CNY/USD up to 6.9032 after renewed trade deal hopes
Published:
The Chinese yuan became the standout winner in the foreign exchange markets on Wednesday after China and the US made a public commitment…
Forex News
AUD/USD at $0.7191 amid broader greenback sell-off
Published:
The greenback continued to take the top spot in the foreign exchange market headlines on Monday – though the news for the currency…
USD/EUR goes down 0.1% – but hope hovers for greenback
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The US dollar started this week in a mixed way after it declined in some of its major pairs but rose in some…
$1.1806 for EUR/USD after bad data releases come out
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The single European currency looked set to end the week on a bad note this week after it wiped out some of its…
Slight reprieve for dollar – USDX at 92.321
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The US dollar managed to climb back up somewhat in the foreign exchange markets on Wednesday after it got off to a bad…
GBP/USD up close to 0.2% after inflation figures released
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The British pound managed to secure one of the top positions in the forex markets on Wednesday after an economic calendar release worked…
Economic calendar news pushes USDX down to 92.869 level
Published:
The greenback’s descent back into the problem zones on the price charts was emphasised during Monday’s trading as the currency battled with the…
EUR/USD up by 0.1% – moves continue to be tentative
Published:
The US dollar went down in the forex markets on Monday morning as the world’s commodity currencies got higher. The positivity appeared to…
EUR struggles to build gains as momentum stalls
Published:
Although in recent weeks, the EUR has kept in surprisingly good health, currency traders are beginning to ask questions about the long-term health…
NZD slips to major support levels – what’s the forecast?
Published:
The New Zealand dollar (NZD) has finally caved in to a slow but sure build-up of selling pressure as the Reserve Bank of…
‘Take an indiscriminate approach’: lessons from the investment biker
Published:
In this interview with IG Group, the ‘investment biker’ Jim Rogers discusses the lessons he learned from two years exploring the countries he…
GBP climbs to five-month high despite weak economic data
Published:
The GBP markets responded positively on afternoon trading on Tuesday 11th August as the sterling rose to hit five-month highs. Industry analysts were…
CAD/USD boosted by commodities and spending data
Published:
The Canadian dollar saw a sudden rally early on Monday 10th August as news of rising commodity prices hit the market. This was…
Dollar on up as GBP/USD dips and hits $1.3091 level
Published:
The greenback staged a surprising recovery in the foreign exchange markets on Friday as analysts priced in expected poor performance in a major…
NZD/USD at $0.6681 on bad day in markets for dollar
Published:
The US dollar was down again in the forex markets as the week came to a close, with traders appearing to turn their…
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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Europe* CFDs ar...
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 77% of CFD traders lose
77 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
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 Your capital is at risk
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 Your capital is at risk
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