Discover the latest and most vital updates in the world of forex trading. Enhance your trades with the latest insights. Fresh news and market analysis.
Whether you're a full-time trader or new to the Forex market, our content can help you make informed decisions in the constantly shifting currency markets.
Stay ahead of trends, understand market drivers, and navigate your trading strategies accordingly. Know which stocks, currencies, or other financial assets show uptrend or downtrend movements daily.
The comprehensive Forex market and analysis section has customizable filtering options. A dedicated search window enables traders to look for any keywords or assets of interest.
Moreover, traders can choose the category and filter the news accordingly. Available categories are: Fundamental Analysis, Technical Analysis, Expert Commentary, Trade Pattern Ideas, Trade Ideas, and News. To refine results even further, users can select the date, ensuring a precise display of the selected period.
The Turkish Lira has reached a record low level against peer currencies. The USD/TRY traded above 20.0750 during mid-European hours. The drop of the currency was caused by the re-election of Recep Rayyip Erdogan as the country's President. Erdogan has extended his rule in Turkey for a third decade. In general, the re-election of the current head of state
The Turkish Lira has reached a record low level against peer currencies. The USD/TRY traded above 20.0750 during mid-European hours. The drop of the currency was caused by the re-election of Recep Rayyip Erdogan as the country's President.
The Wall Street Journal has reported that the person, which reported on a major bribery case at Ericsson in 2019, has been awarded $279 million by the US Securities and Exchange Commission.
The worldwide grain trader Viterra has been negotiating a merger with US competitor Bunge. The deal might reshape how global grain trade operates.
The New York City Banking Commission has voted to stop deposits into the city's accounts at Capital One and KeyBank after a failure of the bank to submit anti-discrimination plans.
The US Justice Department has revealed that in the upcoming months it would take actions against short sellers, which are being blamed for the recent US regional bank rout.
The US Bureau of Economic Analysis has just published its monthly Core PCE Price Index. The index was expected to reveal personal consumption expenditures to have increased by 0.3%. The actual increase has been revealed to be 0.4%.
The US Bureau of Economic Analysis has just published its monthly Core PCE Price Index. The index was expected to reveal personal consumption expenditures to have increased by 0.3%. The actual increase has been revealed to be 0.4%. The data was already expected to confirm that the US Federal Reserve was not managing in decreasing price inflation in the United
Reuters has reported that HSBC is considering leaving a dozen of countries and concentrate its efforts on Asia.
The price for gold has ended its broad sideways trading by declining below the 1,955.00 level. Moreover, the following decline reached as low as 1,940.00. However, by mid-Friday, the price had returned and was testing the 1,952.00/1,955.00 range's resistance. Economic Calendar Analysis On Friday, at 12:30 GMT, the Core PCE Price Index is bound to impact financial markets through the US Dollar. Next
As it was forecast, the USD/JPY has finally reached the 140.00 mark. Moreover, on Thursday, the round exchange rate level was passed and the rate traded above it, before retracing back downwards. On Friday, it appeared that the USD/JPY was looking for support in the 139.50 level and the 50-hour simple moving average. Economic Calendar On Friday, at 12:30 GMT, the Core
Amazon stockholders have voted to decline all 18 propositions made by other shareholders at the company's annual investor meeting.
The GBP/USD declined below 1.2320, but did not reach the 1.2300 mark on Thursday. During the first part of Friday's European trading, the rate had recovered above 1.2360. Economic Calendar On Friday, at 12:30 GMT, the Core PCE Price Index is bound to impact financial markets through the US Dollar. Next week, watch for the US ISM Manufacturing PMI on Thursday at 14:00
The EUR/USD has recently moved upwards to the combined resistance of the 50-hour simple moving average and the weekly S1 simple pivot point at 1.0740. Economic Calendar Analysis On Friday, at 12:30 GMT, the Core PCE Price Index is bound to impact financial markets through the US Dollar. Next week, watch for the US ISM Manufacturing PMI on Thursday at 14:00 GMT and
The price for gold has ended its broad sideways trading by declining below the 1,955.00 level. Moreover, the following decline reached as low as 1,940.00. However, by mid-Friday, the price had returned and was testing the 1,952.00/1,955.00 range's resistance. A move above the 1,955.00 level and the 50-hour simple moving average might result in the pair resuming fluctuating in the previous
As it was forecast, the USD/JPY has finally reached the 140.00 mark. Moreover, on Thursday, the round exchange rate level was passed and the rate traded above it, before retracing back downwards. On Friday, it appeared that the USD/JPY was looking for support in the 139.50 level and the 50-hour simple moving average. A resumption of the USD surge against
The GBP/USD declined below 1.2320, but did not reach the 1.2300 mark on Thursday. During the first part of Friday's European trading, the rate had recovered above 1.2360. An extension of the recovery could face resistance in the weekly S1 simple pivot point at 1.2373 and the descending 100-hour simple moving average. Higher above, note the 1.2400 mark and the 200-hour
The EUR/USD has recently moved upwards to the combined resistance of the 50-hour simple moving average and the weekly S1 simple pivot point at 1.0740. A move above 1.0740 is expected to face resistance in the 1.0760 level and the descending 100-hour simple moving average. In the case of these levels failing, the rate's further surge could be slowed down
German statistics office has revealed that the country's GDP has declined in the first quarter of the year by 0.3%, compared to the previous quarter. The new data confirms that the country has entered a recession.
The rating agency Fitch has announced that it has put the US AAA debt rating on negative watch due to the failing US debt ceiling talks.
Facebook owner Meta has started a final round of employee layoffs, which is part of a program to eliminate 10,000 positions.
The stock price of NVidia has started the day's trading with a 26.08% or $79.68 gap up. The price action was caused by the company's last night's earnings release. NVidia beat earnings and revenue forecasts despite total earnings decreasing more than ten percent. Earnings per share were forecast to be at $0.924 and total revenue $6.532 billion. The actual numbers
The stock price of NVidia has started the day's trading with a 26.08% or $79.68 gap up. The price action was caused by the company's last night's earnings release.
The United States Bureau of Economic Analysis has published the US quarterly Preliminary GDP data. GDP was expected to have increased by 1.1%. The actual number has been revealed to be 1.3%. The news strengthened the USD. In the current macroeconomic environment positive GDP data indicates that the US Federal Reserve is set to continue to hike interest rates and