Commodity currencies back in business as dollar dips
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Those global currencies dependent on commodity exports were up in the forex markets on Monday – leaving little room for the dollar to…
Forex News
Forex markets focus on Powell’s speech later
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The foreign exchange markets spent Wednesday morning readying themselves for a speech from the Federal Reserve Chair Jerome Powell, who is due to…
What do eased lockdowns mean for forex markets?
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The Japanese yen continued its slide on Monday as economies across the world saw the first signs of their lockdowns ending. As countries…
Yen on the wane as global lockdowns ease
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The so-called safe haven Japanese yen started to see its fortunes wane in the foreign exchange markets on Monday after a range of…
Turkish lira plummets as euro also suffers
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A number of currencies found themselves suffering in the foreign exchange markets on Thursday as the coronavirus pandemic continued to cause problems. The…
Japanese yen hits high points as risk aversion sets in
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The Japanese yen reached its best performance points in weeks on Wednesday and into Thursday as traders in the forex markets appeared to…
Yen surges ahead over euro stimulus fears
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The safe haven Japanese yen appeared to surge ahead in the forex markets on Wednesday morning after a contentious court decision was made…
Fears in markets over US-China battles ahead
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The foreign exchange markets reacted with fear on Monday as it became increasingly clear that the risks of a new US-China trade dispute…
Dollar drops further over raised vaccine hopes
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The US dollar continued to slide away from dominance on Wednesday after stocks went up in value. The greenback, which in recent weeks…
Fed meeting looms as dollar shows nerves
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Traders appeared to be nervous when it came to the US dollar on Wednesday ahead of a crucial meeting of the American central…
Risk sentiment returns as some nations ease lockdowns
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Risk appeared to be firmly back on the agenda in the foreign exchange markets on Monday after some economies around the world signalled…
Bank of Japan boosts its stimulus package
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The Japanese central bank announced a boost to its stimulus packages on Monday – a move which led to a rise in the…
Greenback to dominate week after oil price worries
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The US dollar looked set to enjoy its best week in the foreign exchange markets since the new month arrived this week. This…
Dollar slips after oil recovers
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The price of oil fluctuated then rose slightly in the global markets on Wednesday – leading to something of a slowdown for the…
Greenback firmer after oil fears grip the markets
Published:
The US dollar found itself mostly ahead of other currencies on Wednesday despite fears over fluctuating oil prices. The price of oil across…
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!
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