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…
Forex News
Greenback firmer after oil fears grip the markets
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The US dollar found itself mostly ahead of other currencies on Wednesday despite fears over fluctuating oil prices. The price of oil across…
Coming up in the foreign exchange trading week
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A new week is now well underway for foreign exchange market traders, and now’s the time to keep an eye on what’s coming…
Dollar surges in face of risk aversion
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The US dollar began the week appearing to head back to the top in the foreign exchange markets after concerns mounted about the…
Demand for risk sustained after coronavirus treatment news
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Demand for the riskier currencies appeared to be the name of the game in the foreign exchange markets on Thursday and into Friday…
Global economy prepares for further virus fallout
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The US dollar appeared to surge ahead in the foreign exchange markets on Wednesday after fears around the impact of the ongoing coronavirus…
Risk back on: dollar heads off top spot
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The US dollar continued what seemed to be a slow and steady decline on Tuesday and into Wednesday as the global forex markets…
China shows tentative recovery signs in bad news for dollar
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The US dollar appeared to lose its position of dominance on Tuesday as trading got back underway in earnest following the long weekend….
Coming up: a guide to this week in the foreign exchange markets
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As the coronavirus pandemic continues to rage around the world, foreign exchange traders are keeping a close eye on the day to day…
What’s on in the forex markets in the coming days?
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The foreign exchange markets look set to be taking a quick breather over the next few days as many major markets around the…
Coronavirus continues to grip forex markets
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The coronavirus pandemic continued to have a profound effect on the state of the global foreign exchange markets on Wednesday and into Thursday….
Dollar drops over hopes for global economic performance
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The US dollar ended its most recent run of strong performance in the international foreign exchange markets after the global economy appeared to…
Further drops for pound as details of British PM’s health are uncovered
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The British pound appeared to be on a losing streak in the foreign exchange markets last night after the health of Prime Minister…
Pound plummets after British PM taken to hospital
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The British pound was down significantly in the foreign exchange trading markets on Monday after British Prime Minister Boris Johnson was admitted to…
Dollar firmly in front as recession fears persist
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The US dollar continued to cement its position at the top of the global foreign exchange trading tree on Friday. By Friday morning,…
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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Between 74-89 % of retail investor accounts lose money when trading CFDs
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Europe* CFDs ar...
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