

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AUD/USD Price Forecast – Australian Dollar takes a nose dive?

December 23, 2020
Patrick
Currency Markets, Forex trading, markets

The Australian dollar has gapped lower to kick off the trading week, slicing below the 0.75 handle. At this point, the market is simply reacting to a lack of liquidity, and perhaps even a slightly overbought condition in the Aussie. That being

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(Tuesday) Forex Analysis By Aine

December 22, 2020
Patrick
Currency Markets, Forex trading, markets

By Aine at Spark Global 12.22 (Tuesday) Foreign Exchange Analysis The U.S. index rose sharply on Monday, and the US House of Representatives passed a 900 billion U.S. dollar rescue plan and a 1.4 trillion U.S. dollar government appropriation bill.

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Market Outlook by Jack at Spark global

December 22, 2020
Patrick
Currency Markets, Forex trading, markets

Market review: Spot gold staged a long-short double-strike situation on Monday. After breaking the 1900 mark, gold once plunged by $50 and then rebounded to near $1876. Eventually closed down 0.23%, at 1,876.44 US dollars per ounce. In the oil

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FOREX-Dollar climbs, Pound sinks 

December 21, 2020
Patrick
Currency Markets, Forex trading

The dollar climbed against major peers on Monday with investors seeking its relative safety as many countries tightened COVID-19 lock downs. Sterling GBP=D3 was the biggest loser in early Asian trading after Britain imposed tough new restrictions to stem a

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Currency Analysis…By Jack at Spark Global

December 18, 2020
Patrick
Currency Markets, Forex trading

On Thursday, the U.S. Index reached a new low again. Investors’ optimism about the economic stimulus reached by the United States continued to rise, boosting risk appetite and pushing the stock market to climb putting pressure on the U.S. index.

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