Dollar Tests Key Inflection Point – Stick or Twist for the Greenback
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Dollar rally triggered by blowout US jobs numbers for January Fed Chair Jerome Powell is keeping his cards close to his chest Key…
Forex News
The Week Ahead – 6th February 2023
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FOCUS ON: Technical Indicators Could Dominate Price Movement in What Is A Quiet Week In Terms Of Economic Reports After a huge week…
The Dollar Takes a Breather
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In the final few weeks of 2022, the US dollar finally slowed the pace of its gains as forex traders looked forward to…
Powell Reveals What is Guiding US Interest Rate Policy
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Dovish comments from US Fed Chair Jerome Powell trigger forex price moves In his Q&A session Powell revealed that US Jobs data is…
The Best and Worst Performing Currency Pairs in January 2023
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January was a quieter month by all accounts, with no currency showing itself as the out-and-out star performer at the beginning of the…
The Week Ahead – 30th January 2023
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FOCUS ON: Huge News Week Approaches with Jobs Numbers, Interest Rates, and Earnings All Coming Through the Pipeline Huge week for the markets…
Buy The Pound Ahead of Bank of England Meeting
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Sterling traders prepare for Bank of England interest rate announcement on 2nd February Technical and fundamental price drivers point towards a rally of…
Forex Market Forecast for February 2023
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February kicks off with a bit of a bang. On Wednesday, February 1, we have European inflation, EU unemployment, and a US Fed…
The Week Ahead – 23rd January 2023
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FOCUS ON: Risk Appetite Continues to Build and Takes Prices to Region of Key Resistance Levels. US Q4 GDP numbers dominate the economic…
Cooling US Inflation – Is it Time to Short the Dollar?
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Further signs that US inflation is cooling have led to more US dollar weakness US PPI comes in at -0.5% rather than -0.1%…
The Week Ahead – 16th January 2023
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FOCUS ON: Risk Appetite Remains Strong, but Markets Could be Over-Extended on a Short-Term Basis US Martin Luther King Day holiday on Monday…
US Inflation Cools in December
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The US dollar spiked in both directions Thursday before settling on a move higher after the latest US inflation data, which was in…
Risk Appetite Returns, But Not to All Markets
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Investor appetite has turned bullish in the run-up to key US inflation data being released. EURUSD has broken key technical levels and is…
The Week Ahead – 9th January 2023
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FOCUS ON: US Jobs Data Triggers Increased Appetite for Risk-on Assets US dollar slides following the release of Non-Farm Payroll numbers EUR and…
The Best and Worst Performing Currency Pairs in 2022
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2022 was somewhat of a crazy year, and not exactly in a good way. The aftermath of the pandemic has seen soaring inflation,…
We at Forextraders agree that less is more in this preparation process for each week’s trading action. Our News Page is designed to give you the bare essentials with narratives on the following three categories:
- Forecasts for the Upcoming Week: Presents a calendar of economic events, fundamental and technical information of note, and forecasted support and resistance levels for major currency pairs;
- Commentary on Short-Term Trends: Occasional alerts are given as to major market moves or developing trends, supplemented with technical charts and commentary that support the observed actions taking place;
- Commentary on General Market Forces at Work: Occasional reports summarize the current thinking of the community of analysts as to the major forces or concerns that are shaping long and short-termed market trends.
We welcome your usage of our news reporting and commentary, and we welcome your comments on any of the materials that appear within this and subsequent pages. Find what works for you, and remember – To be forewarned is to be forearmed!
 Between 74-89% of CFD traders lose
Between 74-89 % of retail investor accounts lose money when trading CFDs
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