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25/59
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Dear Valuable Reader,
Have you ever wondered which currencies receive the most trading action? The data for the following chart comes from a survey done every three years by the Bank of International Settlements (BIS).
Note that trading volume adds up to 200%, because each currency trade has a pairing.
The Chinese Yuan is now the 8th most traded currency in the world, for a total share of 4.0%.
That means its share has doubled since the 2013 BIS report:
But what is bitcoin’s trading volume like, relative to other currencies?
Bitcoin: In the last 30 days, about $3 billion of bitcoin has been traded, which averages out to $100 million per day.

Other Currencies:
The total amount of forex transactions per day is $5.1 trillion. The estimated daily turnover of just the Chinese yuan is $202 billion per day.
That means that the yuan has approximately 2,000x the volume traded of bitcoin, while total forex is 51,000x the size. In other words, bitcoin has a way to go to become one of the world’s most traded currencies.
Almost the traders in the world are trading now EUR/USD , which came in the 1st rank in 2016 for the most traded pair, by which reflects that it is the most volume of money fl…
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Illya avatar
Illya 31 Mar.

Good!

Vlad73 avatar
Vlad73 31 Mar.

good job

FXRabbit avatar
FXRabbit 31 Mar.

Well written!

Verona888 avatar
Verona888 31 Mar.

Useful information!

SikmaN avatar
SikmaN 31 Mar.

Успехов!!!

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16/47
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On Friday are published Nonfarm, the forecast for which has not matched on whole + 107K of workplaces, the dollar reacted respectively. Next week the Bank of England will hold the first after a referendum on Brexit meetings on which it can lower an interest rate which so I protected all these seven years …

The bank of England can lower a rate next week
Monday for pound was heavy again: data of the Construction PMI index this day have shown essential reducing business activity: upon the 46th basis point against 50,7 expected and 51,2 previous. On Tuesday Services PMI also left below the forecast: 52.3 against 53.1. Dynamics of industrial production has also specified recession, but is not as sharp as that was expected by analysts:-0,5% upon against forecast-1%.
In general on a weekend, the markets have finally pledged probability of interest rate reduction by Bank of England in the prices, and have practically finished to pledge its possible "zero" condition in the prices. Such talk (about a zero rate) even more often sounded on the leaving week.
Next week the markets will puzzle: whether there will be actions of Bank of England instant whether it will lower an interest rate now, o…
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samymahrous avatar

you did a great job

Natalia_Kisenko avatar

great article!

tangell avatar
tangell 29 July

все доступно и интересно

Klaudia25 avatar
Klaudia25 29 July

great article! thank you!

Yulia10 avatar
Yulia10 31 July

nice article

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30/59
Ranking
Today’s session is expected to be uneventful with bank holidays in France, Germany and Switzerland and no significant economic data due until Empire State Manufacturing Index during the NY session. As always on Mondays I prepared the currency update so you can familiarize with the situation in the markets.
Currency Update
USD: NFP for April missed on the headline figure at 160k vs 202k expected. However, Average Hourly Earnings came in as expected at a solid 0.3% rise for the month, which bodes well for the inflation picture and prompted some upside in the USD post release. The Fed’s April 27 statement failed to provide any further clarity on when the Bank may raise rates. There was no indication in the statement that a rate hike is likely in June, with Fed fund futures pricing a less than 20% chance of a hike at that meeting. CPI for March slightly missed estimates with Core dropping to 2.2% y/y from a prior of 2.3% and for the month, missing estimates at 0.1% versus 0.2% expected.
EUR: Flash GDP for Q1 missed expectations at 0.5% q/q versus expectations of 0.6%, and at 1.5% y/y versus expectations of 1.6%. Inflation data for April has pushed the Eurozone back into deflation. CPI …
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Sennna88 avatar
Sennna88 20 May

Was it helpful in the end ?

hrustiashka avatar

Good analysis

s_amira avatar
s_amira 23 May

Interesting article

yaritza2 avatar
yaritza2 24 May

thank you!!!

klintons avatar
klintons 26 May

Good Job

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30/53
Ranking

The loonie against the US dollar is at it's weakest level since September 2004. The USD/CAD is trading below the 1.32
level.
It has been on an uptrend since 2011. Althought there have been some periods of substantial depreciation, the long term
upward direction remains. Since the end of 2012 the appreciation has been accelerating and the upward trend line has beenchanging into a steeper and steeper one. Currently it is moving along a very steep upward trend line. Once it breaks the 1.32 resistance level, further appreciation may be quite strong. This scenario seems quite possible as many investors are expecting US rate hike in September, but will it actually take place then?
With the rate hikes in the US very probable in the upcoming months, or even in September, it may seem that we shouldexpect the USD/CAD to be appreciating inevitably. However, actually this currency pair may prove to be the barrier
to earlier rate hikes and may actually impact the decision and lead to a postponement of the rate hikes in the US. Fed
chairwoman Janet Yellen has stated recently that she expects the impact of the strong dollar on the US economy to
lessen with time. However, this has not taken place…
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WallStreet6 avatar

Thanks:)

Tach avatar
Tach 29 Aug.

