us q1 forex

The U.S. economy was seen advancing at a slower than expected pace from what was initially reported, data from the commerce department showed last week. The United States Gross Domestic Product or GDP which measures the goods and services produced in the economy was seen expanding at a seasonally adjusted pace of 2.0% in the first quarter of the...

2018-07-04 John Benjamin Read more

The month of June stood out with two major central banks taking monetary policy decisions. The U.S. Federal Reserve hiked interest rates by 25 basis points while the European Central Bank announced a modest taper to 15 billion euro starting from September and eventually ending its QE program by December 2018. The U.S. dollar continued to main...

2018-07-03 John Benjamin Read more
forex markets

Since its inception in 2006, Twitter has revolutionised the way people interact with one another. It is amazing to see how a micro-blog of only 140 characters can stir not just people but the global financial markets. Twitter is now increasingly used in forex trading to get instant access to market information, expert opinions and trading tips. ...

2018-06-15 Orbex Read more
EUR & XAU Bulls Awaiting Their Turn

Surfs up dudes! Hold onto your boards, it's another episode of Surfing the Waves with Richard Tataru! EUR & XAU Bulls Awaiting Their Turn! During this technical analysis video, Richard is following up on his most recent and successful views, which were previously posted in the “USD Bulls Vs Bullfighters – Patterns At Decisive Levels” arti...

2018-05-29 Richard Tataru Read more
JPY Crashes As Q1 GDP Underwhelms

Weakness in Q1 As we have seen across many developed economies this year, Q1 growth in Japan was disappointing, printing -0.6% year over year and -0.2% quarter on quarter. Marking a contraction for the first time on over two years, and ending the longest run of Japanese GDP growth in 28 years, this is clearly a major blow to the BOJ who have be...

2018-05-17 James Harte Read more

Daily Forex Market Preview, 16/05/2018 The markets were trading mixed amid a day that saw weaker economic reports from the Eurozone and a slightly upbeat jobs report from the UK. The U.S. dollar gained strength late in the day as the currency surged on rising yields. The UK’s monthly jobs report showed that real wages were finally starting...

2018-05-16 John Benjamin Read more
Government Shutdown

Deadlock Dissolves Following a tense three days of deadlocked negotiations, the market was relieved today to hear that President Trump has now signed a spending bill, agreed upon by both the democrats and republicans. Bringing to an end the three-day government shutdown that had been running since last Friday. With the government having fail...

2018-03-20 James Harte Read more
bestworstcurrencies

Tomorrow we will examine the year as a whole in our 2017 review webinar, yesterday we looked at the big consensus calls for 2017 and how those early forecasts played out. Let’s now look at how this translated into price movement over the year, starting with which currency performed best and worst.   Best Performing Currency: Euro  ...

2018-01-17 James Harte Read more
Trump and Powell

Summary: Jerome Powell nominated to lead the Federal Reserve for the next five-year term FOMC vacancies exposes more inclination to the hawkish side FOMC doves, Kashkari and Evans expected to make way for hawks, John Williams and Loretta Mester Markets complacent about rate hikes in 2018 Lack of inflationary pressures and subd...

2018-01-25 John Benjamin Read more
BOC_Canada's inflation_2403

The monthly inflation data from Canada due to be released today will set an important market for the Bank of Canada. Central bank officials are expected to meet next week at the monthly monetary policy meeting. Although no changes to interest rates are expected given that the Bank of Canada hiked interest rates only in September and for a sec...

2018-01-25 John Benjamin Read more