Forex

USD Lower on Data Weakness The US dollar has come back under pressure over the last 24 hours as further data weakness has weighed on sentiment.  The ISM Non-Manufacturing reading was weaker than expected over November at 53.9 vs 54.5… Read More

Crude Stores Fall Crude prices rallied strongly this week. The latest report from the Energy Information Administration revealed a large drawdown in US crude stores. The EIA report showed that in the week ending November 29th, US crude… Read More

Equity markets continued to whipsaw. The equity index recovered from Tuesday's losses. This comes as news sources cite that the US and China were moving closer to an agreement. President Trump was also seen confirming that the trade talks… Read More

Having a good understanding of the change in exchange rates is a basic aspect of Forex. After all, that's how traders make money! There are a lot of factors that go into determining exchange rate changes. And it's always good to review… Read More

Traders Waiting on US Data The US dollar has been higher over the European morning so far on Wednesday. Some of the losses posted on the back of a weaker-than-expected manufacturing reading on Monday have been recovered. Later today,… Read More

Rates Held At Record Lows At its final meeting of the year, the Reserve Bank of Australia displayed a vote of confidence in the domestic economy by keeping rates on hold. Heading into the meeting, potential further easing from the bank… Read More

The Institute of Supply Management (ISM) will be releasing the monthly non-manufacturing or service sector PMI for November today. Considered to be one of the high impact items, investors will be keeping a close watch. Economists… Read More

Investor sentiment fell across the board following President Trump's comments on the China trade deal. Trump said that it would be better to wait until the 2020 elections for a trade deal with China. The comments come in contrast to the… Read More

USD Down on Manufacturing Miss The US dollar has been under pressure over early trading on Tuesday as the reaction from yesterday's data miss continues. The US ISM Manufacturing print for November came in below expectations at 48.1… Read More

Trading in the Forex markets can be an incredibly rewarding endeavor. Not only is there room for financial gain, but the academic challenge of conquering the FX markets is one that many people find irresistible. However, wanting to trade… Read More