Forex News Archive

Dollar surges in face of risk aversion

Denise Jackson

Published: 15th April, 2021

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

David Hobart

Published: 15th April, 2021

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

Chris Lee

Published: 15th April, 2021

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

David Hobart

Published: 15th April, 2021

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

Chris Lee

Published: 15th April, 2021

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

Forextraders

Published: 15th April, 2021

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?

David Hobart

Published: 15th April, 2021

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

Denise Jackson

Published: 15th April, 2021

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

Chris Lee

Published: 15th April, 2021

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

Denise Jackson

Published: 15th April, 2021

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

Denise Jackson

Published: 15th April, 2021

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

Chris Lee

Published: 15th April, 2021

The US dollar continued to cement its position at the top of the global foreign exchange trading tree on Friday. By Friday morning,…

Forex markets react as economic data shows mixed picture

David Hobart

Published: 15th April, 2021

The foreign exchange markets marked the midweek point with fears over the direction of the global economy after a series of mixed data…

Dollar surges against risky currencies over recession fears

David Hobart

Published: 15th April, 2021

Worries about the impact of a global recession were front and centre in the foreign exchange markets on Tuesday and into Wednesday –…

Rally for the dollar in uncertain landscape

David Hobart

Published: 15th April, 2021

The US dollar was once again surging on Monday as the reality of the next few months of the coronavirus pandemic set in…

While there are a few traders that choose to ignore the news in order to focus more time on the technical aspects of forex trading, the wise majority of our forex community professes a different opinion. Unless you want to be blindsided by events or trade based on luck alone, you are best advised to prepare for each week’s market action, typically on a Sunday before the forex market opens in Asia, starting with an appropriate “roadmap” to guide your efforts. The preferred roadmap typically includes a calendar of expected events, a review of what transpired the previous week, a forecast of fundamental and technical aspects for the week to come, and a bit of commentary on both short and longer-termed trends that are developing in the market. The general recommendation from the veterans among us is to develop a weekly routine that satisfies your needs without being too overly cumbersome. It can be easy to get overwhelmed by too much information in this endeavor, the paralysis of analysis syndrome. Your objective is to develop a “feel” for what is driving the market behind the scenes and then to act upon that knowledge to execute winning strategies that tilt the odds in your favor.

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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