Yesterday, US president Trump signed to formalise Steel and Aluminium Tariffs with notable exemptions for Canada and Mexico, subject to NAFTA progress. There were also hints that exemptions would be extended to key allies. Tensions on the Korean Peninsula have eased of late, with North and South Korea sending a joint team to the recent […]
Latest News
US retail sales next in line to shake the dollar – Forex News Preview
The US will see the release of its retail sales data for February on Wednesday at 1230 GMT. While consumer spending softened in January, it’s projected to have bounced back in February. If confirmed by the actual data, this would be an encouraging development for Fed policymakers, who are widely anticipated to raise interest rates […]
US Open Preview – Dollar climbs ahead of US CPI figures; European stocks edge up
Here are the latest developments in global markets: Forex: Political scandals surrounding the Japanese Finance Minister regarding a discounted sale of state-owned land continued to pressure the Yen during the European afternoon, sending dollar/yen to 107.60 (+0.80%) ahead of the release of US CPI figures which have the potential to alter risk appetite in the market. […]
This March we returned to Latin America with yet another seminar on Forex trading techniques, offered to online investors dedicated to improving their investment practices with the guidance of professional instructors. The first two stops of our intensive seminar series started in Latin America this spring were Mexico City on 3rd March and Guadalajara on […]
Technical Analysis – WTI crude oil futures post neutral sessions; Bollinger bands act like obstacles
WTI Crude Oil futures have been moving sideways over the last few sessions in the 4-hour chart, signaling weak momentum. The price hit several times the 20-simple moving average but failed to trade lower. Having a look at the bigger picture, oil has lost its aggressive buying interest but remains in bullish territory. In the 4-hour chart, the RSI indicator is flattening slightly […]
This is the Dukascopy Economic Calendar with an overview of the potential FX market movers for Tuesday, 13th of March. A high importance publication, which is the US Consumer Price Index for February opens this agenda at a half past noon GMT. CPI was up by a half a percent in January and overall index […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…
This is the Dukascopy Economic Calendar with an overview of the potential FX market movers for Tuesday, 13th of March. A high importance publication, which is the US Consumer Price Index for February opens this agenda at a half past noon GMT. CPI was up by a half a percent in January and overall index […]
European Open Preview – Yen weakens on politics; all eyes on US inflation
Here are the latest developments in global markets: Forex: The dollar was trading higher versus a basket of currencies on Tuesday, posting notable gains against the Yen in the midst of a political scandal in Japan that raises questions about the government’s ability to deliver moving forward. STOCKS: US markets were mixed yesterday. The NASDAQ […]
These are the Dukascopy Daily Trading Signals for Tuesday, where we’ll see how technicals compare with interbank at 8 AM GMT. Euro/Dollar has 4 sell signals in the hourly scale, but both the mid and long term models are mostly neutral. Interbank sentiment is bullish at 15% long. The Cable’s technicals show a similar outlook […]
Morning Report: 07.00 London This morning, the US dollar is back on the rise as investors weigh up the prospect of higher inflation fuelling rate rises. The US dollar index is rising from what appears to be short term support. The dollar pairs are mixed, with the AUD/USD and NZD/USD making gains while the EUR/USD […]
Technical Analysis – GBPUSD still in bearish correction mode; maintains weak bias in near term
GBPUSD has been holding in a short-term valid descending trend line since January 25. The pair struggled below the 20 and 40 simple moving averages near 1.3900 and 1.3960 respectively. The bearish correction seems to still be in progress, however, the technical indicators are holding in a neutral territory. In the daily timeframe, the MACD oscillator jumped above its […]
We are pleased to inform our clients that a great number of new US stock CFDs are now available for trading on the MT5 platform of XM. As always, we keep being alert to customer feedback and responsive to the investment needs of our clients. Based on our clients’ valuable feedback, we have now added […]
From early December, the EUR/USD pair rose from a low of 1.1712 and reached a high of 1.2556 on February this year. From early January, as shown below, the pair has moved in a horizontal zig zag pattern, establishing strong support and resistance areas. Today, the pair is in retreat mode as traders wait for […]
The most important development over the past week had nothing to do with economic data or central bank policy. Instead, concerns about trade wars and military action in North Korea eased as the U.S. government softened its tone. President Trump’s bark proved worse than his bite as he signed the steel and aluminum tariffs, but […]
The most important development over the past week had nothing to do with economic data or central bank policy. Instead, concerns about trade wars and military action in North Korea eased as the U.S. government softened its tone. President Trump’s bark proved worse than his bite as he signed the steel and aluminum tariffs, but […]
The most important development over the past week had nothing to do with economic data or central bank policy. Instead, concerns about trade wars and military action in North Korea eased as the U.S. government softened its tone. President Trump’s bark proved worse than his bite as he signed the steel and aluminum tariffs, but […]
The most important development over the past week had nothing to do with economic data or central bank policy. Instead, concerns about trade wars and military action in North Korea eased as the U.S. government softened its tone. President Trump’s bark proved worse than his bite as he signed the steel and aluminum tariffs, but […]
Overview GOLD price provided clear negative trading and is testing the critical support at 1316.48 now, which requires being aware from the upcoming trading, where breaking this level will complete forming a negative pattern that has the ability to push the price to test 1301.20 levels directly. We will keep our bullish trend expectations if […]
Overview Silver price touched our first waited target at 16.65 and settles there, waiting to surpass this level to reinforce the expectations of continuing the bullish trend. Our next target is located at 17.43. Besides, the price keeps its stability above the bullish trend line that appears on the chart which keeps the bullish trend […]
Flashing back a month earlier, an upward surprise in consumer prices caused a sharp but temporary reaction to the markets, with stocks sinking and government bond yields surging. While the consumer price index is not the Fed’s favorite inflation measure, and someone could expect the figures to be more informative rather than a market-driver, the […]
Keep The Kids Quiet In The Sky
Kids on planes, the most annoying thing in the world, and that’s if they are other people’s kids, imagine if the are your kids, it’s even worse, luckily the clever cookies at jet kids have come up with an ingenious solution. You can view this video and the full video archive on the Dukascopy TV […]
Gold Prices Fall, Silver Spec’s Still Bearish as Attention Turns to the Fed
GOLD PRICES started the week lower against a falling US Dollar on Monday, while equity markets surged after Friday’s strong US job data eased fears of inflation, writes Steffen Grosshauser at BullionVault. With the US central bank expected to hike interest rates at its March meeting next week, gold fell 0.5% even as the Dollar […]
This week, it is expected traders will continue to focus on the tariffs that were initiated by the Trump administration on Thursday last week. Over the weekend, American allies such as the European Union, Japan, and South Korea held a meeting with the United States’ trade representative, Robert Lighthizer seeking exemptions from the tariffs. They […]