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MARKET NEWS

Is a GBP Breakout on the Horizon?

The Bank of England (BoE) will be announcing its interest rate decision on Thursday, August 3, 2017 at 11 AM GMT. Find out more.
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Spike in Gold Price Spurred by Weaker Greenback

Weakness in the US dollar coupled with strength in the British pound have resulted in profitable opportunities for UK traders. Gold is on the march, thanks to Trump’s ascendancy.
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How to Trade the USD/JPY Currency Pair Amid the Turmoil

The USD/JPY currency pair is trading at 100.7110, up 0.21% or 0.2110. What will happen when the pair hits 100 to the greenback?
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Factors to Consider When Trading the EUR/USD Pair this Week

The EUR/USD currency pair is presently trading at 1.1159, up 0.19% or $0.0021. Based on the technical indicators and the moving averages, this pair is regarded as a sell.
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Trading the Cable in Brexit Week

How are Currency Traders Seeing the GBP/USD Pair this Week ahead of the Brexit vote?
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The US Dollar Index Shows Remarkable Resilience in the Currency Markets

The resilience of the USD is nothing short of remarkable. After hitting a low on 2 May of 92.626, the US dollar index has now begun its inexorable climb towards the 94.5 handle.
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Could We See 1.30 in EUR/USD?

Forex markets continued mostly with the trends that have been firmly established in recent weeks, as the US Dollar continues to make headway against most of its major trading counterparts. […]
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Dollar Growing Stronger on Global Uncertainties

Forex markets have had an interesting week, as the Dollar strengthen were seeing previously against the Euro has now spread to other areas of the market, as well.  There are […]
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Dollar Struggling to Gain Traction

Forex markets had some important fundamental data to work from last week, as most forex traders were squarely focused on the Friday Non Farm Payrolls
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GBP/USD Finally Takes 1.70

Forex markets saw some critical breaks in closely watched resistance levels in some of the most commonly traded pairs.
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