Forex Market News and Analysis

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.

Mon, 08 Aug 2022 19:59:33 GMT

Gold recovers after Friday's dip

The better than expected US Employment data caused a drop of the price for gold below the support zone at 1,771.30/1,773.10. However, after two hours, the commodity price recovered above the zone and started to use it as support. On Monday, the price started a broad recovery and reached as high as the 1,790.00 level. Economic Calendar Analysis This week, the top

Mon, 08 Aug 2022 19:41:43 GMT

USD/JPY trades near 135.00

In the aftermath of the US Dollar's surge, which was caused by the US employment data release, the USD/JPY found resistance in the 135.50 level. The resistance held and caused a decline. On Monday, the pair found support in the 134.50 level and a zone, which surrounds it. Economic Calendar This week, the top event for all markets will be the US

Mon, 08 Aug 2022 19:37:40 GMT

GBP/USD traders remain neutral

The US employment data release on Friday caused a drop of the GBP/USD below the support zone near 1.2080 and the 1.2050 level. The pair eventually found support near 1.2000 and recovered. During Monday's trading, the recovery encountered resistance in the 100-hour simple moving average near 1.2130. Economic Calendar This week, the top event for all markets will be the US Consumer

Mon, 08 Aug 2022 19:20:19 GMT

EUR/USD remains near 1.0200

On Friday, at 12:30 GMT, the EUR/USD plummeted due to the very good US employment data, which indicated that the Federal Reserve can hike USD interest rates and cause a decrease in USD supply. The pair plummeted from 1.0240 down to the 1.0140 level. However, since the event the pair has recovered. During the second part of Monday's trading, the

Mon, 08 Aug 2022 19:02:10 GMT

Gold recovers after US employment

The better than expected US Employment data caused a drop of the price for gold below the support zone at 1,771.30/1,773.10. However, after two hours, the commodity price recovered above the zone and started to use it as support. On Monday, the price started a broad recovery and reached as high as the 1,790.00 level. A move above 1,790.00 could encounter

Mon, 08 Aug 2022 18:48:36 GMT

USD/JPY trades around 135.00

In the aftermath of the US Dollar's surge, which was caused by the US employment data release, the USD/JPY found resistance in the 135.50 level. The resistance held and caused a decline. On Monday, the pair found support in the 134.50 level and a zone, which surrounds it. A surge of the USD against the Japanese Yen would have to

Mon, 08 Aug 2022 18:43:29 GMT

GBP/USD encounters resistance in moving average

The US employment data release on Friday caused a drop of the GBP/USD below the support zone near 1.2080 and the 1.2050 level. The pair eventually found support near 1.2000 and recovered. During Monday's trading, the recovery encountered resistance in the 100-hour simple moving average near 1.2130. An extension of the decline of the Pound against the US Dollar might look

Mon, 08 Aug 2022 18:14:03 GMT

EUR/USD recovers after Friday's drop

On Friday, at 12:30 GMT, the EUR/USD plummeted due to the very good US employment data, which indicated that the Federal Reserve can hike USD interest rates and cause a decrease in USD supply. The pair plummeted from 1.0240 down to the 1.0140 level. However, since the event the pair has recovered. During the second part of Monday's trading,

Mon, 08 Aug 2022 14:30:05 GMT

Pets At Home increases sales

Despite surging inflation, Pets At Home has reported an increase in quarterly revenue, as consumers have not reduced their spending on their pets.

Mon, 08 Aug 2022 14:06:31 GMT

Nvidia expects decline in earnings

Prior to Tuesday's US trading start, Nvidia announced that the company expects its second quarter revenues to decrease by 19.00%, compared to the previous quarter. The decline of income has been caused by a 44.00% drop in the gaming sector. The company's stock reacted to the news with an opening at $175.40, which is 7.21% lower than the Friday's closing

Mon, 08 Aug 2022 12:30:06 GMT

Oil declines to new low level

Crude oil price benchmarks have continued to decline, as prices have reached levels not observed since early February. The ongoing decline has been attributed to a production increase by OPEC+.

