Will Cable Continue its Decline A strong start to the week just past saved from posting another losing week. However with it closing over a hundred points off its high, and this boosted by a late rally on Friday afternoon cable would seem destined to continue on its downward spiral over the
Whilst so far most of the currency pair moves in September have been taken up with speculation as to whether the Fed will raise interest rates this month next week it will reach a crescendo with the FOCM meeting. Despite the higher than expected inflation figures released on Friday market analysts don
This week the focus returns to Sterling with a busy week of news ahead for the GBP. It could be volatile as we are about to get the first official batch of post Brexit data. Tuesday sees the CPI (Inflation) figures released followed on Wednesday by Jobless, Thursday Retal Sales and Friday
As we enter the second week of August, after a worldwind end last week in the Forex market, what with the Bank of England’s dramatic action to boost the UK economy and the better than expected Non Farm Pay Roll, we are barely catching our breath. The figure however are going to
As we head into another trading week the in main news over the weekend that is likely to affect the currency markets. Merkel position has been undermined by the poor performance in regional elections. Chinese data came in weaker than expected on Saturday Finland being downgraded from its AAA status Early Market
new The turmoil in the markets since the new year shows little signs of abating in the short term. With added fears of Brexit and the continuing rout in the price of oil, Chinese turmoil risk is off signalled by the rapid appreciation of yen. Below is an interesting article looking dollar
The best forex trading room on the web is available to use 24HRs every day. Today Chris, one of the professional traders who moderates is going to be doing the cross over between Asian Close and London Open.With PMI figures coming from Europe we hope we will see plenty of price action.
For those who have traded for any length of time you’ll know that being great and selecting winning trades does not necessarily mean that you’re going to turn into a successful trader. This is because almost certainly as a result of your inability to take control of your emotions and feeling when