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There has been a massive confusion in the global market due pending interest rate hike decision by the FED. In the last week, the FED hike their interest rate on the basis of 25 points in the global market...
The victory of Emmanuel Macron in the first round of the presidential elections in France weakened fears about France's withdrawal from the EU...
The unconditional center of attention of investors today is the publication of data from the US labor market scheduled for 12:30 (GMT) for April. It is expected that unemployment in April rose by 0.1% to 4...
Credit Agricole FX Strategy Research notes that in G10 FX the AUD was among the weakest currencies over the past few sessions...
Equity markets were well behaved after the FOMC meeting closing slightly lower after pullback. The fact was there was nothing really ground breaking nor indication that rate path would be steep enough to derail current risk rally...
Emerging markets currencies tumbled on Thursday amid a sharp correction in commodity prices and mounting expectations of a June Fed rate hike. The West Texas Intermediate hit $47.31 a barrel this morning while its counterpart from the North Sea fell to $50.26 amid supply glut worries...
EUR/USD Yesterday the pair fell to the level of 1.0900, however the downward movement stopped here...
As it became known, during the two-day meeting, the Fed kept interest rates at the same level, in the range of 0.75% -1.00%. The decision was taken unanimously, by 9 votes out of 9...
GBP/CAD is a minor pair that has 1 pip equal to $7.32 for 1 standard lot approximately. GBP pairs have one thing in common. All of them are volatile. Higher the volatility, more the profit potential. GBP pairs can move 500-1000 pips in matter of days...
I need Funds to build a simple robot that will make tea for my Mother, I`m inspires by the glorified Robots In Mortal Kombat...
CRUDE OIL: With the commodity remaining weak and vulnerable , more decline is expected in the days ahead. Though with caution. On the downside, support resides at the 48.00 level where a break will expose the 47.50 level. A cut through here will set the stage for a run at the 47.00 level...
The USD extended gains against most of its peers ahead of today’s FOMC meeting and ADP job report. The New Zealand dollar was among the few that was able to resist against the increasing demand for the greenback. NZD/USD rose to 0.6969 this morning amid a solid job report...
The FOMC meeting is clearly the key FX event of the day. The market is not pricing a rate hike, the likelihood of which is estimated at below 15%. Markets already feel more confident for a rate hike at the next meeting in June and today’s meeting is unlikely to change anything...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 3rd The EUR/USD pair came out of its consolidation range in early Europe, and now is losing positions, eyeing to retake its resistance at 1.0900...
After yesterday (22:45 GMT) the Bureau of Statistics of New Zealand published strong data on the state of the labor market in the country, the New Zealand dollar rose in the foreign exchange market. The unemployment rate in New Zealand in the first quarter decreased more than expected (4...
The focus of traders today will be the publication (21:00 GMT + 3) of the Fed's decision on the interest rate. It is likely that the Fed will keep rates today in the range of 0.75% - 1.00...
USDJPY: The pair continues to hold on to its upside pressure leaving more strength expected. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 level...
EUR/JPY The pair rose to the level of 122.40 and is ready to test the resistance of 122.50/60, which stopped the pair's growth in mid-March. It is followed by January highs and the even more important resistance zone of 123.00/10. GBP/JPY The pair tested the high of January at 144...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 2nd The EUR/USD pair prolongs its positive trend since the beginning of this week, mainly being supported by ongoing talks about upcoming French election, that are scheduled on this weekend...