Mon, 08 Aug 2022 10:30:06 GMT

Tencent buys Ubisoft stock

Reuters has revealed that Tencent has been seeking to increase its holding stake of the Assassin's Creed series maker Ubisoft.

Mon, 08 Aug 2022 08:30:07 GMT

Tyson Foods ignores accusations

The New York Attorney General has revealed that Tyson Foods has been ignoring inquiry subpoenas about meat price gouging.

Mon, 08 Aug 2022 06:30:07 GMT

Deutsche Post reports growth

In the second quarter of 2022, the German logistics company Deutsche Post increased its revenue by 23.4% on an annual comparison basis.

Fri, 05 Aug 2022 13:30:07 GMT

Saudi Arabia increases oil prices

Saudi Aramco revealed on Thursday that it would set its price for Arab Light oil to the Asian market at a record high of $9.80 per barrel.

Fri, 05 Aug 2022 12:39:30 GMT

Good US Employment data boosts USD

At 12:30 GMT, the US Dollar surged against all other assets and currencies. The surge was caused by the better than forecast US monthly employment data. In July, US Average Hourly Earnings month on month increased by 0.5% instead of 0.3%. Non-farm Employment Change showed a growth of 528,000, compared to forecast 250,000. Meanwhile, the US Unemployment Rate is at

Fri, 05 Aug 2022 11:58:17 GMT

French stocks break resistance line

Since the last review of top 40 French stock index review done in mid-April, the index has bounced off the trend line, which connected 2022 lower and lower high levels, and reached the support zone at 5,700.00/5,800.00. The support zone was enough to cause a broad surge that eventually broke the declining trend line. The breaking of the resistance line

Fri, 05 Aug 2022 11:43:22 GMT

Copper descends in channel

The previous review of the price for copper was done on April 29. At the time, the top piece of information was the breaking of the large scale channel up pattern, which had guided the rate up since mid-2021. Since the event, in May, the price dipped and found support in the 4.00 mark, retraced to the lower trend

Fri, 05 Aug 2022 10:30:04 GMT

Glencore announces new dividend and stock buyback

On Thursday, Glencore revealed that the company would buy back stocks for a total value of $3 billion. In addition, the company intends to pay out additional $1.45 billion in a special dividend.

Fri, 05 Aug 2022 09:46:18 GMT

DUK+/EUR trades almost flat

In July, the asking price of the price for Dukascoin has been mostly flat near the 1.5000 mark. An exception to the rule was a dip below 1.4500 on July 28. In addition, from July 30 up to the review on August 5, the DUK+/EUR rate was flat at 1.4900. Meanwhile, the currency exchange rates bid price has been more volatile,

Fri, 05 Aug 2022 09:11:46 GMT

WPP stock declines 8.00% on earnings

The British multinational communications, advertising, public relations, technology, and commerce holding company WPP has released its second quarter earnings results. The quarterly results missed market expectations During the first two hours of London trading the stock price lost 8.17% or 72.8 GBP. The company has missed its earnings per share estimate by 2.12%, but the major hit to the stock occurred

Fri, 05 Aug 2022 08:49:31 GMT

WPP stock declines 8.00% on earnings

The British multinational communications, advertising, public relations, technology, and commerce holding company WPP has released its second quarter earnings results. The quarterly results missed market expectations During the first two hours of London trading the stock price lost 8.17% or 72.8 GBP.

Fri, 05 Aug 2022 08:37:28 GMT

Gold reaches above resistance zone

The price for gold has reached above the 1,784.40/1,788.70 zone. Afterwards, resistance was found in the 1,795.00 mark. On Friday morning, the commodity price was finding support in the previous resistance zone, as the 1,788.70 level appeared to be keeping the price up. Economic Calendar Analysis On Friday, one of the top events of the month will take place. At 12:30 GMT,

Fri, 05 Aug 2022 08:32:53 GMT

USD/JPY trades near 133.00

The Thursday's decline of the US Dollar against the Japanese Yen found ended at midnight below the 133.00 level. During the early hours of Friday's trading, the pair recovered and approached the combined resistance of the 133.50 level and the 50-hour simple moving average. Economic Calendar On Friday, one of the top events of the month will take place. At 12:30 GMT,

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