Seth Dompreh / Profil

UK Retail Sales is likely to add some momentum to the Sterling if we were to get a surprise release today. At any rate, because of the referendum, I would only take a trade if we get our tradable deviation… 5:30am (NY Time) UK Retail Sales Forecast -0.7% Previous 2.3% DEVIATION: 0.5% (BUY GBP -0...

...

Consumer price index falls for the first time since January According to the US Bureau of Labor Statistics, the month-over-month consumer price index (or CPI), which measures the average change in price of goods and services purchased by households over a given period of time, fell by 0...

GBP/USD continues to trade near long term support so trading focus is higher but realize that any rally could lead to a crash into early 20...Continue Reading...

FXCM and DailyFX are happy to announce our $10,000 Monthly Challenge winners for the month of February. Learn more about the contest here! Continue Reading...

Bid tone around USD strengthened following an upbeat US Q4 GDP report, pushing the GBP/USD pair lower near its daily lows. Strong figure, consumption revised higher The final Q4 GDP print has been revised higher to 1...

The common currency remained unchanged after the release of US GDP figures, with EUR/USD testing the 1.1160 region...

The greenback is posting marginal losses vs. its Canadian peer at the end of the week, with USD/CADmeandering around 1.3240. USD/CAD unchanged on US data Spot has barely reacted to the auspicious results from the US GDP figures, showing the economy has expanded 1...

USD/JPY remains comatose just above 113.00 levels despite upward revision of US Q4 GDP as volumes remain thin on account of trading holiday. Weekly gain is a done deal At 113.08, the pair is trading well above this week’s opening price of 111.54 levels...

EUR/GBP is trading below 0.79 handle after having clocked a 12-month high of 0.7946 levels on Thursday...

The Aussie dollar has faded part of the initial spike to session highs near 0.7530 vs. the greenback, promptingAUD/USD to slip back to the 0.7520/15 band. AUD/USD lower post-US data The pair could not sustain the bullish attempt near 0...

Fresh signs of weakness in oil prices helped theUSD/CAD pair snap 9-week losing streak, with prices aiming to end at 1.3240 levels. Rejected at 1.3296 Pair’s corrective rally failed to cut the pair above 1.33 levels as oil managed to take back losses on Thursday...

The US Dollar has rallied all week long, but this morning’s batch of mixed economic data has the greenback backing up into the long holiday weekend. Continue Reading...

AUDUSD is correcting off key resistance with the pullback to offer favorable long entries. Here are the updated targets & invalidation levels that matter. Continue Reading...

If technicals were the only thing guiding the markets, we would be positioned for some remarkable trading opportunities. Continue Reading...

Mar 24 -- Bloomberg’s Mark Barton examines the close of European markets on “Bloomberg Markets.” (Source: Bloomberg)......READMORE...

Algiers — Bank of Algeria (BA) has developed a new regulation amending the terms and conditions for approval of foreign exchange bureaus, a measure meant to benefit from the foreign currency circulating in the informal market, as the country is undergoing a significant drop in foreign currency in...

Currency accords seemed to be consigned to history. The 1985 Plaza Accord saw the major central banks intervene to take the dollar lower and rid the US of recession. Two years later, the Louvre Accord set out to stop the dollar from falling further.......READ MORE...

farewell, currency wars. Hello, carry trade! Spring’s arrival seems to have forex investors wondering if a new currency world order — in which central banks no longer drive each other’s currencies to the bottom — is sprouting.......READMORE...

While FXcompared.com did find that banks have been lowering their costs in recent months in the face of rising competition from online money transfer services, they remain several times more expensive than those independent services...