Forex markets react as economic data shows mixed picture
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The foreign exchange markets marked the midweek point with fears over the direction of the global economy after a series of mixed data…
Forex News
Dollar surges against risky currencies over recession fears
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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
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The US dollar was once again surging on Monday as the reality of the next few months of the coronavirus pandemic set in…
Dollar back on track following poor week
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The US dollar appeared to get back on track in the global foreign exchange markets on Monday after it suffered one of the…
Significant drop for dollar as US unemployment claims released
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The US dollar suffered in the foreign exchange markets on Thursday after much-anticipated joblessness claims for the US were released. Over 3m Americans…
Fear for dollar’s value as coronavirus job stats due
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A run of good luck for the US dollar appeared to come to an end on Thursday as the currency plummeted in the…
Greenback falls in aftermath of Fed moves
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The US dollar continued to fall in the foreign exchange markets on Tuesday after the effects of a significant move from the Federal…
Dollar in nosedive as Fed announces new approach
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The US dollar continued its trajectory of fluctuation on Tuesday after it was revealed that the country’s central bank would start backstopping a…
Dollar fluctuates over concerns about Senate stimulus
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The US dollar was up and down in the foreign exchange markets on Monday – and there was some uncertainty about the domestic…
US dollar wins this forex trading week
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The US dollar headed into Friday looking set to have achieved its best weekly performance since the year 2008. The greenback, which is…
Euro increases in value after ECB announcements
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The single European currency surged in value on Thursday morning as traders were relieved by the decision of the local central bank to…
Economic shutdowns lead to demand for dollar
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The US dollar continued to be in high demand on Tuesday as firms and traders across the globe built up their reserves…
New forex week arrives as Fed cuts rates further
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A new foreign exchange trading week has arrived – and while the coronavirus crisis is still continuing around the world, there are many…
Dollar back on the rise as liquidity sought in markets
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Liquidity appeared to be the number one feature desired by forex traders on Friday as the coronavirus continued to surge. The dollar held…
Bank of England cuts interest rates in emergency move
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The focus of the economic impact of the coronavirus shifted to Britain on Wednesday after the country’s central bank slashed interest rates in…
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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