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The euro fell to fresh six-week lows against the dollar on Thursday after the European Central Bank stood pat on its monetary policy. Meanwhile, fresh data from the U.S. signaled the number of people who filed for unemployment assistance in the U.S...
ECB President Mario Draghi has confirmed that the central bank left rates unchanged. Besides that, he commented on the ongoing asset-purchase program, as well as liquidity for Greek banks...
1. At the center or first level of the market is something known as the Interbank market. While technically any bank is part of the Interbank market, when an FX Trader speaks of the interbank market he or she is really talking about the 10 or so largest banks that make markets in FX...
On Thursday the euro dropped to an eight-year trough against the pound, as sentiment on the single currency weakened before the European Central Bank's press conference and as Greece remained in focus. Meanwhile, expectations for a rate hike in the U.K. spurred demand for sterling...
The Bank of Canada (BoC) has cut interest rates further allowing the pound sterling to rocket to its best level since 2008. The Canadian dollar exchange rate complex (CAD) fell sharply after the Bank of Canada announced an interest rate cut of 0.25% on the 15th of July 2015...
By Nial Fuller Being a successful trader isn’t easy. In addition to sickening discipline, patience and passion, it requires the kinds of habits that most people simply don’t possess...
On Thursday crude-oil futures logged small gains, though still trading near three-month lows after posting sharp losses in the previous session on concerns over U.S. fuel demand and a global supply glut...
Violent clashes broke out while the Greek parliament was voting on wide-reaching reforms that are a condition of a third bailout from creditors. Late Wednesday, the austerity bill that will pave the way for financial aid worth 86 billion euros was approved with 229 votes in the 300-seat chamber...
W1 price is located below 200-period SMA and below 100-period SMA for the primary bearish market condition with secondary ranging between 61.8% Fibo support level at 1.0843 and Fibo resistance level at 1.1466: 50.0% Fibo support level at 1...
Gold prices held near multi-month lows Thursday amid receding concerns over Greece's debt crisis and amid mounting expectations of a Fed rate hike later this year...
On Thursday the euro was weaker against the greenback and the yen, with investors becoming aware of monetary policy divergence in the U.S. and the eurozone...
On Thursday the Australian dollar and the euro were lower in Asia trade as investors looked ahead to the timing of a likely Federal Reserve rate hike later in 2015. Meanwhile in Europe, Greece passed an austerity bill late on Wednesday in a fiery session of parliament...
Danske Bank is the 3rd bank estimating the EUR/USD to be around 1.02 - 1.04 at year-end. This bank explained it by 3 reasons: "Firstly, the Greek contingent deal implies that the saga continues...
Societe Generale evaluated the daily GBP/USD charts and estimated the bullish breakout for this pair with 61.8% Fibo level as a target at 1.5700: "GBP/USD now appears to inch higher towards 1.57/1.5790. 1.5950 decides about next leg of uptrend...
New York-based Bitcoin exchange Coinsetter announced margin trading “Coinsetter has made bitcoin trading capital efficient with the expansion of our margin trading capabilities, which were previously only available to business customers...
Citibank provided some forecasts concerning fundamental news events on Thursday related to ECB meeting and potential EUR reaction. Citi described it on 4 points to be mention: "European data has improved, but undeniably the risks to Europe have increased...
NZD/USD: Short position closed The open position for the NZD/USD has been closed on July 13 as a precaution. A profit has been made of 72 pips. The pair is still in a downtrend and had a strong pullback...
Humiliation Complete So this is it. Greece has now surrendered much of it’s sovereignty to a Europe led by Germany in return for an €86 billion bailout program which will keep the embattled nation in the Eurozone...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price crossed 0...
