The Best and Worst Performing Currency Pairs in May 2023
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Markets in May were impacted by uncertainty, with investors flocking to currencies known for being slightly safer than others. For example, the Turkish…
Forex News
Forex Market Forecast for June 2023
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June, which starts on Thursday, kicks off with European inflation and unemployment data as well as US ISM Manufacturing PMI data later in…
The Week Ahead – 30th May 2023
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FOCUS ON: US Jobs Numbers and Debt-Ceiling Negotiations The apparent progress on US debt-ceiling talks has calmed market nerves. With the deal yet…
Surprise German GDP Data Triggers Euro Sell Off
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Weak German GDP numbers show the country has entered a recession. Investors are flocking to the security of the US dollar. The US…
The Week Ahead – 22nd May 2023
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FOCUS ON: US Federal Debt-Ceiling and FOMC Minutes US debt ceiling talks in Washington continue to cast a shadow over the markets US…
Is Now the Time to Buy into the Debt-Ceiling Bounce?
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Positive updates from Washington cause US dollar and equity markets to rally Short-sellers squeezed out of positions as market sentiment turns positive Is…
The Week Ahead – 15th May 2023
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FOCUS ON: US Federal Debt-Ceiling and Risk of Default A quiet week in terms of core economic data US debt-ceiling debate likely to…
How Much Higher Can Sterling Go?
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Bank of England expected to raise interest rates by 25 basis points UK inflation rates are still red-hot, whilst other economies are showing…
The Week Ahead – 8th May 2023
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FOCUS ON: Markets Pause Ahead of US Inflation Numbers and UK Rates Decision US CPI inflation report due Wednesday is the key data…
The Best and Worst Performing Currency Pairs in April 2023
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Despite the banking turmoil that resulted in Swiss bank Credit Suisse failing and being acquired by UBS in March, the Swiss franc has…
What’s in a Word? Fed Guidance Suggests Dovish Approach Could be Around the Corner
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As expected, US Fed raises interest rates by 25 basis points. The move was already priced in, but increasingly dovish guidance has caused…
The Week Ahead – 1st May 2023
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FOCUS ON: Central Banks, Interest Rates, Earnings, and Job Numbers. US earnings season continues. ECB and US Fed set to announce interest rates….
China Regulatory Shift Could Trigger End to Crypto Winter
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China’s White Paper on Web 3.0 could re-open the hugely critical market to crypto trading. “This could be huge,” says Changpeng “CZ” Zhao,…
Forex Market Forecast for May 2023
Published:
May kicks off with three key central bank interest rate decisions, with the Reserve Bank of Australia (RBA) on Tuesday, the US Federal…
Strong Euro Price Action Heading into Key Data Releases
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All eyes turn to the ECB interest rate decision due next week. Recent strength in EURUSD could continue if interest rates rise by…
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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 Your capital is at risk
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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