1.40 :))

WallStreet6 avatar

:)

Olga18375 avatar
Olga18375 29 Aug.

Good job!! Good luck)

SalviLeana avatar

Well done

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18/33
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In my previous article, I outlined the key themes overriding the FX markets for the beginning and covered a few currencies. In this piece I will look at the remaining currencies.
AUD outlook
The Aussie is possibly one of the most interesting currencies to watch throughout 2015. With so much going on, the AUD stands to have quite a volatile year.
Many of the key drivers of the AUD are expected to have sizeable shifts next year such as US interest rates, or Chinese growth and given so many variables it will be very difficult to have a prediction for the AUDUSD in 1 year time.
Negative factors for the year ahead are as such. Looking at the 5 year real yield, we can see a strong and tight fit to the AUDUSD
With higher US rates, and higher market risks (and volatility), the AUD's yield pick-up becomes less and less attractive.
Furthermore, Weak Chinese demand has led to far far lower demand in the construction sector in the domestic economy. This can be clearly reflected in the decline in Iron ore prices (below) which are down some 40% in 2014 and has a less than promising outlook for 2015.
However it's not all bad for the Aussie. Lets consider for a minute we are a large (non-US) real …
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foreignexchange avatar

Good Job

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9/23
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Abstract

The major macroeconomic factors, defining currency exchange rate are discussed. Correlation between oil prices and current account balance for Canada is outlined. An“abnormal” state of futures market, known as “backwardation”, is described. An indispensable feature, signifying minimum in oil prices, is proposed as a corollary. Further dynamics of the Canadian dollar is discussed.
It is ubiquitously acknowledged that the main driving forces behind currency dynamics, absent the Central Bank interventions, are interest rates spreads as well as current account and capital account balances. Provided that the former parameter is negligibly small or kept unchanged for long period of time, the importance of the latter parameters increases.
When commodity price holds the key to currency exchange rate
Canada is a perfect case of a country that developed commodity oriented economy. Advantages as well as drawbacks of so lopsided economical structure are simple to grasp – current account as well as capital account balances (see fig. 1 and fig. 2) become prone to the vicissitudes of world demand for a certain raw material. This high demand might be invoked by legitimate growth of ec…
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Irishka456 avatar
Irishka456 29 Sep.

Полезная информация. Вы молодец

ANABEVZ avatar
ANABEVZ 29 Sep.

Супер!

HelgaPehkel avatar

I really have read this, not just put like, but i even do not know what to say, this is not my topic, i am too far from CAD and oil

Polinka avatar
Polinka 1 Oct.

many questions cause confusion...

Olga18375 avatar

Молодец!!

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26/53
Ranking
Cross trade for the upcoming weeks.In this article I am going to Look at some charts for the less popular Currency pairs, also known as the crosses. I am not focusing on the Majors as everyone looks at them and I will probably add nothing to these ideas.Therefore, firstly I am going to look at EUR/NOKEUR/NOK : Summary : This pair had been in a consolidation downward sloping channel since the beginning of 2012, This Pair has been coiling for a long time and could be due a breakout soon, It recently Broke underneath due to general EUR weakness but it quickly retraced to test the underside of that channel.Chart: As you can see we've stayed consistently below the 200DMA and are still respecting the Channel lines. Also you can see that EUR/NOK stalled at the 23% fib of the recent December Swing high. Trade: This pair is Bearish to flat,But I recommend a BUY STOP above the 23% fib at approx. 7.6000. From this I would set a tight SL which would respect the green trendline at around 7.58.My TP would be placed in the region of  7.700 where I would take 50% of the trade off and leave the rest to rise to 50% fib and upper channel trendline at 7.800 where I would Cover all trades.N.B. With cha…
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AdrianWS avatar
AdrianWS 28 Mar.

Too perfect not to comment on. AUDJPY is showing perfect signs of a H&S formation (my older articles have them in detail) but in short it targets a fall down to 82.50. Big moves ahead - http://tinypic.com/r/2dqlnnt/5

AdrianWS avatar
AdrianWS 30 Mar.

EURNOK : it reached 1.6490 before reversing and trading at 1.6417. Still holding above trendline and Fib and looks good for some higher move up.

AdrianWS avatar
AdrianWS 30 Mar.

GBPCAD : it has finally broken out above the key fib level and moved to 1.5985. Tp's now at 1.6 and moved stop to 1.5885. Looks good.

AdrianWS avatar
AdrianWS 30 Mar.

USDSGD : Has moved down to the trendline before boucing 85 pips. Limit buy triggered and holding profitable position.

AdrianWS avatar
AdrianWS 30 Mar.

CADCHF : This has fallen all the way down to the trendline where I've bought again. TP 0.9215 and 0.94.

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